Adrienne Ho Explores Cross-Border D&O Liability Issues in ABI Journal Article
A recent article in the American Bankruptcy Institute Journal by Adrienne Ho provides a Canadian perspective on director and officer liability in insolvency and restructuring proceedings, examining the legal framework for third-party releases under the Companies’ Creditors Arrangement Act and Canadian Business Corporations Act.
Adrienne suggests that third-party releases are still of value in cross-border proceedings for U.S. companies with Canadian operations, notwithstanding the U.S. Supreme Court’s recent decision in Harrington v. Purdue Pharma LP and the evolving cross-border implications.
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