conferenceU B C C E N T R E F O R B U S I N E S S L A W , A L L A R D S C H O O L O F L A W

15thFEBRUARY 8-9, 2018, VANCOUVER

2:00 to 4:50 pm

6:00 - 7:00 pm

THURSDAY FEBRUARY 8, 2018

IAN FLETCHER INTERNATIONAL INSOLVENCY LAW MOOT, FINAL ORAL ROUND AND AWARDS CEREMONY BC Court of Appeal, 800 Smithe St, Heritage Courtroom, Vancouver – all observers welcome

CONFERENCE OPENING RECEPTION Fairmont Hotel Vancouver, 900 West Georgia Street, VancouverCo-hosted PwC and Peter A. Allard School of Law, UBC

7:00 am -5:00 pmFRIDAY FEBRUARY 9, 2018CONFERENCEFairmont Hotel Vancouver, 900 West Georgia Street, VancouverSee inside for agenda

ANNUAL REVIEW OF

INSOLVENCY LAW

SUSTAINING SUPPORTER

2018 Conference Co-Chairs: Madam Justice Shelley Fitzpatrick, British Columbia Supreme Court

Michael Vermette, PwC LLP, Vancouver, IICMary Buttery, Cassels Brock & Blackwell LLP, Vancouver, IIC

Dr Janis Sarra, University of British Columbia Peter Allard School of Law, Vancouver, IIC

ARIL Co-Editors: Dr Janis Sarra and Madam Justice Barbara Romaine, Alberta Court of Queen’s Bench

GOLD SPONSORS

FRIDAY FEBRUARY 9, 2018 FAIRMONT HOTEL VANCOUVER, 900 WEST GEORGIA STREET, VANCOUVER

OPENING EVENTS

7:00 - 8:00 am BREAKFAST & REGISTRATION

8:00 am WELCOME Conference Co-Chair Dr Janis Sarra, University of British Columbia Peter Allard School of Law, Vancouver, IIC

8:05 - 8:30 am THE HONOURABLE DONALD BRENNER MEMORIAL KEYNOTEProfessor Louise Gullifer, Professor of Law, Oxford University Faculty of Law and Director of the Commercial Law Centre Harris Manchester College, Oxford University, Bitcoin Bankruptcy Risk

8:30 - 9:20 am PLENARY PANEL: CCAA SUPER-MONITORS: THE CHALLENGES AND OBLIGATIONS OF EXPANDED POWERS Chair: Madam Justice Shelley Fitzpatrick, British Columbia Supreme CourtMurray McDonald, Ernst & Young Inc, Toronto, IICJay Carfagnini, Goodmans LLP, Toronto, IIC Doug McIntosh, Alvarez & Marsal Canada Inc, Toronto, IIC

9:30 - 10:20 am CONCURRENT PANELS

PANEL A NEW WINE IN OLD WINESKINS? TRANSFERS AT UNDERVALUEChair: Mr Justice Fred Myers, Ontario Superior Court of Justice Professor Roderick J Wood, University of Alberta, Edmonton, IIC, Transfers at Undervalue: New Wine in Old Wineskins? Commentators: Professor Tamara Buckwold, University of Alberta, Edmonton, comments on the Uniform Law Conference of Canada proposalsNeil Bunker, PwC LLP, Vancouver, IIC

PANEL B A BRIDGE IN TIME? CANADA’S NEW BANK RESOLUTION REGIMEChair: Mr Justice David Tysoe, British Columbia Court of AppealDr Janis Sarra, University of British Columbia, Vancouver, IIC, A Bridge Over Troubled Waters - Resolving Bank Financial Distress in CanadaCommentators: Michèle Bourque, President and CEO, Canada Deposit Insurance Corporation, Ottawa, IICMark Zelmer, Former Deputy Superintendent, Office of the Superintendent of Financial Institutions, Ottawa

PANEL C FIRST NATIONS AND THE CANADIAN INSOLVENCY LAW FRAMEWORKChair: Madam Justice Georgina Jackson, Saskatchewan Court of AppealVern DaRe, Fogler, Rubinoff LLP, Toronto, Can First Nations Restructure under Canada’s Insolvency Laws?Scott Hitchings, Saskatchewan College of Law, The Application of Canadian Insolvency Law on Lands Reserved for First NationsCommentator: Derek Nepinak, former Grand Chief Assembly of Manitoba Chiefs, CEO, Kanata Financial Inc, Winnipeg

PANEL D DEBT CONSULTING’S UPRISE IN BANKRUPTCYChair: Mr Justice Darrell Stephenson, Court of Queen’s Bench of New Brunswick Professor Stephanie Ben-Ishai, Osgoode Hall Law School, Toronto, IIC, Bypassing Insolvency Regulation: The Boom in Debt Consulting, co-authored with Mary Plahouras, Osgoode Hall Law School, TorontoCommentators: Reg Rocha, 4 Pillars Consulting Group Inc, Port CoquitlamLana Gilbertson, MNP LLP, Vancouver

