Apr. 30, 2021 - The Supreme Court of Canada (SCC) has denied leave to appeal in the proceedings of Nemaska Lithium Inc. and its subsidiaries (collectively, Nemaska) under the Companies’ Creditors Arrangement Act (CCAA). In November 2020, the Québec Court of Appeal (QCA) dismissed leave applications...
Two Davies Partners Selected as Restructuring Thought Leaders by Who’s Who Legal
Davies’ Financial Restructuring & Insolvency practice is widely recognized for its domestic and international practice. The team recently acted for Target Corporation in the winding down of Target Canada Co. and for Cadillac Fairview Corporation Limited and Rogers Communications Inc. in Sears Canada’s proceedings under the Companies’ Creditors Arrangement Act.
Published since 1996, Who’s Who Legal identifies the world’s foremost legal practitioners in business law on the basis of comprehensive, independent research. The inaugural WWL: Thought Leaders – Restructuring & Insolvency guide profiles practitioners from across the globe who, according to WWL, are considered “the apogee of the restructuring world.”
Mar. 23, 2021 - Last year, Citibank made what was likely the costliest bank error in history. To the astonishment of many observers, a U.S. federal court in New York, in a decision released on February 16, 2021, allowed the recipients of Citibank’s mistaken largesse to keep the money. The story has attracted...