Debunking Five Fallacies About Financial Distress

June 22, 2022

From the outside looking in, the world of corporate restructuring may appear daunting and complex. However, there are many misconceptions about the process and what it entails. Nerina Jahja dispels some common restructuring myths and…

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When Shareholders Revolt: Succession Planning and Disputes

May 16, 2022

Family business succession is complicated, even at the best of times, but becomes even more challenging when stakeholders refuse to play nice. Paul Denton shares a cautionary tale on how picking the wrong buyer can…

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High Stakes: Understanding a Stalking Horse Sale Process

March 3, 2022

In simplest terms, a stalking horse process aims to find a buyer for a company's distressed asset. After an initial bidder is found, establishing a floor price, the process is opened to a potentially…

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Once Partners, Now Enemies: How to Manage Shareholder Disputes

October 27, 2021

Disagreements between business partners are a grim reality when operating a private company. However, if these little squabbles snowball into full blown shareholder disputes, it’s time to seek help before it’s too late…

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Can I Be Held Personally Liable For Company Debts?

August 20, 2021

In our previous articles, where we help business owners and directors navigate various financial challenges, we discussed the importance of consulting with a licensed insolvency trustee (LIT) and the various options available when experiencing financial…

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My Company Is Insolvent—What Are My Options?

June 16, 2021

After running the numbers, you’ve determined your company is insolvent. With that in mind, what are your options as a business owner? Although it may seem like a dire situation, there can be positive…

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A Cautionary Tale in Bankruptcy: When HST Came Back to Bite

April 20, 2021

In the past 18 months, the CRA has become more active in reversing the input tax credits on HST payables for bankrupt companies, on the premise that underlying payables will not be paid. John Hendriks…

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Is My Company Insolvent?

January 20, 2021

With high interest rates and rampant inflation, it’s important for businesses to take stock of their financial situation and address early triggers before they morph into bigger problems. In a series tailored specifically to…

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Capital Reserves: How to Win with Your Balance Sheet

September 3, 2020

It’s always good to have options—especially when the unexpected happens. In his latest article, Derek Church compares the parallels of military and business tactics. While these may seem like completely different worlds, there…

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Insolvency Matters During COVID: New Challenges for the Courts

August 4, 2020

Over the past four months, every industry has witnessed major shifts in their respective worlds. The insolvency and restructuring community is no different. COVID-19 has introduced a host of unique situations and restructuring professionals…

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