Court Cases

The Supreme Court of British Columbia looks at whether an extension should be given even though the majority creditor says that they will not accept any proposal put in front of them.

The BC Court of Appeal has ruled that equitable principles cannot be used to avoid the priority scheme contained in the PPSA. Secured creditors can sleep a little easier.

A discussion on broad disclaimers contained in Court reports filed by receivers, trustees, monitors and other Court appointed officers and whether they should be allowed.