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Essential Canadian insolvency news, trends and legal updates
- 31articles · 30d
- 6+ hour agolatest article
- Aug 18, 2026earliest in window
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- 162avg words
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News
1111 Clarkson Road Project Placed Into Receivership After Two-Year CCAA Fails
6+ hour, 19+ min ago (392+ words) Insolvency Insider September 13, 2026 Clarkson Road Developments GP Inc., Clarkson Road Holdings Inc. and 2813427 Ontario Inc. obtained CCAA protection in May 2024 after defaulting on a $20 million vendor take-back mortgage held by CS Capital Limited. Before filing, the developers had contacted more…...
Presale purchasers prevail in clash between REDMA rights and CCAA stay
1+ week, 4+ day ago (268+ words) Matilda Lici September 02, 2026 KingSett Mortgage Corporation v Lumina Eclipse Limited Partnership, 2026 BCSC 1598Can presale purchasers void their purchase agreements on the basis of material undisclosed facts? The applicants submitted that the Developer failed to immediately disclose, among other things: A $12 million…...
LaSalle College gets CCAA protection as $47 million Quebec dispute threatens fall term
2+ week, 9+ hour ago (85+ words) Dina Kovacevic August 30, 2026 In the meantime, related LCI entities have agreed, with lender consent, to provide LaSalle with up to $2.3 million of intercompany advances during the initial 3-week forecast period. Deloitte is the monitor, while Raymond Chabot is the financial…...
Manager, Transaction Readiness - CDIC (Ottawa / Toronto)
2+ week, 6+ day ago (59+ words) Insolvency Insider Canada Dina Kovacevic August 24, 2026 CDIC is looking for a Manager, Transaction Readiness to join its offices in Ottawa/Toronto. Applications will be reviewed on a rolling basis, with priority given to applications received by September 18, 2026. Essential Canadian insolvency…...