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  • Duel of the Forums – Court Declines Receivership Application in Favour of Existing Arbitration Process

Duel of the Forums – Court Declines Receivership Application in Favour of Existing Arbitration Process

Clint Slogrove and Angad Bedi of Blakes examine an Alberta Court of King’s Bench decision refusing to appoint receivers over related companies where disputed debt and security claims, an incomplete evidentiary record and an existing arbitration made receivership neither just nor convenient, confirming that Petrowest does not create a general preference for insolvency proceedings over arbitration.