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Results: 1-10 of 58

After Indalex: pension claims under the new CCAA

  • Aird & Berlis LLP
  • -
  • Canada
  • -
  • May 2 2013

On February 1, 2013, the Supreme Court of Canada (the "SCC") released its long-awaited decision in Sun Indalex Finance, LLC v. United Steel Workers

Update on DIP financing and priority charges

  • Blake Cassels & Graydon LLP
  • -
  • Canada
  • -
  • December 6 2012

On June 5, 2012, the Supreme Court of Canada heard the appeal from the Court of Appeal for Ontario’s decision in Re Indalex

Re Indalex in the Supreme Court of Canada

  • Stikeman Elliott LLP
  • -
  • Canada
  • -
  • February 20 2013

The Court of Appeal for Ontario's (the "OCA") decision in Re Indalex Ltd. was decried by professionals in pension, banking and insolvency practices

Pension priorities and fiduciary duties in pension plan administration

  • Blake Cassels & Graydon LLP
  • -
  • Canada
  • -
  • February 4 2013

On February 1, 2013, the Supreme Court of Canada rendered its much-anticipated decision in Sun Indalex Finance, LLC v. United Steelworkers et al

The Supreme Court rules in Indalex: DIP lenders rank ahead of pension beneficiaries in CCAA restructuring

  • Lavery de Billy LLP
  • -
  • Canada
  • -
  • April 24 2013

In 2009, Indalex, a Canadian subsidiary of a US company which manufactured aluminum extrusions, became insolvent. The US company subsequently filed

Ontario Court of Appeal gives priority to pension plan wind-up deficits in CCAA proceedings

  • Dentons
  • -
  • Canada
  • -
  • April 8 2011

On April 7, 2011, in Indalex Limited (Re), 2011 ONCA 265 (Re Indalex), the Ontario Court of Appeal (the Court) held that in certain circumstances a pension plan wind-up deficit should be paid in priority to claims of secured creditors, including amounts outstanding under a court-approved debtor-in-possession facility (the DIP Facility

Supreme Court of Canada overturns Indalex

  • Lawson Lundell LLP
  • -
  • Canada
  • -
  • February 1 2013

Pension and insolvency lawyers have been waiting with great anticipation for the Supreme Court of Canada to rule in Indalex. The decision was

Re Northern Sawmills Inc. court considers post-Indalex pension claims in receivership

  • Osler, Hoskin & Harcourt LLP
  • -
  • Canada
  • -
  • December 19 2012

This is another post-Indalex pension deficit priority case

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

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