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    An employer is ordered to pay an outstanding assessment to the CSST relating to a trucking company that it had hired
    2012-10-19

    On September 6, 2012, the Commission des lésions professionnelles (the CLP) deliberated on the interpretation of article 316 of An Act Respecting Industrial Accidents and Occupational Diseases(the Act) which states that the Commission de la santé et de la sécurité du travail (the CSST) can require from an employer that retains the services of a contractor to pay the assessment due by said contractor.

    Filed under:
    Canada, Construction, Employment & Labor, Insolvency & Restructuring, Litigation, Stikeman Elliott LLP
    Location:
    Canada
    Firm:
    Stikeman Elliott LLP
    Can money paid into court be used to discharge other liens?
    2012-03-19

    When a contractor pays money into court to discharge a lien of a sub-contractor, can that money only be used to discharge that lien holder’s claim?  Or is it available to pay the liens of all eventual lien holders?  In Canadian Western Bank v.

    Filed under:
    Canada, Construction, Insolvency & Restructuring, Litigation, McCarthy Tétrault LLP, Subcontractor, Canada Revenue Agency
    Authors:
    Thomas G. Heintzman
    Location:
    Canada
    Firm:
    McCarthy Tétrault LLP
    Bank of Montreal v. Peri Formwork Systems Inc.
    2012-01-20

    In the recently released Judgment in Bank of Montreal v. Peri Formwork Systems Inc.1, the British Columbia Court of Appeal was called upon to decide whether a Monitor, under the Companies’ Creditors Arrangement Act (“CCAA”)2, or a Receiver, under the Builders Lien Act 3, could borrow monies to complete a development project in priority to claims of builder’s liens registered against the project.

    Filed under:
    Canada, British Columbia, Construction, Insolvency & Restructuring, Litigation, Borden Ladner Gervais LLP
    Authors:
    Edward J.T. Wang
    Location:
    Canada
    Firm:
    Borden Ladner Gervais LLP
    The Open for Business Act: Bill 68 – An act to promote Ontario as open for business by amending or repealing certain acts - enacted as: Chapter 16 of the Statutes of Ontario, 2010
    2011-05-19

    Bill 68 – An Act to promote Ontario as open for business by amending or repealing
    certain Acts (the “Open for Business Act”)1 received Royal Assent on October 25,
    2010. It is an omnibus Act which contains more than 100 amendments to existing
    legislation spread out across 10 ministries.

    Filed under:
    Canada, Ontario, Banking, Company & Commercial, Construction, Environment & Climate Change, Insolvency & Restructuring, Real Estate, Dentons, Constitutional amendment
    Location:
    Canada
    Firm:
    Dentons
    Review of the Jameson House restructuring
    2009-11-27

    Jameson House Properties Ltd. and Jameson House Ventures Ltd. (the Jameson Companies) were incorporated to develop a 37-storey mixed-use building in downtown Vancouver called Jameson House. By 2008, after many years of planning and development, the Jameson House project was well underway.

    Filed under:
    Canada, Construction, Insolvency & Restructuring, Litigation, Dentons, Bankruptcy, Legal personality, Debtor, Liquidation, Cashflow, Companies' Creditors Arrangement Act 1933 (Canada), Bankruptcy and Insolvency Act 1985 (Canada)
    Authors:
    John R. Sandrelli , David A. Goult , Robert G. Nikelski , Jordan Schultz
    Location:
    Canada
    Firm:
    Dentons
    CCAA court clarifies position of creditors with liens against third party’s property
    2008-07-31

    In Kerr Interior Systems Ltd., the Court of Queen’s Bench of Alberta discussed a number of issues which arose as a result of two creditors registering builders liens against a third party’s property in Saskatchewan.

    Filed under:
    Canada, Alberta, Construction, Insolvency & Restructuring, Litigation, Dentons, Debtor, Unsecured debt, Beneficiary, Debt, Voting, Secured creditor, Unsecured creditor, Companies' Creditors Arrangement Act 1933 (Canada)
    Location:
    Canada
    Firm:
    Dentons
    BGH-Urteil zur Anfechtungsfesten Ausgestaltung von Direktzahlungen in der Lieferkette
    2014-10-07

    Ausgangssituation

    Filed under:
    Germany, Construction, Insolvency & Restructuring, Litigation, Real Estate, Mayer Brown
    Authors:
    Dr. Marco Wilhelm , Katharina Heßel , Stefanie Skoruppa , Dr. Nicolas Rößler, LL.M.
    Location:
    Germany
    Firm:
    Mayer Brown
    破产法动态 — 香港法庭确认破产后排除权合同条款的有效性
    2019-07-17

    Hsin Chong Construction Company Limited [2019] 原诉法庭 1531 (判决日期2019年6月13日)

    合资企业协议通常会包含如下条款:在发生特定事件(包括违约方破产)时,赋予无过错方将违约方排除在合资企业之外的权利。本案中,法庭对该类条款是否无效进行了考虑。

    背景介绍

    2013年11月,Hsin Chong Construction Company Limited (以下简称“该公司”)与Build King Construction Limited (以下简称“Build King”)签订了一份合资企业协议(“合资企业协议”)并成立了一家非法人型合资企业(“合资企业”),目的是向香港一个政府建设项目(“该项目”)提交投标。该公司和Build King在合资企业中持有的权益分别为65%和35%。香港政府于2016年6月22日将该合同授予给了该合资企业。

    该公司于2017年陷入财务困境,并于2018年8月27日面临清盘的命运。

    2018年12月13日,Build King行使了其在合资协议下的权利,以该公司破产为由,将该公司从合资企业中排除(“排除条款”)。

    Filed under:
    Hong Kong, Banking, Construction, Insolvency & Restructuring, Litigation, Stephenson Harwood LLP
    Authors:
    Alexander Tang
    Location:
    Hong Kong
    Firm:
    Stephenson Harwood LLP
    Security for costs - a review of the applicable principles
    2017-09-12

    The case of Wing Hong Construction Limited v Hui Chi Yung and Ors [2017] HKEC 1173 provides an overview of the legal principles which apply to an application for security for costs, where the Plaintiff against whom security is sought is a company and the application is made under section 905 of the Companies Ordinance (Cap 622). This was an appeal against the decision of a Master who had dismissed the Defendant’s application for security for costs against the Plaintiff which was a private company in liquidation. The appeal was allowed and security for costs of HK$2 million ordered.

    Filed under:
    Hong Kong, Construction, Insolvency & Restructuring, Litigation, Deacons
    Authors:
    Joseph Chung
    Location:
    Hong Kong
    Firm:
    Deacons
    Important trends in claims exposures for professionals in Hong Kong
    2016-06-16

    The current litigation landscape for professionals in Hong Kong is relatively benign: but is this the lull before the storm? Accurate records are kept of all actions commenced in the Hong Kong High Court, which deals with claims of over HK$1 million. The graph above shows the number of claims begun by writ each year over the last 15 years. This data covers all claims, not just those against professionals, but gives an indication of the general litigation trends.

    Filed under:
    Hong Kong, Arbitration & ADR, Capital Markets, Company & Commercial, Construction, Insolvency & Restructuring, Insurance, Litigation, Clyde & Co LLP, Mediation
    Location:
    Hong Kong
    Firm:
    Clyde & Co LLP

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