Current, former Laurentian employees have framework for claims against Sudbury university – CBC.ca

The judge’s tone was brisk and business-like at aZoom courtroom hearing Tuesday to lay out a path for current,former and retired Laurentian employeesclaiming compensation from insolvent Laurentian University. The new policy provides a formula forthe claims process, but doesn’t mandate a payout percentage of the claim. The institution declared itself insolvent Feb. 1, with its…

ROUNDTABLE: Corporate bankruptcy & insolvency litigation — Financier Worldwide – Financier Worldwide

The corporate bankruptcy & insolvency litigation landscape has experienced a turbulent period over the past year and a half, largely a consequence of the extreme circumstances created by the COVID-19 pandemic. Against this backdrop, many businesses have sought arrangements and restructuring plans in an attempt to avoid corporate bankruptcy. However, as government COVID-19-related stimulus is…