Course Introdution and Land Acknowledgement (9:00 – 9:10)
Teresa Sheward — Program Lawyer, CLEBC, Vancouver
Geoffrey H. Dabbs — Gehlen Dabbs, Vancouver
Rebecca M. Morse — Farris LLP, Vancouver
General Overview of All Insolvency Statutes (9:10 – 9:50)
- insolvency—identifying it factually and analyzing it legally
- trying to avoid bankruptcy—proposals and creditor protection
- bankruptcy under the Bankruptcy and Insolvency Act
- receivership under provincial law
- practice directions and model orders of the Supreme Court
- pitfalls to watch out for
- other potentially applicable federal and provincial law
- practice considerations, advice and action points
Geoffrey H. Dabbs — Gehlen Dabbs, Vancouver
Rebecca M. Morse — Farris LLP, Vancouver
Priority Issues in Bankruptcy and Insolvency (9:50 – 10:30)
- the basic priority scheme under the Bankruptcy and Insolvency Act
- priority creditors
- secured creditors
- Crown claims
- unpaid suppliers
- the Wage Earner Protection Program Act
- postponed creditors
- equity claims
- non-arm's length transactions
- trust property
- exempt property
Carol M. Cash — Gehlen Dabbs Cash LLP, Vancouver
BREAK (10:30 – 10:45)
Receivership, CCAA, BIA—Proposals to Creditors (10:45 – 11:50)
- Division 1 proposals under the Bankruptcy and Insolvency Act
- who may make a proposal
- filing under the Bankruptcy and Insolvency Act
- stay of proceedings
- purpose and terms
- process and timing
- restructuring options
- creditor and court approval
- performance, default, and annulment
- informal proposals
- considerations
- advantages and disadvantages
- work outs
Mary I.A. Buttery, KC — Osler, Hoskin & Harcourt LLP, Vancouver
Michelle Grant — PwC Canada, Vancouver
Vicki Tickle — Cassels Brock & Blackwell LLP, Vancouver
LUNCH (provided to in-person registrants) (11:50 – 12:50)
Insolvency and the Landlord—Tenant Relationship (12:50 – 1:15)
- bankruptcy and the landlord/tenant relationship
- impact on landlord's rights/remedies on tenant making a proposal under the Bankruptcy and Insolvency Act
- receivership of the tenant
- Commercial Tenancy Act and liability of bankruptcy trustee and receiver for rent
- landlord's options in dealing with a potentially insolvent tenant
- tips and traps in dealing with an insolvent tenant
Robert Fischer — DWF Group, Vancouver
Directors' and Officers' Liability in Insolvency (1:15 – 1:40)
- who is considered an officer or director?
- types of liability
- avoiding or minimizing the liability
- indemnification and insurance
- liability for breach of directors' duties
Christopher Ramsay — Clark Wilson LLP, Vancouver
Reverse Vesting Orders (1:40 – 2:05)
Katie Mak — Norton Rose Fulbright Canada LLP, Vancouver
Forbearance Agreements (2:05 – 2:30)
- Forbearance Agreements
- timing and effect
- key terms and optional terms
- issues and pitfalls
Jordan D. Schultz — Dentons Canada LLP, Vancouver
BREAK (2:30 – 2:45)
Guarantees (2:45 – 3:10)
Noor Mann — Lawson Lundell LLP, Vancouver
Proofs of Claim, Disallowances, and Appeals Therefrom (3:10 – 3:35)
- purpose of the Bankruptcy and Insolvency Act
- proofs of claim
- trustee's duty to examine
- trustee may allow or disallow
- role of the courts
- appeals from disallowance
- nature of an appeal
- limitation period
- trustee's duty to appear on appeal
- process: de novo or true appeal
- fresh evidence
- trial de novo
- standard of review
- standing
- creditor's right to apply to expunge or reduce
- procedure
- scope of application
- an alternative or parallel process: suing in the civil courts
- costs
- trustee's fees
- trust claims
- secured claims
Jonathan L. Williams — Owen Bird Law Corporation, Vancouver
Case Study Roundtable: Bringing it All Together (3:35 – 4:30)
Mary I.A. Buttery, KC — Osler, Hoskin & Harcourt LLP, Vancouver
Carol M. Cash — Gehlen Dabbs Cash LLP, Vancouver
Geoffrey H. Dabbs — Gehlen Dabbs, Vancouver
Robert Fischer — DWF Group, Vancouver
Michelle Grant — PwC Canada, Vancouver
Katie Mak — Norton Rose Fulbright Canada LLP, Vancouver
Noor Mann — Lawson Lundell LLP, Vancouver
Rebecca M. Morse — Farris LLP, Vancouver
Vicki Tickle — Cassels Brock & Blackwell LLP, Vancouver
Jonathan L. Williams — Owen Bird Law Corporation, Vancouver