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The Anti-Deprivation Rule And Its Application In Alberta Vs Ontario In Light Of Mayfield Investments Ltd.
The Court of King's Bench of Alberta recently released its decision in ATB Financial v. Mayfield Investments Ltd.,1 ("Mayfield") and examined whether a forced share sale provision in a shareholder's agreement violated the anti-deprivation rule. This decision highlights the importance of the anti-deprivation rule in maintaining equitable treatment of creditors during insolvency proceedings. The anti-deprivation rule has existed under Canadian law for many years.
The anti-deprivation rule and its application in Alberta vs Ontario in light of Mayfield Investments Ltd.
The anti-deprivation rule The Court of King’s Bench of Alberta recently released its decision in ATB Financial v. Mayfield Investments Ltd.,[1] (“Mayfield”) and examined whether a forced share sale provision in a shareholder’s agreement violated the anti-deprivation rule. This decision highlights the importance of the anti-deprivation rule in maintaining equitable treatment of creditors during insolvency proceedings. The anti-deprivation rule has existed under Canadian law for many years.
Forging a path through distressed situations: Bart Sarsh joins Gowling WLG in Hamilton
Gowling WLG is pleased to welcome Bart Sarsh as a partner in the firm's Corporate Restructuring, Insolvency & Advisory Group in Hamilton. Harnessing his experience in complex disputes and high-stakes recoveries, Bart guides creditors, trustees and receivers through asset recovery strategies, providing the clarity and direction needed to manage intricate recovery processes with confidence.
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As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Bart
Contact Bart, search articles and posts on X, monitor coverage, and track replies from one place.
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