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Can an undischarged bankrupt start a lawsuit without notifying his trustee in bankruptcy? (Little v. Bramcan Investments Ltd.)
Friday, March 22, 2024Stephen A. Thiele, Noah Bonis CharancleLitigationTransportation & Logistics, Bankruptcy and Insolvency Act, Insolvency, Rules of Civil Procedure
Can an undischarged bankrupt bring a lawsuit in his own name without notifying his trustee in bankruptcy? In Little v. Bramcan Investments Ltd, 2024 ONSC 1485 (CanLII), the Ontario...
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Sale of commercial units by nearly-insolvent debtor not a fraudulent conveyance
Wednesday, June 22, 2022James R.G. CookLitigationInsolvency, Real Estate
Creditors of an insolvent or nearly insolvent debtor may be understandably frustrated if the debtor sells its few remaining assets, leaving the...
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So you're in Special Credit – Can you sue?
Wednesday, December 27, 2017LitigationInsolvency, Collections, Lending, Loans, Banking, Recovery
Deciding not to advance any more money and shifting a debtor’s account into the...
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Transfers at an Undervalue; Backfires in Creditor Proofing
Wednesday, January 25, 2017Bankruptcy and Insolvency, LitigationBankruptcy, Insolvency, Transfer at an undervalue
Individuals faced with financial pressures and money problems understandably try to protect what little assets they may have left. In particular they...
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