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Ontario Court of Appeal Interprets the TSX’s Majority Voting Requirement, Considers the Oppression Remedy, and Clarifies Set-off Rights

Canada - April 16 2021 A recent decision of the Ontario Court of Appeal interprets the Toronto Stock Exchange ("TSX") requirement that listed companies adopt a majority…

Paola Ramirez.

iAnthus Decision Changes the Landscape for Corporate Plans of Arrangement under the BCBCA by Permitting Third-Party Releases

Canada - February 22 2021 In two decisions rendered less than one week apart, Justice Gomery of the Supreme Court of British Columbia held that third-party releases may be…

James R. Munro, Tushara Weerasooriya.

Where the Restructuring Meets the Road: the Intersection Between Insolvency Proceedings and Construction Law

Canada - March 19 2020 The construction industry is one of many that may be strained as a result of the current COVID-19 global pandemic. And the insolvency of any party in…

Nicole Rozario.

Amendments to the CCAA, BIA and CBCA Now in Force

Canada - November 19 2019 The Act of Parliament that implemented the 2019 Federal Budget also included significant changes to Canada's principal corporate and restructuring…

Stephen Brown-Okruhlik, Waël Rostom.

Alberta Court of Appeal Ranks CCAA Super-priority Charges Ahead of CRA's Deemed Trust, but Uncertainty Remains

Canada - October 24 2019 In a recent split decision, the Alberta Court of Appeal held that super-priority charges granted in a Companies’ Creditor Arrangement Act (“CCAA”)…

Paola Ramirez.