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
On April 20, 2016, the Canadian federal government introduced Bill C-15, which is legislation that provides for, among other things, a bank recapitalization or “bail-in” regime for domestic systemically important banks (“D-SIBs”).
BAIL-IN
Canada, Banking, Insolvency & Restructuring, McCarthy Tétrault LLP, Financial regulation, Bail, Bailout