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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

Re Indalex in the Supreme Court of Canada
  • Stikeman Elliott LLP
  • Canada
  • February 20 2013

The Court of Appeal for Ontario's (the "OCA") decision in Re Indalex Ltd. was decried by professionals in pension, banking and insolvency practices

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

Bill C-501: proposed changes to priority of pension fund payments
  • Osler Hoskin & Harcourt LLP
  • Canada
  • December 7 2010

Last month, I appeared before the federal government's Standing Committee on Industry, Science and Technology to convey our concerns regarding Bill C-501,An Act to amend the Bankruptcy and Insolvency Act and other Acts (pension protection), which if passed will alter the status of unfunded pension plan liabilities in the context of restructurings and bankruptcies

Indalex two years later: underfunded pension liabilities in the financing context
  • Gowling Lafleur Henderson LLP
  • Canada
  • December 23 2014

It’s been almost two years since the Supreme Court of Canada (SCC) decision in Indalex Ltd., Re.Currently, Canada’s lower courts are being

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

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

New developments regarding pension plans: relief measures extended and the passing of Bill 39 on Voluntary Retirement Savings Plans Act
  • Lavery de Billy LLP
  • Canada
  • December 19 2013

On November 27, 2013, the Government of Québec published the Regulation Providing New Relief Measures for the Funding of Solvency Deficiencies of

Quebec Court overturns federal pension deemed trust in Aveos CCAA
  • Aird & Berlis LLP
  • Canada
  • December 18 2013

In a November 20,2013 decision in the Companies Creditors' Arrangement Act (the "CCAA") proceedings of Aveos Fleet Performance Inc. and Aero

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