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    Results of summary dismissal in PwC claim against perpetual over Sequoia Transaction
    2019-08-21

    Background:

    Filed under:
    Canada, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Gowling WLG, PricewaterhouseCoopers
    Authors:
    Lorne Rollheiser , Jay Lalach , Adriana Da Silva Bellini
    Location:
    Canada
    Firm:
    Gowling WLG
    Restructuring tools to minimize the risk of successful constructive dismissal claims
    2019-08-13

    One of the biggest concerns for employers reorganizing in response to operational requirements is the potential for constructive dismissal claims by employees impacted by the changes.

    A recent Ontario Superior Court of Justice decision reminds us that a finding of constructive dismissal by a court, does not always result in an award of damages.

    Filed under:
    Canada, Employment & Labor, Insolvency & Restructuring, Gowling WLG
    Authors:
    Mark Josselyn
    Location:
    Canada
    Firm:
    Gowling WLG
    Immigration implications of corporate acquisitions, restructurings and changes
    2019-08-15

    Companies and human resource managers need to be aware of the potential immigration implications that corporate changes, acquisitions or restructurings may have on temporary foreign workers (TFWs) that they employ in Canada. The immigration and work permit implications must be assessed before changes occur.

    Filed under:
    Canada, Immigration, Insolvency & Restructuring, Gowling WLG, Due diligence
    Authors:
    Bill MacGregor
    Location:
    Canada
    Firm:
    Gowling WLG
    Clarity in Appeal Procedures Part II: The BIA Prevails - or Does It?
    2019-04-10

    In January, we wrote about a decision of Justice Watt of the Ontario Court of Appeal, which addressed the question of which appeal procedure must be followed in appeals of Orders made in proceedings constituted under both the Bankruptcy and Insolvency Act (the “BIA”) and the

    Filed under:
    Canada, Insolvency & Restructuring, Litigation, Aird & Berlis LLP | Aird & McBurney LP, Bankruptcy and Insolvency Act 1985 (Canada)
    Authors:
    Steven L. Graff , Miranda Spence , Kyle Plunkett
    Location:
    Canada
    Firm:
    Aird & Berlis LLP | Aird & McBurney LP
    Galantis v Alexiou: No Oppression after Dissolution
    2019-04-18

    In Galantis v Alexious, [2019] UKPC 15 the Privy Council concluded that the oppression remedy existing under the Bahamian Companies Act cannot be invoked after the dissolution of a company, with respect to oppressive conduct by directors that occurred before the dissolution of the company.

    Filed under:
    Canada, United Kingdom, Quebec, Company & Commercial, Insolvency & Restructuring, Litigation, McCarthy Tétrault LLP, Corporations Act 2001 (Australia)
    Authors:
    Richard Lizius
    Location:
    Canada, United Kingdom
    Firm:
    McCarthy Tétrault LLP
    (Not) So Long, Astoria: Only 10 Days to Appeal Orders in Receivership Proceedings
    2019-04-16

    In Business Development Bank of Canada v.

    Filed under:
    Canada, Ontario, Energy & Natural Resources, Insolvency & Restructuring, Litigation, McCarthy Tétrault LLP, Bankruptcy and Insolvency Act 1985 (Canada)
    Authors:
    Trevor A Courtis
    Location:
    Canada
    Firm:
    McCarthy Tétrault LLP
    What's in a name? Priority issues under postponement, subordination and intercreditor agreements
    2019-04-29

    Two priority issues arise between creditors of a common debtor:

    Filed under:
    Canada, Banking, Insolvency & Restructuring, Litigation, Gowling WLG
    Authors:
    Mike Todd
    Location:
    Canada
    Firm:
    Gowling WLG
    Alberta Court of Appeal Confirms Superpriority for Receiver’s Fees and Costs
    2019-03-29

    In the recent decision of Edmonton (City) v Alvarez & Marsal Canada Inc., 2019 ABCA 109, the Alberta Court of Appeal has concluded that fees and costs incurred by a court-appointed receiver should have priority over all claims by secured creditors, including special liens in favour of municipalities for unpaid property taxes. This is an important decision for the insolvency bar and provides some much needed comfort to receivers that their fees and costs will be protected by the court-ordered charge.

    The Decision

    Filed under:
    Canada, Alberta, Insolvency & Restructuring, Litigation, Borden Ladner Gervais LLP, Bankruptcy and Insolvency Act 1985 (Canada), Court of Appeal of Alberta
    Authors:
    Jack Maslen , Myles fish
    Location:
    Canada
    Firm:
    Borden Ladner Gervais LLP
    Blaney’s appeals: Ontario Court of Appeal Summaries (April 8 - 12, 2019)
    2019-04-12

    Good evening.

    Below are summaries of the civil decisions released by the Court of Appeal for Ontario this week.

    Filed under:
    Canada, USA, Ontario, Banking, Family, Insolvency & Restructuring, Litigation, Professional Negligence, Real Estate, Blaney McMurtry LLP, Freedom of information, Bankruptcy and Insolvency Act 1985 (Canada)
    Authors:
    John Polyzogopoulos
    Location:
    Canada, USA
    Firm:
    Blaney McMurtry LLP
    Bank allowed to allege fraud in second ‘Kick at the Can’
    2019-03-29

    When a plaintiff obtains a judgment from the court, that party is normally precluded from starting another lawsuit seeking the same judgment debt from the defendant.

    Filed under:
    Canada, Banking, Insolvency & Restructuring, Litigation, Baker McKenzie, Bankruptcy and Insolvency Act 1985 (Canada)
    Authors:
    Ben Sakamoto , Michael Nowina
    Location:
    Canada
    Firm:
    Baker McKenzie

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