Insolvency Insider provides the following analysis of the 64 insolvency filings highlighted in Q2 2023:
- Manufacturing led all industries with 13 filings mentioned, followed by real estate with 9 filings, and cannabis and distribution with 6 filings each.
- 31 filings mentioned were in Ontario, followed by 11 in Alberta and 7 in British Columbia.
- 17 CCAA filings were mentioned (one of which filed in late Q1 2023). EY acted as monitor in 5 of these filings, followed by KSV in 3 filings. Several other firms had one or two appointments.
- Miller Thomson was engaged on 4 CCAA files as company counsel, followed by Stikeman Elliott, MLT Aikins and McCarthy Tétrault with 2 engagements each. Several other firms had one engagement.
A summary of insolvency filings from Q1 2023 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.