Five years ago, two landmark federal court valuation decisions, Campbell and Iridium, held that market evidence — rather than the testimony of paid litigation experts — should be relied on to value corporations for purposes of litigation. While a number of decisions have followed Campbell...

The current “piecemeal” approach to the reform of Canadian insolvency law came about because of the inability, over three decades ago, to get a comprehensive insolvency bill through Parliament. After several attempts to do so, a less ambitious approach was adopted that would focus on a...