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...

Is a “perfect storm” of economic factors setting the stage for a big spike in insolvencies in the next few years?

by Natasha MacParland, Partner, Davies Ward Phillips & Vineberg LLP The financial restructuring group at Davies Ward Phillips & Vineberg LLP is tracking the following appeals. We have briefly described...

As I reflect on the last few months this fall and winter, I have to admit it has been hectic, a beehive of activity. In this Chair’s message, I want to focus on a few of the items that have kept us...

Stephen Poloz, Special Advisor with Osler, Hoskin, and Harcourt, and Author of “The Next Age of Uncertainty” The Canadian economy was in excellent shape when the pandemic struck in early 2020. Inflation...

Shaun Parsons, Associate, Reconstruct LLP Sponsored Content The commencement of contentious insolvency proceedings can slip into a tug-of-war for control of the process between the debtor entity and...

Full Professor Aurore Benadiba, LL.D., Université Laval The COVID-19 pandemic has had significant economic and social impact on many micro, small and medium-sized enterprises (MSMEs) in Quebec and across...

By Ian McMillan, Paul Blizzard, and Leanne Young, Bereskin & Parr LLP Intellectual property (IP) plays a central role in the innovation economy. IP rights help foster innovation by providing inventors...

Matilda Lici The emergence of COVID-19, and the ensuing government mandates and public health measures, threw a wrench in commercial relationships. The retail sales sector was dramatically affected,...

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...

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...