There are two statues which govern this area of law – the
Bankruptcy and Insolvency Act (“BIA”) and the Companies’
Creditors Arrangement Act (“CCAA”)
Often seen as the forced end to litigation by frustrated plaintiffs,
the BIA and CCAA actually gives a wide range of rights to parties
who know its provisions and can take advantage of the special circumstances
which might exist in a particular case.
We have acted for trustees, receivers, debtors and creditors in
the application and determination of rights under these two statutes.
Often the availability of a given option – or the commercial
sense of it – depends on quick action, and DUNLOP & ASSOCIATES
have the experience to advise you immediately on how you should
deal with insolvency problems.
Does your case qualify as a judgment which will survive bankruptcy?
Are you entitled to demand certain minimum standards in a proposal
Can you force the trustee to take action where you feel there are
more assets being concealed?
Call us for a review of your case, and some preliminary advice.