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Leave to appeal granted in Indalex
  • Heenan Blaikie LLP
  • Canada
  • December 2 2011

The Supreme Court of Canada granted leave to appeal yesterday in Indalex Limited (Re

DIP lending charge: when super-priority is not so super
  • Heenan Blaikie LLP
  • Canada
  • April 25 2011

On April 7, 2011, the Ontario Court of Appeal (the "OCA") released its decision in Indalex Limited, ordering that the reserved sale proceeds of a going-concern sale involving the Canadian Indalex entities ("Indalex Canada"), held by the court-appointed monitor, FTI Consulting Inc