Strengthened CRA Super-Priority for GST
Jennifer Cook2020-12-17T19:01:54+00:00Until last year it was a common understanding that a bankruptcy triggers a priority reversal of CRA’s super-priority deemed trust claim for GST/HST debt, even if proceeds were recovered by a secured creditor prior to bankruptcy of the debtor. The bankruptcy of a debtor was pursued as a late stage step in a secured [...]