Companies' Creditors Arrangement Act

The Companies' Creditors Arrangement Act (CCAA; French: Loi sur les arrangements avec les créanciers des compagnies) is a statute of the Parliament of Canada that allows insolvent corporations owing their creditors in excess of $5 million to restructure their business and financial affairs.

Companies' Creditors Arrangement Act
Parliament of Canada
Long title
  • An Act to facilitate compromises and arrangements between companies and their creditors
CitationSC 1932‑33, c. 36 (now RSC 1985, c. C-36)
Territorial extentCanada
Enacted byParliament of Canada
Enacted1933 (1933)
Amended by
SC 1952‑53, c. 3; SC 1990, c. 17; SC 1997, c. 12; SC 1998, c. 30; SC 2000, c. 30; SC 2001, c. 34; SC 2005, c. 47; SC 2007, c. 29; SC 2007, c. 36
Related legislation
Related Provisions (English)
Dispositions connexes (French)
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.