Media
Canada's top banking regulator takes temporary control of SVB's Canadian branch
CBC Canada TonightTelevision
URL: https://main.mp4.cbc.ca/prodVideo/news/CBC_News_VMS/899/743/Virginia-Torrie.mp4
Laurentian University’s creditor-protection plan offers a new lease on life, but big challenges ahead
The Globe and MailOnline
URL: https://www.theglobeandmail.com/canada/article-laurentian-university-creditor-protection/
Canada seeks to block universities from filing for bankruptcy
Times Higher EducationOnline
URL: https://www.timeshighereducation.com/news/canada-seeks-block-universities-filing-bankruptcy
The 2023 Annotated Bank Act with Associated Regulations
by Virginia Torrie and Michael Garellek
Thomson Reuters
December 7, 2022
9781668703953
The Annotated Bank Act with Associated Regulations is an essential everyday resource for anyone with an interest in the process for incorporating a bank, the rights of bank shareholders, the duties of bank directors and officers, the business of banking, consumer provisions, the ownership and investment rules, capital adequacy requirements, foreign banks or bank holding companies.
Debt and Federalism: Landmark Cases in Canadian Bankruptcy and Insolvency Law, 1894-1937
by Thomas GW Telfer & Virginia Torrie
University of British Columbia Press
February 1, 2022
9780774867290
The legal meaning of bankruptcy and insolvency law has often remained elusive, even to practitioners and scholars in the field, despite having been enshrined in Canada’s Constitution since Confederation. Federal power in this area must be measured against provincial jurisdiction over property, civil rights, and other aspects of provincial power. Debt and Federalism traces changing conceptions of the federal bankruptcy and insolvency power through four landmark cases that together form the constitutional foundation of the Canadian bankruptcy system.
Reinventing Bankruptcy Law: A History of the Companies' Creditors Arrangement Act
by Virginia Torrie
University of Toronto Press
May 1, 2020
9781487506421
Reinventing Bankruptcy Law explodes conventional wisdom about the history of the Companies’ Creditors Arrangement Act and in its place offers the first historical account of Canada’s premier corporate restructuring statute. Examining the influence of private parties and commercial practices on lawmaking, Virginia Torrie argues that CCAA law was shaped by the commercial needs of powerful creditors to restructure corporate borrowers, providing a compelling thesis about the dynamics of legal change in the context of corporate restructuring.
Biography
Virginia Torrie, JD, LLM, PhD, is a nationally recognized expert and thought leader on insolvency matters, and founder of the consulting firm Insolvency Intelligence. She held an academic appointment at the University of Manitoba Faculty of Law from 2015 to 2022, where she received multiple awards for teaching and research excellence and served as Associate Dean (JD Program) and Chair of Desautels Centre for Private Enterprise and Law. Torrie has also provided testimony as an Expert Witness on Bankruptcy and Insolvency Law to the Senate Committee on Banking, Commerce and the Economy (BANC). She is the editor-in-chief of Banking and Finance Law Review.