Following the Supreme Court of Canada decision in Sun Indalex Finance, LLC v. United Steelworkers,  1 S.C.R. 271 (Indalex), creditors and their advisors have been closely following jurisprudence which considers the scope of the decision.
Bankruptcy and Insolvency Act
Industry Canada sought public input on the state and future of Canada's insolvency legislation through early 2014. Interested parties can review the issues in the agency's discussion paper on the statutory review of the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act.