Bankruptcy and Insolvency proceedings form an ever-increasing component of the normal business world. The various legislative regimes which govern such matters, including the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act, are complex and often difficult to interpret. Significantly, bankruptcy matters can attract a wide range of participants, from the most sophisticated and knowledgeable multi-national corporations to small, private homeowners, often in the same file.
In practice, bankruptcy issues and related hearings can raise their heads in nearly every area of law, sometimes interrupting or complicating an otherwise simple dispute. An informed and particularized expertise is almost always needed to navigate those issues and allow a party to choose the right way forward.