CLEBC - Courses On Demand

Priorities 2026

Course Date: February 26, 2026

Full Course Materials

Total: 5h 26min

Total Ethics: 1h

Course Introduction and Land Acknowledgement (9:00 – 9:10)

Teresa Sheward — Program Lawyer, CLEBC, Vancouver
Aminollah Sabzevari — Department of Justice Canada, Adjunct Professor, Peter A. Allard School of Law, UBC, Vancouver
Kayla K. Strong — Nathanson Schachter & Thompson LLP, Vancouver

Real Property Mortgage Enforcement (9:10 – 9:50)

foreclosure overview
acceleration and reinstatement
what relief to seek
foreclosure priority issues

Lindsay D. Goldberg — Fulton & Company Law Corporation, Vancouver
Aron Hochhauser — Fulton & Company Law Corporation, Vancouver

Secured Transactions/PPSA (9:50 – 10:30)

PPSA vs. PPSA
PPSA vs. common law and equitable liens
PPSA vs. statutory liens and trusts
PPSA vs. garnishment under the Income Tax Act and Excise Tax Act
PPSA vs. Bank Act security and maritime mortgages
PPSA vs. interest in land

Martha Martindale — Osler, Hoskin & Harcourt LLP, Vancouver

BREAK (10:30 – 10:45)

Priorities from the Landlord/Tenant Perspective (10:45 – 11:25)

rent distress
priority against other creditors
issues arising on the filing of a proposal
bankruptcy issues
CCAA issues
assignment and disclaimer of leases
fixtures and security options for landlords

C. Nicole Mangan — Richards Buell Sutton LLP, Vancouver
Daniel D. Nugent — Richards Buell Sutton LLP, Vancouver

Priorities and the Builders Lien Claimant (11:25 – 12:00)

priorities and the lien claimant:
- between lien claimants
- between lien claimant and mortgagee
- between lien claimant and bankrupt estate lien claimant in Companies Creditors Arrangement Act and Bankruptcy and Insolvency Act proceedings
- between lien claimant and trust beneficiary
- between lien claimant and the Crown
- between lien claimant and other creditors
priorities and trust beneficiary:
- between trust beneficiaries
- between trust beneficiaries and the Crown
- between trust beneficiaries and other creditors

Tyler S. Galbraith — Jenkins Marzban Logan LLP, Vancouver

LUNCH (12:00 – 1:00)

Good Faith Under the BIA and CCAA (1:00 – 1:25)

it depends on who you are and who you ask
how to entitle or disentitle yourself to a priority

Kayla K. Strong — Nathanson Schachter & Thompson LLP, Vancouver

Priorities of the Federal and Provincial Crown (1:25 – 2:05)

Crown prerogative over claims of equal degree
requirements to pay and enhanced requirements to pay
deemed trusts for payroll source deductions and GST
Crown's deemed security in bankruptcy
statutory priorities of the Provincial Crown

Aminollah Sabzevari — Department of Justice Canada, Adjunct Professor, Peter A. Allard School of Law, UBC, Vancouver

Priority Issues in Bankruptcy (2:05 – 2:45)

Bankruptcy and Insolvency Act priorities
other sources for priority rules
trust property
priority creditors
- wage earners
- Crown claims
- unpaid suppliers
- secured creditors
preferred creditors
postponed claim

Claire Hildebrand — Blake Cassels & Graydon LLP, Vancouver

BREAK (2:45 – 3:00)

Hot Topics in Priorities: Panel Discussion (3:00 – 4:00)

use of reverse vesting orders to convey property and priorities considerations
Hudson's Bay CCAA and the assignment of leases to third parties as part of a sale of the assets of the debtor
constructive trusts—how do they impact priorities and when are they appropriate?
deemed trusts and priming charges in insolvency proceedings

Jason Eckford — Vice President, Recovery and Restructuring, MNP Ltd., Vancouver
Jonathan McNair, CPA, CA, CIRP, LIT — Crowe MacKay & Company Ltd., Vancouver
Daniel D. Nugent — Richards Buell Sutton LLP, Vancouver
Peter J. Reardon — Nathanson Schachter & Thompson LLP, Vancouver
Aminollah Sabzevari — Department of Justice Canada, Adjunct Professor, Peter A. Allard School of Law, UBC, Vancouver
Kayla K. Strong — Nathanson Schachter & Thompson LLP, Vancouver