- Insolvency Insider Canada
- Posts
- Resetting the Boundaries of the Redwater Umbrella: Alberta Court of Appeal Affirms Priority of Mortgages
Resetting the Boundaries of the Redwater Umbrella: Alberta Court of Appeal Affirms Priority of Mortgages
Robyn Gurofsky, Jessica Cameron and Anthony Mersich of Fasken reveal that the Alberta Court of Appeal has released its highly anticipated decision in the Qualex appeal, limiting the scope of Redwater and affirming that the “super-priority” described in that case does not extend to the environmental obligations of private litigants.