Key Amendments to the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act

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Key Amendments to the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act

Author(s):

MacFarlane, Alex, Stigler, Kate

Date: May 14 2009

This paper considers the amendments to the BIA and CCAA, and the effect, if any, that such amendments will have on insolvency practice in the following topic areas:

Contract Rejection
Asset Sales
DIP financing
Remedies
Restructuring with existing collective agreements
New receivership provisions
Treatment of equity claims, and
Protection of Professionals

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