Nov. 19, 2024 - In this issue of Insolvency Now, we report on the data trends we are seeing so far in 2024 compared with when we first started tracking data in 2019. Key Takeaways: Overall, we are seeing a marked increase in filings, but we are not yet seeing the level of sector-specific distress...
Business Insolvency on the Rise in Canada: Understanding the Role of AI
Davies Insolvency Now, October 2023
The first half of 2023 saw a significant increase in business insolvencies as economic sectors responded to uncertain financial conditions in Canada and around the world.
In this issue of Davies Insolvency Now, we examine the impact of this rolling recession by sector and region. We also look at the role of AI tools in corporate insolvency practice from predicting credit default to alternative dispute resolution processes and more.
Davies Insolvency Now is a biannual publication that analyzes key trends and developments in insolvency and restructuring.
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2023 Business Insolvencies in Canada
Mar. 05, 2024 - As we predicted in earlier issues of Davies Insolvency Now, the year 2023 reflected the anticipated increase in business insolvency activity. In this issue, we perform a comparative review of business insolvencies from 2023, examine the fluctuating volume and decreasing asset values, look...