A curation of recent Canadian insolvency-focused articles.

A Comprehensive Analysis of Transfers at Undervalue under Section 96 of the BIA – Part 4

Michael Myers of Papazian Heisey Myers wonders why, in at least one recent decision, the Ontario Superior Court refused to even look at the Transfer at Undervalue provisions in the BIA and permitted a spouse to retain her share of a matrimonial home that was given to her for no consideration by a debtor less than one year before the debtor's petition into bankruptcy, stressing that Section 96 of the BIA does not differentiate between 'family assets' and 'non-family assets.'

Roll-up DIPs: The other “shoe” drops

Rachel Bengino of TGF explains why the Court recently refused to recognize in Canada the debtor-in-possession financing facility granted to Payless Shoes in its US Chapter 11 proceeding.

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