Stephanie Ben-Ishai

Professor, Osgoode Hall Law School

Full Professor at Osgoode Hall Law School and internationally recognized expert on insolvency, corporate governance and commercial law.

Media

Occupy over-indebtedness

The Globe and Mail, December 19, 2011Online

URL: http://www.theglobeandmail.com/opinion/occupy-over-indebtedness/article554783/

Lululemon share prices fell recently after the do-good/feel-good yoga-wear chain printed bags associating the company with the “free market at all costs” philosophy of Ayn Rand. Shareholders had a sense that middle-class consumers might be willing to pay $90-plus for a pair of yoga pants but not if it meant being associated with the controversial author’s individualistic ideology...

Contracts: Cases and Commentaries, Ninth Edition
by Stephanie Ben-Ishai, Associate Professor, David R. Percy, Q.C.
Carswell

The American Bankruptcy Institute Recommendations on Chapter 11: Some Canadian Thoughts

Published by Canadian Business Law Journal

Forthcoming in 2016.

Student Loans and Bankruptcy: Five Years Later

Published by Annual Insolvency Review

2014

Special Issue: Symposium in Honour of John McCamus, Teaching and Scholarship

Published by Osgoode Hall Law Journal

2014 Edited by Stephanie Ben-Ishai and Jamie Cameron.

Report on the Consultation on the Credit Counselling Industry in Canada

Published by Annual Insolvency Review

2013

Reaffirmation of Debt in Consumer Bankruptcy in Canada

Published by Canadian Business Law Journal

2015

Involuntary creditors and corporate bankruptcy

Published by University of British Columbia Law Review

2012 The problem of involuntary creditors in corporate bankruptcy has been long recognized, with little actual effort expended towards solving the matter. 'Instead, the issue of tort, environmental, and tax creditors is typically acknowledged and then swept to the side by ...

URL: http://heinonlinebackup.com/hol-cgi-bin/get_pdf.cgi?handle=hein.journals/ubclr45§ion=15

Government Involvement in CCAA Proceedings: Has Transparency Been Achieved?

Published by Annual Insolvency Review

2015 With Larissa Lucas.

Farm Insolvency in Canada

Published by Journal of the Insolvency Institute of Canada

2013 With Virginia Torrie

Debt or Equity? A Puzzle for Canadian Bankruptcy Law

Published by A Puzzle for Canadian Bankruptcy Law

2012 With the increased sophistication of financial markets and financial instruments, the use of hybrid investments has been on the rise in recent decades. This article considers the question of how Canadian courts have drawn the border between debt and equity in the ...

URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2143389

Debt or Equity? A Puzzle for Canadian Bankruptcy Law

Published by Canadian Business Law Journal

2013 (SSRN Top Ten List)

Credit Counselling in Canada: An Empirical Investigation

Published by Canadian Journal of Law & Society

2014 With Saul Schwartz

Credit Counselling in Canada: An Empirical Examination

Published by Canadian Journal of Law and Society

2014 When debt becomes unmanageable, two options for a consumer debtor in Canada are:(1) enlisting the services of a bankruptcy trustee, and (2) becoming a client of a not-for-profit credit counselling agency. Each of these options is regulated differently and has ...

URL: http://journals.cambridge.org/abstract_S0829320113000331

Contracts Cases and Commentaries, 9th ed

Published by Carswell

2014 "Extensively revised and updated since its previous publication in 2009, Contracts: Cases and Commentaries, 9th Edition continues to be the teaching tool of choice among Canadian contracts professors. This book allows students to learn the law of contracts by firstly gaining a familiarity with the substantive law. Substantive law includes the law relating to the formation of contracts, factors affecting the validity of contracts, and remedies for when a party breaches the contract. A familiarity with these principles will serve as a useful stepping-stone to courses drawing on the general principles of contract law — such as the sale of goods, consumer protection, insurance, real estate transactions, and labour law."

