In Chandos Construction Ltd v Deloitte Restructuring Inc[1] [Chandos], the majority of the Supreme Court of Canada (the “SCC”) reaffirmed the common law anti-deprivation rule in Canada.
Canada, Company & Commercial, Insolvency & Restructuring, Litigation, Miller Thomson LLP, Supreme Court of Canada
A recent decision of the Ontario Superior Court of Justice (Commercial List) (the “Court”) in the receivership proceedings of The Clover on Yonge Inc.[1] (the “Clover Project”) has addressed the question of whether a debtor in receivership can avoid a sales process by redeeming its outstanding debt.
Canada, Ontario, Insolvency & Restructuring, Litigation, Real Estate, Miller Thomson LLP, Ontario Superior Court of Justice
A recent decision in the Companies’ Creditors Arrangement Act (“CCAA”) proceedings of Bellatrix Exploration Ltd.[1] (“Bellatrix”) serves as a useful reminder to professionals that a
Canada, Company & Commercial, Corporate Finance/M&A, Insolvency & Restructuring, Miller Thomson LLP, National Bank of Canada