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Canada: Discretionary Deemed Proxy Ruled Fundamentally Undemocratic for Voting Creditor Claims

Canada - August 15 2018 Bloom Lake General Partner Limited, Wabush Resources Inc. and related entities (Bloom Lake) received Court protection under the Companies’ Creditors...


Fraudulent Conveyance Claim flounders on procedural shores

Canada - June 28 2018 In Esfahani v. Samimi, 2018 ONCA 516 the Ontario Court of Appeal confirmed that a plaintiff pursuing a fraudulent conveyance or preference must...

Glenn Gibson.


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...