Reverse vesting orders: Popular in Canada and going international?

Legal Year in Review

Dec 13 2022 • 15 mins

In this article – “Reverse vesting orders: Popular in Canada and going international?” –  we review the use and benefits of the restructuring mechanism known as the reverse vesting order which insolvency professionals in Canada have been seeking, and courts have been approving, with greater frequency. We also look at the first example of a U.S. court recognizing a Canadian RVO in the United States.

This article is authored by Marc Wasserman, partner, National Chair, Insolvency and Restructuring, Jacqueline Code, partner and Chair, Research, Kathryn Esaw, partner, Insolvency and Restructuring.

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Our Legal Year in Review, published December 7, 2022, provides general information only and does not constitute legal or other professional advice. Specific advice should be sought in connection with your circumstances.

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