URL: http://www.carswell.com/product-detail/contracts-cases-and-commentaries-ninth-edition/

Canadian Bankruptcy and Insolvency Law: Cases, Texts, and Materials

Published by Osgoode Hall Law School

2015 Authored by leading experts from across the country, the third edition of Canadian Bankruptcy and Insolvency Law: Cases, Text, and Materials provides detailed and cutting edge commentary on all aspects of Canadian bankruptcy and insolvency law. The ...

URL: http://digitalcommons.osgoode.yorku.ca/faculty_books/318/

Canadian bankruptcy and insolvency law : Bill C-55, Statute c. 47 and beyond. Edited by Stephanie Ben-Ishai and Anthony Duggan.

Published by LexisNexis Canada

2007 "Canadian bankruptcy law faces a unique situation. Statute c.47 was enacted in late 2005 but has not yet come into force. The "2007 Amending Bill" now calls for substantial amendments to the Bankruptcy and Insolvency Act, the Companies' Creditors Arrangement Act, and Statute c.47. What exactly do these proposed reforms mean? What influence can parliamentarians, practitioners, and academics exert during this "window period" to change Canadian bankruptcy and insolvency legislation?"

URL: https://www.library.yorku.ca/find/Record/2044647

Bankruptcy Intersections in Dwight Newman & Malcolm Thorburn, eds, The Dignity of Law: The Legacy of Justice Louis LeBel

Published by LexisNexis

2015

Bankruptcy Reforms

Published by Thomson Carswell

2008 "On December 14, 2007, Bill C-12, an Act to amend the Bankruptcy and Insolvency Act (BIA), the Companies' Creditors Arrangement Act (CCAA), the Wage Earner Protection Program Act and chapter 47 of the Statutes of Canada, 2005 received Royal Assent. The bill became chapter 36 of the Statutes of Canada, 2007. Chapter 36 means significant changes to the BIA, CCAA, role of the Office of the Superintendent of Bankruptcy, trustees, receivers, monitors, and other stakeholders. This book provides an annotated statutory supplement for the key issues that are addressed in Chapter 36 including: Partly Performed Contracts, Derivatives, Labour Issues [Including the Wage Earner Protection Program Act], Preferences, Gifts and Transfers, Corporate Governance, Cross-Border Insolvencies, BIA and CCAA Interface [includes DIP financing and judicial discretion] and Consumer Bankruptcy Reforms."

URL: https://www.library.yorku.ca/find/Record/2225142

Biography

Professor Stephanie Ben-Ishai, a Full Professor at Osgoode Hall Law School, is an internationally-recognized expert on insolvency, corporate governance, and commercial law. A frequent guest speaker, Ben-Ishai has presented her work around the world. She has received the American Bankruptcy Institute Medal of Excellence, SSHRC and Fulbright fellowships. In 2013 Ben-Ishai was the Law Commission of Ontario Scholar in Residence where she continued her research on debt relief. Previously she served as an INSOL International Scholar and was awarded the Osgoode Hall Law School Research Fellowship for her insolvency research. Ben-Ishai’s research has been consistently supported by a range of internal and external grants, including SSHRC Grants. Ben-Ishai has served as the editor of leading Canadian and Australian commercial law journals and is an active member of a number of Canadian and international professional, community and academic boards and committees. She is the author and co-author/co-editor of six books on insolvency and contract law and over 40 articles on insolvency, commercial and corporate law. She has been active in commercial law reform and has been consulted by governments and self-regulatory organizations on insolvency and commercial law matters. Ben-Ishai has also acted as an expert on Ontario and Canadian law. Ben-Ishai is the Academic Director of the LLM in Bankruptcy and Insolvency Law, Co-Academic Director of the LLM in Banking Law and the Academic Director of the Osgoode Small Business Clinic.Research Interests: Corporate/Commercial Law.

