Update: Omnibus Application Guidance

June 26, 2020

On May 6, 2020, the Office of the Superintendent of Bankruptcy issued a message to Licensed Insolvency Trustees (LIT) titled “Omnibus Application Guidance.” The guidance was intended to assist with the interpretation and application of the provincial and territorial court orders obtained in the Superintendent of Bankruptcy’s omnibus applications, and included a Frequently Asked Questions section. A question has been added to that section:

“What is the correct interpretation of the COVID-19 relief orders with respect to consumer proposals?”

Please see this additional FAQ on the OSB’s website.