Corporate Recovery
& Restructuring
We work with companies in financial turmoil. Our adept team provides efficient and knowledgeable analysis; assisting businesses by developing and implementing timely turnaround strategies and financial restructuring solutions. We are qualified and experienced to act as an advocate for either debtors or creditors; we facilitate interactions to bring the maximum benefit for all stakeholders. Our skills are utilized in consulting, litigation support, business evaluations, receiverships, court appointed and private appointed liquidation, 'looksees' for creditors, bankruptcies and proposals under the Bankruptcy and Insolvency Act, and CCAA engagements.
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ASSETS FOR SALE
Free Standing Building
3645 48th Avenue SE
14,480 sq ft
Grey Motor Inn
Full service hotel with 81 rental units, front reception, offices, restaurant, lounge, tavern, liquor store and mini golf.
Paintbrush Ridge
Residential Development for Sale, Three Sisters, Canmore, Alberta.
Interested parties should complete and send the confidentiality agreement
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News
Chapter 47 of the Statutes of Canada
Amendments to the Bankruptcy and Insolvency Act (BIA) and the Companies’ Creditors Arrangement Act (CCAA). The legislative amendments are broadranging and significant, and are intended to achieve a number of goals. On September 18, 2009, the remaining amendments contained in chapter 36 of the Statutes of Canada, 2007, and chapter 47 of the Statutes of Canada, 2005 (c.36 and c.47) will come into force.
Bill C-55: Changes to Insolvency Legislation
Bill C-55 which is currently before the Canadian Parliament proposes a number of significant changes to Canadian federal insolvency legislation including the creation of significant wage earner protection. Alger is a member firm of the Canadian Association of Insolvency and restructuring Professionals and this association has provided extensive comment on the proposed legislative changes.
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