• Posts by Bryan C. Gibbons
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    In his over 30 years of practice, Bryan has regularly advised banking and financial institution clients with respect to loan restructuring, insolvency, realization and recoveries. In this capacity, Bryan is particularly adept at ...

In the recent case of Canada v. Canada North Group Inc.,[1] a 5-4 majority of the Supreme Court of Canada confirmed that supervising courts under the Companies Creditors' Arrangement Act (the "CCAA") have the discretion to grant restructuring charges (“Priming Charges”) priority over statutory deemed trusts (“Deemed Trusts”) in favour of the Crown.

The ...

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