Briefing Papers Categories: Author: Mitch Frazer Torys - March 02, 2007In its recent decision in Ivaco Inc., Re [2006] O.J. No. 4152, the Ontario Court of Appeal dealt with the challenging interplay between pension law and insolvency law. The decision deals with a restructuring in which one of the dominant issues is the treatment of a debtor's unfunded pension liabilities. Ivaco highlights the importance of dealing with pension issues early in the restructuring process.
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