Timminco motion: A new twist in insolvency v environment
The insolvent metal processing company, Timminco, is attempting a new twist to “cleanse” creditors of environmental claims through insolvency law. They have applied to the Commercial List for permission to sell their valueless contaminated sites, for virtually nothing, to new sub…
View the post titled Timminco motion: A new twist in insolvency v environmentRed tape, green economy?
Some federal Conservatives are reportedly interested in finding “red tape obstacles to a green economy”. At one level, this is good news; I’m glad to hear of any government trying to build a green economy. The International Energy Agency issued an extraordinarily bleak report last week abou…
View the post titled Red tape, green economy?The Green World Economy
The question for Canada is: will we be one of the winners, or one of the losers of this great transition?
View the post titled The Green World EconomyHome Insurance and the Pollution Exclusion
A BC court has upheld the pollution exclusion in a home insurance policy. The issue was the scope of the “pollution exclusion” clause in a policy of home insurance issued by the defendant, BCAA Insurance Corporation, to the plaintiff, Brian Corbould. Corbould sought a declaration of coverage…
View the post titled Home Insurance and the Pollution ExclusionPeak oil: Who worries?
A surprising variety of knowledgeable people are worrying about peak oil: Petrobras, for example, the Brazilian state oil company. The International Energy Agency. Sir Richard Branson, founder of the Virgin Group. The City of Bloomington, Indiana. The chairperson of Total Oil. Will peak oil …
View the post titled Peak oil: Who worries?Financial assurance: what counts?
Detox appealed the Ministry demand for $100,000 in financial assurance for transportation accidents relating to PCBs. As Detox pointed out, it holds $5 million of vehicle insurance, to cover precisely the same sort of accidents, and the MOE's amount, $100,000, was almost certainly inadequ…
View the post titled Financial assurance: what counts?Receive Blog Posts
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