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2024 Guide to Commercial Tenant Insolvencies

Navigating the Maze of Commercial Tenant Insolvencies

Created byVirginia Torrie
BeginnerUpdated Mar 30, 2024

What You'll Learn

  • check_circleLearn how insolvent tenants can affirm, disclaim or assign commercial tenancy agreements in bankruptcy, receivership, BIA proposals and CCAA proceedings.
  • check_circleLearn how insolvency law limits the rights and remedies ordinarily enjoyed by commercial landlords, and how their claims for money owed by tenants (rental arrears, accelerated rent, occupation rent, damages from termination of the lease) are treated under insolvency law.

About This Course

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.)

Course Content

1 activity • 1 videos • duration: 2h 10m

remove
Section 11 videos • 1 quiz • 2.2 hours
  • videocam2024 Guide to Commercial Tenant Insolvencies
    Duration 130:15
  • quizCourse Quiz

Your Instructor

Virginia Torrie

Law Professor

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star24 reviews

Dr. Virginia Torrie, JD, LLM, PhD, ICD.D is the Estey Chair in Business Law and Associate Professor at the College of Law, University of Saskatchewan. Her area of expertise is bankruptcy and insolvency law, especially “creditor protection” under the Companies’ Creditors Arrangement Act. She has published two books on business insolvency law, and is the Editor-in-Chief of the Banking & Finance Law Review (www.bflr.ca).

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.7 out of 5
Student's Choice
11 reviews
  • DW
    Dan W.
    starstarstarstarstar

    Good refresher course. Very easy to follow and understand.

  • KL
    Keldeagh L.
    starstarstarstarstar

    Very informative

  • PH
    Pei Yin H.
    starstarstarstarstar

    Very informative and relevant information

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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