Page 20 - நீதிமன்றம் ஆர்டர்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

As widely reported, on February 1, 2021 Laurentian University obtained creditor protection under the Companies Creditors Arrangement Act (CCAA). This is an unprecedented occurrence amongst publicly funded Canadian universities and colleges, though in B.C., we have had recent experience with the insolvency of Quest University, a privately funded non-profit university. The materials related to Laurentian s CCAA filing, including the Court s orders, can be found here: Restructuring Document Centre 2.0 (ey.com). The document entitled Endorsement makes particularly interesting reading, as it discusses Laurentian s structure and its Liquidity Crisis and Insolvency in plain terms. Restructuring under the CCAA gives financially troubled companies (including incorporated, publically funded universities

Ernst young incCourt orderUniversity of thorneloeRestructuring document centreHuntington universityLaurentian federationUniversity of sudburyLaurentian universityCompanie creditorsArrangement actCourt ordersFederated universitiesA legal faq regarding laurentian university amp 39s ccaa filingInsolvency bankruptcy re structuringFinancial restructuringInsolvency bankruptcy