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Supreme Court of Canada sets date to hear Indalex appeal
  • Blake Cassels & Graydon LLP
  • Canada
  • January 30 2012

On Thursday, December 1, 2011, a three-judge panel of the Supreme Court of Canada granted leave to appeal from the decision of the Court of Appeal for Ontario in Re Indalex

Pensions v. DIP charge: the continuing Timminco saga unions’ motion for leave to appeal denied
  • Osler Hoskin & Harcourt LLP
  • Canada
  • August 27 2012

The law in Canada concerning priorities between the statutory deemed trusts relating to pension plan contributions and certain pension fund shortfalls on the one hand, and court ordered charges in favour of DIP lenders on the other hand has been in a state of flux ever since the decision of the Ontario Court of Appeal (the “OCA”) in Re Indalex

New concerns for bondholders, lenders and other creditors following SCC’s Indalex decision
  • Bennett Jones LLP
  • Canada
  • February 12 2013

On February 1, 2013, the Supreme Court of Canada (SCC) released its much-awaited decision in the Indalex case. While the central issue in Indalex

Supreme Court of Canada releases landmark Indalex decision
  • Bull Housser & Tupper LLP
  • Canada
  • February 1 2013

On February 1, 2013, the Supreme Court of Canada (SCC) released its long-awaited decision in Sun Indalex Finance, LLC, et al. V. United Steelworkers

Supreme Court of Canada releases its decision in Indalex: DIP charges are alive and well, but that's not all
  • McMillan LLP
  • Canada
  • February 2 2013

The highly anticipated decision of the Supreme Court of Canada in Re: Indalex was released this morning. Here are the key highlights: A great

This week at the SCC
  • McCarthy Tétrault LLP
  • Canada
  • February 4 2013

The Supreme Court issued one judgment this week in a case of interest to Canadian businesses and professions. In its eagerly awaited decision in Sun

Indalex decision: insolvency law v. pension law, round three
  • DLA Piper LLP
  • Canada
  • February 11 2013

The Supreme Court of Canada's decision in the case of Re Indalex Ltd. 2013 SCC 6 (the "Decision") does not, as one national newspaper put it place

Indalex: what are the pension implications?
  • Osler Hoskin & Harcourt LLP
  • Canada
  • February 11 2013

"When a business becomes insolvent, many interests are at risk. Creditors may not be able to recover their debts, investors may lose their

Tough times and pension funding in Canada: lessons from Slater Steel
  • Fasken Martineau DuMoulin LLP
  • Canada
  • September 17 2008

The decision of the Ontario Court of Appeal earlier this year in Slater Steel exposed 10 directors, officers and employees to possible personal liability of $20 million with no meaningful recourse against the insolvent Slater Steel or its assets

RRSPs in British Columbia receives legislative protection from creditors
  • Dentons
  • Canada
  • December 23 2008

The British Columbia Provincial government recently passed the Economic Incentive and Stabilization Statutes Amendment Act, 2008 (the “Act”