Grewal (Re), 2022 ABQB 553

What is the test for the assignment of a claim under s. 38 of the BIA? In May 2016, Grewal made an assignment into bankruptcy. Over three years later, a group of his creditors—whose aggregate unsecured debt totaled almost $5 million—requested that the Trustee in…

Poonian v. British Columbia (Securities Commission), 2022 BCCA 274

Is a securities commission fine discharged in bankruptcy? The British Columbia Securities Commission found that the Poonians had breached s. 57(a) of the British Columbia Securities Act by manipulating the share price of OSE Corp., an Ontario company whose shares traded on the TSXV, and selling overpriced…