BC court ruling will spur use of reverse vesting orders in receiverships, says Karen Fellowes

Karen Fellowes of Stikeman Elliott says the British Columbia Court of Appeal’s decision in Peakhill Capital will entrench the use of RVOs in CCAA and BIA proceedings and receiverships, and may also create more of an incentive for banks and lenders to use receiverships as the preferred method of realizing upon a defaulted loan on a real estate asset, considering the potential tax advantage.

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