Canada: Insolvency/Bankruptcy/Re-Structuring

Une fiducie de placement immobilier inscrite en bourse a réussi à restructurer environ 1 milliard de dollars de dettes en défaut en utilisant un plan d'arrangement en vertu de la LCSA, évitant ainsi une procédure formelle d'insolvabilité sous la LACC. Cette décision judiciaire démontre comment les outils du droit des sociétés peuvent servir d'alternatives efficaces aux procédures d'insolvabilité traditionnelles pour les sociétés ouvertes

The AI boom is creating unprecedented demand for GPUs, servers, power systems, cooling infrastructure, and other data center assets in Canada. As highlighted in the Equipment Lease & Finance Association’s (ELFA) recent article, as part of the data center “gold rush,” equipment finance has become a critical part of the capital stack supporting data center development, with lenders increasingly financing GPU-backed infrastructure and related technology assets. Canada’s cooler environment, expansive geography and access to abundant water and electricity in certain provinces, make the country a desirable location to build data centers.

A publicly listed REIT successfully restructured approximately $1 billion in defaulted debt through a CBCA plan of arrangement without filing for CCAA protection, demonstrating how corporate law mechanisms can serve as practical alternatives to formal insolvency proceedings. The Ontario Superior Court's decision in Re Ravelin Properties REIT also clarified that confidential restructuring negotiations do not necessarily trigger material change disclosure obligations for public companies.

Jordana Sanft was featured in IPIC's Community Spotlight, which celebrates the people who have shaped the Intellectual Property Institute of Canada over its 100-year history.

When garnishment isn't enough to recover a debt, initiating a land sale offers a powerful enforcement remedy. This guide walks through the detailed process of preparing for and executing a sheriff's sale of a debtor's property, from the mandatory waiting period to gathering essential documentation like parcel registers, mortgage statements, and certified appraisals.

The AI boom is creating unprecedented demand for GPUs, servers, power systems, cooling infrastructure, and other data center assets in Canada. As highlighted in the Equipment Lease & Finance Association’s (ELFA) recent article, as part of the data center “gold rush,” equipment finance has become a critical part of the capital stack supporting data center development, with lenders increasingly financing GPU-backed infrastructure and related technology assets. Canada’s cooler environment, expansive geography and access to abundant water and electricity in certain provinces, make the country a desirable location to build data centers.