Oct 28, 2022
A Summary of Q3 2022 Insolvency Filings
Insolvency Insider has provided a detailed overview of the insolvency filings in Canada from the last quarter. We have summarized the most relevant information of the Q3 2022 insolvency filings for those who practice on the Commercial List here.
Insolvency Insider provides the following analysis of the 53 insolvency filings highlighted in Q3 2022:
- Real estate led all industries with 8 filings mentioned, followed by manufacturing and technology with 6 each and cannabis with 5.
- 26 filings mentioned were in Ontario, followed by 11 in Alberta and 7 in British Columbia.
- 7 CCAA filings were mentioned. 7 different firms were appointed as monitor: Crowe MacKay, EY, FTI, Grant Thornton, KSV, Mallette and PwC.
- 7 different law firms acted as company counsel in these CCAA proceedings: Bennett Jones, Blakes, BoyneClarke, Cassels, Clarke Wilson, Daigle & Matte and North & Company.
A summary of insolvency filings from Q2 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.