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...
Natasha MacParland and Natalie Renner Introduce Feature Column in Rebuilding Success Magazine
Davies partners Natasha MacParland and Natalie Renner will be authoring a regular feature column in Rebuilding Success, the official magazine of the Canadian Association of Insolvency and Restructuring Professionals.
Launched in the magazine’s Fall/Winter 2018 edition, the column, “Trending Decisions: Cases We Are Following” provides a list of noteworthy restructuring, insolvency and priorities cases currently on appeal, a summary of significant questions and issues raised in each case, and the status of the appeal.
May 20, 2020 - In The Toronto-Dominion Bank v Queen (2020 FCA 80), the Federal Court of Appeal (FCA) confirmed a Federal Court (FC) decision and ruled that a secured creditor had a statutory obligation to pay the Canada Revenue Agency (CRA) for a tax debt of an arm’s-length borrower because the...