Case considered: Budget Waste Inc., Re, 2009 ABQB 752.
PDF version: Restructuring under the CCAA: Should A Debtor Always Be Allowed to Proceed?
LoVecchio J.’s decision in Budget Waste Inc., Re (“Budget Waste“) is a great example of the questions courts need to keep in mind as they are deciding on issues that arise in the context of restructuring proceedings under the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36 (“CCAA“).