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Gowling WLG | Canada | 1 Oct 2020

Guide to doing business in Canada: Bankruptcy & Restructuring

The economies of the United States (U.S.) and Canada are closely intertwined. As operations expand across the border, so too do the complexities…

McCarthy Tétrault LLP | Canada | 24 Sep 2020

Un locataire est-il tenu de payer son loyer pour la période de la restructuration durant laquelle il ne peut utiliser les locaux en raison d’un décret de fermeture ?

Dans l’affaire de la Loi sur les arrangements avec les créanciers des compagnies (la « Lacc ») relative à Groupe Dynamite, le juge Kalichman de la…

McCarthy Tétrault LLP | Canada | 24 Aug 2020

Set-off and claims that may not be compromised by a CCAA plan of arrangement

In the matter of the Companies’ Creditors Arrangement Act (“CCAA”) of the S.M. Group, the Québec Court of Appeal rendered a ruling on the effect of…

Gowling WLG | Canada | 18 Jul 2020

Covid-19: Quebec economic support programs - July 18, 2020.

Quebec declared a provincial state of emergency under the Decree declaring a state of health emergency through Quebec on March 13th, 2020. This decree…

McCarthy Tétrault LLP | Canada | 11 Jun 2020

Can a plan of arrangement authorize a monitor appointed to supervise insolvency proceedings to exercise rights on behalf of the debtor's creditors?

In the matter of Aquadis, the Quebec Court of Appeal recently rendered a decision on the power of a judge supervising restructuring proceedings under…

McMillan LLP | Canada | 10 Apr 2020

Has COVID-19 Lit the Fuse on Insolvencies in the Canadian Cannabis Industry?

Novel corona virus and the global COVID-19 pandemic have had devastating impacts on financial markets and the economy generally as well as everyday…

McCarthy Tétrault LLP | Canada | 26 Mar 2020

COVID-19 : Les réponses aux enjeux engendrés par la crise actuelle et les différentes options de restructuration à votre disposition

Jamais dans l’histoire les entreprises de toutes tailles et de pratiquement toutes les industries n’ont affronté une crise résultant à la fois d’un…

Fasken | Canada | 23 Mar 2020

Another Brick in the (Pre/Post) Wall: Non-dischargeable Claims and the Prohibition of Pre-post Compensation

On March 17, 2020, the Court of Appeal of Québec (the "Court") issued an important ruling concerning "pre-post" compensation and "non-dischargeable"…

McMillan LLP | Canada | 21 Mar 2020

Coronavirus: Harbinger of a new (old) approach to restructuring in Canada?

The global COVID-19 pandemic, coupled with an ill-timed crude oil price war between Saudi Arabia and Russia, has in a matter of mere weeks materially…

McCarthy Tétrault LLP | Canada | 19 Mar 2020

Are demobilization costs incurred by the lessor of property leased pursuant to an agreement which was disclaimed during insolvency proceedings to be paid by the debtor?

In the matter of the Companies’ Creditors Arrangement Act of Nemaska Lithium, the Québec Superior Court rendered an interesting decision regarding…
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