Enhancing Security of Pensions in Insolvency Proceedings: Amendments to BIA and CCAA to Take Effect in November
On November 1, 2019, several amendments to the Bankruptcy and Insolvency Act (the BIA) and the Companies Creditors’ Arrangement Act (the CCAA) will take effect. Previously, our colleagues reported on […]
Multiple WeirFoulds lawyers to serve on OBA Law Section executives
WeirFoulds is pleased to announce that a number of our lawyers have been elected as Members-at-Large of the Ontario Bar Association’s Law Section executives for the 2019-2020 year. Faren Bogach, […]
“Just Friends” or Something More? Court Finds Shareholders in Closely-Held Corporation Were Dealing at Arm’s Length
In 1085372 Ontario Limited v. Kulawick, 2019 ONSC 2344, the Honourable Justice Penny dismissed an action to set aside a transaction under s. 96(1) of the Bankruptcy and Insolvency Act[1] […]
WeirFoulds welcomes Insolvency and Bankruptcy Partner Philip Cho
WeirFoulds is pleased to announce that Philip Cho has joined the firm as a partner focusing on Insolvency and Bankruptcy. Philip also has a complimentary practice in Security Enforcement and […]
Contempt and Bankruptcy: Striking the Right Balance
In its recent decision in Walchuk v Houghton, 2016 ONCA 643, the Court of Appeal for Ontario clarified the interaction between the stay provisions of the Bankruptcy and Insolvency Act (BIA) and motions for contempt of court orders.
WeirFoulds Represents Honeywell in the Acquisition of COM DEV International’s Space Hardware and Systems Business
On Thursday, February 4, 2016, Honeywell (NYSE:HON) completed the previously announced acquisition by plan of arrangement of COM DEV International Ltd. (TSX:CDV), a leading satellite and space components provider of switches and multiplexers.
A new test for boardroom liability; Ontario trying to force directors of bankrupt manufacturer to cover remediation costs at former factory
WeirFoulds partner, Paul Guy is quoted in this article. Please click here to read the article as it appears on The Globe and Mail website.
Case Law Update: In the Matter of the Bankruptcy of TNG Acquisition Inc. (successor estate of NexInnovations Inc., a bankrupt) of the City of Mississauga, in the Province of Ontario
Landlord and tenant Repudiation of Lease Companies’ Creditors Arrangement Act Proceedings
Case Law Update: Credifinance Securities Limited v DSLC Capital Corp
Trustee Constructive Trust Fraud Bankruptcy
Case Law Update: Century Services Inc. v. Canada (Attorney General)
Bankruptcy and Insolvency Companies’ Creditors Arrangement Act Priorities
Case Law Update: Her Majesty the Queen in Right of the Province of Newfoundland and Labrador v. Abitibibowater Inc., et al.
Bankruptcy and Insolvency Companies’ Creditors Arrangements Act Provincial Obligations
Partners David Wingfield and Paul Guy granted leave to appeal by the Supreme Court of Canada in landmark case
David Wingfield and Paul Guy of WeirFoulds LLP were successful in recently obtaining leave to appeal to the Supreme Court of Canada on behalf of Her Majesty the Queen in […]
Canada Revenue Agency Trumps Unsecured Creditors!
In a sleight-of-hand move dexterously played by the Canada Revenue Agency (“CRA”), it managed to secure advance collection of a disputed corporate income tax debt by obtaining an ex parte […]
Quiz: Corporate Insolvencies
The current economic environment has created a number of business casualties.
Tenant Bankruptcy and Beyond
In a recent interview with the Globe and Mail, Canada’s Commissioner of Competition, John Pecman, said that the Competition Bureau is planning to double the number of training workshops that it offers to public procurement officials on ways to prevent fraud. These workshops will help assist officials to identify the bid-rigging tactics that have become increasingly common in the infrastructure sector.