Guide

Financial Gloom and the Increase in Insolvency Filings

Davies Insolvency Now, Issue 7

Authors: Natasha MacParland, Robin B. Schwill and Stephanie Ben-Ishai

In this issue of Davies Insolvency Now, we highlight the significant data points in rising insolvency filing rates and provide a Canadian lens on the digital asset marketplace. With recent drops in crypto prices severely affecting several digital asset lenders and exchanges, we explore what this could mean in the Canadian context – in particular, what could be in store for the key players in a cryptocurrency exchange insolvency.

Read the current issue.

Davies Insolvency Now is a quarterly publication that analyzes key trends and developments in the insolvency and restructuring industry.

Related

2023 Business Insolvencies in Canada

Mar. 05, 2024 - 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...

Business Insolvency on the Rise in Canada: Understanding the Role of AI

Oct. 12, 2023 - The first half of 2023 saw a significant increase in business insolvencies as economic sectors responded to uncertain financial conditions in Canada and around the world. In this issue of Davies Insolvency Now, we examine the impact of this rolling recession by sector and region. We...