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Canadian Insolvency Law Amendments

On Sept. 18, 2009, the Canadian government enacted significant Amendments to Canada's Bankruptcy and Insolvency Act and Companies' Creditors Arrangement Act. This article focuses on certain of the Amendments to which equipment financiers should pay particular attention as they may impact how equipment financiers transact business.

23 minute read November 30, 2009 at 09:18 AM
By
Joseph J. Bellissimo And Johnathan Fleisher
Canadian Insolvency Law Amendments

On Sept. 18, 2009, the Canadian government enacted significant Amendments to Canada's Bankruptcy and Insolvency Act (“BIA”) and Companies' Creditors Arrangement Act (“CCAA”). This article focuses on certain of the Amendments to which equipment financiers should pay particular attention as they may impact how equipment financiers transact business.

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