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This course covers changes to the landlord-tenant relationship when a tenant enters formal insolvency proceedings, through bankruptcy, receivership, BIA Proposals or CCAA Proceedings. It covers the fate of commercial tenancy agreements and treatment of landlord claims for rental arrears, accelerated rent, occupation rent, and potential damages if the tenant terminates the lease agreement. The limitations placed by insolvency law on landlord rights and remedies are also discussed.
This course offers a refresher on material covered in the 2022 version of the course with some new information and cases arising from the COVID-19 pandemic.)