We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Court Finds Prior Secured Lender Interest Trumps Pensioners' Deemed Trust Under PBSA.
- Authors
Scotchmer, Adrian
- Abstract
The article discusses the Quebec Supreme Court case against the insolvent debtor Aveos Fleet Performance Inc., which deals with the asset management for the security creditors under the Companies' Creditors Arrangement Act (CCAA). Topics include the defined benefit plans offered by the company to certain nonunionized employees of Air Canada, the Pension Benefits Standards Act of 1985 (PBSA), and the Court's decision to agreed over the claims of the secured creditors.
- Subjects
AVEOS Fleet Performance Inc.; DEBTOR &; creditor -- Lawsuits &; claims; DEFINED benefit pension plans; AIR Canada (Company); LEGAL judgments; ACTIONS &; defenses (Law)
- Publication
Plans & Trusts, 2014, Vol 32, Issue 2, p28
- ISSN
2164-3857
- Publication type
Article