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Canada: Court approves litigation funding agreement for insolvent company

Canada - April 18 2018 On March 16, 2018, a Quebec Court approved a litigation funding agreement for an insolvent company operating under court-protection in a Companies’...


Canada: Construction Subcontractors to Gain New Protections in Insolvencies

Canada - March 29 2018 Recent legislative amendments in Ontario are intended to protect construction subcontractors from the claims of other creditors in the event of...

Brendan O'Grady.


Canada: Alberta Court confirms letter of credit not subject to stay of proceedings under BIA

Canada - February 21 2018 In Tri-State Signature Homes Ltd, Re, 2017 ABQB 587, the Alberta Court of Queen’s Bench ruled that the statutory stay of proceedings under the...


Canada: Debt or equity? The characterization of a non-arms-length loan in an Canadian insolvency proceeding

Canada - January 24 2018 The difference between debt and equity claims can cause confusion among lenders, creditors, and insolvency professionals alike. In Tudor Sales Ltd...

Megan Paterson.


Double Jeopardy Argument fails for the Magic Lady

Canada - January 23 2018 Dubbed the 'Magic Lady' by the media for perpetrating a $100 million Ponzi scheme, Rashida Samji faced administrative proceeding brought by the BC...

Glenn Gibson.