4 total
Action stayed in favour of arbitration as it was arguable the arbitration clause survived contract termination.
The applicant commenced an action and an application following the termination of a services agreement, arguing the arbitration clause did not survive termination.
The respondent moved to stay the proceedings in favour of arbitration.
The court applied the competence-competence principle, finding it was arguable that the dispute fell within the arbitration clause and that the clause survived termination.
The court granted the motion to stay the action against the corporate respondent under the International Commercial Arbitration Act, and stayed the action against the individual defendants under the Courts of Justice Act, leaving the jurisdictional challenges to be determined by the arbitral tribunal.
Landlord's claim to lease transfer proceeds in CCAA proceedings dismissed; secured creditor did not subordinate priority.
In the context of CCAA proceedings for Priszm, the landlord (Scott's REIT) brought a motion claiming entitlement to the proceeds from the sale and assignment of various restaurant leases to third-party purchasers.
Scott's argued it had a proprietary interest in the lease consideration and that the secured creditor (Prudential) had subordinated its security interest to Scott's claim.
The court dismissed the motion, finding that the lease provisions created only an unsecured contractual obligation, not a proprietary interest.
Furthermore, the court held that the leasehold charge consents did not contain clear and unequivocal language demonstrating an intention by Prudential to subordinate its first-priority security interest to Scott's unsecured claim.
Procedural directions issued in corporate liquidation, including conditional access to records subject to cost deposits.
In the context of a corporate liquidation, the court heard a scheduling appointment regarding the Liquidator's First Report.
Various parties sought directions on responding to the report, accessing corporate records, and obtaining documentary production.
The court established a timetable for responding materials and granted certain parties access to the company's records, subject to a strict 'pay as you play' cost deposit regime to prevent fishing expeditions.
Requests for production from the bankrupt applicant were directed to his bankruptcy trustee.
Appeal dismissed; service of Warning Notice breached CCAA stay provisions and was a nullity.
The U.K. Pensions Regulator and Pension Protection Fund Trustee appealed an order finding that their service of a Warning Notice breached the stay provisions in the Initial Order under the Companies' Creditors Arrangement Act.
The Court of Appeal dismissed the appeal, agreeing that the service of the Notice was a nullity.
The Court clarified that the order below does not preclude the appellants from seeking to assert a claim in the CCAA process for pension contribution shortfalls.