Bankruptcy & Insolvency 2019


Course Date: October 11, 2019

Full Course Materials
Total: 5h 7min
Total Ethics: 1h

Welcome and Land Acknowledgement

General Overview of All Insolvency Statutes

  • insolvencyidentifying it factually and analyzing it legally
  • trying to avoid bankruptcyproposals and creditor protection
  • bankruptcy under the Bankruptcy and Insolvency Act of Canada
  • receivership under provincial law
  • practice directions and model orders of the Supreme Court
  • pitfalls to watch out for
  • other potentially applicable federal and provincial law
  • practice considerations, advice, and action points

Geoffrey H. Dabbs Gehlen Dabbs, Vancouver

Priority Issues in Bankruptcy and Insolvency

  • the basic priority scheme under the Bankruptcy and Insolvency Act
  • priority creditors
    • secured creditors
    • Crown claims
    • unpaid suppliers
    • the Wage Earner Protection Program Act
  • postponed creditors
    • equity claims
    • non-arm's length transactions
  • trust property
  • exempt property

Gregory J. Gehlen  Gehlen Dabbs, Vancouver

Break

Family Law and Bankruptcy

  • property issues and the division of family property in insolvent circumstances
  • effect of bankruptcy and bankruptcy protection of a spouse under the Bankruptcy and Insolvency Act of Canada
  • specific property issues such as excluded property
  • priority issues
  • spousal support and maintenance
  • impact of the Family Property Act of BC
  • practical reality of the legal analysis of family law in insolvent circumstances
  • ethical and practice issues

Benjamin La Borie  Hakemi & Ridgedale LLP, Vancouver

Landlord and Tenant

  • bankruptcy and the landlord/tenant relationship
  • impact on landlord's rights/remedies on tenant making a proposal under the Bankruptcy and Insolvency Act of Canada
  • receivership of the tenant
  • Commercial Tenancy Act and liability of bankruptcy trustee and receiver for rent
  • landlord's options in dealing with a potentially insolvent tenant
  • tips and traps in dealing with an insolvent tenant

Sherryl Dubo  McMillan Dubo Law Group, Kamloops

Networking Lunch (Provided)

Directors' and Officers' Liability in Insolvency

  • who is considered an officer or director?
  • types of liability
  • avoiding or minimizing the liability
  • indemnification and insurance
  • liability for breach of directors' duties

Lisa C. Hiebert  Borden Ladner Gervais LLP, Vancouver

Forbearance

  • forbearance agreements
  • settlements
  • avoiding fraudulent conveyances/preferences
  • issues under federal and provincial statutes
  • professional responsibility

H. Lance Williams  Cassels Brock & Blackwell LLP, Vancouver

Break

Non-consumer Proposals

  • division I proposals
  • notice of intention
  • stay of proceedings
  • default
  • financing
  • 'out of court' proposals
  • informal proposals

Vicki Tickle McMillan LLP, Vancouver

Personal Bankruptcy and Discharge of Bankrupt

  • process
    • the trustee in bankruptcy
    • summary administration vs ordinary administration
    • stay of proceedings
    • property of a bankrupt
    • surplus income
  • role of creditors
    • the filing of proofs of claims
    • acting as inspector
  • conclusion of process
    • orders of discharge
    • debts that survive after discharge
  • what you need to know if you are acting for a bankrupt or creditor
    • student loans
    • tax driven bankruptcies
    • multiple bankruptcies
  • grounds for opposing the bankrupt's discharge
  • what evidence you should put before the court
  • what orders the court may make
    • variation of bankruptcy discharge orders
    • appeals

Jennifer McCracken, LIT — BDO First Call Debt Solutions, Langley
Cody G. Reedman
 Reedman Law, Vancouver

Bankruptcy Hot Topics Roundtable

  • fraudulent preferences and transfers at undervalue
  • claims to property in possession of the bankrupt
  • s. 38 claims
  • lifting the stay of proceedings
  • fraud claims surviving discharge
  • costs awards in bankruptcy
  • appeals periods and process
  • s. 163 examinations

Geoffrey H. Dabbs Gehlen Dabbs, Vancouver
Benjamin La Borie Hakemi & Ridgedale LLP, Vancouver
Jennifer McCracken, LIT
— BDO First Call Debt Solutions, Langley
Cody G. Reedman
 Reedman Law, Vancouver