Alberta Court of King's Bench denies time extension to appeal CCAA initial order

By Karunjit Singh ( January 8, 2025, 4:55 PM EST) -- In a rare decision on the matter, the Alberta Court of King’s Bench has declined to grant certain debtor companies an extension of time to appeal an initial order under the Companies’ Creditors Arrangement Act (CCAA), finding that they had not established a bona fide intention to appeal within the statutory period....