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Re Metcalfe: A matter of fraud, fairness, and reasonableness. The restructuring of the third-party asset-backed commercial paper market in Canada

✍ Scribed by Mario Forte


Book ID
102270216
Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
264 KB
Volume
17
Category
Article
ISSN
1180-0518

No coin nor oath required. For personal study only.

✦ Synopsis


Abstract

The recent market freeze in third‐party asset‐backed commercial paper in Canada has given rise to a restructuring proceeding of unprecedented size and complexity in Canada. It has led the Courts to refine and perhaps define the interpretative principles underpinning the determination of the scope of under‐inclusive commercial legislation. This paper is a commentary on this unusual proceeding and the judicial analysis employed in the proceeding. Copyright © 2008 John Wiley & Sons, Ltd.