Ward Western Holdings Corp. v. Brosseuk, 2022 BCCA 32

Can a receiver be appointed when the underlying debt is in dispute? The Appellant Ward Western acquired a placer gold mine located in British Columbia. The Appellant Westrike owned the permits and mining claims for the mine. Before June 2020, most of the shares of…

Mike Yarmo has joined Toronto-based Clariti Strategic Advisors as a Managing Director and Head of the firm’s Restructuring/Capital Structure Optimization practice. This business line supports clients looking to optimize their balance sheets and capital stack by pro-actively engaging in negotiated adjustments to their credit facilities and other instruments in order to preserve and enhance longer term business value. Mike was previously with Chicago-based Newpoint Advisors.

SanLing Energy Ltd. v. Liu, 2022 ABQB

What is the test for vacating a Mareva injunction/attachment order? The Plaintiff was an operator in the oil and gas industry, and held oil and gas assets in British Columbia and Alberta. Its monetary obligations to the British Columbia Oil and Gas Commission ("BCOGC") and…