October 2006 - Richard N. Billington Q.C. Speaks to Canadian Institute Seminar on Advanced Insolvency Law and Practice
Speaking as part of a panel with Mr. Juval Aviv, president of Interfor, an international asset recovery firm, and Mr. John Williams of KPMG, Rick Billington addressed the Canadian Institute on how proceedings under the Companies’ Creditors’ Arrangement Act (CCAA) and the Bankruptcy and Insolvency Act (BIA) can enhance the ability to recover assets and information from fraudulent wrongdoers. He spoke to the issues of the procedural requirements of creditors seeking extraordinary relief against a bankrupt or insolvent, and of the role and availability of Anton Piller Orders, Mareva Injunctions and Norwich Pharmacal Orders. He also addressed the power of Interim Receivers, Receivers and Trustees in Bankruptcy to investigate and use extraordinary remedies to challenge fraud.