Monday April 6, 2020

Examinership is no guarantee of survival

Even at the height of the good times, businesses found themselves in need of the protection of the court in order to recover from what would otherwise have been a fatal blow.

21st February, 2009

Even at the height of the good times, businesses found themselves in need of the protection of the court in order to recover from what would otherwise have been a fatal blow.

But during the good times, examinership (once a company had qualified for it) was an extraordinarily successful mechanism of corporate recovery. Those times have passed, however, and examinership is no longer as infallible as it once seemed. Largely because of this, courts are...

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