Tag: Bankruptcy and Insolvency Act – BIA

Weathering the Economic Storm in Canada: Restructuring and Employees’ Rights

By Leanne Fioravanti and Stephen Acker In these tough financial times, a number of companies are trying to reorganize themselves in order to avoid insolvency or bankruptcy. In Canada, there are several laws that help facilitate this process: the Companies Creditors Arrangement Act (CCAA) and the Bankruptcy and Insolvency Act (BIA). For the most part, […]