Tag Archives: Companies’ Creditors Arrangement Act

The Non-Polluter Pays: Creditor Roulette and Director Liability

Posted on December 4, 2013 by manningenvironmentallaw

In our post dated December 7, 2012, Provincial Clean-up Orders Can be Stayed and Compromised in  Canadian Insolvencies, we discussed the decision of the Supreme Court of Canada in Newfoundland and Labrador v. AbitibiBowater Inc. (Abitibi). That case decided that provincial environmental clean-up orders … Continue reading →

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December 7, 2012 – Provincial Clean-up Orders Can be Stayed and Compromised in Canadian Insolvencies

Posted on December 9, 2012 by manningenvironmentallaw

In its decision released on Friday December 7 , 2012, the Supreme Court of Canada held that provincial environmental clean-up orders may be “claims” that can be  stayed and compromised under the federal Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36 (“CCAA”). In Newfoundland … Continue reading →

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