The current pandemic is not just a health crisis. The economic slowdown created by COVID-19 has pushed entire sectors of the economy into financial crisis.
We don’t know much about viral pandemics, but we do know a lot about financial crisis, and what options are open to struggling businesses.
We regularly advise financially-challenged businesses on the solutions available to them.
On this page you will find a list of blog posts designed to answer Frequently Asked Questions that arise for businesses during economic downturns with specific reference to the situation created by the pandemic.
We will be adding to this content on a regular basis so check back often.
Retail businesses continue to suffer
October 1, 2020 Business Restructuring and Workouts, COVID-19, NewsView Post
COVID-19 is not an excuse for a fraudulent conveyance
April 30, 2021 Bankruptcy and Insolvency, COVID-19, Creditor Claims and RemediesView Post
Extending a notice of intention to file a proposal beyond 6 months permitted in COVID-19 pandemic
January 4, 2021 Bankruptcy and Insolvency, COVID-19, NewsView Post
Cannabis businesses and insolvency – a whole new frontier
April 30, 2020 Bankruptcy and Insolvency, Business Restructuring and Workouts, Cannabis, COVID-19View Post
Consolidation in cannabis industry continues
July 11, 2022 Business Bankruptcy, Cannabis, CCAA Restructuring, COVID-19, Insolvency and Restructuring, NewsView Post
COVID-19 FAQ: commercial rent and leases
April 2, 2020 COVID-19, NewsView Post
COVID-19 FAQ: access to the courts for insolvency matters
April 6, 2020 COVID-19, NewsView Post
COVID-19 FAQ: protecting assets from creditors
April 7, 2020 COVID-19, NewsView Post
COVID-19 FAQ: commercial rents and GST remittances
April 20, 2020 Commercial Lease Disputes, COVID-19, NewsView Post
Director’s liability and COVID-19
May 7, 2020 Bankruptcy and Insolvency, COVID-19, NewsView Post
British Columbia fitness chain seeks creditor protection
May 8, 2020 Bankruptcy and Insolvency, Business Restructuring and Workouts, COVID-19View Post
Another Canadian landmark enters bankruptcy protection
June 22, 2020 Bankruptcy and Insolvency, Business Restructuring and Workouts, COVID-19, NewsView Post
Extension of timelines in insolvency proceedings
June 23, 2020 Bankruptcy and Insolvency, COVID-19, Creditor Claims and Remedies, NewsView Post
Creditor protection increasingly needed
August 13, 2020 Bankruptcy and Insolvency, Business Restructuring and Workouts, COVID-19, NewsView Post
Extension of the redemption period in foreclosure actions and dueling valuations
October 1, 2020 Bankruptcy and Insolvency, COVID-19, Mortgages and Foreclosure, NewsView Post