Insolvency and Restructuring Insolvency and Restructuring

Québec Superior Court offers guidance on pre-packaged transactions in insolvency proceedings

The case establishes key criteria for determining when a prepack is appropriate in restructuring proceedings.

Restructuring the Canadian tobacco industry: a model for the future?

The restructuring of the Canadian tobacco industry represented a unique path to the resolution of multiple claims in relation to tobacco-related...

Simplifying the execution of notarized obligations: a new mechanism under Québec law

A recently introduced draft regulation marks significant changes to the current framework in Québec.

Supreme Court of Canada demonstrates flexibility of corporate attribution in the bankruptcy and insolvency context

The corporate attribution doctrine is refined to ensure that it does not undermine the policy of bankruptcy and insolvency legislation.

‘Deal with this escape hatch’ – B.C. Securities Commission calls for bankruptcy law reform following Supreme Court of Canada decision

The recent decision in Poonian v. British Columbia has prompted the B.C. Securities Commission to call for bankruptcy law reform.

Superior Court of Québec clarifies obligations of the AMP in an integrity review under the Act respecting contracting by public bodies

The AMP has no obligation to prescribe corrective measures prior to revoking an enterprise’s authorization to contract with public bodies.

Osler and Alvarez & Marsal: Real estate issues in an insolvency

Learn about issues likely to be encountered in an insolvency, with insights learned through experience from experts in Osler’s insolvency and...

Section 192 CBCA plans of arrangement – latest insights on virtual securityholder meetings and the solvency requirement

Plans of arrangement are an important, flexible tool for businesses to undertake various corporate transactions. We examine recent developments...

Employees affected: Superior Court of Québec clarifies the status of employee claims in CCAA proceedings

A recent judgment clarifies the scope of employee claims affected by a CCAA plan of arrangement.

Lessons learned: Alberta Court refuses to approve plan of arrangement

A recent decision by the Court of King’s Bench of Alberta provides important guidance about how courts scrutinize whether an arrangement is fair...