In our recently published Key Developments in Canadian Insolvency Case Law in 2022, the Supreme Court of Canada (SCC) has granted leave to appeal the decisions of Ernst & Young Inc. v. Aquino (Aquino) and Golden Oaks Enterprises Inc. v. Scott (Golden Oaks). Both Aquino and Golden Oaks contemplate the application of the corporate attribution doctrine in the insolvency context, however, there are several key differences that readers should note. This bulletin outlines these key differences, in addition to preliminary intervenor arguments provided by the Insolvency Institute of Canada (a leading non-profit industry association promoting thought leadership in the commercial insolvency practice) (IIC) and the Attorney General for Ontario (AG…
Read the full article at: https://www.jdsupra.com/legalnews/corporate-attribution-in-insolvency-key-8256833/