Author: Ryan Quinlan

The Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act contain mechanisms to protect debtors from the enforcement of claims by creditors. This paper provides an overview of creditor protection provisions of the two statutes and explores basic stay provisions, extension provisions, and exceptions to stay provisions. In addition, it delves into reviewable transactions, such as transfers at undervalue, fraudulent conveyances, and fraudulent preferences.

This paper is part of a collection presented at LESA’s Bankruptcy and Insolvency program in Edmonton on February 21, 2025.