Davies Insolvency Now, October 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 also look at the role of AI tools in corporate insolvency practice from predicting credit default to alternative dispute resolution processes and more.
Davies Insolvency Now is a biannual publication that analyzes key trends and developments in insolvency and restructuring.
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...
Rolling Into 2023: Mild Slumps and Jumps in Insolvency Numbers
Mar. 09, 2023 - What does a “rolling recession” mean from an insolvency perspective? In this issue of Davies Insolvency Now, we look to the 2022 Q4 data from across Canada for answers. We also set out the court-supervised arrangement process under the Canada Business Corporations Act, an...
