Lawson Lundell's Real Estate Law Blog

Tag Archives: commercial tenant

Insolvent Commercial Tenants – What Happens Now?

Posted in Commercial leasing
Comment

Recently, a number of retail enterprises have availed themselves of the protection of the Bankruptcy and Insolvency Act (BIA) and the Companies’ Creditors Arrangement Act (CCAA), Canada’s insolvency statutes.  The BIA and CCAA, as federal statutes, have various provisions that allow a debtor to deal with their leases in a manner which may be inconsistent… Continue Reading