The Red Flag

Generally speaking, the policy of the Bankruptcy and Insolvency Act (“BIA”) is not to interfere with secured creditors, leaving them free to realize upon their security. While this makes sense in the abstract, the question that...

Pension Claims Unravelled In assessing their potential recovery in the face of an insolvent debtor, creditors always need to be mindful of super-priority claims.  In past articles of the Red Flag, we have looked at super-priority...