Ilia Kravtsov Ilia Kravtsov

A client may terminate a service agreement to further its own commercial interests, Superior Court of Québec rules

The decision reaffirms the discretionary nature of a client’s right to terminate a service contract.

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.

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.

No special treatment: Securities class action stayed by CCAA Court

No special treatment: CCAA Court extends  stay of proceedings despite an attempt by the applicants in a securities class action to limit its...

Court of Queen’s Bench of Alberta concurrently approves sales process and transaction proposed by stalking horse bidder

On March 30, 2022, the Court of Queen’s Bench of Alberta issued an order simultaneously approving a sales solicitation process and a transaction...

Supreme Court of Canada expands discretion of the Courts to allow pre-post compensation in ‘rare’ cases

Osler lawyers analyze a recent Supreme Court of Canada decision which provides courts with an additional tool to ensure fairness in the insolvency...

Québec Court of Appeal clarifies rules on guarantors’ liability for legal fees

The Québec Court of Appeal recently rendered a judgment authorizing a lender to recover its reasonable legal fees from a guarantor (or surety),...

Supreme Court of Canada denies leave to appeal and confirms Québec courts’ ability to appoint BIA receivers

The Supreme Court of Canada dismissed an application for leave to appeal the decision of the QCA in Séquestre de Media5 Corporation, 2020 QCCA 943,...