Fasken’s 2025 Insolvency Insights

Firm News — Week of February 16, 2026

Eddie Bauer's Chapter 11 recognized in Canada

Ontario Court grants CCAA recognition and Canadian stay in cross-border restructuring involving proposed store closures

Court allows junior creditor to marshal debt

What is the test for marshalling debt?

FÜM parent companies seek cross-border protection

Halo Exploration placed into receivership

LJM Development (Hamilton) seeks CCAA protection to complete condo project

Labatt Village Development Lands placed into receivership

Hudson & Company appointed to market Red Deer commercial building amid layered mortgages and construction liens

Firm News — Week of February 9, 2026

How the Restructuring of CMHA Vancouver–Fraser Preserved Essential Care

A public-interest restructuring that prioritized continuity of service, housing stability, and community impact

Reframing Ponzi Scheme Recoveries in Canadian Insolvencies

How a court-approved, single-proceeding strategy reshaped investor clawbacks and advanced insolvency practice