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    SCC Grants Leave to Appeal Priority of CCAA Charges Over Federal Source Deduction Deemed Trusts
    2020-04-06

    On March 26, 2020, leave to appeal the decision of the Alberta Court of Appeal (the “Alberta CA”) in Canada v. Canada North Group Inc.1 (“Canada North Group”) was granted by the Supreme Court of Canada (the “SCC”).2 No reasons were given.

    Filed under:
    Canada, Insolvency & Restructuring, Litigation, Aird & Berlis LLP | Aird & McBurney LP, Royal Bank of Canada
    Authors:
    Sam Babe , Ian Aversa
    Location:
    Canada
    Firm:
    Aird & Berlis LLP | Aird & McBurney LP
    Court of Appeal summaries (March 2 - March 6, 2020)
    2020-03-07

    Good afternoon.

    Please find below our summaries of this past week’s civil decisions of the Court of Appeal for Ontario. Topics covered included insurance broker negligence, zoning (use) bylaw enforcement, the wrongful termination of a commercial lease and the automatic right of appeal of bankruptcy orders.

    Filed under:
    Canada, Ontario, Banking, Construction, Insolvency & Restructuring, Insurance, Litigation, Real Estate, Blaney McMurtry LLP, Bankruptcy, Royal Bank of Canada
    Authors:
    John Polyzogopoulos
    Location:
    Canada
    Firm:
    Blaney McMurtry LLP
    Ontario Court of Appeal Holds No Leave Required in Appeals of Bankruptcy Orders
    2020-03-13

    On March 6, 2020, the Ontario Court of Appeal (the “OCA”) released its decision in Royal Bank of Canada v. Bodanis (“Bodanis”),1 holding that two debtors, each having an estate exceeding $10,000 in value, had appeals of their bankruptcy orders as of right under section 193 of the Bankruptcy and Insolvency Act2(the “BIA”) and thus did not need to seek leave to appeal.

    Section 193 reads as follows:

    Filed under:
    Canada, Ontario, Insolvency & Restructuring, Litigation, Aird & Berlis LLP | Aird & McBurney LP, Bankruptcy, Royal Bank of Canada, Bankruptcy and Insolvency Act 1985 (Canada)
    Authors:
    Sam Babe
    Location:
    Canada
    Firm:
    Aird & Berlis LLP | Aird & McBurney LP
    Where the Restructuring Meets the Road: the Intersection Between Insolvency Proceedings and Construction Law
    2020-03-19

    The construction industry is one of many that may be strained as a result of the current COVID-19 global pandemic. And the insolvency of any party in the construction pyramid often impacts many of the other parties in the same structure. Consequently, prudence in the construction business calls for general awareness of key issues at the intersection of construction and insolvency law.

    Filed under:
    Canada, Ontario, Insolvency & Restructuring, Litigation, McMillan LLP, Coronavirus, Royal Bank of Canada
    Authors:
    Jeffrey Levine , Nicole Rozario
    Location:
    Canada
    Firm:
    McMillan LLP
    Court of Appeal Summaries (February 3 - February 7, 2020)
    2020-02-09

    Good afternoon.

    Following are this week’s summaries of the Court of Appeal for Ontario.

    In Thistle v Schumilias, an insurer refused to pay out on a life insurance policy on the basis that the insured had failed to disclose a pre-existing medical condition. The respondent commenced an action against the insurance company and during that litigation became aware of the potential professional negligence of the insurance agent who sold the policy.

    Filed under:
    Canada, Ontario, Family, Insolvency & Restructuring, Insurance, Litigation, Media & Entertainment, Personal Injury, Real Estate, Blaney McMurtry LLP, Royal Bank of Canada
    Authors:
    John Polyzogopoulos
    Location:
    Canada
    Firm:
    Blaney McMurtry LLP
    Key Developments in Canadian Insolvency Case Law in 2019
    2020-01-28

    In 2019, a number of judicial decisions were rendered across Canada, including by the Supreme Court of Canada (SCC), that will be of interest to commercial lenders and restructuring professionals. This article summarizes the core issues of importance in each of these cases.

    Filed under:
    Canada, Ontario, Insolvency & Restructuring, Litigation, Blake, Cassels & Graydon LLP, Royal Bank of Canada, Supreme Court of Canada
    Authors:
    Pamela L. J. Huff , Linc Rogers , Caitlin McIntyre
    Location:
    Canada
    Firm:
    Blake, Cassels & Graydon LLP
    Alberta Court of Appeal Confirms Soundair Test
    2019-11-20

    On November 14, 2019, the Alberta Court of Appeal (the “ABCA”) released its decision in PricewaterhouseCoopers Inc. v. 1905393 Alberta Ltd. (“1905393 Alberta”),1 dismissing an appeal of an approval and vesting order made in the context of a receivership proceeding.

    Filed under:
    Canada, Alberta, Insolvency & Restructuring, Litigation, Aird & Berlis LLP | Aird & McBurney LP, Royal Bank of Canada, Court of Appeal of Alberta
    Authors:
    Sam Babe
    Location:
    Canada
    Firm:
    Aird & Berlis LLP | Aird & McBurney LP
    Implementation of the Federal Government’s Intellectual Property Strategy - Effects of Bankruptcy and Insolvency on IP Licenses
    2019-08-29

    The federal government’s budget implementation bill, Bill C-86[1], received Royal Assent on December 14, 2018. An aspect of the budget implementation bill is the amendment of various legislation, including the Patent Act, the Trademarks Act, as part of the government’s implementation of its intellectual property (“IP”) strategy.

    Filed under:
    Canada, Copyrights, Designs and trade secrets, Insolvency & Restructuring, Litigation, Patents, Trademarks, McCarthy Tétrault LLP, Royal Bank of Canada
    Authors:
    Vincent K.S. Yip , Benjamin Lai
    Location:
    Canada
    Firm:
    McCarthy Tétrault LLP
    Provincial Statutory Trusts in Insolvency Proceedings: The Guarantee Company of North America v. Royal Bank of Canada
    2019-02-14

    In the recent landmark decision of The Guarantee Company of North America v.

    Filed under:
    Canada, Ontario, Insolvency & Restructuring, Litigation, Borden Ladner Gervais LLP, Royal Bank of Canada, Bankruptcy and Insolvency Act 1985 (Canada), Supreme Court of Canada, Court of Appeal for Ontario
    Authors:
    Geneviève Fauteux
    Location:
    Canada
    Firm:
    Borden Ladner Gervais LLP
    Highlights of 2018 Canadian Restructuring Law
    2019-01-16

    While 2018 saw a slight decrease in nationwide CCAA filings (with 19 total cases commenced, compared to 23 in 2017), there were a number of important decisions rendered throughout the country. The highlights are summarized below:

    Supreme Court of Canada clarifies Crown priority for GST claims

    Filed under:
    Canada, Company & Commercial, Insolvency & Restructuring, Litigation, Tax, McCarthy Tétrault LLP, Royal Bank of Canada, Bankruptcy and Insolvency Act 1985 (Canada), Canada Business Corporations Act 1985, Supreme Court of Canada
    Authors:
    Walker W. MacLeod
    Location:
    Canada
    Firm:
    McCarthy Tétrault LLP

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