Ken Rosenstein and Victor Cornea publish article on Enhanced Super-Priority for Farmers – Lenders Beware
Ken Rosenstein and Victor Cornea’s article on “Enhanced Super-Priority for Farmers – Lenders Beware” is published in LexisNexis’ National Insolvency Review: Lenders beware, Canada is one step closer to establishing a framework that will provide significant enhanced protections for suppliers […]
Enhanced superpriority for farmers – Lenders beware
Lenders beware, Canada is one step closer to establishing a framework that will provide significant enhanced protections for suppliers of perishable food items. Bill C-280, or the Financial Protection for Fresh Fruit and Vegetable Farmers Act (the “Act”), has passed […]
Bill C-228 and defined benefit pension plans
The Canadian Parliament has enacted significant changes to federal insolvency legislation, elevating the priority that must be provided to fund the deficit of a defined benefit pension plan when distributing debtor assets. Bill C-228, the Pension Protection Act (the “Act”), […]
A sigh of relief for agents in syndicated financings
Agents in syndicated loan transactions have received some much needed relief in respect of potential erroneous payments made by them to the lenders in their syndicate. Erroneous payments provisions became commonplace in many credit agreements in 2021 as a by-product […]
