Abstract

On 8 May 2020, the Supreme Court of Canada (“SCC”) released its written reasons in 9254-9186 Quebec inc. v. Callidus Capital Corp. (“Bluberi”), after having issued its unanimous decision from the bench earlier in the year. The decision pertained to a proceeding under the Companies’ Creditors Arrangement Act (“CCAA”) in which substantially all of the debtor’s assets had been liquidated.

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