SCC cites expert in bankruptcy and insolvency law in recent decision

Research by Prof. Roderick Wood relied upon in judgment

Sarah Kent - 29 July 2021

Professor Roderick Wood, an expert in bankruptcy and insolvency law at the University of Alberta Faculty of Law, has been extensively cited by the Supreme Court of Canada in a recent decision. 

On July 28, the SCC issued its decision in Canada v. Canada North Group Inc., 2021 SCC 30, ruling that court-ordered super priority charges in restructuring proceedings enjoy priority over   the Crown’s statutory deemed trust in respect of unremitted source deductions.

Commenting on the SCC decision in the Lawyer’s Daily, Wood says that insolvency lawyers and professionals will “certainly be pleased with the result” as there will be assurance that “court ordered priming charges will prevail.”