Business Insolvency on the Rise in Canada: Understanding the Role of AI

Natasha MacParland, Robin Schwill and Stephanie Ben-Ishai of Davies examine insolvency data for Q1 and Q2 2023 to determine which sectors were particularly affected, and discuss how AI tools can improve an insolvency practitioner’s work efficiency and quality, including in the fields of data capture, process automation, error detection and real-time document processing.