Legal experts highlight how companies in Canada can navigate the mounting economic pressures

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INSOLVENCY AND RESTRUCTURING

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First five months of 2025 see nearly 2,200 business insolvencies
This figure is 4.7 percent up from pre-pandemic five-month average of 1,626: CAIRP
BC Supreme Court upholds Australian orders issued in cross-border insolvency proceedings
Applicants unsuccessfully try to stop bankruptcy trustee from conducting examinations abroad
Ottawa's retaliatory tariffs may be remitted for automakers producing vehicles in Canada
This was among the measures established to shield Canadian businesses from tariff impacts
Business insolvencies in January up by 45 percent from pre-pandemic levels
Consumer insolvency filings in Canada averaged 361 per day early this year
Longtime retailer Hudson's Bay files for creditor protection in Ontario Superior Court of Justice
US-Canada trade issues contributed to the retailer's decline

LEADING LAWYERS IN INSOLVENCY AND RESTRUCTURING

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Darren D. O'Keefe
Year called to bar: 2008
St. John's, Newfoundland and Labrador
O'Keefe & Sullivan
Michelle N. Moriartey
Year called to bar: 2007
Vancouver, British Columbia
Ian A. Sutherland
Year called to bar: 1988
Saskatoon, Saskatchewan
McDougall Gauley LLP
Asif Abdulla
Year called to bar: 2013
Vancouver, British Columbia
John N. Gregory
Year called to bar: 1982
Vancouver, British Columbia
Andrew Hanrahan
Year called to bar: 2019
Toronto, Ontario

LEADING LAW FIRMS IN INSOLVENCY AND RESTRUCTURING

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Lax O'Sullivan Lisus Gottlieb LLP
Thornton Grout Finnigan LLP
FARRIS
Borden Ladner Gervais LLP (BLG)
McEwan Partners
Paliare Roland Rosenberg Rothstein LLP