On February 1, 2013 the Supreme Court of Canada ("SCC") released its long awaited decision in Sun Indalex Finance, LLC v. United Steelworkers, shedding new light on the responsibilities of insolvent companies who act as pension plan administrators and reversing a decision of the Ontario Court of Appeal ("ONCA") that would have seen pension plan beneficiaries paid in priority to a DIP lender with a court-ordered super-priority charge. (...)

type Insolvency And Restructuring Bulletin – February 2013 (en anglais)