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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

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

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

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

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

Secured lenders take note: supreme court releases indalex decision
  • Heenan Blaikie LLP
  • Canada
  • February 22 2013

The Supreme Court of Canada recently released its much-anticipated decision in the Indalex Limited proceedings under the Companies' Creditors

Atlantic Canada solvency relief update
  • Stewart McKelvey
  • Canada
  • February 14 2013

On February 13, 2013, the Nova Scotia Department of Labour and Advanced Education announced temporary Solvency relief for private sector defined

Supreme Court offers some financiers protection, creates new risks for others, in its decision on Sun Indalex, LLC v. United Steelworkers
  • Blaney McMurtry LLP
  • Canada
  • June 3 2013

The Supreme Court of Canada, in a decision that has implications for borrowers and lenders alike, particularly where pension funds are involved, has

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