In a recent decision[1], the British Columbia Supreme Court (the “Court”) determined that purported secured loans made by a shareholder were properly characterized as equity contributions to the subject company and therefore subordinate to the claims of the company’s creditors.

The recent decision of the Ontario Court of Appeal in Crate Marine Sales ¹serves as a reminder regarding the trigger for the obligation of a court appointed receiver to pay occupation rent.

The recent decision of the Ontario Court of Appeal in Crate Marine Sales ¹serves as a reminder regarding the trigger for the obligation of a court appointed receiver to pay occupation rent.