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Practical implications of the Supreme Court of Canada’s decision in (Re) Indalex
- Norton Rose Canada LLP
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- Canada
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- February 6 2013
The Supreme Court of Canada's decision in (Re) Indalex has changed the landscape for both lenders and borrowers in Canada who sponsor registered
The “mirror principle:” a partial "roll up" DIP order can be recognized under Part IV of the CCAA
- Norton Rose Canada LLP
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- Canada
- -
- June 20 2012
Prior to the 2009 amendments (the “Amendments”) to the Companies’ Creditors Arrangement Act (the “CCAA”), courts exercising jurisdiction under that statute could, in the appropriate circumstances, approve “roll up” debtor in possession (“DIP”) financing arrangements
