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McCarthy Tétrault LLP | Canada | 13 Dec 2021

Montreal (City) v Deloitte Restructuring Inc: the court’s discretion to stay compensation in CCAA proceedings

In the matter of the Companies' Creditors Arrangement Act ("CCAA") of SM Group, the Supreme Court of Canada rendered a decision regarding compensation…
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McCarthy Tétrault LLP | Canada | 8 Oct 2021

Expanding the investigative powers of a CCAA monitor

In the matter of the Companies’ Creditors Arrangement Act (the “CCAA”) of Bloom Lake, the Superior Court of Québec rendered a judgment regarding the…
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Thornton Grout Finnigan | Canada | 4 Oct 2021

No “Stranger” to the Proceeding: CCAA Court Reaffirms Single Proceeding Model

The single proceeding model, which is a core tenet in insolvency proceedings, was recently reaffirmed in the Companies' Creditors Arrangement Act…
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Borden Ladner Gervais LLP | Canada | 29 Sep 2021

Lower court's decision upheld by Supreme Court of Canada in CCAA ruling

In Her Majesty the Queen v. Canada North Group Inc., the Supreme Court of Canada (the Court) held that lower courts can permit the grant of court…
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Gowling WLG | Canada | 24 Aug 2021

Supreme Court of Canada confirms priority of court ordered charges in a CCAA proceeding

On July 28, 2021, the Supreme Court of Canada (the "SCC") released its decision in Canada v Canada North Group Inc.[1] (2021 SCC 30) confirming that…
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McCarthy Tétrault LLP | Canada | 5 Aug 2021

Supreme Court of Canada confirms priority status of restructuring charges over CRA deemed trusts

The Supreme Court of Canada (“SCC”) has released its decision in Canada North, conclusively resolving the priority dispute between deemed trusts…
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Stikeman Elliott LLP | Canada | 23 Jul 2021

Ordonnances de dévolution inversée : Remplaceront-elles les plans en vertu de la LACC?

Au cours des deux dernières années, les ordonnances de dévolution inversée (« ODI ») sont passées de concept inaperçu à l’outil de choix dans de…
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McCarthy Tétrault LLP | Canada | 19 Jul 2021

Top 5 Key Takeaways from “A Panel Discussion about the CCAA”

On June 17, 2021, McCarthy Tétrault virtually hosted A Panel Discussion about the CCAA with Partners Heather Meredith, Jacques Rousse, and Awanish…
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Borden Ladner Gervais LLP | Canada | 20 May 2021

Bankrupt company obtains protection under the CCAA

On March 30, 2021, the Supreme Court of British Columbia (the Court) made an initial order under the Companies Creditors Arrangement Act (the CCAA) in…
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McCarthy Tétrault LLP | Canada | 19 May 2021

Pre-filing sales taxes benefit from no priority under the CCAA

In the matter of the Companies’ Creditors Arrangement Act of North American retailer Groupe Dynamite, Justice Kalichman, then of the Superior Court of…
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