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Insolvency watch Cellfor obtains court protection in Canada and US

  • Cassels Brock & Blackwell LLP
  • -
  • Canada, USA
  • -
  • January 9 2012

Cellfor, a privately held company that bills itself as the world's first and largest commercial supplier of conifer varietal seedlings to the forest industry, has obtained a court order granting it protection under the Companies' Creditors Arrangement Act

Court of Appeal defines directors’ authority in a receivership

  • Cassels Brock & Blackwell LLP
  • -
  • Canada
  • -
  • June 9 2011

Are the directors of a corporation which has been placed into receivership entitled to retain counsel on behalf of the corporation without prior approval of the Receiver or the court?