Burnet, Duckworth & Palmer LLP
On May 11, 2020, the Federal Government announced a support program for Canada's largest companies: the Large Employer Emergency Financing Facility (LEEFF).
Bluberi fabriquait, distribuait, installait et entretenait des appareils de jeux électroniques pour casino et offrait des services de gestion à cet égard.
Borden Ladner Gervais LLP
On April 29, 2020, the Competition Bureau (the Bureau) released a statement outlining how it reviews mergers involving apparently failing firms in Canada.
The Government of Alberta recently made certain technical amendments to the Oil and Gas Conservation Act(the "OGCA") and the Pipeline Act.
The COVID-19 pandemic has significantly impacted the ability of professionals, debtors and insolvency stakeholders to meet the timelines and requirements...
Brauti Thorning LLP
Restructuring & Insolvency Comparative Guide for the jurisdiction of Canada, check out our comparative guides section to compare across multiple countries
McCarthy Tétrault LLP
In challenging financial times, corporations need to evaluate all tools available to restructure their debt obligations to reduce financing costs.
Even with the many government subsidies and assistance programs, many franchised businesses, and perhaps even a few franchisors, will not be able to financially withstand the loss of revenue caused by the COVID-19 crisis and, ...
On May 8, 2020, the Supreme Court of Canada (the "SCC") released its reasons for the ruling rendered on January 23, 2020, which allowed the appeal by 9354-9186 Québec Inc. and 9354-9178 Québec Inc.
Strigberger Brown Armstrong LLP
There has been a lot of coverage, and a lot of ink spilled about the potential and actual business interruption claims that may be made by insureds arising out of the COVID-19 pandemic.
Miller Thomson LLP
The Corona Crisis leads worldwide to critical situations for companies.
La pandémie de COVID-19 comporte des défis uniques, tant pour les entreprises en général, que pour leurs administrateurs et leurs dirigeants à titre personnel.
Cox & Palmer
COVID-19's impacts on our lives now include massive intrusions into the arrangements between borrowers and lenders. Customers have disappeared. Revenues have disappeared. But financial obligations...
Blake, Cassels & Graydon LLP
On November 12, 2015, Bluberi obtained protection from its creditors under the CCAA.
Norton Rose Fulbright Canada LLP
On April 29, in a rare decision based on the "failing firm" rationale, the Competition Bureau announced it would not challenge the acquisition of Total Metal Recovery Inc. by American Iron & Metal Company Inc., ...
Littler - Canada
LEEFF is not intended to be used to resolve insolvencies or restructure firms, nor will it be provided to companies capable of managing through the crisis.
Norton Rose Fulbright Canada LLP
There is growing confusion about whether the appointment of a receiver under section 243 of the Bankruptcy and Insolvency Act can also be subject to the Civil Code of Quebec's (CCQ) prior notice rules.
Earlier this morning, the government announced two additional measures to support employers through the COVID-19 pandemic. The government's press release can be found here. First, the government introduced...
Despite government assistance to backstop some of these obligations, it may not be feasible for some tenants to continue.
The COVID-19 pandemic raises unique challenges not only for companies generally, but for their directors and officers personally. Corporate insolvency may be a looming and unexpected...