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Results: 1-10 of 464

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


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


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


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


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


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


Checkmate: Third Circuit holds automatic stay bars participation in U.K. pension proceedings
  • Bracewell LLP
  • Canada, United Kingdom, USA
  • January 19 2012

A recent decision by the Third Circuit in the Nortel Group bankruptcy reinforces the worldwide reach of the automatic stay and the narrow scope of the police power exception under section 362(b)(4) of the Bankruptcy Code


Supreme Court protects creditors and pension plan administrators sponsors
  • Stewart McKelvey
  • Canada
  • February 1 2013

So begins the epic decision released this morning by the Supreme Court of Canada in Sun Indalex Finance, LLC v United Steelworkers, 2013 SCC 6 a