Information About Restructuring Roundup
Recent Posts
Below is a preview of the five most recent posts from the blog Restructuring Roundup. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- From Recognition to Recovery: Appointment of Receiver for Centralized Asset Recovery Process in Cross-Border Insolvency Proceedings
In the foreign recognition proceedings of Mirror Trading International (Pty) Ltd (Re), 2026 ABKB 293, the Alberta Court of King Bench recently appointed a receiver to facilitate foreign liquidators running a claims process to recover funds from “net winnersâ€� of a Ponzi-type scheme located in sev … Read more »
- Court Confirms Jurisdiction to Grant Liability Shields for Court Officers for Distributions
In One Bloor West Toronto Group (The One) Inc. (Re), 2026 ONSC 1854 (“One Bloor Westâ€�) the Ontario Superior Court of Justice helpfully confirmed the jurisdictional basis for, and appropriateness of, relief shielding court officers from liability for making distributions to stakeholders, which ha … Read more »
- Federal Court Confirms it has No Jurisdiction in Bankruptcy Matters
In GCMR Contracting Inc v. MNP Ltd, 2026 FC 468, the Federal Court recently confirmed that it has no jurisdiction to hear appeals of decisions by trustees to approve or disallow claims, exclusive jurisdiction over those matters – and all bankruptcy matters with one narrow exception – rests with … Read more »
- Regulatory Exception to the Stay of Proceedings
The model Initial Order under the Companies’ Creditors Arrangement Act (the “CCAAâ€�), pursuant to section 11.02 of the CCAA, provides a stay of proceedings preventing any proceedings or enforcement processes to be commenced or continued against the applicant entity and staying and suspending an … Read more »
- Use of “Guillotine� Orders in CCAA Proceedings
In Teal Jones Holdings Ltd. (Re), 2025 BCSC 2291, the Supreme Court of British Columbia recently granted what appears to be the first “guillotineâ€� order issued in a Companies’ Creditors Arrangement Act (“CCAAâ€�) proceeding. The Court required a losing bidder in a sale process that challenge … Read more »