Category Archives: Bankruptcy and Insolvency
The GM Saga So Far
PDF version: The GM Saga So Far The current financial crisis is arguably the largest corporate debacle and multi-market crash since the Great Depression. Its costs for corporations are substantial and many high profile companies have filed for bankruptcy protection … Continue reading
Extraordinary Times Justify Extraordinary Remedies: Interim Measures under the AIPN Standard Form Operating Agreement
Cases Considered: BG International Limited v. Canadian Superior Energy Inc., 2009 ABCA 127; BG International Limited v. Canadian Superior Energy Inc., 2009 ABCA 73 (Justice Carole Conrad, chambers) PDF Version: Extraordinary times justify extraordinary remedies: interim measures under the AIPN … Continue reading
Co-Ownership is a Messy Business (Even with an Operating Agreement)
Cases Considered: San Juan Resources Inc (Re) 2009 ABQB 55 (Registrar in Bankruptcy). PDF Version: Co-ownership is a messy business (even with an operating agreement) Co-ownership is a legal relationship for parties who are able to get along together. For those … Continue reading
Bankruptcy and Student Loan Debts: An Ongoing Problem
Cases Considered: Mainstreet Hair Salon 1992 Ltd. v. Schumaker, 2008 ABQB 363 PDF Version: Bankruptcy and Student Loan Debts: An Ongoing Problem Many individuals would be unable to undertake post-secondary education without assistance in the form of student loans for … Continue reading
Classifying Creditors under the Companies’ Creditors Arrangement Act
Cases Considered: Kerr Interior Systems Ltd. (Re), 2008 ABQB 286 PDF Version: Classifying Creditors under the Companies’ Creditors Arrangement Act In an application for an order to sanction a Plan of Arrangement (Plan), the Alberta Court of Queen’s Bench refused … Continue reading
