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SUPREME COURT OF CANADA

 

Citation: 9354-9186 Québec inc. v.

Callidus Capital Corp.*

Appeals Heard and Judgment Rendered: January 23, 2020

Reasons for Judgment: to follow

Docket: 38594

 

Between:

 

9354-9186 Québec inc. and 9354-9178 Québec inc.

Appellants

 

and

 

Callidus Capital Corporation, International Game Technology, Deloitte LLP,

Luc Carignan, François Vigneault, Philippe Millette, Francis Proulx and François Pelletier

Respondents

 

- and -

 

Ernst & Young Inc., IMF Bentham Limited,

Bentham IMF Capital Limited, Insolvency Institute of Canada and

Canadian Association of Insolvency and Restructuring Professionals

Interveners

 

And Between:

 

IMF Bentham Limited and Bentham IMF Capital Limited

Appellants

 

and

 

Callidus Capital Corporation, International Game Technology, Deloitte LLP,

Luc Carignan, François Vigneault, Philippe Millette, Francis Proulx and François Pelletier

Respondents

 

- and -

 

Ernst & Young Inc., 9354-9186 Québec inc., 9354-9178 Québec inc.,

Insolvency Institute of Canada and

Canadian Association of Insolvency and Restructuring Professionals

Interveners

 

 

Coram: Wagner C.J. and Abella, Moldaver, Karakatsanis, Côté, Rowe and Kasirer JJ.

 

Judgment:

(para. 1)

Wagner C.J. (Abella, Moldaver, Karakatsanis, Côté, Rowe and Kasirer JJ. concurring)

 

 

Counsel:

 

Jean-Philippe Groleau, Christian Lachance, Gabriel Lavery Lepage and Hannah Toledano, for the appellants/interveners 9354-9186 Québec inc. and 9354-9178 Québec inc.

Neil A. Peden, for the appellants/interveners IMF Bentham Limited and Bentham IMF Capital Limited.

Geneviève Cloutier and Clifton P. Prophet, for the respondent Callidus Capital Corporation.

Jocelyn Perreault, Noah Zucker and François Alexandre Toupin, for the respondents International Game Technology, Deloitte LLP, Luc Carignan, François Vigneault, Philippe Millette, Francis Proulx and François Pelletier.

Joseph Reynaud and Nathalie Nouvet, for the intervener Ernst & Young Inc.

Sylvain Rigaud, Arad Mojtahedi and Saam Pousht-Mashhad, for the interveners the Insolvency Institute of Canada and the Canadian Association of Insolvency and Restructuring Professionals.

 

 

Note: This document is subject to editorial revision before its reproduction in final form in the Canada Supreme Court Reports.

 

 

* Neutral citation to follow.

 


 


No. 38594     

 

January 27, 2020

 

Le 27 janvier 2020

 

 

 

Coram: Wagner C.J. and Abella, Moldaver, Karakatsanis, Côté, Rowe and Kasirer JJ.

 

Coram : Le juge en chef Wagner et les juges Abella, Moldaver, Karakatsanis, Côté, Rowe et Kasirer

 

 

 

BETWEEN:

9354-9186 Québec inc. and

9354-9178 Québec inc.

Appellants

- and -

Callidus Capital Corporation, International Game Technology, Deloitte LLP,

Luc Carignan, François Vigneault, Philippe Millette, Francis Proulx and François Pelletier

 

Respondents

- and -

Ernst & Young Inc., IMF Bentham Limited, Bentham IMF Capital Limited, Insolvency Institute of Canada and Canadian Association of Insolvency and Restructuring Professionals

 

 

Interveners

 

AND BETWEEN:

IMF Bentham Limited and

Bentham IMF Capital Limited

Appellants

- and -

Callidus Capital Corporation, International Game Technology, Deloitte LLP,

Luc Carignan, François Vigneault, Philippe Millette, Francis Proulx and François Pelletier

 

Respondents

- and -

Ernst & Young Inc., 9354-9186

Québec inc., 9354-9178 Québec inc.,

Insolvency Institute of Canada and Canadian Association of Insolvency and Restructuring Professionals

 

Interveners

 

ENTRE :

9354-9186 Québec inc. et

9354-9178 Québec inc.

Appelantes

- et -

Callidus Capital Corporation, International Game Technology, Deloitte S.E.N.C.R.L., Luc Carignan, François Vigneault,

Philippe Millette, Francis Proulx et

François Pelletier

Intimés

- et -

Ernst & Young Inc., IMF Bentham Limited, Corporation Bentham IMF Capital,

Institut d’insolvabilité du Canada et

Association canadienne des professionnels de l’insolvabilité et de la réorganisation

Intervenants

 

ET ENTRE :

IMF Bentham Limited et

Corporation Bentham IMF Capital

Appelantes

- et -

Callidus Capital Corporation, International Game Technology, Deloitte S.E.N.C.R.L., Luc Carignan, François Vigneault,

Philippe Millette, Francis Proulx et

François Pelletier

Intimés

- et -

Ernst & Young Inc., 9354-9186

Québec inc., 9354-9178 Québec inc.,

Institut d’insolvabilité du Canada et

Association canadienne des professionnels de l’insolvabilité et de la réorganisation

Intervenants

 

 

 

JUDGMENT

 

The appeals from the judgment of the Court of Appeal of Quebec (Montréal), Number 500-09-027421-189, 2019 QCCA 171, dated February 4, 2019, were heard on January 23, 2020, and the Court on that day delivered the following judgment orally:

 

The Chief Justice — We are all of the view to allow the appeals and reinstate the decision of the Superior Court rendered by Justice Jean-François Michaud on March 16, 2018, with costs in this Court and in the Court of Appeal. Reasons to follow.

 

JUGEMENT

 

Les appels interjetés contre l’arrêt de la Cour d’appel du Québec (Montréal), numéro  500-09-027421-189, 2019 QCCA 171, daté du 4 février 2019, ont été entendus le 23 janvier 2020 et la Cour a prononcé oralement le même jour le jugement suivant :

 

[traduction]

Le juge en chef — Nous sommes toutes et tous d’avis d’accueillir les appels et de rétablir la décision de la Cour supérieure rendue par le juge Jean-François Michaud le 16 mars 2018, avec dépens devant notre Cour et devant la Cour d’appel. Motifs à suivre. 

 

 

 

 

 

 

 

 

 

C.J.C.

J.C.C.

 

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