The Evolution of the Companies' Creditors Arrangement Act in Light of Recent Developments

Research output: Article


This article briefly highlights some recent developments arising out of the interpretation and application of the Companies' Creditors Arrangement Act (CCAA). It is not intended to be an exhaustive analysis of the caselaw; rather, it discusses several judgments rendered in the past year to illustrate important issues continuing to challenge CCAA proceedings, juxtaposing some of these issues with the history and development of the statute. Issues touched on in this article are paramountcy, debtor in possession financing, employment and pension claims, cross-border cooperation, transparency, director and officer liability, critical su0ppliers, and sale of assets during CCAA proceedings.
Original languageEnglish
Pages (from-to)211-235
JournalCanadian Business Law Journal
Publication statusPublished - 2011

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