Brendan Bissell, Counsel on the GSNH Restructuring & Insolvency group published the article Trust No One: A Motto for Builder’s Lien Trust Claims in a Bankruptcy which outlines recent court decisions about whether the trust created in many provincial builder’s lien statutes will still apply in bankruptcy. The article discusses the issues, as well as offering practical suggestions on how to cope with the risk that these unsettled issues raise.
Click here to read the article.