Canada: Insolvency/Bankruptcy

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Insolvency law and bankruptcy law articles, thought leadership, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics surrounding financial restructuring, insolvency and bankruptcy.

Torys Insolvency Litigation: Key Developments And Takeaways For 2026

This past year or so has featured a diverse range of consequential insolvency disputes across industries, underscoring both the breadth of challenges facing Canadian businesses as well as the continued adaptability...

Canada Insolvency

TL

Torys LLP

Alberta Court Affirms Single-Proceeding Model: Royalty Arrears Claims Must Be Pursued First In Insolvency Proceedings

On January 26, 2026, the Court of King's Bench of Alberta (ABKB) held that the Alberta Department of Energy and Minerals (Alberta Energy) is required to first advance its claim for royalty arrears owed...

Canada Insolvency

BC

Blake, Cassels & Graydon LLP

Lessor Repossession During A Stay: Walgre Transport Inc. (Re)

On December 22, 2025, the Ontario Superior Court of Justice (Commercial List) released its reasons Walgre Transport Inc (Re), 2025 ONSC 7143 at paras 1–2 [Walgre] regarding TD Equipment Finance Canada's ("TDEF")...

Canada Insolvency

LL

Lerners LLP

Details Matter: Court Of Appeal Of Alberta Upholds Decision That Royalty Was Not An Interest In Land In Invico Diversified Income Limited Partnership v. Newgrange Energy Inc.

Structuring royalties as interests in land can provide significant protection in subsequent insolvency proceedings, but a recent decision from the Court of Appeal of Alberta underscores...

Canada Insolvency

TL

Torys LLP

Royalties Are Not Always King: Alberta Court Of Appeal Upholds Decision To Vest Off Gross Overriding Royalty

Canada Insolvency

F

Fasken

Setting The Precedent: 2025's Legal Landmarks And The Path Ahead

Canada Litigation

DW

Davies Ward Phillips & Vineberg

Chronique – Faillite et détournement : la Cour refuse de qualifier la dette comme non libérable dans Wild Rose Meats Inc v Andres

Canada Insolvency

SM

Stein Monast

L'Impact d'une ordonnance de dévolution inversée sur les enquêtes de L'Autorité des Marchés Financiers

Canada Commercial

SM

Stein Monast

Why Courts Take Bad Faith Seriously: Insights From The VK Group Decision

Canada Insolvency

MA

MLT Aikins LLP

Arbitrage ou recours aux tribunaux en cas d'insolvabilité?

Canada Litigation

MT

Miller Thomson LLP

Alberta Court Of Appeal Clarifies PPSA Priorities In Insolvency Sales

Canada Insolvency

BJ

Bennett Jones LLP

The Cautious Embrace Of RVOs: What Courts Now Expect

Canada Insolvency

WL

WeirFoulds LLP

Court Of Appeal Summaries (December 15 – 19, 2025)

Worldwide Litigation

BM

Blaney McMurtry LLP

Insolvency Litigation: Year In Review

Canada Insolvency

TL

Torys LLP

WeirFoulds Employment Law Hot Takes: "Hello 911, I'm Going To Be Late For Work!"

Canada Employment

WL

WeirFoulds LLP

How To Master The 24-Month Holding Period Requirement For QSBC Shares And Lifetime Capital Gains Exemption In Canada

RS

Rotfleisch & Samulovitch P.C.

Federal Budget 2025

MT

McCarthy Tétrault LLP

When Is Enough, Enough? HRTO's Guidance On Accommodation In Cillis v. Hamilton - Wentworth District School Board.

Canada Employment

PH

Piccolo Heath

Court Finds Employee Rightfully Dismissed After Publishing Social Media Post About His Employer

Canada Employment

C

Cassels

Insolvency 2025: Trends And Developments

Canada offers an array of options and tools that enable insolvent companies to restructure. Canadian insolvency legislation provides for flexibility, which fosters creativity and promotes...

Canada Insolvency

MT

Miller Thomson LLP

What Is A Fraudulent Conveyance? (Video)

Fraudulent conveyance occurs when someone transfers property or assets to another person to avoid paying debts.

