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Secured lenders take note: supreme court releases indalex decision

Heenan Blaikie LLP
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Canada
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February 22 2013

The Supreme Court of Canada recently released its much-anticipated decision in the Indalex Limited proceedings under the Companies' Creditors

Pension plan members lose out in Supreme Court Indalex ruling

Heenan Blaikie LLP
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Canada
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February 13 2013

The Supreme Court of Canada recently released its much-anticipated decision in the Indalex Limited proceedings under the Companies' Creditors

Indalex: Supreme Court of Canada decision released

Heenan Blaikie LLP
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Canada
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February 11 2013

The Supreme Court of Canada ("SCC") recently released its much-anticipated decision in the Indalex Limited ("Indalex") proceedings under the

SCC reverses ONCA on major pension case: lenders and financiers breathe a sigh of relief

Heenan Blaikie LLP
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Canada
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February 5 2013

On Friday, the Supreme Court of Canada handed down its decision in the landmark pensioninsolvency case, Sun Indalex, LLC v. United Steelworkers. A

Supreme Court balances insolvency and environmental protection regimes

Heenan Blaikie LLP
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Canada
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January 25 2013

The Supreme Court of Canada recently considered the difficult intersection of Canada's federal insolvency regime with provincial environmental

Superior Court of Justice refines factors to be considered when determining COMI

Heenan Blaikie LLP
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Canada, USA
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November 23 2012

A recent decision of the Ontario Superior Court of Justice, Commercial List, refined the factors to be considered when determining the centre of main interests of debtor companies which are part of a larger corporate group

Evidence required for court appointment of receiver and 'quick-flip' sale

Heenan Blaikie LLP
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Canada
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August 24 2012

The Ontario Superior Court of Justice recently considered the evidence required when seeking the appointment of a receiver and the approval of a 'quick-flip' sale of a debtor company's assets in circumstances where the debtor, secured party and proposed purchaser are related parties

Court overrules right to oppose franchise agreement assignment in bankruptcy

Heenan Blaikie LLP
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Canada
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April 13 2012

The Alberta Court of Appeal recently released the first Canadian appellate court decision interpreting a bankruptcy trustee's rights to assign a franchise agreement of a bankrupt franchisee over the franchisor's objections

Court-appointed administrators (part two)

Heenan Blaikie LLP
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Canada
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January 17 2012

In my recent blog posting, I discussed the factors that courts will consider before setting aside an elected condominium board of directors to impose a court-appointed administrator