Century Services Inc. v. Canada (Attorney General)

2010 SCC 60 (Released 16 December 2010)

Bankruptcy and Insolvency – Companies’ Creditors Arrangement Act – Priorities

In the first decision of the Supreme Court of Canada considering the Companies’ Creditors Arrangement Act (“CCAA”), the court discusses the principles of interpretation for the CCAA. Apart from its importance in that respect, the decision is also of interest for its discussion of statutory interpretation, particularly with respect to statutory amendments.

Filed under:
Canada, Insolvency & Restructuring, Litigation, WeirFoulds LLP, Bankruptcy, Debtor, Statutory interpretation, Excise, Liquidation, Dissenting opinion, Vesting, Beneficial interest, Companies' Creditors Arrangement Act 1933 (Canada), Bankruptcy and Insolvency Act 1985 (Canada), Court of Appeal of England & Wales, Supreme Court of Canada
Authors:
Mandy L. Seidenberg
Location:
Canada
Firm:
WeirFoulds LLP
Her Majesty the Queen in Right of the Province of Newfoundland and Labrador v. Abitibibowater Inc., et al.

SCC Docket No. 33797, Leave granted 25 November 2010

Bankruptcy and Insolvency—Companies' Creditors Arrangements Act—Provincial Obligations

On November 25, 2010, the Supreme Court of Canada granted leave to appeal in Her Majesty the Queen in Right of the Province of Newfoundland and Labrador v. Abitibibowater Inc., et al.

Filed under:
Canada, Insolvency & Restructuring, Litigation, WeirFoulds LLP, Bankruptcy, Environmental protection, US Environmental Protection Agency, Companies' Creditors Arrangement Act 1933 (Canada), Supreme Court of Canada, Quebec Superior Court, Quebec Court of Appeal
Authors:
Mandy L. Seidenberg
Location:
Canada
Firm:
WeirFoulds LLP