Bankruptcy & Insolvency
Over the past two decades, BOYNECLARKE 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.
BOYNECLARKE 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 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.