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Anna Lund×
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OC-62485-1Explore policy considerations for legislation, examine the main kinds of proceedings (i.e. bankruptcy, Division I (commercial) Proposals, Division II (consumer) Proposals, Companies’ Creditors Arrangement Act, and receivership), and consider other key concepts such as exigible vs exempt property, secured vs unsecured debt, and priority vs pro rata distribution. This on-demand program was originally presented as an in-person program titled Bankruptcy and Insolvency on February 21, 2025. Total running time is 54 minutes.
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62377.03Structured as a “top 10 guide”, this paper supports legal professionals in understanding and navigating common issues which arise in formal insolvency proceedings. This paper is part of a collection presented at LESA’s Corporate/Commercial Refresher: Transactions and Litigation program in Lake Louise from May 2–5, 2024.
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62005.03Recent case law has considered the extent of insolvency legislation’s rehabilitative power. This paper examines the impact of recent decisions from the Supreme Court of Canada, suggesting that an individual found guilty of professional misconduct can likely avoid fines and costs imposed by a professional regulatory body by making use of insolvency proceedings. Key cases are outlined in the author’s analysis: 407 ETR Concession Co v Canada (Superintendent of Bankruptcy), 2015 SCC 52; Alberta (Attorney General) v Moloney, 2015 SCC 51; KPMG Inc v Alberta Dental Association, 2005 ABCA 101. Further, limitations imposed by the legal system on the degree to which insolvency can impede a professional regulator’s powers are discussed, with consideration given to internal mechanisms in insolvency law, as well as the constitutional division of powers. This paper is part of a collection presented at LESA’s 2015 The Constitution in the Insolvency Tool Box program.
