Category: Best Commercial Bankruptcy Lawyers

Informal restructuring serves to solve short- or medium-term financial problems. This solution enables the company to apply turnaround measures without having to resort to the Bankruptcy and Insolvency Act. A company can consider this solution if it has few creditors, if the cause of insolvency is already known, and if turnaround measures can be rapidly applied. If the situation allows,...

Corporate bankruptcy may be considered when the capital to restart a company is lacking, when profit expectations are put into doubt, or when the directors lack the desire to continue their commercial activities. A company in a difficult financial situation can resort to the services of a Ginsberg Gingras Licensed Insolvency Trustee for an orderly resolution. An insolvent company is...