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    加拿大和英国矿业产业债权人保护 - (Canadian and U.K. creditor protection in the mining context)
    2015-07-02

    众所周知,采矿业面临着艰难的局面。在最近几年的市场繁荣时期,矿业公司承担了空前庞大的债务。目前,随着商品价格的下降和再融资来源的枯竭,这些巨额的债务令许多公司步履维艰,严重威胁着它们的生存。

    加拿大

    若无法与债权人商定业务解决方案,公司应该考虑向债权人寻求破产法项下的保护。在加拿大拥有资产或在加拿大经营业务且债务金额在五百万以上的公司可获得联邦《公司债权人安排法》(简称,“CCAA”)项下的保护。

    CCAA允许公司在重组公司事务时暂缓债权人追诉,同时根据某些条件维持对公司经营的控制。公司,特别是未达到五百万债务门槛的公司,还可以考虑联邦《破产法》项下的和解机制。在本文中,我们将讨论CCAA项下的程序。

    CCAA项下程序的第一步是获得法院命令,该命令将暂缓债权人在三十日的初始期限内行使其权利,从而允许公司制定重组方案。在获得首个暂缓命令前,公司无需通知债权人,尽管在许多情况下,建议公司通知其债权人。

    若公司能够证明其很有可能将提交重组方案,并且延期不会有损于债权人的整体利益,暂缓命令的期限还可以延长。下达暂缓命令时,法院还将任命独立第三方在命令生效期间,监控公司业务及财务事宜。监控人须向法院报告公司的业务行为,但并不管理或指导公司业务。

    Filed under:
    Canada, United Kingdom, Company & Commercial, Energy & Natural Resources, Insolvency & Restructuring, Gowling WLG, Debt
    Authors:
    Catherine Graham , Jonathan B. Ross , Sam Fenwick
    Location:
    Canada, United Kingdom
    Firm:
    Gowling WLG
    Doing Business in Canada: A Legal Overview
    2015-01-31

    DOING BUSINESS IN CANADA: A LEGAL OVERVIEW 1 INTRODUCTION 2 A SNAPSHOT OF CANADA 3 FOREIGN INVESTMENT IN CANADA 4 BUSINESS STRUCTURES 5 SECURITIES 6 REAL ESTATE 7 INCOME AND SALES TAXES 8 IMMIGRATION 9 LABOUR AND EMPLOYMENT 10 INTELLECTUAL PROPERTY 11 PRIVACY 11 CIVIL/COMMERCIAL LITIGATION 11 ALTERNATIVE DISPUTE RESOLUTION 12 INSOLVENCY AND RESTRUCTURING DOING BUSINESS IN CANADA: A LEGAL OVERVIEW TABLE OF CONTENTS © TORKIN MANES LLP 2012INTRODUCTION DOING BUSINESS IN CANADA: A LEGAL OVERVIEW 1 Canada has always been a great place for non-Canadians to do business.

    Filed under:
    Canada, Arbitration & ADR, Capital Markets, Company & Commercial, Corporate Finance/M&A, Employment & Labor, Immigration, Insolvency & Restructuring, Intellectual Property, IT & Data Protection, Litigation, Real Estate, Tax, Torkin Manes LLP
    Location:
    Canada
    Firm:
    Torkin Manes LLP
    Void ab initio: the dangers of insufficient disclosure
    2014-12-22

    While it is common practice in Canada to seek certain emergency orders on an ex parte basis (i.e. where only one party (and not the adversary) appears before a judge), applicants for such orders are held to a high standard of candour with the court.

    Filed under:
    Canada, Company & Commercial, Insolvency & Restructuring, Litigation, Cassels Brock & Blackwell LLP, Ex parte
    Authors:
    Natalie E. Levine , Monique Sassi
    Location:
    Canada
    Firm:
    Cassels Brock & Blackwell LLP
    Doing business in Canada
    2014-10-22

    doing business in Canada 2 | doing business in Canada Canada is one of the world’s premier locations for business investment. Boasting an exceptional wealth of natural resources, a sound financial system and world-class infrastructure, Canada is known for innovation in a wide range of sectors. And with generous research and development incentives, low corporate tax rates, and easy access to major U.S. markets, Canada is a top destination for foreign companies seeking a foothold in North America.

