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Insolvency 2025 BCSC 2613

Re: 1527920 BC Ltd.

The court refused s. 11 CCAA relief to decide an IP assignment dispute after the restructuring had closed, finding the proposed summary process inappropriate.

  • Assignment validity
  • Jurisdiction under s.11 ccaa
  • Summary/expedited procedure
  • Restructuring (rvo)
  • Single proceeding model
  • Due diligence in insolvency
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Bankruptcy and insolvency 2025 BCSC 2291

Teal Jones Holdings Ltd. (Re)

In this CCAA proceeding, the court ordered Mercury Merchant LLC to post $75,000 security for costs, stayed its deposit application, and provided for automatic dismissal if security is not posted.

  • Security for costs
  • Forfeiture of deposit
  • Choice of law and forum selection clauses
  • Ccaa sales and distribution process
  • Guillotine dismissal orders
  • Security-for-costs
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Insolvency/ccaa 2025 BCSC 2492

Mercy Falls BC Inc. (Re)

Default judgment was granted after Mercy Falls LLC failed to respond, with damages summarily assessed at $4,736,455 and leave to seek further assessment later.

  • Default judgment
  • Summary assessment of damages
  • Mitigation of loss
  • Procedural modification under ccaa s.11
  • Pre- and post-judgment interest
  • Procedural orders
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Bankruptcy and insolvency 2025 BCCA 399

Mercury Merchant LLC v. Teal Jones Holdings Ltd.

La Cour d’appel de la Colombie-Britannique refuse l’autorisation d’appel contre une ordonnance d’approbation et de conversion, ainsi que contre une ordonnance de distribution liée à un dépôt.

  • Companies' creditors arrangement act (ccaa)
  • Approval and vesting order
  • Distribution order
  • Adjournment
  • Choice of law (delaware)
  • Deposit forfeiture
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Insolvency law 2025 BCCA 235

J.R. v. 23andMe Holding Co.

The Court of Appeal quashed an appeal because the challenged CCAA-related orders were made under the CCAA, so leave to appeal was required and had not been sought.

  • Recognition of foreign insolvency proceedings
  • Leave to appeal under ccaa s.13
  • Representation orders in class proceedings
  • Bar dates for proofs of claim
  • Comity and cooperation between courts
  • Ccaa
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Insolvency / bankruptcy 2025 BCSC 919

Teal-Jones Group (Re)

The court held that the CCAA stay applied to a customs bond issued for the Teal-Jones group and barred Intact from terminating the bond because of the insolvency proceedings.

  • Stay of proceedings
  • Customs bond
  • Surety bond
  • Continuation of services
  • Extension of credit
  • Contingent liability
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Human rights law 2025 CHRT 30

James v. Trentway-Wagar Inc.

The Tribunal dismissed Trentway-Wagar Inc.’s motion to stay or summarily dismiss a race discrimination inquiry, holding the complaint could proceed despite insolvency and prior CCAA proceedings.

  • Stay of proceedings
  • Ccaa
  • Bankruptcy and insolvency act
  • Jurisdiction of regulatory bodies
  • Abuse of process
  • Remedies enforcement
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Insolvency 2025 BCSC 958

ITMO Myra Falls Mine Ltd.

The court granted a CCAA stay extension, approved a second SISP and stalking horse agreement, and increased interim financing for Myra Falls Mine Ltd.

  • Stay extension
  • Interim financing (dip)
  • Sales and investment solicitation process (sisp)
  • Stalking horse agreement
  • Reverse vesting order
  • Priority of claims
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Insolvency and restructuring 2024 BCSC 2126

Good Natured Products Inc. (Re)

The court first refused approval of an RVO sale because it would unfairly defeat a secured success fee owed to the sales agent, then later approved an amended transaction.

  • Companies' creditors arrangement act (ccaa)
  • Reverse vesting orders (rvo)
  • Sale approval
  • Priority of charges
  • Interpretation of 'proceeds'
  • Court-ordered releases and exculpations
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Canada decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.