The pre-filing sales process in CCAA proceedings

In a previous post we discussed how the Court of Queen’s Bench of Alberta recently authorized a sale transaction after being satisfied with the appropriateness of a sales process that was undertaken prior to the issuance of the receivership order.

Filed under:
Canada, Alberta, Company & Commercial, Insolvency & Restructuring, Litigation, McCarthy Tétrault LLP, Liquidation, Companies' Creditors Arrangement Act 1933 (Canada)
Authors:
Walker W. MacLeod , Dextin Zucchi
Location:
Canada
Firm:
McCarthy Tétrault LLP
The critical supplier remedy and the continued use of inherent jurisdiction

Section 11.4 of the CCAA requires that persons identified as critical suppliers to a debtor company continue to provide goods and services on terms and conditions with the existing supply relationship.

Filed under:
Canada, Insolvency & Restructuring, Litigation, McCarthy Tétrault LLP, Credit (finance), Debtor, Supply chain, Stakeholder (corporate)
Authors:
Walker W. MacLeod , Dextin Zucchi
Location:
Canada
Firm:
McCarthy Tétrault LLP
The critical supplier remedy and the continued use of inherent jurisdiction

Section 11.4 of the CCAA requires that persons identified as critical suppliers to a debtor company continue to provide goods and services on terms and conditions with the existing supply relationship.

Filed under:
Canada, Insolvency & Restructuring, Litigation, McCarthy Tétrault LLP, Credit (finance), Debtor, Supply chain, Stakeholder (corporate)
Authors:
Walker W. MacLeod , Dextin Zucchi
Location:
Canada
Firm:
McCarthy Tétrault LLP