Court approval of a sale process in receivership or Bankruptcy and Insolvency Act (“BIA”) proposal proceedings is generally a procedural order and objectors do not have an appeal as of right; they must seek leave and meet a high test in order obtain it. However, in Peakhill Capital Inc. v.
On January 25, 2017, the British Columbia Supreme Court rendered its decision in Tudor Sales Ltd. (Re), 2017 BCSC 119.
Canada, British Columbia, Insolvency & Restructuring, Litigation, McCarthy Tétrault LLP, Bankruptcy, Shareholder, Debt, Unsecured creditor, Bankruptcy and Insolvency Act 1985 (Canada), British Columbia Supreme Court