CCSC Brown Bag Lecture ~ What’s Fair in an Insolvency Process? Lessons from the Sale of Mountain Equipment Cooperative featuring Anna Lund

In September 2020, Mountain Equipment Cooperative’s (MEC) business was sold using the Companies Creditors Arrangement Act, a federal law designed to help big businesses facing financial difficulties. MEC’s directors negotiated and concluded the sale without input from MEC’s members. This result was inconsistent with the centrality of democratic decision-making to co-operative governance and struck many members as unfair. This presentation will highlight some of the ways in which insolvency law could have responded to the members’ concerns about unfairness and given them a voice in the insolvency proceedings.

Event Information

Date: Wednesday, March 2, 2022
Time: 12:00 pm – 1:00 pm (CST)