The Bixi Matter: the Postponement of an Equity Claim Based on a Secured Loan Declared Null

Alain Tardif, Gabriel Faure, Marc-Étienne Boucher and François Tremblay of McCarthy Tétrault summarize a case where the Québec Court of Appeal ruled that a trustee in bankruptcy had a duty to consider a proof of claim notwithstanding that the secured loan underlying the claim had been previously declared null by the courts.

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