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The OSB maintains a list of all companies that have been granted protection under the CCAA since September 18, 2009. These public records are retained for a 10-year period. Is the final repository of all CCAA proceedings files. The OSB maintains a National Repository which holds CCAA records for CCAA proceedings following the discharge of the ...
The Companies' Creditors Arrangement Act [1] (CCAA; French: Loi sur les arrangements avec les créanciers des compagnies) is a statute of the Parliament of Canada that allows insolvent corporations owing their creditors in excess of $5 million to restructure their businesses and financial affairs.
The Companies' Creditors Arrangement Act (commonly referred to as the "CCAA" or the "CC, double A") is a Federal Act that allows financially troubled corporations the opportunity to restructure their affairs. By allowing the company to restructure its financial affairs, through a formal Plan of Arrangement, the CCAA presents an opportunity for the company to avoid bankruptcy and allows the ...
Date modified: 2024-11-08. Below is a list of all companies that have been granted protection under the Companies' Creditors Arrangement Act (CCAA) since September 18, 2009 . The CCAA is a federal law allowing insolvent corporations that owe their creditors in excess of $5 million to restructure their business and financial affairs.
A: Pursuant to most CCAA Orders, generally all payments to creditors owed monies, as of the date of the CCAA filing, are stayed pending the creditors' vote on the Debtor's proposed plan of arrangement and compromise (the "Plan"). If the Plan is approved by the creditors and the Court, creditors will be paid in accordance with the payment provisions of the Plan.
Companies’ Creditors Arrangement Act. 119 An amendment to the Companies’ Creditors Arrangement Act made by section 104 or 106 of this Act applies only to a debtor company in respect of which proceedings under that Act are commenced on or after the day on which the amendment comes into force. — 2007, c. 36, s. 111.
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Companies’ Creditors Arrangement Regulations (SOR/2009-219) Eligible Financial Contract Regulations (Companies’ Creditors Arrangement Act) (SOR/2007-257) . Date modified: 2024-11-13. Federal laws of Canada.
