Articles 2022

Today
Today

Planes, Leaves and Appeals: Appeals Under Section 193(c) of the Bankruptcy and Insolvency Act

  • July 19, 2016
  • Craig A. Mills, Miller Thomson LLP

Appeals in the insolvency arena, although procedurally governed by provincial rules of civil procedure, become a little more complicated when dealing with the appeal provisions contained in the BIA. That means that when appealing an order granted under the BIA, the first thing you need to figure out is whether you have an automatic right of appeal or if you need to seek leave to appeal.

Insolvency Law

$7.3 Billion For Everyone: Nortel Networks Corporation (Re) – Asset Allocation Trial

  • June 30, 2015
  • Jeffrey Levine, Stephen Eddy and Bettina Xue

In the recent highly publicized decision involving Nortel’s global insolvency, the Ontario Superior Court of Justice ordered a novel asset allocation scheme. This case demonstrates the tremendous flexibility of the Companies’ Creditors Arrangement Act (“CCAA”) and the discretion the CCAA provides to courts.

Insolvency Law