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Bankruptcy and Insolvency

Acting on Behalf of Companies, Individuals and Bankruptcy Trustees

At Gourlay Spencer Wade LLP, our lawyers are well known and frequently referred to for their knowledge and expertise in cases that raise issues of bankruptcy and insolvency. We have acted in several significant cross-border bankruptcies, and we commonly act on behalf of the following types of clients in insolvency matters:

  • Debtors in default: Our lawyers have been successful in seeking court approval of business and individual debtor reorganization plans under the Bankruptcy and Insolvency Act and in obtaining court protection under the Companies' Creditors Arrangement Act.
  • Creditors seeking recovery: Our firm frequently helps creditors protect their rights and assert their claims against insolvent businesses and individuals in bankruptcy proceedings.
  • Bankruptcy trustees: Our lawyers frequently assist trustees in bankruptcy, including those from outside British Columbia and in the United States, with matters such as recovery of assets, proofs of claim, and fraudulent and preferential conveyance disputes.

Our lawyers have a comprehensive understanding of bankruptcy and insolvency law in Canada, and we are frequently called upon to advise clients on issues such as the validity and enforceability of security agreements and the priority of creditor claims. To schedule a meeting, please contact our offices in Vancouver at 604-800-4398 or by e-mail.

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