• Does the Federal Pension Deemed Trust Outrank a Perfected Security Interest in the Context of CCAA Proceedings? The Superior Court of Québec Weighs In
  • April 10, 2014
  • Law Firm: Cassels Brock Blackwell LLP - Toronto Office
  • In the last few years, pension deemed trust issues have been a subject of debate before the courts. The Supreme Court of Canada itself addressed some of these issues in the Indalex case. On November 20, 2013, the Honourable Justice Mark Schrager of the Superior Court of Québec rendered an important judgment in Aveos addressing whether the federal pension deemed trust outranks a perfected security interest in the context of proceedings under the Companies’ Creditors Arrangement Act (the “CCAA”).