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National Creditor Debtor Review: THE INTERPRETATION OF A PROGRESS PAYMENT AGREEMENT BY A BANKRUPTCY JUDGE SITTING IN THE PROVICE OF QUEBEC •

Note: Reproduced with permission of the publisher from Commercial Insolvency Reporter, Vol. 23, No. 1, October 2010. (Canada, North America, Ottawa) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Canada,North Ameri ...

Resource Article - abi_editor - 03/16/2011 - 13:21 - 0 comments - 1 attachment

Canadian Credit: Bill C-501 Is a Surprise Issue with Large Consequences

(Canada, North America, Ottawa) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Canada,North America,Ottawa ...

Resource Article - abi_editor - 03/10/2011 - 14:15 - 0 comments - 1 attachment

THE INSOLVENCY INSTITUTE OF CANADA TASK FORCE ON PENSION REFORM

The Insolvency Institute of Canada (“IIC”) Task Force on Pension Reform (the “Task Force”) respectfully submits this report on behalf of the leading organization of insolvency professionals in Canada. A brief description of IIC is attached as Schedul ...

Resource Article - abi_editor - 12/03/2010 - 15:13 - 0 comments - 1 attachment

Ontario Court of Appeal confirms invalidity of referential bids

Pursuant to an order issued on June 9 2010 in Fifth Third Bank v MPI Packaging Inc, the Ontario Court of Appeal dismissed an appeal from a disgruntled bidder and confirmed the invalidity of referential bids in Ontario. Grant Thornton Ltd was appointe ...

Resource Article - abi_editor - 11/02/2010 - 15:05 - 0 comments - 0 attachments

The CCAA scene: recent and notable

http://www.lexology.com/library/detail.aspx?g=8b024c90-8bbd-4ed9-ac2a-d11dc543e9e4&l=7EKBFJT (Canada, North America, Ottawa) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Canada,North America,Ottawa ...

Resource Article - global.abi.org - 09/30/2010 - 14:25 - 0 comments - 0 attachments

The CCAA scene: recent and notable

On May 4, 2010, AbitibiBowater Inc. announced that it and certain of its Canadian and US subsidiaries filed with the court in Canada a draft Plan of Reorganization and Compromise and with the court in the US a draft Debtors’ Joint Plan of Reorganization. ...

Resource Article - global.abi.org - 09/29/2010 - 11:55 - 0 comments - 0 attachments

National Insolvency Review

On March 22, 2010, the Superior Court of Quebec approved a plan of arrangement under the Canada Business Corporations Act [CBCA], R.S.C. 1985, c. C-44, that allowed a corporation, MEGA Brands Inc., to achieve a worldwide restructuring of its bu ...

Resource Article - global.abi.org - 09/29/2010 - 10:12 - 0 comments - 1 attachment

Black Press Founder Bids For Canwest Papers

The owner of a British Columbia newspaper group has joined the bidding for bankrupt Canwest Global Communications Corp's newspaper assets, Reuters reported on a Globe and Mail story. The bid from David Black, founder of Black Press Ltd, will com ...

Daily Headline - global.abi.org - 03/05/2010 - 06:54 - 0 comments

Gatineau Mill's U.S. Parent Files For Creditor Protection

A Gatineau newsprint mill followed its owner into bankruptcy protection Wednesday, the latest victim of hard times in the newspaper industry, The Ottawa Citizen reported. Papier Masson is one of three mills in Quebec and another in Virginia affected ...

Daily Headline - global.abi.org - 02/25/2010 - 11:34 - 0 comments

Canwest Creditors Win Backing For Turnaround Plan

Canwest’s main creditors have won backing from a majority of the company’s lenders for a plan to restructure the newspaper publishing chain, despite opposition from Chief Executive Leonard Asper, The Toronto Sun reported. According to McMillan LLP, t ...

Daily Headline - global.abi.org - 01/27/2010 - 09:13 - 0 comments

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