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UK Court Rules on Secured Creditors to An Administration Extensio

In Pindar case, United Kingdom UK court rules on secured creditors to an administration extension under s248 of the Insolvency Act 1986 to conclude administration ha ....

Insolvency Service , Insolvency Services , Companies House , Insolvency Act , Insolvency Rules ,

Supreme Court of Canada Dismisses Leave-on-Leave in Mantle Materials Group: The Priority of Environmental

In late May, the Supreme Court of Canada the SCC denied an application for leave to appeal a decision of the Court of Appeal of Alberta the ABCA, which, in turn, had denied leave to appeal of the decision of the Court of King s Bench of Alberta the ABKB in Re Mantle Materials Group, Ltd, 2023 ABKB 488 Mantle KB. The decision in Mantle KB held that the interests of secured creditors are subordinate to environmental obligations pursuant to the Environmental Protection and Enhancement Act EPEA, thus confirming that the priority of environmental obligations determined by the SCC in Orphan Well Association v Grant Thornton Ltd, 2019 SCC 5 Redwater applies beyond the oil and gas industry. ....

Keely Cameron , Justice Feasby , Kelsey Meyer , Sarah Aaron , Associationv Trident Exploration Corp , Manitok Energy Inc Re , Mantle Materials Group Ltd , Associationv Grant Thornton Ltd , Travelers Capital Corp , Alberta Energy Regulator , Settlement Lenders Incv Blicharz , Bennett Jones , Supreme Court , Re Mantle Materials Group Ltd , Trident Exploration Corp , Written By Kelsey Meyer , Denise Bright , Environmental Protection , Enhancement Act , Orphan Well Association , Grant Thornton Ltd , Materials Group , Environmental Protection Orders , Alberta Environment , Protected Areas , Reclamation Orders ,

Administration: What are the options for F&B manufacturers?

Nick Stockley, partner at Sussex-based solicitors firm Mayo Wynne Baxter, sheds light on the administration process and lays out the options facing food and drink firms in financial difficulty. ....

City Of , United Kingdom , Shakespeare Martineau , Food Manufacture , Insolvency Act , London Gazette ,

B.C. mortgage broker operated 'massive Ponzi scheme': Trustee

The trustee appointed to manage the bankruptcies of a Victoria mortgage company and its owner has concluded that they committed "numerous offences" and operated as a "massive Ponzi scheme." ....

United Arab Emirates , Greg Martel , Office Of The Superintendent Bankruptcy , My Mortgage Auction Corp , Bc Financial Services Authority , Bc Supreme Court , Victoria Police Department , Bc Securities Commission , Mortgage Auction , Down Mortgage , Insolvency Act , Services Authority ,