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Update on the Re Indalex Limited decision
  • Gowling WLG
  • Canada
  • March 28 2012

In a recent edition of Fully Secured (September 29, 2011 Volume 2, No. 3), the decision of the Ontario Court of Appeal in Re Indalex Limited was discussed, in which the Ontario Court of Appeal held that a statutory deemed trust claim arising out of a pension plan wind-up deficiency ranked in priority to debtor in possession (“DIP”) financing

The perils of partial wind-ups: Ontario Court of Appeal releases decision in Hydro One
  • Heenan Blaikie LLP
  • Canada
  • January 15 2010

The Ontario Court of Appeal released its decision in Hydro One Inc. v. Ontario (Financial Services Commission) on January 11, 2010

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

Obligations to pensioners in an insolvency: Supreme Court clarifies the law
  • Dentons
  • Canada
  • February 1 2013

The Supreme Court of Canada overturned the Ontario Court of Appeal today in what is one of the most highly-anticipated cases for the pension and

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

Indalex: appeal allowed, but ...
  • Blake Cassels & Graydon LLP
  • Canada
  • February 7 2013

On February 1, 2013, the Supreme Court of Canada (SCC) released its decision in Sun Indalex Finance, LLC v. United Steelworkers (Re Indalex). With

SCC decision in Re Indalex not good news for cash collateral arrangements
  • Stikeman Elliott LLP
  • Canada
  • February 8 2013

Swaps market participants accepting cash collateral from an entity subject to Ontario provincial pension benefits legislation will want to consider

SCC reverses ONCA on major pension case: lenders and financiers breathe a sigh of relief
  • Heenan Blaikie LLP
  • Canada
  • 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

Practical implications of the Supreme Court of Canada’s decision in (Re) Indalex
  • Norton Rose Fulbright Canada LLP
  • Canada
  • 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

Bankruptcy reform in Canada - yet further protection for pension plan and employee claims?
  • Lawson Lundell LLP
  • Canada
  • October 18 2010

Amendments to the Bankruptcy and Insolvency Act (BIA) and related new legislation came into force in the summer of 2008 which were aimed at significantly enhancing and protecting, among other things, employee related claims against bankrupt or insolvent companies