Financial Services & Insolvency Communiqué

Open book with eyeglasses folded on top; a pen sits over top a budget sheet

January 15, 2019

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Secured Lenders Beware! Saskatchewan is Proposing to Create a Superpriority for Employer Obligations to Pension Plans

David G. Gerecke, Q.C., Jordyn Allan

Will this proposal capture unfunded liabilities under defined benefit pension plans? As we summarized in a recent Financial Services & Insolvency Communiqué, Saskatchewan has introduced Bill 151 (the Bill) which amends The Personal Property Security Act, 1993 (Saskatchewan) (the PPSA...

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