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Equitable Subordination in Canada: No? Yes? Maybe? Well, It Depends

Journal Issue: 
Column Name: 
Cases Discussed 
Re U.S. Steel Canada Inc., 2016 ONCA 662; Canada Deposit Insurance Corp. v. Canadian Commercial Bank [1992] 3 S.C.R. 558; In re Indalex Ltd., 2013 SCC 6 at 77; Lloyd’s Non-Marine Underwriters v JJ Lacey Insurance Ltd. 2009 NLTD 148; In re US Steel Canada Inc. 2015 ONSC 5103; and In re Mobile Steel (1977) 563 F.2d 692 (5th Cir.).
Bankruptcy Code: 
Journal Date: 
Saturday, April 1, 2017
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