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Supreme Court of Canada decision in Redwater: Early implications

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
Redwater revisited - should the buck stop here?

In this Update

  • on April 24, 2017, the Alberta Court of Appeal affirmed the Alberta Court of Queen’s Bench’s decision in Redwater Energy Corporation (Re), 2016 ABQB 278 (Redwater)
  • reasons for the Redwater decision
  • the issues in Redwater raise various important policy concerns regarding land owners, the public at large and the oil and gas industry
  • background and significant implications of Redwater

Introduction

Canada, Alberta, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Osler Hoskin & Harcourt LLP, Bankruptcy and Insolvency Act 1985 (Canada), Court of Appeal of Alberta
Implications of the Redwater decision - Where does the buck stop?

Introduction

Canada, Alberta, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Osler Hoskin & Harcourt LLP, Environmental remediation, Bankruptcy
Alberta Court confirms new rights for trustees of a bankrupt franchisee

Summary

Canada, Alberta, Franchising, Insolvency & Restructuring, Litigation, Osler Hoskin & Harcourt LLP, Bankruptcy, Retail, Unsecured debt, Collateral (finance), Consent, Concession (contract), Franchise agreement, Prejudice, Ford Motor Company, Bankruptcy and Insolvency Act 1985 (Canada), Trustee, Court of Appeal of Alberta