Regional news: Canada

US court approves Ann Taylor parent’s first-day motions

The parent company of women’s clothes retailer Ann Taylor has secured several first-day orders in its Chapter 11 proceedings in Virginia, with Kirkland & Ellis and Cooley advising.

30 July 2020

Stikeman Elliott hires IWIRC award-winner from DLA Piper

Stikeman Elliott has hired a Canadian silk from DLA Piper to join its Calgary and Vancouver branches as a regional leader of its restructuring practice.

23 July 2020

Canadian cannabis company’s noteholders lose bid to cross-examine director

Noteholders of insolvent Canada-based cannabis company Eureka 93 have lost a bid to cross-examine its co-founder ahead of a vote on a restructuring proposal that will turn them into unsecured creditors.

22 July 2020

Community roundup: new recruits at Gordon Brothers, EY and Kirkland & Ellis

Gordon Brothers and EY have hired in Australia, Kirkland & Ellis and Thornton Grout Finnigan have recruited in Hong Kong and Toronto, and Quantuma and Freeths continue to expand in the UK.

20 July 2020

Canadian oil servicer Calfrac secures emergency stays in Texas and Alberta

A Canadian oilfield services provider that operates in Russia and Argentina has secured an emergency Chapter 15 injunction in Texas, as well as a stay on creditor proceedings in Alberta.

15 July 2020

Creditors approve AllSaints CVAs as Chapter 15 recognition granted

Creditors of the British retailer AllSaints have overwhelmingly approved its company voluntary arrangements comprising leases in the UK and North America, though one objector was carved out of a US recognition order.

07 July 2020

Cirque Du Soleil shareholders looking to steal the show in CCAA auction

Stikeman Elliott, Kirkland & Ellis and Pachulski Stang are advising the internationally recognised circus production company Cirque du Soleil in CCAA proceedings in its native Québec.

01 July 2020

ENTREC wins Chapter 15 relief

A Canadian heavy haul transportation company has won expedited recognition of its CCAA proceedings, protecting funds secured under the US government’s emergency coronavirus relief legislation.

04 June 2020

Cannabis producer files CCAA after class actions commenced in US and Canada

A Canadian cannabis producer and its subsidiaries have filed CCAA proceedings in Ontario, after multiple securities class actions were brought against the company in Canada and the United States.

08 April 2020

Creditors race to put Tough Mudder in bankruptcy

Creditors of obstacle course organiser Tough Mudder have filed an involuntary Chapter 11 petition against it in Delaware, claiming management is “content to let the business fail”.

09 January 2020

Get unlimited access to all Global Restructuring Review content