RE: CCAA does not supersede Quebec law!! Again Lion this has no point to it. It is not a Provincial Federal law confrontation.
When a company goes bankrupt and is dissolving the CCAA court appoints a Monitor as essentially a bill collector for the company that they now reside over. The monitor will go after any assets that the feel the company may be entitled to and a lot of times ownership and right are challenged in the courts and the courts find that the company has no rights to that money and therefore the CCAA monitor can not pursue collection. That is a totally different subject and discussion. If YLO ever goes bankrupt and they are dissolving the company under CCAA, then we can discuss individual cases of success or failure of the CCAA monitor trying to collect assets on behalf of the company.