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Court cases

Court cases

CCAA stay cannot revive expired lease

Nov 4, 2026

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4 min read

CCAA stay cannot revive expired lease

Can a CCAA stay be used to extend an expired lease against a landlord's wishes?

Matilda Lici
Matilda Lici

Court cases

Company officers face $83 million in personal claims for bad borrowing certificates

Oct 28, 2026

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5 min read

Company officers face $83 million in personal claims for bad borrowing certificates

Can a bank sue executives personally for losses caused by inaccurate financial reporting?

Matilda Lici
Matilda Lici

Court cases

Independent CRO takes control of Baffinland sale process

Oct 21, 2026

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5 min read

Independent CRO takes control of Baffinland sale process

Who should have ultimate decision-making authority under a court-ordered sale and investment solicitation process?

Matilda Lici
Matilda Lici

Court cases

Unpaid contractor's trust claim fails to displace lender's security

Oct 14, 2026

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4 min read

Unpaid contractor's trust claim fails to displace lender's security

Can an unpaid contractor get ahead of a secured lender?

Matilda Lici
Matilda Lici

Court cases

CCAA court overreaches on D&O coverage

Oct 7, 2026

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5 min read

CCAA court overreaches on D&O coverage

Can a CCAA court use its broad discretion to decide an insurance coverage dispute involving directors and officers?

Matilda Lici
Matilda Lici

Court cases

Presale purchasers prevail in clash between REDMA rights and CCAA stay

Sep 2, 2026

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5 min read

Presale purchasers prevail in clash between REDMA rights and CCAA stay

Can presale purchasers void their purchase agreements on the basis of material undisclosed facts?

Matilda Lici
Matilda Lici

Court cases

Monitor need not investigate every claim, Ontario court rules

Aug 12, 2026

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4 min read

Monitor need not investigate every claim, Ontario court rules

How do you prove a proprietary claim in an insolvency proceeding?

Matilda Lici
Matilda Lici

Court cases

Quebec Court of Appeal enforces SSENSE’s $10 million settlement

Jul 22, 2026

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5 min read

Quebec Court of Appeal enforces SSENSE’s $10 million settlement

Does a debtor have an obligation to disclose its impending insolvency before entering into a settlement?

Matilda Lici
Matilda Lici

Court cases

Routine CCAA wind-up becomes costly legal battle

Jul 15, 2026

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5 min read

Routine CCAA wind-up becomes costly legal battle

Is it appropriate to redact accounts when seeking costs in an insolvency?

Matilda Lici
Matilda Lici

Court cases

Court rejects repairer’s $1.9M truck lien claim

Jul 8, 2026

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5 min read

Court rejects repairer’s $1.9M truck lien claim

What must a repairer prove to enforce a RSLA lien in a receivership?

Matilda Lici
Matilda Lici

Court cases

Secured creditor fails to carve out assets from SISP

Jul 2, 2026

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5 min read

Secured creditor fails to carve out assets from SISP

What assets should be included in a SISP?

Matilda Lici
Matilda Lici

Court cases

Allocating costs in a multi-property receivership

Jun 24, 2026

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5 min read

Allocating costs in a multi-property receivership

How are costs allocated in a multi-property real estate receivership with multiple secured creditors?

Matilda Lici
Matilda Lici

Court cases

Court weighs disclosure duties of distressed public companies

Jun 17, 2026

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6 min read

Court weighs disclosure duties of distressed public companies

What are the disclosure obligations on a distressed public company?

Matilda Lici
Matilda Lici

Court cases

Market loss claim disallowed in Traynor Ridge receivership

Jun 10, 2026

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5 min read

Market loss claim disallowed in Traynor Ridge receivership

Can pure economic loss support a claim in receivership?

Matilda Lici
Matilda Lici

Court cases

Retroactive tax credits not exempt from bankruptcy

Jun 3, 2026

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5 min read

Retroactive tax credits not exempt from bankruptcy

Are disability tax credits property of the bankrupt?

Matilda Lici
Matilda Lici

Court cases

Alberta Court of Appeal backs investor-led CCAA proceeding

May 27, 2026

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5 min read

Alberta Court of Appeal backs investor-led CCAA proceeding

Can equity investors commence CCAA proceedings?

Matilda Lici
Matilda Lici

Court cases

Alberta Court grants leave in novel investor-led CCAA case

May 20, 2026

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3 min read

Alberta Court grants leave in novel investor-led CCAA case

Can equity investors commence CCAA proceedings?

Matilda Lici
Matilda Lici

Court cases

Director faces indemnity claim despite CCAA release

May 13, 2026

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4 min read

Director faces indemnity claim despite CCAA release

Do CCAA releases extinguish a director's personal liability?

Matilda Lici
Matilda Lici

Court cases

Intercompany transfers: corporate reorganization or asset stripping?

May 6, 2026

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4 min read

Intercompany transfers: corporate reorganization or asset stripping?

When does moving money between related companies cross the line from corporate restructuring into a transfer at undervalue?

Matilda Lici
Matilda Lici

Court cases

Court rejects blanket accommodation request in Hudson’s Bay CCAA proceedings

Apr 29, 2026

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5 min read

Court rejects blanket accommodation request in Hudson’s Bay CCAA proceedings

To what extent is a court required to accommodate parties to a proceeding?

Matilda Lici
Matilda Lici

Court cases

Court tightens scrutiny of break fees in credit bid sale process

Apr 22, 2026

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4 min read

Court tightens scrutiny of break fees in credit bid sale process

What is the test for approval of a break fee where the offer is a credit bid?

Matilda Lici
Matilda Lici

Court cases

Buyer can’t terminate real estate deal over vesting order error

Apr 8, 2026

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10 min read

Buyer can’t terminate real estate deal over vesting order error

Does a drafting error in an approval and vesting order allow a purchaser to walk away from the transaction?

Matilda Lici
Matilda Lici

Court cases

Debtor seeks to discharge receiver with refinancing proposal

Apr 1, 2026

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10 min read

Debtor seeks to discharge receiver with refinancing proposal

Will the court discharge a receiver on the basis of a proposed refinancing?

Matilda Lici
Matilda Lici

Court cases

Third party stay rejected

Mar 25, 2026

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11 min read

Third party stay rejected

When should the CCAA stay be extended to affiliated or otherwise connected parties?

Matilda Lici
Matilda Lici

Court cases

Bondfield president appeals bankruptcy order as of right

Mar 18, 2026

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10 min read

Bondfield president appeals bankruptcy order as of right

Is a bankruptcy order appealable as of right?

Matilda Lici
Matilda Lici
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