An informal workout is a contractual agreement by a company in financial difficulty with all or some of its creditors to compromise its debt. The terms of the agreement are not restricted by any particular law or statute and therefore are only limited by the imagination, expertise, and creativity of the participants and their advisors.
One [...]
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Found a great resource for the UK market, InsolvencyBlog.com run by Chris Laughton. Worth checking out for the UK market.
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Our Reorganization and Debt Restructuring practice assists the financially troubled or under-performing company in tailoring a business solution and in the implementation of that solution. We are “hands-on” in our approach and strive to enhance shareholder value. We work in partnership with you.
This part of our practice has evolved to respond to small and mid-sized [...]
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In addition to the Bankruptcy and Insolvency Act (“BIA”) Canada, landlord and tenant issues are governed by the following statutes in British Columbia:
Commercial Tenancy Act
Rent Distress Act
Residential Tenancy Act
Boale, Wood and Company Ltd. is an insolvency firm in Vancouver, BC, Canada
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