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Ontario Court Approves of Use of Reverse Vesting Transactions and Provides Guidance for Future Transactions

The Ontario Superior Court of Justice (Commercial List) (the “Court”) in Re Harte Gold Corp.,[1]issued its first published decision on the use of reverse vesting orders (“RVOs”) finding that the

Canada, Ontario, Company & Commercial, Insolvency & Restructuring, Stikeman Elliott LLP, Ontario Superior Court of Justice, British Columbia Supreme Court