It was a kind of pick-your-own-adventure approach to economic prognostication.

The financial restructuring and litigation groups at Davies Ward Phillips & Vineberg LLP are 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 February 4, 2024—more recent developments in each case are not reflected.

The theme of this issue of Rebuilding Success, extreme turbulence with a chance of hurricanes, sums up the start of 2025. Particularly given the challenging economic times ahead brought on by global instability...

By Lynn Greiner Over the past decade, many LITs have found that traditional restructuring options such as negotiating with creditors and filing proposals or plans of compromise are increasingly no longer...

By Marc-André Morin, Partner and Éliane Dupéré-Tremblay, Associate, Fasken -- Overview: -- Recent court decisions in Québec have provided clarity on the application of the Wage Earner Protection...

By Dr. Virginia Torrie, JD, LLM, PhD, ICD.D Canadian farms face various economic pressures from fluctuating commodity prices, rising operational costs, and the impacts of climate change. In recent years,...

By Douglas Porter, CFA, Chief Economist and Managing Director, BMO Financial Group In the opening months of 2025, economic forecasters are dealing with a serious bout of cognitive dissonance—we keep...

By Michael Turcsanyi, CEO, TruPoint Sponsored Content -- Introduction -- Artificial Intelligence (AI) is rapidly transforming business operations across industries, and bankruptcy firms are no exception....

By Rachid Benmokrane, Partner and Valerie Di Lena, Associate, Gowling WLG In the world of insolvency, where financial distress may cloud judgment and behavior, the duty of good faith is paramount and...

By Donna Collins, FCIRP (ret.) In any given year, a high percentage of CAIRP’s members volunteer their time and expertise in some capacity. These volunteers have discovered the secret of volunteerism: You...

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...

Building on a rich legacy of rebuilding success with a strong volunteer-centric culture

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 July 31, 2024—more recent developments in each case are not reflected.

At CAIRP’s recent Annual General Meeting (AGM), we marked CAIRP’s 45th anniversary. It is hard to believe 45 years have passed since the Association was formed. Over the years, CAIRP and the industry...

By Chris Nyberg, Partner, MLT Aikins LLP & Kaitlin Ward, Associate, MLT Aikins LLP Since the release of Tantalus Labs Ltd. (Re), 2023 BCSC 1450 ("Tantalus"), a decision of the British Columbia Superior...

Supreme Court holds that Administrative Disgorgement Orders Survive Bankruptcy but Administrative Monetary Penalties Do Not

By Alexis Teasdale, Partner, Lawson Lundell LLP and Vanessa Allen, Senior-Vice President, MNP Ltd. This paper will use legal descriptions currently in use in Federal legislation, but the authors recognize...

Why insolvency professionals love what they do

By Julien Morissette, Lawyer and Partner, Osler, Hoskin & Harcourt Introduction When a business is on the “verge of insolvency”, the ground is often fertile for liability claims against the directors...

By Michael Turcsanyi, CEO, TruPoint Sponsored Content -- Introduction -- It seems like every day we hear how about another business or entire industry is being hit hard by Cyber Security incidents....

By Matilda Lici, Associate, Aird & Berlis LLP The Ontario Superior Court of Justice in Re Singh, 2024 ONSC 837 recently considered whether courts have the authority under the Bankruptcy and Insolvency...

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...