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The Regulations Powering Change: Alberta’s Restructured Energy Market

On March 11, 2024, the Alberta Government released two Regulations: the Market Power Mitigation Regulation (MPM Regulation) and the Supply Cushion Regulation (the Supply Cushion Regulat

Canada, Alberta, Energy & Natural Resources, Insolvency & Restructuring, McCarthy Tétrault LLP
Powering Change: Alberta’s Restructured Energy Market (REM)

On March 11, 2024, the Minister of Affordability and Utilities (MUA)

Canada, Alberta, Energy & Natural Resources, Insolvency & Restructuring, McCarthy Tétrault LLP, Carbon neutrality
Life sciences collaborations - recent amendments to the BIA and the CCAA and the use of bankruptcy remote entities

Amendments to the Bankruptcy and Insolvency Act (BIA) and the Companies’ Creditors Arrangement Act (CCAA) have recently come into force that purportedly protect licensees of intellectual property (IP) if their licensors become insolvent or bankrupt. There are, however, a number of uncertainties surrounding the scope of protection afforded by these amendments. Until these uncertainties are resolved, licensees may wish to consider augmenting their statutory rights by contractual and other legal mechanisms. A Bankruptcy Remote Entity (BRE) is one potential mechanism.

Canada, Insolvency & Restructuring, Intellectual Property, McCarthy Tétrault LLP, Royalty payment, Bankruptcy, Debtor, Foreclosure, Biotechnology, Title 11 of the US Code, Companies' Creditors Arrangement Act 1933 (Canada), Bankruptcy and Insolvency Act 1985 (Canada)