Insolvency Insider provides the following analysis of the 52 insolvency filings highlighted in Q1 2022:
- Real estate led all industries with 10 filings mentioned, followed by oil and gas with 5 and several industries with 4 each (cannabis, food & accommodation, mining and retail).
- 24 filings mentioned were in Ontario, followed by 9 in Alberta and 6 each in Quebec and British Columbia.
- 3 CCAA filings were mentioned. Richter, Deloitte and Grant Thornton each had one appointment as monitor.
- Company counsel on these CCAA filings were Kaufman Lawyers, Miller Thomson and Cox & Palmer.
A summary of insolvency filings from 2021 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.