Laurentian University of Sudbury (Re)
Leave to appeal was refused because Thorneloe's proposed appeal was not prima facie meritorious given the supervising judge’s factual findings and discretionary balancing under s.32(4); the Monitor approved the disclaimers, the judge found the disclaimers necessary to a viable restructuring and that refusing them risked Laurentian’s collapse, and granting leave would unduly hinder time‑sensitive restructuring efforts.
Source excerpt
- Disclaimer under s.32 ccaa
- Dip financing and conditions
- Good faith obligations s.18.6 ccaa
- Monitor approval and role
- Leave to appeal under s.13 ccaa
- Judicial deference to supervising judge