COVID-19: Financing and Insolvency Resources

Banking and Financing

Over the course of the pandemic, lenders and borrowers in Canada have worked to address the specific and immediate liquidity issues that borrowers are facing as they attempt to honour their pre-pandemic commitments.

COVID-19 Legal Update: Amendments to the Guarantees Acknowledgement Act (Alberta) (August 25, 2020)
COVID-19: Market Developments in Banking and Finance (March 30, 2020)

Insolvency and Restructuring

Like our financial advisory counterparts, we are seeing a large increase in inbound calls from debtors, lenders and other stakeholders who are worried about what the COVID-19 pandemic means for them. Our restructuring and insolvency practitioners across Canada are working with clients to achieve the best possible outcomes in a challenging situation.

In This Together: Canada’s Debtors and Lenders Take a Calm and Cautious Approach (April 1, 2020)
Remedies for COVID19 Anticipating Identifying and Dealing with Contractual Defaults (March 31, 2020)