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Results: 1-10 of 467

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


Sun Indalex Finance, LLC v United Steelworkers: remedial trusts in the commercial context
  • DLA Piper LLP
  • Canada
  • February 27 2013

The Supreme Court of Canada's decision in Sun Indalex Finance, LLC v United Steelworkers, 2013 SCC 6, has a number of implications for employers


Restructuring
  • Blake Cassels & Graydon LLP
  • Canada
  • July 9 2015

As discussed in our May 15, 2015 Blakes Press Release: Historic Trial and Landmark Decision in Allocation of Nortel Estate: Significant Victory for


Lenders prevail over pensioners in Grant Forest appeal
  • Stikeman Elliott LLP
  • Canada
  • August 13 2015

On August 7, 2015, the Ontario Court of Appeal (ONCA) released its decision in Grant Forest Products Inc. v. The Toronto-Dominion Bank. The decision


Historic trial and landmark decision in allocation of Nortel estate: significant victory for Nortel pensioners whose benefits were at risk
  • Blake Cassels & Graydon LLP
  • Canada
  • May 15 2015

On May 12, 2015, the Ontario Superior Court of Justice and U.S. Bankruptcy Court delivered an unprecedented joint ruling in the multi-jurisdictional


Indalex pension decision considered by Ontario Court of Appeal
  • Osler Hoskin & Harcourt LLP
  • Canada
  • August 11 2015

Following the Supreme Court of Canada decision in Sun Indalex Finance, LLC v. United Steelworkers, 2013 1 S.C.R. 271 (Indalex), creditors and their


December 2015 Pensions Newsletter
  • Blake Cassels & Graydon LLP
  • Canada
  • December 11 2015

The grievor retired from service as a police officer one day prior to his 50th Birthday. He chose to accept the commuted value of his pension in lump


Lessons from Nortel: what do the recent allocation decisions mean?
  • Macfarlanes LLP
  • Canada, United Kingdom, USA
  • May 28 2015

Around 33,000 UK-based pensioners of the Nortel group look set to receive a greater share of the group’s $7bn worldwide assets, following a joint


Deemed trusts in the context of bankruptcy and insolvency
  • Blake Cassels & Graydon LLP
  • Canada
  • October 16 2015

In 2009, Grant Forest Products Inc. (GFPI) and related companies (collectively, Applicants) sought protection under the Companies’ Creditors


Blaneys Ontario Court of Appeal Summaries
  • Blaney McMurtry LLP
  • Canada
  • October 21 2016

Below are the summaries for this week's civil decisions of the Court of Appeal. There were two interesting civil decisions. In Canada Post Corporation