Financial Services & Restructuring Communiqué

A pen sits over top a budget sheet

July 28, 2020

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Redemption in a receivership

Asim Iqbal, Sam Massie, Kenneth R. Rosenstein

A recent decision of the Ontario Superior Court of Justice (Commercial List) (the “Court”)  in the receivership proceedings of The Clover on Yonge Inc.[1] (the “Clover Project”) has addressed the question of whether a debtor in receivership can avoid a...

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