CCAA court modifies a Claims Procedure Order and allows a stay to be lifted for a proposed class action claim to be pursued after the claims-bar date

This article has been contributed to the blog by Edward Sellers and Joshua Hurwitz. Edward Sellers is a partner in the Insolvency & Restructuring group and Joshua Hurwitz is an associate in the Insolvency & Restructuring group at Osler, Hoskin & Harcourt.

Filed under:
Canada, Ontario, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP, Class action
Location:
Canada
Firm:
Weil Gotshal & Manges LLP
Court clarifies Secured Creditor’s rights to pursue chose in action

This article has been contributed to the blog by Dave Rosenblat and Mary Angela Rowe.

Filed under:
Canada, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP, Tax Court of Canada
Location:
Canada
Firm:
Weil Gotshal & Manges LLP
Walking a mile in the trustee’s shoes: how s. 38 of the BIA can allow creditors to revive dismissed claims

This article has been contributed to the blog by Patrick Riesterer and Mary Angela Rowe. Patrick Riesterer is an associate in the Insolvency and Restructuring group of Osler, Hoskin & Harcourt LLP and Mary Angela Rowe is an articling student at Osler, Hoskin & Harcourt LLP.

Filed under:
Canada, Ontario, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP
Location:
Canada
Firm:
Weil Gotshal & Manges LLP
You have a trust? Well, Iona secured interest: a summary of Iona Contractors Ltd. (Receiver of) v. Guarantee Co. of North America, 2014 ABQB 347

This article has been contributed to the blog by Caitlin Fell and Sean Stidwill. Caitlin Fell is an associate in the insolvency and restructuring group of Osler, Hoskin & Harcourt LLP and Sean Stidwill is a summer student at Osler, Hoskin & Harcourt LLP.

Filed under:
Canada, Alberta, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP, Bankruptcy and Insolvency Act 1985 (Canada)
Location:
Canada
Firm:
Weil Gotshal & Manges LLP
Canadian government initiates public consultation process on insolvency law reform

This article has been contributed to the blog by Edward Sellers and Patrick Riesterer.

Filed under:
Canada, USA, Insolvency & Restructuring, Weil Gotshal & Manges LLP, Public consultations, Bankruptcy and Insolvency Act 1985 (Canada)
Location:
Canada, USA
Firm:
Weil Gotshal & Manges LLP
Fee adjustments in Canada: Bank of Nova Scotia v Diemer and Re TNG Acquisition Inc.

This article has been contributed to the blog by Caitlin Fell and Justine Erickson. Caitlin Fell is an associate in the insolvency and restructuring group of Osler, Hoskin & Harcourt LLP and Justine Erickson is a summer student at Osler, Hoskin & Harcourt LLP.

Filed under:
Canada, Ontario, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP, Interest, Scotiabank
Location:
Canada
Firm:
Weil Gotshal & Manges LLP
Restructuring in Canada: the Companies’ Creditors Arrangement Act and the Canada Business Corporations Act

This article has been contributed to the blog by David Rosenblat and Justine Erickson.

Filed under:
Canada, USA, Insolvency & Restructuring, Weil Gotshal & Manges LLP, Debtor, Corporations Act 2001 (Australia), Canada Business Corporations Act 1985
Location:
Canada, USA
Firm:
Weil Gotshal & Manges LLP
Fairness opinions and plans of arrangement: a second look

This article has been contributed to the blog by David Rosenblat and Justine Erickson.

Filed under:
Canada, Ontario, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP
Location:
Canada
Firm:
Weil Gotshal & Manges LLP
Comment period closes for Canadian government public consultation process on insolvency law reform

This article has been contributed to the blog by Patrick Riesterer. Patrick Riesterer is an associate in the insolvency and restructuring group of Osler, Hoskin & Harcourt LLP.

NORTH OF THE BORDER UPDATE

Filed under:
Canada, Insolvency & Restructuring, Weil Gotshal & Manges LLP, Public consultations
Location:
Canada
Firm:
Weil Gotshal & Manges LLP
Comity for Croatia: S.D.N.Y. Decision in Agrokor Reinforces Respect for Foreign Rulings in Chapter 15

In Judge Glenn’s recent lengthy decision recognizing and enforcing a restructuring plan in the chapter 15 proceedings of In re Agrokor1, a Croatian company in Croatian insolvency proceedings, he highlighted that the concept of comity – respect for rulings in other countries – remains an important U.S.

Filed under:
Croatia, USA, Banking, Insolvency & Restructuring, Private Client & Offshore Services, Weil Gotshal & Manges LLP, Debt, Voting, Comity, US District Court for the Southern District of New York
Authors:
Ronit J. Berkovich
Location:
Croatia, USA
Firm:
Weil Gotshal & Manges LLP