Re iAnthus Capital Holdings, Inc., 2020 BCSC 1442
| Jurisdiction | British Columbia |
| Judge | The Honourable Mr. Justice Gomery |
| Citation | 2020 BCSC 1442 |
| Date | 28 September 2020 |
| Docket Number | S207785 |
| Court | Supreme Court of British Columbia (Canada) |
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7 practice notes
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IAnthus Decision Changes The Landscape For Corporate Plans Of Arrangement Under The BCBCA By Permitting Third-Party Releases
...that this case has afforded and use the BCBCA to effect corporate plans of arrangement. Footnotes 1 Re iAnthus Capital Holdings, Inc., 2020 BCSC 1442 and 2020 BCSC 1484. 2 iAnthus Capital Holdings, Inc. et al. v Walmer Capital Limited et al., 2021 BCCA 48. 3 Under the BCBCA, the Company was......
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Debt Restructuring: Corporate Arrangements As Alternative Methods
...arrangement legislation, while a flexible restructuring tool, "is not as open-ended as the CCAA" (Re iAnthus Capital Holdings, Inc., 2020 BCSC 1442). In refusing to approve a third-party release based on precedents drawn from CCAA proceedings, the court observed that what may constitute an ......
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iAnthus Capital Holdings, Inc. (Re),
...(the “Revised Plan”) that it now asks me to approve. [2] These reasons should be read in conjunction with my earlier decision indexed at 2020 BCSC 1442. In these reasons, I will only address matters canvassed in my earlier decision to the extent necessary to explain my reasoning. [3] The Pl......
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British Columbia Supreme Court Rejects Plan Of Arrangement For Barring Claims Of Historical Shareholders
...Re iAnthus Capital Holdings, Inc., 2020 BCSC 1442, Justice Gomery of the BCSC rejected a plan of arrangement due to the overly broad scope of release and injunction clauses which were found to bar claims of historical shareholders which preceded the plan. His Honour did not dismiss the peti......
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1 cases
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iAnthus Capital Holdings, Inc. (Re),
...(the “Revised Plan”) that it now asks me to approve. [2] These reasons should be read in conjunction with my earlier decision indexed at 2020 BCSC 1442. In these reasons, I will only address matters canvassed in my earlier decision to the extent necessary to explain my reasoning. [3] The Pl......
6 firm's commentaries
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IAnthus Decision Changes The Landscape For Corporate Plans Of Arrangement Under The BCBCA By Permitting Third-Party Releases
...that this case has afforded and use the BCBCA to effect corporate plans of arrangement. Footnotes 1 Re iAnthus Capital Holdings, Inc., 2020 BCSC 1442 and 2020 BCSC 1484. 2 iAnthus Capital Holdings, Inc. et al. v Walmer Capital Limited et al., 2021 BCCA 48. 3 Under the BCBCA, the Company was......
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Debt Restructuring: Corporate Arrangements As Alternative Methods
...arrangement legislation, while a flexible restructuring tool, "is not as open-ended as the CCAA" (Re iAnthus Capital Holdings, Inc., 2020 BCSC 1442). In refusing to approve a third-party release based on precedents drawn from CCAA proceedings, the court observed that what may constitute an ......
-
British Columbia Supreme Court Rejects Plan Of Arrangement For Barring Claims Of Historical Shareholders
...Re iAnthus Capital Holdings, Inc., 2020 BCSC 1442, Justice Gomery of the BCSC rejected a plan of arrangement due to the overly broad scope of release and injunction clauses which were found to bar claims of historical shareholders which preceded the plan. His Honour did not dismiss the peti......
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The role of third parties and stakeholders in a Plan of Arrangement
...of a purchase or sale of an equity interest, or; contribution or indemnity in respect of a claim referred to in any of these categories.↩ 2020 BCSC 1442. 2020 BCSC 1442. ↩ 2020 BCSC 1442. ↩in Quebec, the annulment, of a purchase or sale of an equity interest, or; contribution or indemnity i......
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