Fulltext Search
Fasken 2023 Insolvency Insights

Case Trends

Canada, Insolvency & Restructuring, Litigation, Fasken, Insolvency, Supreme Court of Canada
The need for a legal ground to stand on: a shareholders class action is dismissed at the authorization stage for failure to meet article 1003 b) C.p.c. (Groupe d’action d’investisseurs dans Biosyntech c. Tsang, 2015 QCCS 3265)

In the spring of 2010, BioSyntech, a start-up biotechnology company, developing a cartilage-repair product, BST-Car Gel, filed a Notice of Intention to make a proposal under the Bankruptcy and Insolvency Act. In the subsequent bankruptcy proceedings, the intellectual property relating to the BST-Car Gel was sold.

Canada, Insolvency & Restructuring, Litigation, McCarthy Tétrault LLP
September 18, 2009 – Canada’s insolvency reforms in force

In 2005, Parliament passed a comprehensive package of reforms to Canadian insolvency and restructuring laws. The purpose of these amendments was to provide additional protections for employees, codify existing case law and practice, bolster the proposal process and conform Canadian laws concerning cross-border insolvencies to international practice.

Canada, Insolvency & Restructuring, Fasken, Wage, Bankruptcy, Debtor, Debt, Liquidation, Annual leave, US Federal Government, Bankruptcy and Insolvency Act 1985 (Canada)