News & Analysis as of

Canada Restructuring Debtors

Blake, Cassels & Graydon LLP

Landing in a Safe Harbour: Five Takeaways From the Red Lobster Cross-Border Restructuring

In May 2024, Red Lobster Management LLC (RL Management) and fourteen of its affiliates (collectively, Red Lobster), including Red Lobster Canada Inc. (Red Lobster Canada), commenced proceedings in the United States Bankruptcy...more

Blake, Cassels & Graydon LLP

Centralization in Canadian Insolvency Proceedings

Commercial insolvency can affect stakeholders located in multiple jurisdictions and possessing diverse legal rights. A recent notable trend in Canadian insolvency law is the centralization in insolvency proceedings, where...more

Blake, Cassels & Graydon LLP

Sous la surface : explorer l’affaire Harte Gold et l’avenir des ordonnances de dévolution inversée

Le 22 avril 2022, la Cour supérieure de justice de l’Ontario (rôle commercial) (la « Cour ») a rendu sa décision dans l’affaire Harte Gold Corp. (Re) (l’« affaire Harte Gold »), laquelle donne des éclaircissements quant à...more

Blake, Cassels & Graydon LLP

Below the Surface: A Deeper Look at Harte Gold and the Future of Reverse Vesting Orders

In the April 2022 decision of Harte Gold Corp. (Re), the Ontario Superior Court of Justice [Commercial List] (the Court) provides guidance on the appropriate use of reverse vesting orders (RVOs) in insolvency proceedings and...more

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