CAIRP’s new Chair André Bolduc is a soft-spoken heavy metal enthusiast with experience, expertise, and the unwavering respect of his peers.

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.

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...

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...

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,...

What the meteoric rise of generative AI could mean for the insolvency profession

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...

Applying Part XII of the BIA to Cryptocurrency Platform Bankruptcies

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...

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...

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...