Setting the Precedent: 2025's Legal Landmarks and the Path Ahead

Natasha MacParland, Chanakya Sethi, and the team at Davies explain that a trio of 2024–2025 Supreme Court and appellate decisions have reshaped Canada’s insolvency landscape by adopting a pragmatic corporate attribution doctrine that strengthens creditor recoveries in fraud-driven insolvencies, endorsing multi-Crown class actions that may amplify government claims, and expanding interim remedies against sovereign-linked entities, with lasting implications for trustees, monitors, and creditors.

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