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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


Quebec Court overturns federal pension deemed trust in Aveos CCAA
  • Aird & Berlis LLP | Aird & McBurney LP
  • 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


What about federal pension claims?
  • Aird & Berlis LLP | Aird & McBurney LP
  • Canada
  • December 4 2013

The priority of claims against insolvent employers for amounts owing under provincially-regulated pension plans and, in particular, plans


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


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 of Canada restores super-priority of DIP lenders in CCAA proceedings
  • Norton Rose Fulbright Canada LLP
  • Canada
  • February 1 2013

In (Re) Indalex, the Supreme Court of Canada (SCC) affirmed the super-priority of the security granted to a debtor-in-possession (DIP) lender, over


Supreme Court of Canada speaks on Indalex
  • Blake Cassels & Graydon LLP
  • Canada
  • February 1 2013

The long-awaited and highly anticipated decision of the Supreme Court of Canada in the Indalex case was released today. The decision stems from an


Re Indalex: Canada’s top court provides some clarity for insolvent companies with pension deficiencies
  • Torys LLP
  • Canada
  • February 4 2013

On February 1, 2013, the Supreme Court of Canada in Re Indalex allowed in part the appeal of Sun Indalex Finance and, in doing so, delivered guidance


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


Supreme Court rules on pension claims in CCAA
  • Aird & Berlis LLP | Aird & McBurney LP
  • 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