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Banking, Bankruptcy & Insolvency

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Friday, October 02, 2020 @ 4:21 PM

Common law anti-deprivation rule has not been extinguished in Canada: Supreme Court Malcolm Rowe

The Supreme Court has upheld an Alberta Court of Appeal decision on the enforcement of a bankruptcy clause in a commercial contract, finding a common law anti-deprivation rule still exists in Canada which renders void any contractual provisions that removes value due to creditors in the case of an insolvency. ... [read more]

Monday, September 21, 2020 @ 11:46 AM

New associate joins Minden Gross LLP’s financial services group

Minden Gross LLP announced that Stephen Skorbinski has joined the firm as an associate in the financial services group. ... [read more]

Wednesday, September 02, 2020 @ 12:05 PM

CIBC appoints new chief legal officer

Canadian Imperial Bank of Commerce (CIBC) president and CEO Victor Dodig announced on Sept. 1 that Kikelomo (Kike) Lawal has been appointed executive vice-president and chief legal officer, effective Oct. 12, 2020. ... [read more]

Monday, August 31, 2020 @ 3:18 PM

Banking regulator to end COVID-related measures on pension plan transfers, loan deferrals

Canada’s federal banking regulator has announced it is phasing out a number of measures it put into place in March to combat the economic effects of the COVID-19 pandemic. ... [read more]

Monday, August 31, 2020 @ 9:47 AM

Court clarifies appellate review of single-judge rulings on leave requests under bankruptcy act Joseph_Obagi

In a rare and complex ruling on a complicated case involving bankruptcy and insurance coverage, the Ontario Court of Appeal clarified the scope of one of its previous rulings on the court’s jurisdiction to review a decision of a single judge regarding requests for leave to appeal under the federal Bankruptcy and Insolvency Act (BIA). ... [read more]

Friday, August 28, 2020 @ 10:54 AM

New partner for Fogler Rubinoff LLP

Fogler Rubinoff LLP announced that Tim Duncan has joined the Toronto firm as a partner in its insolvency and restructuring group. ... [read more]

Tuesday, August 25, 2020 @ 11:14 AM

DLA Piper adds partner, associate to Vancouver office

DLA Piper (Canada) LLP announced that Colin Brousson has joined the firm as partner and Jeffrey Bradshaw as associate to its national restructuring group. Both lawyers formerly worked for Gowling WLG and join the Vancouver office. ‎‎ ... [read more]

Wednesday, August 12, 2020 @ 9:41 AM

York University investor clinic partners with industry regulator

The Investor Protection Clinic (IPC) at York University’s Osgoode Hall Law School — the first clinic of its kind in Canada — has entered into a partnership with the Investment Industry Regulatory Organization of Canada (IIROC) in a joint effort to meet a critical need in the community for free legal services for vulnerable, harmed retail investors. ... [read more]

Wednesday, August 05, 2020 @ 1:51 PM

Federal Court of Appeal decision has put more than $1B in tax revenue at risk, Ottawa says Steve Suarez, Borden Ladner Gervais LLP

The federal government wants the Supreme Court to look at a recent decision which it says “provides a roadmap” for Canadian financial institutions to avoid paying tax, but a legal expert is saying getting before the high court will likely be a steep hill to climb. ... [read more]

Wednesday, July 29, 2020 @ 11:18 AM

Stikeman Elliott adds lawyer to national restructuring and insolvency group

Stikeman Elliott announced that Karen Fellowes has joined the firm as the Western Canadian leader for its national restructuring and insolvency group.  ... [read more]