The very clearly written decision of Québec Superior Court Justice Stephen Hamilton in the Bloom Lake and Wabush Mines Companies’ Creditors Arrangement Act (CCAA) proceedings is certain to be the topic of current discussion in the Canadian insolvency and secured lending communities. See the September 11, 2017 decision.
Canada, Quebec, Employee Benefits & Pensions, Insolvency & Restructuring, Litigation, Davies Ward Phillips & Vineberg LLP, Bankruptcy and Insolvency Act 1985 (Canada)
On May 3, 2016, the Court of Appeal for Ontario released its decision (Leave Decision) denying leave to appeal from Justice Newbould's allocation of the proceeds of sale of the remains of the Nortel Networks group of companies (Allocation Decision).
The main points arising from the decision are as follows:
Canada, Ontario, Insolvency & Restructuring, Litigation, Davies Ward Phillips & Vineberg LLP, Court of Appeal of England & Wales, Court of Appeal for Ontario, California courts of appeal, Court of Appeal of Singapore