The Role of the Monitor and Its Impact on U.S. Restructurings

Authors: Denis Ferland and Christian Lachance

These are the three most frequent questions that our colleagues outside Canada ask when they face a Canadian restructuring under the Companies’ Creditors Arrangement Act (CCAA): Who is this monitor? What is its role? Who does it represent?

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Canadian Government’s Proposed Extension of Time Limits Due to COVID-19

May 27, 2020 - As part of the federal government’s response to the COVID-19 pandemic, the Department of Finance recently published a draft legislative proposal, the Time Limits and Other Periods Act (COVID-19) (Proposal), that, if implemented, would provide for an automatic six-month suspension of...