Canadian Insolvency: Key Developments and Emerging Trends

Caitlin McIntyre, Linc Rogers, Milly Chow, Kelly Bourassa and Kyla Morreau of Blakes share that recent Canadian insolvency decisions are tightening scrutiny across key areas including forced contract assignments, reverse vesting orders, sale processes, creditor rights and director releases, with courts emphasizing evidence, fairness and value maximization while showing increased willingness to intervene in both debtor- and creditor-driven CCAA proceedings.