A recent survey completed by AlixPartners identified that the retail industry has been and will continue to be, the industry in the US most impacted by technology disruption.

If you are the owner of a small business that has fallen on tough financial times, given the current economic downturn, you are certainly not alone. This doesn’t make it any easier.

Both parties in a creditor-debtor relationship benefit from clear communication, mutual respect, and a shared understanding of the facts. Viability assessments are one tool for achieving that.

This is a question that gets asked quite frequently in insolvency files. Do we have any rights? If so, what are they?

There are a multitude of reasons as to why an individual or business might be experiencing financial difficulties. It’s important to know that you’re not alone — and you have options.

According to a recent Supreme Court of Canada decision released on Thursday, January 31, 2019, the assets of insolvent exploration and production companies must go first to reclaiming abandoned wells before paying creditors.

The agricultural industry is influenced by a multitude of factors, many of which are beyond the control of a local producer.

Chapter 11 is a Chapter of the U.S. Bankruptcy Code that generally provides for the reorganization of corporations, partnerships or proprietorships.

While the story of Bre-X certainly played out like a movie script, like most Canadian scandals, it garnered little interest outside of the mining industry south of the border, especially, almost 20 years later.

Assessing whether your client is experiencing financial distress does not require access to detailed financial information, but rather facts which are readily available if you keep a keen eye and watch for them.