    Filed under:
    Canada, Banking, Capital Markets, Company & Commercial, Competition & Antitrust, Employment & Labor, Energy & Natural Resources, Environment & Climate Change, Franchising, Immigration, Insolvency & Restructuring, Intellectual Property, IT & Data Protection, Media & Entertainment, Product Regulation & Liability, Real Estate, Tax, Trade & Customs, Gowling WLG
    Location:
    Canada
    Firm:
    Gowling WLG
    Does the federal pension deemed trust outrank a perfected security interest in the context of CCAA proceedings? The Superior Court of Québec weighs in
    2014-04-03

    In the last few years, pension deemed trust issues have been a subject of debate before the courts.

    Filed under:
    Canada, Quebec, Company & Commercial, Insolvency & Restructuring, Litigation, Private Client & Offshore Services, Lavery Lawyers, Liquidation, Defined benefit pension plan
    Authors:
    François Parent , Josée Dumoulin , Jean-Yves Simard , Brittany Carson
    Location:
    Canada
    Firm:
    Lavery Lawyers
    B.C. Supreme Court opens the door wider to derivative actions by creditors
    2014-04-23

    Briere Sound Ltd. v. Briere, 2014 BCSC 417 (CanLII), decided March 17, 2014

    Filed under:
    Canada, British Columbia, Company & Commercial, Insolvency & Restructuring, Litigation, Stikeman Elliott LLP, Shareholder, Derivative suit
    Location:
    Canada
    Firm:
    Stikeman Elliott LLP
    The oppression remedy and fulfilment of directors’ duties
    2014-02-04

    In Susi v. Bourke, 2014 O.J. No. 11

    A Summary

    In Susi v. Bourke, [2014] OJ No 11, the Ontario Superior Court of Justice held that when all of the directors of a corporation fail to comply with their fiduciary duties, none of them can seek a remedy for oppression.

    Filed under:
    Canada, Ontario, Company & Commercial, Insolvency & Restructuring, Litigation, Borden Ladner Gervais LLP, Conflict of interest, Bankruptcy, Fiduciary
    Authors:
    Laura Paglia
    Location:
    Canada
    Firm:
    Borden Ladner Gervais LLP
    Doing business in Alberta 2013
    2013-11-30

    DOING BUSINESS IN ALBERTA
    November 2013
    © Davis LLP 2013 i
    TABLE OF CONTENTS
    A. INTRODUCTION .............................................................................................................................. 1
    B. GOVERNMENT AND LEGAL SYSTEM ......................................................................................... 1
    C. TYPES OF BUSINESS ORGANIZATION ....................................................................................... 2

    Filed under:
    Canada, Alberta, Company & Commercial, Competition & Antitrust, Corporate Finance/M&A, Employment & Labor, Energy & Natural Resources, Environment & Climate Change, Franchising, Immigration, Insolvency & Restructuring, Tax, DLA Piper
    Location:
    Canada
    Firm:
    DLA Piper
    Former directors and officers of bankrupt company reach $4.75 million settlement with the Ministry of Environment over cleanup orders
    2013-11-01

    On October 28, 2013, the Ontario Ministry of the Environment (MOE) announced that it had reached a settlement with the former directors and officers of Northstar Aerospace whereby those former directors and officers agreed to pay $4.75 million for costs associated with the remediation of contaminated lands owned by the now-bankrupt company. The Environmental Review Tribunal approved the Minutes of Settlement at the hearing held on October 28.

    Filed under:
    Canada, Ontario, Company & Commercial, Environment & Climate Change, Insolvency & Restructuring, Litigation, Osler Hoskin & Harcourt LLP, Public company, Bankruptcy
    Authors:
    Daniel Kirby , Edward A. Sellers , Andrew MacDougall , Jennifer Fairfax , Patrick G. Welsh
    Location:
    Canada
    Firm:
    Osler Hoskin & Harcourt LLP
    Court of Appeal accepts Ontario jurisdiction despite forum selection clause for Germany
    2013-06-14

    During the spring of 2012, the Canadian Appeals Monitor posted a five-part series on the Supreme Court’s judgments in Van Breda, Black, and

    Filed under:
    Canada, Ontario, Company & Commercial, Insolvency & Restructuring, Litigation, McCarthy Tétrault LLP, Breach of contract, Forum selection clause, Court of Appeal for Ontario
    Authors:
    Carole J. Piovesan
    Location:
    Canada
    Firm:
    McCarthy Tétrault LLP

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