Does depositing disputed funds with a lawyer create a trust that removes those funds from a debtor’s estate in insolvency proceedings?
Court appoints Alvarez & Marsal after years of loan extensions, failed sale process and environmental concerns at Mississauga retail centre
Creditor protection granted after shareholder disputes and liquidity pressures push company toward insolvency
Insolvent technology provider pursues NOI restructuring while negotiating asset sale with MNP Digital
Declining membership sales and rent arrears force Innovative Fitness Bloor into bankruptcy with $1.43 million in liabilities
Settlement obligations, tariff pressures and threatened US enforcement drive restructuring
Massive Hash Factory, CannMart, and ANC launch restructuring process after tax arrears trigger regulatory enforcement risk