Legal Blog

Bankruptcy

Re Kim 2020 Ont SCJ

The judge specifically approved of the British Columbia Supreme Court decision in Re Walker. The judge held that a trustee must review the account of the first execution creditor to determine if the account is reasonable and that the account did not have to be approved by a Bankruptcy Court. The judge relied on sections 70(2) and 136(1) of the Bankruptcy and Insolvency Act.

Written by Jonathan Speigel, the founding partner of Speigel Nichols Fox LLP, leads the litigation and construction practices.