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Searching Content indexed under Insolvency/Bankruptcy by Stikeman Elliott LLP ordered by Published Date Descending.
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Royalty Holders Are Invested In The Land: Court In Dianor Resources Concludes Royalties Are An Interest In Land Not To Be Vested Out
In a pair of decisions[1], the Ontario Court of Appeal considered (i) whether a gross overriding royalty (GOR) is an interest in land and (ii) whether an interest in land can be extinguished by a vesting order
Canada
25 Jul 2019
2
Dianor Resources : Les titulaires de redevances ont un intérêt foncier dont ils ne doivent pas être dessaisis
Dans deux jugements, la Cour d'appel de l'Ontario a examiné (i) si une redevance dérogatoire brute (RDB) est un intérêt foncier et (ii) si un intérêt foncier peut être éteint par une ordonnance de devolution.
Canada
24 Jul 2019
3
Fin du débat : les fiducies présumées en matière de TPS-TVH sont jugées inopposables aux créanciers garantis pour la période postérieure à la faillite
Dans son arrêt du 8 novembre 2018, la Cour suprême du Canada a infirmé la décision de la Cour d'appel fédérale (Callidus Capital Corporation c. Canada, 2018 CSC 47).
Canada
7 Jan 2019
4
End Of Debate: GST/HST Deemed Trusts Ruled Ineffective Against Secured Creditors Post Bankruptcy
On November 8, 2018, the Supreme Court of Canada ("SCC") reversed the Federal Court of Appeal decision in Callidus Capital Corporation v. Canada, 2018 SCC 47.
Canada
4 Jan 2019
5
New To The Board? What D&O Insurance Can Do For You
In the third in our series of posts for new corporate directors, we look at how directors' and officers' (D&O) insurance can help to insulate you against personal legal liability.
Canada
20 Dec 2018
6
Droits de résiliation en situation de règlement de faillite : nouveau document d'orientation de la SADC
Le 1er mars 2018, la Société d'assurance-dépôts du Canada (la « SADC ») a publié la mise à jour de son document d'orientation intitulé Droits de résiliation de contrats financiers admissibles en situation de règlement de faillite.
Canada
16 Nov 2018
7
Canadian Bank Bail-In Amendments Affecting Netting Laws Passed And In Force
Bill C-15, including the proposed amendments to the Canada Deposit Insurance Corporation Act (CDIC Act) passed and received Royal Assent on June 22.
Canada
1 Jul 2016
8
The Kitco Metals Inc. Decision: How To Restrict The Tax Authorities' Recourse To Set-Off In The Context Of A Restructuring
On February 1, 2016, the Superior Court of Québec delivered its judgment in the important Kitco Metals Inc. case.
Canada
14 Mar 2016
9
Lenders Prevail Over Pensioners In Grant Forest Appeal
On August 7, 2015, the Ontario Court of Appeal (ONCA) released its decision in Grant Forest Products Inc. v. The Toronto-Dominion Bank.
Canada
18 Aug 2015
10
GST/QST - A Tax Debtor's Bankruptcy Or Arrangement Does Not Extinguish The Obligation To Obtain A Clearance Certificate From A Tax Authority
The Supreme Court of Canada dismissed a taxpayer's application for leave to appeal in the matter of Rita Congiu et autre c. Agence du revenu du Québec et autre.
Canada
10 Oct 2014
11
Thoughts On Finance Canada's Recently Issued Consultation Paper On Bail-In Capital
Last month, Canada’s Department of Finance published a consultation paper outlining a proposed taxpayer protection and bank recapitalization (bail-in) regime.
Canada
12 Sep 2014
12
Industry Canada Consulting On Treatment Of Derivatives In Canadian Insolvency Legislation
Derivatives market participants will want to pay close attention to Industry Canada’s recent discussion paper.
Canada
27 May 2014
13
B.C. Supreme Court Opens The Door Wider To Derivative Actions By Creditors
This was a first for British Columbia: a finding that a creditor was an "appropriate person" to conduct a derivative action.
Canada
1 May 2014
14
SCC Decision In Re Indalex Not Good News For Cash Collateral Arrangements
Swaps market participants accepting cash collateral from an entity subject to Ontario provincial pension benefits legislation will want to consider the implications of this decision on their priority.
Canada
14 Feb 2013
15
Additional Set-Off Rights Against Cash Collateral Accounts - Better Be Clear
I do love the food for thought these Lehman Brothers bankruptcy cases provide. While they often turn (as this one does) on specific provisions of U.S. bankruptcy or state law, they do remind us of the importance of stating very clearly what is or is not permitted, especially when it comes to set-off.
Canada
22 Feb 2011
16
New Bankruptcy Law Amendments May Impact Securitization
On September 18, 2009, a number of amendments to Canada's Bankruptcy and Insolvency Act (BIA) and Companies Creditors Arrangement Act (CCAA) came into force.
Canada
25 Nov 2009
17
New Bankruptcy Law Amendments Will Help IP Licensees
On September 18, 2009, many long-awaited amendments to Canada's “Bankruptcy and Insolvency Act (BIA)” and “Companies' Creditors Arrangement Act (CCAA)” came into force.
Canada
22 Oct 2009
18
Bankruptcy Risks For Intellectual Property Licensing In Canada
The recent economic turmoil has brought to the forefront concerns by licensees as to what happens to their rights to licensed intellectual property upon the bankruptcy of a licensor.
Canada
25 Feb 2009
19
Structured Finance Update
Recent developments in Canadian structured finance law.
Canada
17 Apr 2007
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