PANEL E ASSIGNMENT OF AGREEMENTSChair: Madam Justice Marina Paperny, Alberta Court of AppealJennifer Stam, Goldman, Sloan, Nash & Haber LLP, Toronto, IIC and Evan Stitt, Gowling WLG (Canada) LLP, Toronto, Not Quite True Love: Forced Assignment of Agreements Commentator: Bruce Maclennan, Century Services, Calgary, IIC

10:20 - 10:40 am HEALTH BREAK

10:40 - 11:30 am CONCURRENT PANELS

PANEL F THE USE OF SUMMARY TRIALS IN COMPLEX PROCEEDINGS Chair: Madam Justice Christiane Alary, Cour supérieure du Québec Kelly Bourassa, Blake, Cassels & Graydon LLP, Calgary, IIC, Swift Justice? Use of Summary Trials in Restructuring Proceedings co-authored with James Reid, Blake, Cassels & Graydon LLP, CalgaryRyan Baulke, Goodmans LLP, Toronto The Long Arm of Pension Law: A Case Comment on Re Walter Energy Canada Holdings, Inc, co-authored with Jay Carfagnini, Goodmans LLP, Toronto, IICCommentator: John Sandrelli, Dentons LLP, Vancouver, IIC

PANEL G VESTINGChair: Mr Justice Craig Jones, Alberta Court of Queen’s BenchRobb English, Aird & Berlis LLP, Toronto, “Keep Your Hands Off My Royalties!” – Exploring the Court’s Power and/or Willingness to Vest Off Royalty Claims Under an Approval and Vesting Order, co-authored with Kyle Plunkett, Aird & Berlis LLP, TorontoLuc Morin, Norton Rose Fulbright, Montréal, Nothing Personal: The Bloom Lake Decision and the Growing Outreach of Vesting Orders Against in personam Rights, co-authored with Nicolas Mancini, Fasken Martineau DuMoulin LLP, MontréalCommentator: Craig Munro, FTI Consulting Canada, Vancouver, IIC

PANEL H CRITICAL SUPPLIERS Chair: Mr Justice Martin Castonguay, Cour supérieure du QuébecTevia Jeffries, Dentons LLP, Vancouver, Supplying Distressed Companies in the United States and Canada: Comparing Like with Like Commentators: Walker MacLeod, McCarthy Tétrault LLP, CalgaryAndrew Adessky, Richter Advisory Group Inc, Montréal, IIC

FRIDAY FEBRUARY 9, 2018 FAIRMONT HOTEL VANCOUVER, 900 WEST GEORGIA STREET, VANCOUVER

10:40 am - 11:30 pm CONCURRENT PANELS (CONTINUED)

PANEL I ALL NOT IN THE FAMILYChair: Madam Justice Lynne Leitch, Ontario Superior Court of Justice Jeremy Cuttler, Kugler Kandestin LLP, Montréal and Philippe Bélanger, McCarthy Tétrault, Montréal, IIC, The Impact of the Bankruptcy of a Spouse on the Right to Partition of the Family Patrimony Under Québec LawCommentator: Frances Gropper, Aaron Gordon Daykin Nordlinger LLP, Vancouver

PANEL J WHAT YOU NEED TO KNOW ABOUT A CANADA-CHINA CROSS-BORDER FILEChair: Mr Justice Herman Wilton-Siegel, Ontario Superior Court of Justice Jian Feng (Jerry) Ji, Arbitrator, Shenzhen Court of International Arbitration, China’s Enterprise Bankruptcy Law in the Past Decade: An Examination of the Role of Chinese Courts in Bankruptcy ProceedingsProfessor Jin Chun, Doshisha Uni Japan, Visiting Professor, Renmin Uni, China, How Technologies and Innovation are Driving Chinese Insolvency Law DevelopmentsCommentator: Michael Vermette, PwC LLP, Vancouver, IIC

11:40 am - 12:30 pm CONCURRENT PANELS

PANEL K HOW CAN I HELP YOU?Chair: Mr Justice Ken Nielsen, Alberta Court of Queen’s Bench Natasha DeCicco, Fasken Martineau DuMoulin LLP, Toronto, Desperate Times Call for Desperate Measures: A Review of Notable Developments in Recent Retail Insolvencies, co-authored with Dylan Chochla, Fasken Martineau DuMoulin LLP, TorontoLisa Hiebert, Borden Ladner Gervais LLP, Vancouver, Canadian Creditors Pay Less for US Restructuring Commentator: Rachel Bengino, Thornton Grout Finnigan LLP, Toronto

