Business Solutions & Restructuring - Davis LLP
The global economy remains volatile and uncertain. Despite glimpses of widespread recovery since the 2008 downturn, world market turbulence prevails. We observe wild fluctuations from one day to the next. For business, it can be a financial roller-coaster. The Canadian economy has maintained an edge but remains far from invincible. Canadian businesses, particularly those with cross-border operations and customers in harder-hit economic regions, have felt the impact—some more than others. The ongoing volatility forces them to make swift short-term decisions, which will most certainly affect long-term plans. Some will need to re-evaluate entirely to determine the path of least fiscal injury. The Davis LLP Business Solutions & Restructuring Group assists all insolvency and financial stakeholders by providing strategic advice and advancing appropriate resolutions to their situations. We provide advice regarding security instruments, registrations and priority of claims and secured charges, the Personal Property Security Act, Bankruptcy and Insolvency Act, Companies’ Creditors Arrangement Act, Income Tax Act and other financial and other federal and provincial legislation affecting debtors and creditors. With traditional and practical techniques as a platform, we develop and implement innovative strategies to maximize benefit and minimize risk. |