Apr 14, 2023
A Summary of Q1 2023 Insolvency Filings
Insolvency Insider continues to provide a detailed overview of the latest insolvency filings in Canada. We have summarized the most relevant information of the Q1 2023 insolvency filings for those who practice on the Commercial List here.
Insolvency Insider provides the following analysis of the 53 insolvency filings highlighted in Q1 2023:
- Professional services led all industries with 8 filings mentioned, followed by real estate and technology with 5 each.
- 27 filings mentioned were in Ontario, followed by 9 in British Columbia and 7 in Alberta.
- 15 CCAA filings were mentioned. PwC and A&M acted as monitor in 3 of these filings each, followed by FTI, Deloitte and Grant Thornton / Raymond Chabot in 2 each. Several other firms had one appointment.
- Company counsel on these CCAA filings were quite well spread out. Osler was engaged on 3 CCAA files as company counsel, followed by Stikeman Elliott, Miller Thomson and MLT Aikins with 2 engagements each. Several other firms had one engagement.
A full-year summary of insolvency filings from 2022 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.