What should a monitor do when a sale closing goes sideways?
A summary of recent Canadian insolvency-focused court decisions.
When will a shareholder loan be considered an equity investment?
Can a DIP financing order be varied years after court approval?
Can one debtor continue in a joint proposal if the other debtor files an assignment in bankruptcy?
Can a claims officer also act as an arbitrator in the same insolvency proceedings?
When will the Court dismiss an application to vary a consent order?
Can a trustee lay claim to insurance proceeds payable to a bankrupt?
Can the court exercise discretion when determining if a transaction is at undervalue?
Will a receiver's request to sell a property trump the debtor's request to pay out a mortgage?
Can costs be awarded personally against a trustee?