Canada Insolvency

DS

Devry Smith Frank LLP

Guide To Insolvency In Canada 2025: Law And Practice

The Chambers Insolvency 2025 Guide covers nearly 30 jurisdictions and offers an up-to-date overview of key insolvency laws and procedures.

Canada Insolvency

GW

Gowling WLG

Lion Electric Tests The Limits Of Directors' And Officers' Releases Under The Companies' Creditors Arrangement Act

The collapse of The Lion Electric Company and its affiliates (Lion Electric) has attracted considerable attention as a sign of potential trouble in Québec's manufacturing and electric vehicle sectors.

Canada Insolvency

TL

Torys LLP

Beyond The Veil: Alberta Court Pierces Corporate Veil On The Basis Of Authorized Agency

Canada Insolvency

F

Fasken

Arbitration Or Insolvency Court? A Québec Ruling On Resolving Disputes In CCAA Proceedings

Canada Litigation

MT

Miller Thomson LLP

Restructuring The Canadian Tobacco Industry: A Model For The Future?

Canada Insolvency

OH

Osler, Hoskin & Harcourt LLP

What A Personal Guarantee Means For Ontario Business Owners (Video)

Canada Insolvency

DS

Devry Smith Frank LLP

Directors Beware: Alberta Court Of King's Bench Imposes Personal Liability For Improper Insider Payments

Canada Insolvency

TL

Torys LLP

Hudson's Bay Company: Debtor Can't Be Deprived Of A Right It Doesn't Have (Yet)

Canada Insolvency

ML

McMillan LLP

Suspension De Procédures Et Garanties : Un Tribunal De L'Alberta Confirme Le Devoir Public D'Un Organisme De Réglementation Dans L'Affaire AlphaBow

Canada Insolvency

FF

Fasken (French)

Court Of Appeal Summaries (November 24 – 28, 2025)

Canada Litigation

BM

Blaney McMurtry LLP

Retail Therapy Denied: Court Dismisses Motion To Assign Hudson's Bay Leases

Canada Real Estate

F

Fasken

Fin de la thérapie par le magasinage chez La Baie : requête en cession de baux rejetée par le tribunal

Canada Insolvency

FF

Fasken (French)

Suspension De Procédures Et Garanties : Un Tribunal De L'Alberta Confirme Le Devoir Public D'Un Organisme De Réglementation Dans L'Affaire AlphaBow

AlphaBow est une société fermée du secteur de l'énergie qui exerçait des activités de mise en valeur et de production de pétrole et de gaz naturel en Alberta. L'AER s'inquiète du manquement continu d'AlphaBow à ses obligations réglementaires depuis au moins 2019.

Canada Insolvency

FF

Fasken (French)

Court Of Appeal Summaries (November 24 – 28, 2025)

Following are our summaries of the civil decisions of the Court of Appeal for Ontario for the week of November 24, 2025.

Canada Litigation

BM

Blaney McMurtry LLP

Retail Therapy Denied: Court Dismisses Motion To Assign Hudson's Bay Leases

In the recent decision of In Re Hudson's Bay Company("HBC")[1], the Ontario Superior Court of Justice (the "Court") dismissed a motion by Hudson's Bay Company ("Hudson's Bay") to assign 25 of its department store leases to a new tenant.

Canada Real Estate

F

Fasken

Fin de la thérapie par le magasinage chez La Baie : requête en cession de baux rejetée par le tribunal

Dans la récente décision In Re Hudson's Bay Company[1] (« HBC »), la Cour supérieure de justice de l'Ontario (la « Cour ») a rejeté une requête de la Compagnie de la Baie d'Hudson...

Canada Insolvency

FF

Fasken (French)

Solvent Liquidations - Check: Are You Really Solvent?

GW

Gowling WLG

Ontario Commercial Court Declines The Hudson Bay's Proposed Sale And Forced Assignment Of Leases Under Subsection 11.3 Of The CCAA: Key Guidance For Landlords

As part of the ongoing Hudson's Bay Company ("HBC") insolvency proceedings under the Companies' Creditors Arrangement Act ("CCAA"), Blaney McMurtry LLP lawyers, John Wolf and Brendan Jones...

