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Osler Update December 8, 2020

2020 Legal Year in Review – Introduction

Without a doubt, 2020 has been a year like no other. Inevitably, the COVID-19 pandemic and its effects is a theme that flows through many of the...

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Osler Update December 8, 2020

“Location, location, location” replaced by “COVID, COVID, COVID”

The fairly robust performance of the Canadian real estate market in 2019 continued into 2020 … and then the COVID-19 pandemic hit.

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Osler Update December 8, 2020

Notable developments in insolvency law: Flexible tools for challenging times

Along with a tense election south of the border, 2020 brought COVID-19 and its attendant devastating loss of life and far-ranging economic...

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Notable developments in insolvency law: Flexible tools for challenging times
Osler Update October 13, 2020

SCC confirms application of anti-deprivation rule

In Chandos Construction Ltd. v Deloitte Restructuring Inc., the SCC confirmed the application of the common law anti-deprivation rule in the context...

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SCC confirms application of anti-deprivation rule
Osler Update July 27, 2020

Québec Court of Appeal settles controversy regarding the appointment of national receivers under section 243 of the BIA

On July 20, 2020, the Court of Appeal of Québec released its reasons in Séquestre de Media5 Corporation, putting an end to a long-lasting debate on...

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Osler Update June 2, 2020

The Aquadis case: Québec Court of Appeal confirms the broad powers of the CCAA monitor

The QCA has released its decision in Aquadis, which brings the powers of a CCAA monitor closer to those of a trustee in bankruptcy and provides an...

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Osler Update May 12, 2020

Supreme Court of Canada releases reasons for its decision in Bluberi: Improper purpose and litigation funding in CCAA proceedings

On May 8, 2020, the Supreme Court of Canada released its written reasons in 9354-9186 Québec Inc. v. Callidus Capital Corp.

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Report April 1, 2020

Financial distress – The board’s role

Being on the board of a company requires being alert to the signs of potential financial issues and being ready to take prompt action. A 2020...

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Financial distress – The board’s role
Osler Update January 23, 2020

Dealing with financial distress

Faced with a ‘hopelessly optimistic’ management team, itʼs the boardʼs job to track risk, bolster liquidity and avert disaster

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Osler Update September 4, 2019

Deemed trusts and priming charges: The Alberta Court of Appeal affirms the priority of CCAA charges over Crown deemed trusts in Canada North Group

The majority of the Alberta Court of Appeal held in Canada v. Canada North Group Inc., 2019 ABCA 314 that priming charges granted in a CCCA Initial...

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Deemed trusts and priming charges: The Alberta Court of Appeal affirms the priority of CCAA charges over Crown deemed trusts in Canada North Group