Recognition/Reconnaissance

Osgoode Hall Research Fellowships | Professional

The Fellowship provides a professor with one term’s teaching release to allow for greater focus on their research.Professor Ben-Ishai will be completing work on an empirical SSHRC-funded project on the topic of student loan debt. Students will be centrally involved in the analysis of the Canadian case law and will assist with the implementation of experiments.

Additional Titles and Affiliations

Law Commission of Ontario Scholar in Residence

Law Society of Upper Canada (Ontario)

Editorial Board: Journal of the Insolvency Institute of Canada

Canadian International Co-editor Journal of Banking and Finance (Australia)

American Bankruptcy Institute

Research Grants

SSHRC Insight Development Grant 2014-2016

Organization: Social Sciences and Humanities Research Council

Details:

2014 An Empirical and Doctrinal Examination of Canadian Student Loan Agreements. [Principal Investigator; Collaborator is Saul Schwartz]

SSHRC Standard Research Grant

Organization: Social Sciences and Humanities Research Council

Details:

2010-2013 The Democratization of Debt: An Inquiry into the Provision of Credit to Low-Income Households and Assessment of Their Debt Relief Options. [Principal Investigator; Collaborator is Saul Schwartz]

The Foundation for Legal Research Grant

Organization: The Foundation for Legal Research

Details:

2006 Grant for research on Bill C-55 Bankruptcy Reforms.

Schulich School of Business National Research Program in Financial Services and Public Policy Grant

Organization: Schulich School of Business National Research Program in Financial Services and Public Policy

Details:

2003-2005 Grant for research project entitled, “Effective Governance of Family Controlled Corporations in Canada: A Behavioral and Structural Analysis.” (with Poonam Puri).

Law Commission of Canada Grant

Organization: Law Commission of Canada

Details:

2005-2006 Grant for project entitled “Enforcing Security Interests and Money Judgments on Reserve” (Lead Researcher).

Law Foundation of Ontario Grant

Organization: Law Foundation of Ontario

Details:

2009 Grant for Organization of the International Academy of Commercial and Consumer Law Meeting in Toronto in July 2010. [Principal Applicant; Co-applicants included Tony Duggan, Benjamin Geva and Jacob Zeigel].

Osgoode Hall Law School Research Leave Fellowship

Organization: Osgoode Hall Law School

Details:

2015

Industry Canada Insolvency Research Initiative Program

Organization: Industry Canada

Details:

2006 Grant for research project on Access to the Consumer Bankruptcy Process. (Project Leader; Collaborator is Saul Schwartz).

Industry Canada Insolvency Research Initiative Program

Organization: Industry Canada

Details:

2005 Grant for research project on Comparative Consumer Bankruptcy Issues. (with Saul Schwartz and Iain Ramsay).

Insolvency Institute of Canada Grant

Organization: Insolvency Institute of Canada

Details:

2006 Insolvency Institute of Canada for Book of Essays on Bill C-55 (with Tony Duggan).

Borden Ladner Gervais Research Fellowship

Organization: Borden Ladner Gervais

Details:

2006 Grant for project entitled “Law, Development and the Mystery of Capital on Aboriginal Reserves”.

Expertise

  • Small Business
  • Insolvency Law
  • Corporate Law
  • Commercial Law
  • Banking Law
  • Bankruptcy

Education/Éducation

  • York University
    Law
    LLB, 2000

    • Law Society of Upper Canada Award for Academic Excellence at Law School • McMillan, Binch Prize for the first year student with the highest standing in Contract Law • Bereskin & Parr Prize for the student with the highest standing in Trademarks Law • Scotiabank Prizes in Law of Estates & Trusts for the student achieving the highest marks in the Law of Trusts


  • Harvard University
    Law
    LLM, 2003

    • Social Sciences and Humanities Research Council of Canada Doctoral Fellowship • Fulbright Fellowship • American Bankruptcy Institute Medal of Excellence for academic work in the area of bankruptcy law at Harvard Law School • LL.M. Paper (Thesis) under supervision of Professor Elizabeth Warren