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No special treatment: Securities class action stayed by CCAA Court

Canada - November 15 2022 Under the Companies’ Creditors Arrangement Act (CCAA), Canadian Courts have broad discretion to order, extend or lift stays of proceedings. In a…

Sandra Abitan, Sophie Courville, Jessica Harding, Julien Morissette

Court of Queen’s Bench of Alberta concurrently approves sales process and transaction proposed by stalking horse bidder

Canada - April 4 2022 On March 30, 2022, in the context of receivership proceedings of Balanced Energy Oilfield Services Inc., Balanced Energy Oilfield…

Randal Van de Mosselaer, Emily Paplawski

Court of Queen’s Bench of Alberta concurrently approves sales process and transaction proposed by stalking horse bidder

Canada - April 4 2022 On March 30, 2022, in the context of receivership proceedings of Balanced Energy Oilfield Services Inc., Balanced Energy Oilfield…

Randal Van de Mosselaer, Emily Paplawski

La Cour du Banc de la Reine de l’Alberta approuve simultanément un processus de vente et une transaction proposée par un soumissionnaire-paravent

Canada - April 4 2022 Le 30 mars 2022, dans le cadre des procédures de mise sous séquestre de Balanced Energy Oilfield Services Inc, de Balanced Energy Oilfield Services…

Randal Van de Mosselaer, Emily Paplawski

Supreme Court of Canada expands discretion of the Courts to allow pre-post compensation in 'rare' cases

Canada - December 14 2021 On December 10, 2021, the Supreme Court of Canada (SCC) released its written reasons in Montréal (City) v. Deloitte Restructuring Inc.

Sandra Abitan, Fabrice Benoît, Julien Morissette, Bradley Sendel