Newfoundland and Labrador v AbitibiBowater Inc is best known for supporting the proposition that
A) an insolvent insurance company must use the Winding-Up and Restructuring Act rather than the Bankruptcy and Insolvency Act or the Companies' Creditors Arrangement Act.
B) debts arising from a student loan remain enforceable even after a discharge from bankruptcy.
C) a province can avoid the effects of a stay under the CCCA by dressing up a claim for money to look like an order to remediate a work site.
D) a province is entitled to suspend the driver's license of a person who has failed to pay a provincial debt, even if that person has been discharged from bankruptcy.
E) since bankruptcy is primarily a business issue, a court should apply a provincial statute rather than the Bankruptcy and Insolvency Act whenever there is a conflict between the statutes.
Correct Answer:
Verified
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