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Effect of a debtor’s pension plan liabilities and pension plan deficit on its secured lenders

  • Dentons
  • -
  • Canada
  • -
  • October 14 2008

Prudent lenders should monitor their corporate debtors’ pension plan liabilities and pension plan deficits because they may have a significant impact on the priority of the lender’s security and on the amount the lender will recover if the lender enforces its security

New pension contribution priorities under the Bankruptcy and Insolvency Act

  • Fasken Martineau DuMoulin LLP
  • -
  • Canada
  • -
  • November 24 2008

The priorities of some pension claims on bankruptcy and receivership changed as a result of amendments effective July 8, 2008 to the Bankruptcy and Insolvency Act R.S.C. (Canada) (the “BIA”

RRSPs in British Columbia receives legislative protection from creditors

  • Dentons
  • -
  • Canada
  • -
  • December 23 2008

The British Columbia Provincial government recently passed the Economic Incentive and Stabilization Statutes Amendment Act, 2008 (the “Act”

The new employee super-priority - new issues for secured creditors

  • Cassels Brock & Blackwell LLP
  • -
  • Canada
  • -
  • July 17 2008

For the first time ever in Canada, super-priority rights have been given to employees which will take priority over existing secured creditors

Tough times and pension funding in Canada: lessons from Slater Steel

  • Fasken Martineau DuMoulin LLP
  • -
  • Canada
  • -
  • September 17 2008

The decision of the Ontario Court of Appeal earlier this year in Slater Steel exposed 10 directors, officers and employees to possible personal liability of $20 million with no meaningful recourse against the insolvent Slater Steel or its assets

New concerns for bondholders, lenders and other creditors following SCC’s Indalex decision

  • Bennett Jones LLP
  • -
  • Canada
  • -
  • February 12 2013

On February 1, 2013, the Supreme Court of Canada (SCC) released its much-awaited decision in the Indalex case. While the central issue in Indalex

Supreme Court of Canada releases landmark Indalex decision

  • Bull Housser & Tupper LLP
  • -
  • Canada
  • -
  • February 1 2013

On February 1, 2013, the Supreme Court of Canada (SCC) released its long-awaited decision in Sun Indalex Finance, LLC, et al. V. United Steelworkers

Supreme Court of Canada releases its decision in Indalex: DIP charges are alive and well, but that's not all

  • McMillan LLP
  • -
  • Canada
  • -
  • February 2 2013

The highly anticipated decision of the Supreme Court of Canada in Re: Indalex was released this morning. Here are the key highlights: A great

This week at the SCC

  • McCarthy Tétrault LLP
  • -
  • Canada
  • -
  • February 4 2013

The Supreme Court issued one judgment this week in a case of interest to Canadian businesses and professions. In its eagerly awaited decision in Sun

Indalex decision: insolvency law v. pension law, round three

  • Davis LLP
  • -
  • Canada
  • -
  • February 11 2013

The Supreme Court of Canada's decision in the case of Re Indalex Ltd. 2013 SCC 6 (the "Decision") does not, as one national newspaper put it place