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and Jeremy Bornstein
have authored the article
"Amendments to the BIA and CCAA: Changes in Effect as of
November 1, 2019," published by Rebuilding Success
the official magazine for the Canadian Association of Insolvency
and Restructuring Professionals (CAIRP).
This article looks at upcoming changes to the Bankruptcy
and Insolvency Act (BIA) and the Companies' Creditors
Arrangement Act (CCAA), the reasons for these changes and a
summary of amendments, including:
- Updates to the Initial Stay under the CCAA
- Disclosure of Interested Persons' "Economic
Interest" in CCAA Proceedings
- Statutory Duty of Good Faith in BIA and CCAA Proceedings
- Broader "Look-Back" Provisions in BIA and CCAA
Excluding Registered Disability Savings Plans from Property of the
- Disclaimer of IP Licences
- Sale or Disposition of Assets with IP
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about your specific circumstances.
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