With business insolvencies on the rise across the province, Dentons’ Vancouver Restructuring, Insolvency and Bankruptcy group is also expanding, adding material strength and expertise
VANCOUVER, B.C., January 13, 2025 — Amid mounting economic pressures, including changing interest rates, persistent inflation and significant corporate debt maturing in 2025, Vancouver’s business community faces rising restructuring and insolvency challenges.
In Nov. 2024, the Office of the Superintendent of Bankruptcy released statistics on the volume of Bankruptcy and Insolvency Act (BIA) insolvencies filed in Q3 2024, showcasing that year-over-year, total BIA business insolvencies in British Columbia have increased by 26.1% to 290…
