Lion Electric tests the limits of Directors’ and Officers’ releases under the Companies’ Creditors Arrangement Act

The collapse of The Lion Electric Company and its affiliates (Lion Electric) has attracted considerable attention as a sign of potential trouble in Québec’s manufacturing and electric vehicle sectors1.

Filed under:
Canada, Insolvency & Restructuring, Litigation, Torys LLP, Electric vehicle
Authors:
Julie Himo , Alec Angle , David Bish , Christopher Richter , John A. Fabello , Cristina Cosneanu
Location:
Canada
Firm:
Torys LLP