Dilina Lallani

Steve Weisz and Dilina Lallani authored an article about investments and acquisitions in distressed businesses featured in CorporateLiveWire's 2025 Bankruptcy & Restructuring Expert Guide. In the article Steve and Dilina discuss the valuable opportunities that such investments provide and describe the structure of distressed acquisitions, including the sale of shares, assets, debt, or a combination thereof. To read the full article, click here. (Subscription required) Download PDF

OVERVIEW On October 11, 2024, the Supreme Court of Canada (the SCC) rendered a decision clarifying the corporate attribution doctrine in the bankruptcy and insolvency context. Aquino v. Bondfield Construction Co.1 involved a dispute regarding the recovery of money by a trustee and monitor of two companies on the basis that certain transactions were transfers at undervalue under s. 96(1)(b)(ii) of the Bankruptcy and Insolvency Act2 (the BIA).

OVERVIEW On October 11, 2024, the Supreme Court of Canada (the SCC) rendered a decision clarifying the corporate attribution doctrine in the bankruptcy and insolvency context. Aquino v. Bondfield Construction Co.1 involved a dispute regarding the recovery of money by a trustee and monitor of two companies on the basis that certain transactions were transfers at undervalue under s. 96(1)(b)(ii) of the Bankruptcy and Insolvency Act2 (the BIA).