Insolvency Insider provides the following analysis of the 203 insolvency filings highlighted in 2021.
- Real estate led all industries with 37 filings mentioned, followed by oil and gas with 18 and construction with 15.
- 99 filings mentioned were in Ontario, followed by 45 in Alberta and 24 in Quebec.
- 26 CCAA filings were mentioned. EY was the monitor in 6 of these filings, followed by FTI in 4, and MNP and Deloitte in 3 each. Several other firms had one or two appointments.
- Company counsel on these CCAA filings was quite well spread out. MLT Aikins and Stikeman Elliott were each engaged on 3 CCAA files as company counsel, followed by Bennett Jones, Goodmans, McCarthy Tétrault, Osler and TGF with 2 engagements each. Several other firms had one engagement.
A summary of the insolvency filings highlighted from 2020 can be found here.
About Insolvency Insider
Insolvency Insider, founded by Henry Louis, is a digital media company focused on the insolvency and restructuring industry in Canada. The platform provides information and coverage of the latest insolvency filings, court cases, news and more.