Environmental Waterproofing Inc. v. Huron Tract Holdings Inc.: The Intersection of Creditor Claims and Limitations Laws

In the case of Environmental Waterproofing Inc v. Huron Tract Holdings Inc., [2023] O.J. No. 157, the court was tasked with determining which creditor had priority over a garnishment of…

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The OBCA’s Director Liabilities: The Risks of Consenting to and Voting for Certain Resolutions

In Ontario, under the Ontario Business Corporations Act (OBCA), directors of a corporation have a legal responsibility to ensure that the corporation is financially stable before making certain transactions. This…

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The Conundrum of Cryptocurrency: How Canadian Law Classifies Digital Assets in Insolvency

The question of how cryptocurrencies are classified under Canadian bankruptcy law has again been brought to the forefront with the collapse of Bahamas-based cryptocurrency exchange FTX. Although FTX’s insolvency won’t…

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