News & Events
Private Members’ Bills Seek to Amend Insolvency Legislation to Better Protect Pensioners and Employees
October 20, 2017
On October 17th, MP Marilène Gill of the Bloc Québécois introduced Bill C-372, a private member’s bill which would amend the Bankruptcy and Insolvency Act (BIA) and the Companies Creditors’ Arrangement Act (CCAA). The Bill would provide for priority status for claims in respect of underfunded pension plans as well as for claims arising as
Practice Area
Pension and Benefits
Co-op Atlantic CCAA highlights the need for Representative Counsel at an early stage
July 8, 2016
On June 25, 2015 Co-op Atlantic, a co-operative wholesaler operating across Atlantic Canada and Quebec obtained protection from its creditors under the CCAA. Ten months later, in April, 2016, Co-op’s pension plan members received a letter that no retiree ever wants to receive. An actuarial and consulting firm, which had been appointed by the New Brunswick
Practice Area
Pension and Benefits
