When Will a Court Lift a Statutory Stay to Permit A Class Action to Proceed?

Both the Bankruptcy and Insolvency Act (“BIA”)[1] and the Companies’ Creditors Arrangement Act[2] stay actions and remedies as against debtors.

Filed under:
Canada, Insolvency & Restructuring, Litigation, McCarthy Tétrault LLP, Bankruptcy, Debtor, Class action, Bankruptcy and Insolvency Act 1985 (Canada)
Authors:
Kelli McAllister
Location:
Canada
Firm:
McCarthy Tétrault LLP