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    Ontario Superior Court rules on priorities in insolvency proceedings of environmental orders for historical contamination
    2012-03-20

    The Ontario Superior Court of Justice (Commercial List) has confirmed that historical environmental remediation obligations will not automatically take priority over the claims of other creditors in an insolvency, even where those obligations are framed in the form of regulatory orders.

    Filed under:
    Canada, Ontario, Environment & Climate Change, Insolvency & Restructuring, Litigation, Norton Rose Fulbright, Ontario Superior Court of Justice
    Authors:
    Alan B. Merskey
    Location:
    Canada
    Firm:
    Norton Rose Fulbright Canada LLP

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