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insolvency laws

By McCarthy Tétrault LLP | 5 Minutes Read April 3, 2020

COVID-19 : Available solutions to the challenges resulting from the current crisis and the different restructuring alternatives at your disposal

Never before in history have businesses of all sizes and of all or almost all industries faced a crisis resulting from a simultaneous decline of supply and demand. The resulting liquidity crisis is creating pervasive insecurity among the managers of businesses and the stakeholders of those businesses, including their employees, shareholders, customers, suppliers, creditors and the communities in which the businesses operate.

Article by McCarthy Tétrault LLP / Business, Finance and Accounting / Bankruptcy and Insolvency Act, Companies’ Creditors Arrangement Act, insolvency laws, restructuring Leave a Comment

By McCarthy Tétrault LLP | 4 Minutes Read December 13, 2019

Insolvency amendments now in force under the BIA and CCAA

Extensive amendments to the Bankruptcy and Insolvency Act and Companies’ Creditors Arrangement Act coming into force on November 1, 2019 through Bill C-97 will have a significant effect on certain aspects of insolvency proceedings commenced after that date.

Article by McCarthy Tétrault LLP / Business, Finance and Accounting / Bankruptcy and Insolvency Act, Companies’ Creditors Arrangement Act, insolvency laws, look-back provisions, statutory duty of good faith

By Occasional Contributors | 4 Minutes Read November 7, 2017

When federal insolvency laws and provincial labour laws collide

The intersection between insolvency law and labour law has long created a struggle between balancing the rights of employees and maintaining a mechanism for restructuring or liquidating distressed companies.

Article by Occasional Contributors / Business, Finance and Accounting, Payroll / insolvency laws, provincial labour laws, unfair labour practices, union certification, union certification application, unionized workplace

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