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Introduction

A few weeks ago, real estate practitioners, investors, speculators, lenders and aspiring homeowners were all surprised to learn that The One, a monster development at 1 Bloor St. West in Toronto, was being placed into receivership. The project undertaken by Sam Mizrahi and his company, Mizrahi Inc., is slated to be an 85-storey mixed-use residential tower in the heart of the city, comprising retail stores, a restaurant, a hotel and luxury residential suites. It would be an iconic addition to Toronto’s growing skyline…

A recent Canadian insolvency filing could provide insight into how U.S. courts will approach Chapter 15 applications from foreign cannabis-related entities.

Nuo Ji, Lingqi Wang, Jessica Li and Sylvia Zhang, Fangda Partners

This is an extract from the 2024 edition of GRR's The Asia-Pacific Restructuring Review. The whole publication is available here.

In summary

Hajime Ueno, Masaru Shibahara and Kotaro Fuji, Nishimura & Asahi

This is an extract from the 2024 edition of GRR's The Asia-Pacific Restructuring Review. The whole publication is available here.

This is an Insight article, written by a selected partner as part of GRR's co-published content. Read more on Insight

Heidi Chui, Stevenson, Wong & Co

This is an extract from the 2024 edition of GRR's The Asia-Pacific Restructuring Review. The whole publication is available here.

This is an Insight article, written by a selected partner as part of GRR's co-published content. Read more on Insight

In summary

Swee Siang Boey and Suchitra Kumar, RPC Premier Law

This is an extract from the 2024 edition of GRR's The Asia-Pacific Restructuring Review. The whole publication is available here.

This is an Insight article, written by a selected partner as part of GRR's co-published content. Read more on Insight

Matthew Czyzyk, Natalie Blanc and Toby Morris, Ropes & Gray

This is an extract from the 2023 edition of GRR's Europe, Middle East and Africa Restructuring Review. The whole publication is available here.

This is an Insight article, written by a selected partner as part of GRR's co-published content. Read more on Insight

There may be hope on the horizon for insolvent Canadian cannabis companies who wish to seek recognition proceedings south of the border.