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A successful restructuring under the CCAA or BIA requires that the interests of all key stakeholders are suitably and fairly represented.  Representation orders can be an effective mechanism to give … Continue reading Representing Vulnerable Stakeholders in Insolvency Proceedings

So what is “Reshuffle” all about? The name implies chaos, disorder, and upsetting the status quo. While all of that is true, my focus in this blog is on shaking … Continue reading Welcome to Reshuffle

Inspired legal or financial strategies are at the heart of any successful workout, but it also takes considerable finesse to balance the interests of competing stakeholders in order to craft … Continue reading Cultural Matters in Fashioning a Cross-Border Workout

Following the U.S. financial meltdown that began in September 2008, stock markets around the world have experienced unprecedented volatility. While the impact of the crisis reverberated in many sectors, the … Continue reading When securities firms fail

New legislation in Canada has given super-priority rights to employees for unpaid wages and pension contributions, which rank ahead of existing secured creditors. On July 7, 2008 new legislation called … Continue reading Lenders beware – new employee super-priorities in Canada