Introduction
Canada, Alberta, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Osler Hoskin & Harcourt LLP, Bankruptcy and Insolvency Act 1985 (Canada), Supreme Court of Canada, Court of Appeal of Alberta
On March 22, 2010, the Superior Court of Quebec approved a plan of arrangement under the Canada Business Corporations Act (the CBCA) that allowed a corporation, MEGA Brands Inc., to achieve a worldwide restructuring of its business under a corporate statute, rather than a more typical insolvency and restructuring statute like the Companies Creditors’ Arrangement Act.
Canada, Quebec, Insolvency & Restructuring, Litigation, Osler Hoskin & Harcourt LLP, Shareholder, Security (finance), Swap (finance), Debt, Stakeholder (corporate), Convertible bonds, Secured loan, Title 11 of the US Code, Canada Business Corporations Act 1985, United States bankruptcy court, US District Court for District of Delaware, Quebec Superior Court