A Legal FAQ Regarding Laurentian University's CCAA Filing - Insolvency/Bankruptcy/Re-structuring
As widely reported, on February 1, 2021 Laurentian University obtained creditor protection under the Companies Creditors Arrangement Act (CCAA). This is an unprecedented occurrence amongst publicly funded Canadian universities and colleges, though in B.C., we have had recent experience with the insolvency of Quest University, a privately funded non-profit university. The materials related to Laurentians CCAA filing, including the Courts orders, can be found here: Restructuring Document Centre...
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Source: mondaq.com