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restructuring

By McCarthy Tétrault LLP | 5 Minutes Read April 3, 2020

COVID-19 : Available solutions to the challenges resulting from the current crisis and the different restructuring alternatives at your disposal

Never before in history have businesses of all sizes and of all or almost all industries faced a crisis resulting from a simultaneous decline of supply and demand. The resulting liquidity crisis is creating pervasive insecurity among the managers of businesses and the stakeholders of those businesses, including their employees, shareholders, customers, suppliers, creditors and the communities in which the businesses operate.

Article by McCarthy Tétrault LLP / Business, Finance and Accounting / Bankruptcy and Insolvency Act, Companies’ Creditors Arrangement Act, insolvency laws, restructuring

By McCarthy Tétrault LLP | 3 Minutes Read November 1, 2019

Alberta Court of Appeal confirms super-priority status of restructuring charges

There were conflicting decisions from Nova Scotia (Rosedale) and Alberta (Canada North) on whether it was possible for CCAA and BIA created super-priority claims to rank senior to the Crown’s deemed trust claims under the fiscal statutes.

Article by McCarthy Tétrault LLP / Business, Finance and Accounting, Payroll / Bankruptcy and Insolvency Act, Canada Pension Plan Act, Companies’ Creditors Arrangement Act, Employment Insurance Act, Income Tax Act, restructuring, restructuring legislation

By Adam Gorley | 2 Minutes Read July 21, 2014

The future of insolvency

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.

Article by Adam Gorley / Business, Finance and Accounting / assets, bankruptcy, Bankruptcy and Insolvency Act, Canada Business Corporations Act, CCAA prodeedings, commercial insolvency, Companies’ Creditors Arrangement Act, competing interests, copyright, Industry Canada, Insolvency, insolvency legislation, IP rights, patented items, restructuring, transparency

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