We provide a practical and solution driven approach to handling complex insolvencies and restructurings.
Over the past two decades, BOYNECLARKE LLP Insolvency lawyers have acted on behalf of creditors in many of the major insolvencies that have occurred in Nova Scotia. Our Team has extensive experience representing secured creditors. We act on behalf of some of the leading financial institutions in the province including banks, mortgage lenders, credit unions, and other financial institutions. In these representations, our efforts are focused on the realization of indebtedness, recoveries, and workouts.
The fact that we are a large firm with a number of diverse practice areas offers our clients a distinct advantage. Whenever an issue arises requiring specific knowledge, we consult with lawyers experienced in other practice areas, notably the Litigation, Financial Services, Tax, Employment, and Regulatory teams. This multi-disciplinary approach allows us to seamlessly solve challenges and provide integrated solutions to meet the client’s needs.
BOYNECLARKE LLP Insolvency lawyers work in close collaboration with the firm’s commercial litigators to pursue and defend cases at the various levels of court up to the Nova Scotia Court of Appeals. Working collaboratively, we pursue and collect monies due on contracts by way of court action, mechanic’s liens, and executions.
Our Insolvency lawyers also act on behalf of a diverse group of clients such as debtor companies, either assisting them in defending themselves or overseeing activities of creditors in realization. We assist them in reorganizing their debt, including developing proposals under the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act.
In addition, we have extensive experience in dealing with other insolvency practitioners including trustees in bankruptcy and receivers.
Insolvencies and restructurings involve tight deadlines and a complex range of legal and business issues, for which we work effectively and efficiently negotiating solutions that benefit the client.