PANEL L ENFORCEABILITY OF MAKE-WHOLE CLAUSESChair: The Honourable Frank Newbould, Thornton, Grout Finnigan LLP, TorontoWaël Rostom, McMillan LLP, Toronto, IIC, The Enforceability of Make-Whole Clauses in Insolvency Proceedings co-authored with Kourtney Rylands, McMillan LLP, TorontoCommentators: Mark Wentzell, Grant Thornton LLP, Vancouver, IIC Gregory Prince, PwC LLP, Toronto, IIC

PANEL M SETTING IT RIGHTChair: Mr Justice Glenn Hainey, Ontario Superior Court of Justice Alexander Bayus, Gowling WLG (Canada) LLP, co-authored with Sylvain Vauclair, Woods LLP, IIC and Patrice Benoit, Gowlings WLG (Canada) LLP, Kitco: Is It About More Than Pre-Post Set-off? Commentators: Dylan Chochla, Fasken Martineau DuMoulin LLP, Toronto Huey Lee, Deloitte, Vancouver

PANEL N SOLE PROPRIETORS AND MICRO ENTERPRISE INSOLVENCY – TIME FOR REFORMChair: Mr Justice Robert Mongeon, Cour supérieure du QuébecDr Ignacio Tirado, Universidad Autonoma, Madrid, Spain, member, Bowen Island MSME GroupAndy Fisher, Farber Financial Group, Toronto Justice Nicoleta Mirela Nastasie, Bucharest Tribunal, Romania

12:30 - 1:30 pm LUNCH

1:30 pm to 2:20 pm CONCURRENT PANELS

PANEL O THIRD-PARTY FINANCING OF INSOLVENCY LITIGATION Chair: Mr Justice Thomas McEwen, Ontario Superior Court of JusticeTom Cumming, Gowling WLG (Canada) LLP, Calgary, Litigation Trusts in CCAA Proceedings, co-authored with Tony Mersich and Pierre Grabinski, Gowling WLG (Canada) LLP, CalgaryCommentators: Jordan Schultz, Dentons Canada LLP, VancouverKathleen Cunningham, British Columbia Law Institute, Vancouver

PANEL P DEEMED TRUSTS IN THE CCAA Chair: Madam Justice Mary Newbury, British Columbia Court of AppealSimon Archer, Goldblatt Partners LLP, Toronto, Trust Through the Lens of Insolvency: Statutory Trusts in Favour of Occupational Pension Plans Commentators: Andrew Hatnay, Koskie Minksy LLP, Toronto Dr Thomas Telfer, Faculty of Law, Western University, London

PANEL Q DEVELOPMENTS IN CONSUMER INSOLVENCY LAW INTERNATIONALLYChair: Madam Justice Allisen Rothery, Saskatchewan Court of Queen’s BenchKaren Gross, Finn Partners, Washington DC, Fresh Start for Higher Ed: Can the US Bankruptcy Laws Help?Professor Charles D Booth, University of Hawaii, Honolulu, An Analysis of Consumer Insolvency Trends in Hong Kong in the Aftermath of the 1997 Asian Financial Crisis and the 2007-2008 Global Financial CrisisCommentator: Jennifer McCracken, BDO Canada Limited, Vancouver

PANEL R INSIGHTS FROM THE JUDICIARY ON CROSS-BORDER INSOLVENCYChair: The Honourable James Farley, Ontario Superior Court of Justice (retired)Mr Justice Ignacio Sancho Gargallo, Supreme Court of Spain, MadridMr Justice Paul Heath, High Court of Justice, New Zealand, AucklandJudge Robert Drain, Bankruptcy Court, SDNY, New York

FRIDAY FEBRUARY 9, 2018 FAIRMONT HOTEL VANCOUVER, 900 WEST GEORGIA STREET, VANCOUVER

2:30 to 3:20 pm CONCURRENT PANELS

PANEL S REDWATER REDUXChair: Mr Justice Mark Schrager, Cour d’appel du QuébecFenner Stewart, U of Calgary Law School, How to Deal with a Fickle Friend? Alberta’s Troubles with The Doctrine of Federal Paramountcy Sarah Hawco, 180 Group LP, Calgary, Redwater. Why Are We Still Talking About This Issue?Christa Nicholson, Jensen Shawa Solomon Duguid Hawkes LLP, Calgary

PANEL T ARE CHANGES NEEDED TO THE “NOT SO NEW” CCAA?Chair: Madam Justice Karen Horner, Alberta Court of Queen’s BenchAndrew Kent, McMillan LLP, Toronto, IIC, 2009 Revisited, co-authored with Caitlin Fell, McMillan LLP, TorontoCommentators: Jean-Daniel Breton, Ernst & Young Inc, Montréal, IICMary Buttery, Cassels Brock & Blackwell LLP, Vancouver, IIC

