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Indalex case to be heard by Supreme Court of Canada

  • McCarthy Tétrault LLP
  • -
  • Canada
  • -
  • December 1 2011

Today, the Supreme Court of Canada agreed to hear an appeal of the unanimous decision rendered last April by the Ontario Court of Appeal (OCA) in Re Indalex Limited (Indalex

Comments on the Supreme Court of Canada’s landmark insolvency decision in Ted LeRoy Trucking

  • McCarthy Tétrault LLP
  • -
  • Canada
  • -
  • May 20 2011

The Supreme Court of Canada decision in Century Services Inc. v. Canada (Attorney General), which arose from the restructuring proceedings of Ted LeRoy Trucking Ltd. and was released on December 6, 2010, is a landmark decision in Canadian insolvency law

Follow-up commentary on Indalex

  • McCarthy Tétrault LLP
  • -
  • Canada
  • -
  • April 21 2011

In a client update released earlier this month, we discussed the recent decision of the Ontario Court of Appeal in the CCAA proceedings of Indalex Limited

Indalex priority case decided Ontario Court of Appeal gives priority to pension plan deficiency over secured lenders

  • McCarthy Tétrault LLP
  • -
  • Canada
  • -
  • April 8 2011

This week, the Ontario Court of Appeal surprised many by deciding that in the context of the CCAA proceedings of Indalex, pension plan deficiency claims can have priority over security held by secured DIP lenders

Canadian restructuring proceedings

  • McCarthy Tétrault LLP
  • -
  • Canada
  • -
  • July 23 2009

In Canada, there is more than one insolvency regime available to an insolvent company that wishes to restructure its debts and operations