Carleton University is pleased to congratulate Nick E. Milanovic, of the Department of Law and Legal Studies, who is co-recipient of the 2012 Lloyd Houlden Research Fellowship.

Milanovic’s research will look at the impact of Parliament’s decision to add legislation specifying that the full force of collective agreements remain in effect during insolvency proceedings.  His essay will review the status of collective agreements in bankruptcy law prior to the reforms and analyze the incentives created by the reforms by examining new case law and conducting interviews and a survey of insolvency professionals. The culmination of his research will be utilized to determine if the amendments have unduly interferred with or prevented the successful rescue of businesses subject to insolvency proceedings.

“As a retired judge, appointed by the Ontario government to arbitrate labour disputes in the health sector, the Honourable Lloyd Houlden produced a very strong and progressive award,” said Milanovic. “As a former labour lawyer, who participated in insolvency litigation at the Ontario Court of Appeal and the Superior Court before coming to teach at Carleton, I can think of no one better suited to represent the research I will conduct with this fellowship. Obviously, given his background, it’s a real honour to win an award in Lloyd Houlden’s name.”

The $20,000 scholarship is shared by Milanovic and co-recipient Prof. Gordon Hunter of the University of Lethbridge. Hunter is professor of Information Systems in the Faculty of Management at Lethbridge.  He has also been appointed Visiting Professor, Faculty of Business, Computing and Information Management, London South Bank University. Hunter has previously held academic positions at universities in Canada, Hong Kong and Singapore. His research paper will identify issues surrounding the insolvency process related to small businesses.

Milanovic is an adjunct research professor. He holds a Master of Laws degree from the University of Toronto and was called to the Bar in the Province of Ontario in 1996. Prior to joining the faculty at Carleton, Milanovic practised labour law. He has participated in litigation at all levels of Canada’s court and administrative law systems and in landmark international trade and human rights litigation in the United States.  Professor Milanovic has also testified before federal and provincial parliamentary committees on both domestic and international matters.

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 Brilliant Research. Brilliant Researchers:
Carleton University is a dynamic, interdisciplinary research institution located in Ottawa-Canada’s capital. It has innovative programs in sciences, engineering, arts, and public administration and has realized partnerships with numerous public and private sector organizations. Its strengths have led to international recognition for its faculty, as well as an ability to attract outstanding students.

Lloyd Houlden Research Fellowship:
The Canadian Insolvency Foundation (CIF) awards the annual Lloyd Houlden Research Fellowship, with a value of $20,000, to support research for a paper that addresses current issues in Canadian insolvency policy and practice. The award is named after Hon. Lloyd Houlden, Q.C., a distinguished retired Justice of the Court of Appeal of Ontario.  Authors from any part of the insolvency community – practicing trustees and lawyers, as well as academics and students – are eligible to apply.

Canadian Insolvency Foundation (CIF):
CIF is a not-for-profit multi-disciplinary organization founded by Canadian Association of Insolvency and Restructuring Professionals (CAIRP). It is dedicated to research and education related to insolvency and bankruptcy legislation and practices, both corporate and personal, and to the skills of restructuring, refinancing, corporate rescues and turnarounds. CIF is also to make reports and suggestions to Governments for improvements to laws that affect the effective operation of the system.

For more information
Steven Reid
Media Relations Officer
Carleton University
(613) 520-2600, ext. 8718
(613) 240-3305, ext. 8718
Steven_Reid3@Carleton.ca

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