COVID-19 M&A Lessons
USA, Company & Commercial, Corporate Finance/M&A, Environment & Climate Change, Insolvency & Restructuring, Litigation, Public, Hunton Andrews Kurth LLP, Bribery, Corporate governance, Private equity, Climate change, Supply chain, Sexual harassment, Due diligence, ESG, Coronavirus
The Supreme Court of Canada (SCC) has denied leave to appeal in the proceedings of Nemaska Lithium Inc. and its subsidiaries (collectively, Nemaska) under the Companies’ Creditors Arrangement Act (CCAA). In November 2020, the Québec Court of Appeal (QCA) dismissed leave applications from the decision of the Superior Court of Québec (SCQ). In this decision, the SCQ granted, for the first time after a contested hearing, a “reverse vesting order” (RVO).
Canada, Quebec, Insolvency & Restructuring, Litigation, Davies Ward Phillips & Vineberg LLP, Debt restructuring, Supreme Court of Canada