Indalex Pension Decision Considered by Ontario Court of Appeal

Following the 2013 Supreme Court of Canada decision in Sun Indalex Finance, LLC v. United Steelworkers, creditors and their advisors have been closely following jurisprudence which considers the scope of the decision. In this Osler Update, Kevin Morley looks at the Ontario Court of Appeal’s much-anticipated decision in Grant Forest Products Inc. v. The Toronto-Dominion Bank, which represents a clear narrowing of some of the broader interpretations of Indalex. Read more