Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Report on Business

Streetwise

News and analysis on Bay Street and the world of finance
available exclusively to subscribers of Globe Unlimited

Entry archive:

Ontario Court of Appeal clarifies equitable subordination Add to ...

Subscribers Only

Has Ontario’s highest court closed the door on claims of equitable subordination in bankruptcy proceedings? That was one interpretation of a decision that dealt with the Companies’ Creditors Arrangement Act. The Court of Appeal’s decision regarding U.S. Steel Canada Inc. means that creditors won’t be able to litigate conduct-based allegations among themselves in CCAA proceedings, according to one Toronto lawyer.

Report Typo/Error

Follow us on Twitter: @GlobeBusiness

Also on The Globe and Mail

Canada to crack down on offshore tax evasion (BNN Video)

Next story

loading

Trending

loading

Most popular videos »

More from The Globe and Mail

Most popular