Banking, Bankruptcy & Insolvency
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May 08, 2025
Ontario court sets aside undervalued pre-bankruptcy property interest transfer
The Ontario Superior Court has voided a pre-bankruptcy property transfer between related parties as a “transfer at undervalue,” rejecting the recipient’s claim to a constructive trust over the transferor’s interest in the property.
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May 07, 2025
Alberta court confirms CCAA power to release directors from excise tax liability
Courts have authority under the Companies’ Creditors Arrangement Act (CCAA) to release corporate directors from personal liability for unpaid excise taxes, the Alberta Court of King’s Bench has held.
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May 07, 2025
Competition Bureau granted court orders for probe into takeover of Toronto nuclear medicine firm
The Competition Bureau announced on May 7 that it has received court orders to obtain information that would advance its investigation into BWX Technologies’ proposed acquisition of Kinectrics. The companies operate in nuclear sectors, including in nuclear medicine.
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May 07, 2025
Emily O’Donohue joins BLG
Emily O’Donohue has joined Borden Ladner Gervais LLP (BLG) as counsel in its corporate and capital markets group in Toronto.
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May 06, 2025
Appeal allowed in part over alleged privacy breach after emails seized in securities probe
The British Columbia Court of Appeal has allowed an appeal in part relating to solicitor-client privilege in a case concerning privacy factors and the alleged unconstitutionality of obtaining emails in connection with a securities investigation.
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May 05, 2025
Louis van Zyl joins DLP Piper’s Toronto office
DLA Piper (Canada) LLP has announced that Louis van Zyl has joined the firm as an associate in the finance group at its Toronto office.
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May 02, 2025
Partial leave to appeal allowed in case staying sale of Ontario and Texas properties
The Alberta Court of Appeal has partially allowed leave to appeal in a case regarding investors’ Companies’ Creditors Arrangement Act applications relating to three properties.
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May 02, 2025
Ontario AG says no plans for elected judiciary following statement by chief justices
Ontario Attorney General Doug Downey has stated the province has no plans to move to an elected judiciary after three chief justices issued a rare public statement in response to remarks by Premier Doug Ford questioning the independence of Ontario judges.
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April 30, 2025
Blair McRadu joins Dickinson Wright’s Toronto office
Dickinson Wright has announced that Blair McRadu has joined its Toronto office as of counsel.
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April 29, 2025
Manitoba regulation for prompt construction payments now in effect
Manitoba’s Public Service Delivery Minister Mintu Sandhu has announced that the province’s prompt payment regulation facilitating “timely flow of construction payments” came into effect earlier this month.