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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…

Canadian Insolvency: Key Developments and Emerging Trends

Several significant judicial decisions were released in 2025 that remain relevant to businesses, commercial lenders and restructuring professionals. This bulletin summarizes the key developments of 2025 and highlights areas of significance for restructuring professionals and market participants to monitor in 2026. 1. Hudson’s Bay Company and Assignment of Contracts North America’s oldest corporation, the Hudson’s…

Rs 15 lakh PF deducted but not deposited: HC allows criminal case to continue against director of company that turned insolvent

A company had deducted Rs 15.14 lakh from employees’ salaries for their provident fund for the period March 2012 to March 2013 and from May 2013 to July 2013, but didn’t deposit this money with the Employee Provident Fund Organisation (EFPO). Now, this company is insolvent. Seeing this gross misconduct, the Employee Provident Fund inspector…