Indalex: DIP lenders smile, ABLs frown and directors are perplexed

On February 1, 2013, the Supreme Court of Canada released its decision in Sun Indalex Finance, LLC v. United Steelworkers[1]. The ruling:

Filed under:
Canada, Insolvency & Restructuring, Litigation, Fasken, Fiduciary, Debtor in possession, Constructive trust, United Steelworkers, Supreme Court of Canada, Court of Appeal for Ontario
Authors:
Jon Levin , Aubrey Kauffman , Dylan A. Chochla
Location:
Canada
Firm:
Fasken