• About
  • Offices
  • Careers
  • News
  • Students
  • Alumni
  • Payments
  • EN | FR
Background Image
Bennett Jones Logo
  • People
  • Expertise
  • Knowledge
  • Search
  • FR Menu
  • Search Mobile
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
View all
Practices
Corporate Litigation Regulatory Tax View all
Industries
Capital Projects Energy Funds & Finance Mining View all
Advisory
Crisis & Risk Management ESG Strategy and Solutions Governmental Affairs & Public Policy
View Client Work
International Experience
Insights News Events Subscribe
Quarterly M&A Insights Quarterly Fintech Insights New Energy Economy Series ESG & the CIO
Business Law Talks Podcast Economic Outlook Class Actions: Looking Forward
People
Practices
Industries
Advisory Services
Client Work
About
Offices
News
Careers
Insights
Law Students
Events
Search
Alumni
Payments
Subscribe

Stay informed on the latest business and legal insights and events.

LinkedIn LinkedIn Twitter Twitter Vimeo Vimeo
 

Sino-Forest: Resolving Intercreditor Disputes in the CCAA

August 2013

Written By Robert W. Staley, Derek J. Bell, and Amanda McLachlan

Almost ten years ago, Justice Farley commented in Stelco Inc. (Re.) that the Companies' Creditors Arrangement Act [CCAA] was styled as an “Act to facilitate compromises and arrangements between companies and their creditors,” and there was “no mention of this extending by statute to encompass a change of relationship among the creditors vis-à-vis the creditors themselves and not directly involving the company.” And for the most part, this conclusion of law is unassailable: the CCAA is designed not to be the panacea for all grievances but rather to facilitate a compromise of claims against an insolvent company. It would be unduly problematic to hold up a compromise of claims between a debtor and its creditors for a resolution of all disputes that might exist among creditors—the disputes that are unrelated to or do not affect the distribution from the debtor. Published in the August 2013 edition (Volume 25, Nos. 5 & 6) of Commercial Insolvency Reporter.

Key Contacts

  • Amanda C. McLachlan Amanda C. McLachlan, Partner
  • Robert W. Staley Robert W. Staley, Vice Chair and Partner

Class Actions: Looking Forward

Related Links

  • Insights
  • Media
  • Subscribe

Related Expertise

  • Restructuring & Insolvency

Recent Posts

Speaking Engagements

Skyscrapers and Bungalows—Overview of Construction and Real Estate Insolvencies

September 29, 2023
       

Announcements

Bennett Jones Recognized in Chambers Canada 2024

September 28, 2023
       

In The News

David Dodge Says The Federal Fiscal Bender Is Finished

September 28, 2023
       

In The News

Former Central Bank Governor Warns Canada Faces More Austere Future

September 28, 2023
       

Speaking Engagements

Anne McLellan on the Energy Transition and a Long-Term Economic Vision for Canada

September 28, 2023
       

Speaking Engagements

David Dodge: Canada Must Adapt To Rapid and Extensive Structural Changes

September 28, 2023
       

Announcements

Leah Tolton New Board Member of Alberta Business Family Institute

September 27, 2023
       

Announcements

52 Lawyers Recognized in Lexpert Special Edition: Energy 2023

September 25, 2023
       

In The News

Merging Into the Future of the Energy Transition

September 25, 2023
       
Bennett Jones Centennial Footer
Bennett Jones Centennial Footer
About
  • Leadership
  • Diversity
  • Community
  • Innovation
  • Security
  • History
Offices
  • Calgary
  • Edmonton
  • Montréal
  • Ottawa
  • Toronto
  • Vancouver
  • New York
Connect
  • Insights
  • News
  • Events
  • Careers
  • Students
  • Alumni
Subscribe

Stay informed on the latest business and legal insights and events.

LinkedIn LinkedIn Twitter Twitter Vimeo Vimeo
© Bennett Jones LLP 2023. All rights reserved.
  • Privacy Policy
  • Disclaimer
  • Terms of Use
Logo Bennett Jones