Insolvency proceedings almost always result in one or more parties receiving less than they expected or anticipated.  The need for insolvency proceedings is a direct response to an entity’s inability to repay its creditors, continue to operate and/or respond to one or more legal proceedings.  Disputes frequently arise as a result of insolvency proceedings – including allegations of fraud, terminations of contracts, breaches of agreements, inappropriate valuation and disposal of assets, actions of landlords, and seizing of assets.

CHS has been involved in many domestic and cross-border disputes resulting from CCAA or other Insolvency proceedings. We are often retained by one or more parties (creditors, shareholders, lenders) to investigate and quantify the effects of allegations – in terms of value determination, but-for scenario modelling, loss quantification for one or more parties, and providing expert opinion reports and testimony when needed. We have also been engaged by Receivers and Trustees in Bankruptcy to assist them in discharging their duties.  Given our independent position, we are able to act for any party.