Canadian Association of Insolvency and Restructuring Professionals

Hard-rocking, hard-working, hardcore professional October 8, 2023
CAIRP’s new Chair André Bolduc is a soft-spoken heavy metal enthusiast with experience, expertise, and the unwavering respect of his peers.
Cases we are Following
In Case You Missed It: Decisions on Our Radar October 8, 2023
The financial restructuring group at Davies Ward Phillips & Vineberg LLP is tracking the following cases. We have briefly described issues and updates for each case relevant to the CAIRP membership. Unless otherwise noted, the information in the chart is current to September 27, 2023—more recent developments in each case are not reflected.
CAIRP Chair's Reflections
Chair’s Message: Rebuilding Success October 8, 2023
As I write my final reflections as Chair of CAIRP, it is hard to believe that it has been more than 36 months since the COVID-19 pandemic hit. I don’t think any of us would have imagined in March 202...
Economic Commentary
More pain to come, as central banks draw closer to the end of a historic hiking cycle October 8, 2023
By Claire Fan, Economist, RBC Highlights * The Bank of Canada and U.S. Federal Reserve last year embarked on one of their most rapid rate hiking cycles since the 1980s, to tame rapidly accelerating...
Populism and Politics in Insolvency Legislation October 8, 2023
By Stephanie Wanke, Sr. Specialist Legal Editor, Thomson Reuters - Practical Law Canada, Insolvency and Restructuring Insolvencies are financial tornadoes, harming not just the debtor, but also employees,...
Future of Industry
The Inevitability of Artificial Intelligence October 8, 2023
What the meteoric rise of generative AI could mean for the insolvency profession
Corporate Insolvency
Looking Forward in Reverse: Recent Developments in Reverse Vesting Orders in Insolvency Proceedings October 8, 2023
By Jared Enns and Forrest Finn, Cassels Brock & Blackwell LLP -- I – INTRODUCTION -- In recent years, reverse vesting orders (“RVOs”) have become an important feature in restructuring proceedings...
Corporate Insolvency
Cryptocurrency and Securities in Bankruptcy: Different Fruits, Same Challenges October 8, 2023
Applying Part XII of the BIA to Cryptocurrency Platform Bankruptcies
Consumer Insolvency
Credit Reporting Errors – The Role of the LIT October 8, 2023
By Chelene Riendeau, CIRP, LIT, Vice President, Consumer Insolvency, MNP Ltd. You’ve issued the debtor a Certificate of Discharge or a Certificate of Full Performance and have sent them off, free from...
Book Review
An Overview of “Reinventing Bankruptcy Law”: A History of the Companies’ Creditors Arrangement Act October 8, 2023
Virginia Torrie, Associate Professor, University of Manitoba, Faculty of Law The Companies’ Creditors Arrangement Act (CCAA) has been on Canada’s statute books for almost 90 years. In the last four...
Historical Perspective
One Hundred Years of Bankruptcy and Insolvency Law in Canada October 8, 2023
July 1, 2020 marked the centenary of Canada’s foundational bankruptcy statute. Parliament passed the Bankruptcy Act in 1919 and it came into force the following year. The 100th anniversary of this statute...
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