Amy owns a commercial property in the GTA that she decides to sell. She enters into an Agreement of Purchase and Sale (“APS”) to sell her property to Bob for $10m. The completion date stated in the APS is December 1, 2024. December 1 arrives, and Bob fails to tender the purchase price. The market is falling, and Amy is not happy. She can no longer sell her property for…
Bankruptcy and Insolvency
With over thirty years managing commercial and family disputes, we are well positioned to give practical and sophisticated advice in managing claims against insolvent debtors and trustees in bankruptcy on a range of commercial and personal bankruptcy issues.
Some of our most noteworthy cases involve commencing and responding to appeals of trustees’ decisions, removal and appointment of trustees and advising on a host of priority matters.
We also have a wide range of experience in identifying claims that may survive bankruptcy and can be successfully commenced and in dealing with non-compliant debtors.
However, what is often most important is advice. Planning ahead and developing strategies for trustees, creditors and debtors transcends understanding the technical intricacies of bankruptcy law. It requires experience and strategic thinking, which are critical to obtaining controlled and optimal results for our clients.