Firm News — Week of July 20, 2026

Quebec Court of Appeal enforces SSENSE’s $10 million settlement

Does a debtor have an obligation to disclose its impending insolvency before entering into a settlement?

Associate Director, Mortgages, Portfolio Management Team - KingSett Capital

Arctic Canadian Diamond placed into receivership after Ekati sale process fails

PwC will oversee a five-week mine shutdown and environmental reclamation after the debtors received no qualified bids and lost access to the remaining $50 million of approved interim financing

King David property placed into receivership over $4.5 million mortgage debt

AlixPartners will market a 1.48-acre development parcel in Markham after a $5 million facility matured in 2024 and a year-long forbearance expired without repayment

Stewardship Ontario placed into Court-supervised liquidation after blue box transition

Grant Thornton will complete the wind-up, resolve remaining claims and distribute a $3.93 million reserve after the organization returned $29.5 million to stewards

Creditor-led CCAA filing targets bulk sale of 65 Vic Towns units

Findev Lending is funding the proceedings and plans a stalking horse credit bid for the Toronto townhouses, while keeping 3 senior mortgage lenders current under forbearance arrangements

999 Gold Depot obtains CCAA protection pending $31 Million CRA tax appeal

Ontario court continues precious-metals dealer’s NOI proceedings under the CCAA, grants an extended stay and approves charges after finding the tax reassessment is the central cause of its financial distress

Trophy Office Assets Standing Out In More Ways Than One: Report

Court of Appeal clarifies priority between building mortgagees and lien claimants

Managing Long-Tail Risk: Latent Defects, the Limitations of Warranties, and Protecting Against Insolvent and Bankrupt Counterparties

The D&O market has softened fast, but the risk is just harder to see in the price