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Indalex priority case decided Ontario Court of Appeal gives priority to pension plan deficiency over secured lenders
  • McCarthy Tétrault LLP
  • Canada
  • April 8 2011

This week, the Ontario Court of Appeal surprised many by deciding that in the context of the CCAA proceedings of Indalex, pension plan deficiency claims can have priority over security held by secured DIP lenders


Ontario Court of Appeal grants retirees priority over secured creditors
  • Osler Hoskin & Harcourt LLP
  • Canada
  • April 12 2011

On April 7, 2011, the Ontario Court of Appeal released its long-awaited decision in Re Indalex Limited


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


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


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


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


Pension priorities in Canada: an update for lenders
  • Bennett Jones LLP
  • Canada
  • February 25 2014

Financiers and lenders to Canadian companies have become increasingly concerned about potential priorities of pension claims in Canada over the past


Give this post superpriority Supreme Court decides Sun Indalex Finance, LLC v. United Steelworkers
  • McCarthy Tétrault LLP
  • Canada
  • February 5 2013

The Supreme Court has issued its much-anticipated decision in Sun Indalex Finance, LLC v. United Steelworkers. The Supreme Court has issued its


Supreme Court rules on pension claims in CCAA
  • Aird & Berlis LLP
  • Canada
  • February 8 2013

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