Monthly Archives: August 2014

DIP financing basics and recent case law

Debtor-in-possession (“DIP”) financing, also known as “interim financing” or “DIP financing,” describes an increasingly common situation where an insolvent company is allowed to remain in possession of its assets during the restructuring process and receive additional financing in order to …

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Society Act Reform

The B.C. government has released a white paper http://www.fin.gov.bc.ca/pld/fcsp/society_act_discussion.htm  outlining proposals for a new Societies Act to regulate the governance of non-share capital entities incorporated in British Columbia. The full text of a proposed new act is presented, along with …

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