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  2. Commercial insolvency in Canada - Wikipedia

    en.wikipedia.org/wiki/Commercial_insolvency_in...

    partners in a partnership may be placed into bankruptcy with that partnership, [24] but that can only occur where the partnership is located in one of the common-law jurisdictions; the Civil Code of Quebec defines partnership property as being a patrimony independent from its partners [25] [26] [27]

  3. Bankruptcy and Insolvency Act - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_and_Insolvency_Act

    The Bankruptcy and Insolvency Act (BIA; French: Loi sur la faillite et l'insolvabilité) is one of the statutes that regulates the law on bankruptcy and insolvency in Canada. It governs bankruptcies, consumer and commercial proposals, and receiverships in Canada.

  4. Insolvency law of Canada - Wikipedia

    en.wikipedia.org/wiki/Insolvency_law_of_canada

    The Parliament of Canada has exclusive jurisdiction to regulate matters relating to bankruptcy and insolvency, by virtue of Section 91(2) of the Constitution Act, 1867. It has passed the following statutes as a result: The Bankruptcy and Insolvency Act ("BIA") [1] The Companies' Creditors Arrangements Act ("CCAA") [2] The Farm Debt Mediation ...

  5. Canadian corporate law - Wikipedia

    en.wikipedia.org/wiki/Canadian_corporate_law

    The main directors' duties under Canadian corporate law is the duty of care, and then avoiding conflicts of interest, which include primarily of engaging in undisclosed self-dealing, taking unauthorized corporate opportunities, competing with the company, and being enriched in a takeover bid.

  6. Companies' Creditors Arrangement Act - Wikipedia

    en.wikipedia.org/wiki/Companies'_Creditors...

    In that case, the Court gave a detailed explanation of the nature of insolvency law in Canada. The Bankruptcy and Insolvency Act (BIA) provides a more rules-based approach for resolving a corporate debtor's insolvency, which must be observed strictly. The CCAA, on the other hand, provides a more discretionary approach that is remedial in nature ...

  7. Judge’s new book exposes secrets, deals of Detroit’s historic ...

    www.aol.com/judge-book-exposes-secrets-deals...

    Rosen's book is appearing a decade after Detroit's emergence from Chapter 9 bankruptcy, a saga that has already spawned books and a documentary. However, the judge offers many new details and ...

  8. List of defunct Canadian companies - Wikipedia

    en.wikipedia.org/wiki/List_of_defunct_Canadian...

    PetroKazakhstan – acquired by China National Petroleum Corporation; Polymer Corporation – sold to NOVA Corp and then Bayer AG; Radio Shack (Canadian division) – electronics store; Seagram – spirits and wine; Target Canada – closed because of a $2.1 billion loss for Target Corporation; Terra Transport

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