Canadian Restructuring Strategy Gains Traction in US Courts

Natasha MacParland of Dentons and Natalie Levine of Cassels talk to Angélica Serrano-Román of Bloomberg Law about the growing use of Canadian reverse vesting orders in cross-border restructurings, noting that RVOs can preserve non-transferable licences, permits and tax attributes while shedding unwanted liabilities, and are increasingly gaining recognition from US courts under Chapter 15 despite remaining extraordinary relief in Canada.

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