Canada Commercial

BM

Blaney McMurtry LLP

Difference Between Secured And Unsecured Debt (Video)

Toronto bankruptcy and insolvency lawyer Andrew Johnstone explains the key differences between secured and unsecured debt in Ontario and why those differences matter when it comes to repayment and recovery.

Canada Insolvency

DS

Devry Smith Frank LLP

How Priority Is Determined Between Interests Exempt From The PPSA

Priority disputes among creditors with an interest in the debtor's personal property are ordinarily determined by the various priority rules in the applicable Personal Property Security Act ("PPSA").

Canada Insurance

MT

McCarthy Tétrault LLP

Is Your Arbitration Agreement Enforceable In A Crisis? A Post-Petrowest Guide For Business Leaders

Recent cases show courts increasingly willing to stretch Petrowest, not only across provincial arbitration acts but even into proceedings under the Companies' Creditors Arrangement Act, RSC, 1985, c. C-36 (the "CCAA").

Canada Litigation

MT

Miller Thomson LLP

Consent To Judgment In Ontario Debt Matters Explained (Video)

Canada Insolvency

DS

Devry Smith Frank LLP

Court Of Appeal Summaries (October 27 – 31, 2025)

Canada Litigation

BM

Blaney McMurtry LLP

Going Once, Going Twice: Hotel Property Sold In A Rare Court-ordered Live Auction

Canada Real Estate

D

Dentons Canada LLP

OSB Issues New Guidance : What Licensed Insolvency Trustees Must Know About AI Tools

Canada Technology

BJ

Bennett Jones LLP

Blood From A Stone: Costs Awards Against Bankrupts Under The Bankruptcy And Insolvency Act

Canada Insolvency

CC

CLC (Canadian Litigation Counsel)

COMI Sense Prevails: U.S. Court Finds Canada As COMI In Iovate Case

Canada Insolvency

F

Fasken

Un tribunal américain reconnaît le Canada comme centre d'intérêts principaux dans l'affaire Iovate

Canada Insolvency

FF

Fasken (French)

Ontario Court Of Appeal Affirms Scope Of "Equity Claims" Under The Bankruptcy And Insolvency Act

Canada Insolvency

FR

Fogler, Rubinoff LLP

Trend Watch : Determining COMI In US Chapter 15 Proceedings

Canada Insolvency

BJ

Bennett Jones LLP

Lorsque la pyramide s'écroule : Recouvrement des fonds à la suite d'une combine à la Ponzi

Canada Insolvency

BC

Blake, Cassels & Graydon LLP

Sûreté Entre Sociétés Liées : La Cour Refuse D'accorder Priorité À Une Garantie Non Enregistrée Dans Atlantic Sea Cucumber Ltd. (Re),

Canada Commercial

SM

Stein Monast

What Is The Security Deposit Worth If A Commercial Tenant Goes Bankrupt?

Canada Real Estate

DG

De Grandpré Chait

When The Ponzi Music Stops: The Recovery Of Funds

Canada Insolvency

BC

Blake, Cassels & Graydon LLP

2025 Late Payments Reform: The Government Consults On Landmark Changes To B2B Payment Rules

Canada Real Estate

GW

Gowling WLG

Court Of Appeal Summaries (September 8 – 12, 2025)

Canada Litigation

BM

Blaney McMurtry LLP

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Latest Videos

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What Is A Fraudulent Conveyance? (Video)

DS

Devry Smith Frank LLP

Influencers In Toronto: Spotlight On Virginie Gauthier (Video)

GW

Gowling WLG

VIDÉO : Tendances En Insolvabilité Et Financement De Litiges

SE

Stikeman Elliott LLP

Commercial Real Estate: Navigating Opportunities And Challenges Ahead (Video)

TL

Torys LLP

Acquisitions By Means Of Restructuring & Insolvency Proceedings (Trending2014: An M&A Video Series)

C

Cassels

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