Jul 15, 2021
A Summary of Q2 2021 Insolvency Filings
Insolvency Insider continues to provide a detailed overview of the latest insolvency filings in Canada. We have summarized their findings to capture the most relevant information of the Q2 2021 insolvency filings for those who practice on the Commercial List here.
Insolvency Insider provides the following analysis of the 51 insolvency filings highlighted in Q2 2021:
- Real estate led all industries with 10 filings mentioned, followed by construction, financial services, food and accommodation, manufacturing, oil and gas, and transportation with 3 filings each.
- 21 filings mentioned were in Ontario, followed by 14 in Alberta and 5 in Quebec.
- 6 CCAA filings were mentioned (including one that occurred in Q1). EY had 2 appointments as monitor and Deloitte, FTI, MNP and Raymond Chabot each had one appointment.
- Six different law firms were engaged as company counsel in these CCAA proceedings: Bennett Jones, Dentons, McCarthy Tétrault, Miller Thomson, MLT Aikins and Osler.
A summary of insolvency filings from Q1 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.