As we predicted in earlier issues of Davies Insolvency Now, the year 2023 reflected the anticipated increase in business insolvency activity. In this issue, we perform a comparative review of business insolvencies from 2023, examine the fluctuating volume and decreasing asset values, look at how CCAA activities surged, breakdown small business insolvencies and present a snapshot of leave applications to the Supreme Court of Canada.
Please see full publication below for more information.
Insolvency NowBusiness Insolvencies in Canada Hit a Record Post-Pandemic High in 2023Issue 10ContentsBusiness Insolvencies in 2023: A Comparative Overview 02Receiverships: Fluctuating Volume and Decreasing Asset Values 05CCAA Activity Surged in 2023: Fou…
Read the full article at: https://www.jdsupra.com/legalnews/2023-business-insolvencies-in-canada-4748761/