• Insolvency Insider Canada
  • Posts
  • What Are We Waiting For? A Cautionary Endorsement on Timing, Process, and Priority of Lien Claims Caught in an Insolvency

What Are We Waiting For? A Cautionary Endorsement on Timing, Process, and Priority of Lien Claims Caught in an Insolvency

Krista Chaytor, Fabiola Bassong and Hayden Trbizan of WeirFoulds summarize a recent Ontario endorsement on lien claims in receivership proceedings, confirming lien litigation need not sit frozen under an insolvency stay and warning that claimants who delay seeking timely relief risk losing protection under the two-year set-down rule.