PANEL U OFFSHORE CHALLENGES Chair: Mr Justice Duncan Grace, Ontario Superior Court of JusticeBruce Markell, Northwestern Pritzker School of Law, Chicago, Reining in the Rich: Using Equity to Thwart Offshore Asset Protection TrustsAri Sorek, Dentons Canada LLP, Montréal, Investment Protection under CETA and National Insolvency Laws - Separate Regimes or Potential for Conflict? co-authored with Matthias J Müller, Dentons LLP, BerlinMark Russell, HSM Chambers, Cayman Islands, Recognizing and Enforcing Onshore Regulatory Remedies in Offshore Insolvency and Recovery ScenariosCommentator: Farrington Yates, Kobre & Kim LLP, New York

PANEL V SELECTED ASPECTS OF SECURITYChair: Mr Justice Sean Dunphy, Ontario Superior Court of Justice Cindy Cheuk, Dentons LLP, Vancouver, How Capital Gain Can Cause Lenders Pain: The Impact of Section 116 of the Income Tax Act on Foreclosure Sales, co-authored with Joel Dueck, Dentons LLP, VancouverJeffrey Lee, MLT Aikins LLP, IIC, Saskatoon, IIC, The Glorious Uncertainty of The Law: Taking and Enforcing Security in SaskatchewanCommentator: Jennifer Cockbill, Fulton & Company Law Corporation LLP, Vancouver

PANEL W CROSSING THE 49TH - INSIGHTS FROM THE US ON CROSS-BORDER CANADA-US PROCEEDINGSChair: Mr Justice Paul Walker, British Columbia Supreme CourtNava Hazan, Squire Patton Boggs (US) LLP, New YorkEdward Janger, Brooklyn Law School, New YorkR Craig Martin, DLA Piper LLP (US), Delaware

CLOSING EVENTS

3:30 - 4:15 pm CLOSING PLENARY: TENDING OUR GARDEN, WEEDING OUT POOR PRACTICEChair: Regional Senior Justice Geoffrey Morawetz, Ontario Superior Court of JusticeMadam Justice Shelley Fitzpatrick, British Columbia Supreme CourtMadam Justice Barbara Romaine, Alberta Court of Queen’s BenchMr Justice Louis J Gouin, Juge coordonnateur de la Chambre commerciale, Cour supérieure du Québec

4:15 pm CLOSING THANKSMary Buttery, Cassels Brock & Blackwell LLP, Vancouver, IIC, Conference Co-Chair

4:15 pm - 5:00 pm CLOSING RECEPTION

SILVER SPONSORS BRONZE SPONSORS

Conference website: www.aril.ca

Registration information Conference fee is $975 per registrant or $225 for Judges, articling students, full time academics/Juges, étudiants stagiaires et professeurs à temps plein. (Plus applicable taxes.)

Register at aril-register.ca. Payment is by VISA or MASTERCARD only. Sorry, no refunds permitted, but substitutions are allowed.

There are a limited number of subsidized places for practitioners for whom cost is a barrier, please contact Janis Sarra (sarra@allard.ubc.ca). Quelques places sont disponibles pour les personnes pour qui le coût pourrait être un obstacle. Si c’est le cas, SVP communiquez avec Janis Sarra (sarra@allard.ubc.ca).

Full day attendance qualifies for 7 CLE sustaining hours in BC, ON and QC. La participation à la journée complète se qualifie pour 7 crédits de formation professionnelle continue en Colombie-Britannique, en Ontario et au Québec.

For more information about the conference please contact /pour tout information n’hésitez pas à communiquer avec Kate Shepherd (AnnualReview.Insolvency@ubc.ca) 604-762-5601.

Accommodation Information Hotel: Fairmont Hotel Vancouver, 900 West Georgia St, VancouverRoom rates: $179 single, double occupancy, plus applicable taxes.

Reservations By phone: Call 604-684-3131 or 1-800-441-1414. Callers must identify themselves as being with the “UBC 15th Annual Review of Insolvency” in order to qualify for the group rate. Online: https://aws.passkey.com/go/ubcinsolvencylaw A valid credit card is required when making reservations. Cancellations can be made without penalty up to 48 hrs prior to the arrival date. Rates applicable 3 days prior to and 3 days post meeting dates. Room may be reserved at this rate prior to January 8, 2018.

Conference Committee:Magnus Verbrugge, Borden Ladner Gervais LLP, Vancouver, IICPeter Reardon, McMillan LLP, Vancouver, IICColin Brousson, Gowling WLG (Canada) LLP, Vancouver, IICCindy Cheuk, Dentons LLP, VancouverBill Kaplan, Blakes, Cassels & Graydon LLP, Vancouver, IIC