Debunking Five Fallacies About Financial Distress

June 22, 2022

From the outside looking in, the world of corporate restructuring may appear daunting and complex. However, there are many misconceptions about the process and what it entails. Nerina Jahja dispels some common restructuring myths and…

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When Shareholders Revolt: Succession Planning and Disputes

May 16, 2022

Family business succession is complicated, even at the best of times, but becomes even more challenging when stakeholders refuse to play nice. Paul Denton shares a cautionary tale on how picking the wrong buyer can…

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High Stakes: Understanding a Stalking Horse Sale Process

March 3, 2022

In simplest terms, a stalking horse process aims to find a buyer for a company's distressed asset. After an initial bidder is found, establishing a floor price, the process is opened to a potentially…

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Searching for Solid Ground in Commercial Real Estate

December 15, 2021

Uncertainty and doubt—two words no one likes to hear. Over the course of the pandemic, the commercial real estate sector has seen its ups and downs, depending on the industry. As we enter 2022…

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Once Partners, Now Enemies: How to Manage Shareholder Disputes

October 27, 2021

Disagreements between business partners are a grim reality when operating a private company. However, if these little squabbles snowball into full blown shareholder disputes, it’s time to seek help before it’s too late…

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Can I Be Held Personally Liable For Company Debts?

August 20, 2021

In our previous articles, where we help business owners and directors navigate various financial challenges, we discussed the importance of consulting with a licensed insolvency trustee (LIT) and the various options available when experiencing financial…

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My Company Is Insolvent—What Are My Options?

June 16, 2021

After running the numbers, you’ve determined your company is insolvent. With that in mind, what are your options as a business owner? Although it may seem like a dire situation, there can be positive…

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A Cautionary Tale in Bankruptcy: When HST Came Back to Bite

April 20, 2021

In the past 18 months, the CRA has become more active in reversing the input tax credits on HST payables for bankrupt companies, on the premise that underlying payables will not be paid. John Hendriks…

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Is My Company Insolvent?

January 20, 2021

While the retail and hospitality industries dominant the headlines, businesses all over Canada are feeling the pinch. As the pandemic moves into a new year, it’s important for businesses to take stock of their…

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