Corporate insolvency is not inevitable. Acting early increases your options and significantly improves the outcome—for you and your creditors.

Bankruptcy and Insolvency Law

Financial difficulties affect businesses of all sizes and in all sectors.

The team at Lanctot Avocats assists both struggling businesses seeking a way out of their crisis and creditors looking to maximize their recovery. We offer solutions tailored to your specific situation—in complete confidence.

Solutions for struggling businesses

Before your business officially goes bankrupt, there are several legal options available to restructure your business, negotiate with your creditors, and protect your assets.

Composition proposal to creditors — an alternative to bankruptcy;
Protection under the Bankruptcy and Insolvency Act (BIA);
Preventive restructuring — before the crisis;
Negotiations with creditors — repayment plan;
Disposal of assets and orderly liquidation;
Formal Bankruptcy — Guidance and Representation.

Representation of creditors

Are you a creditor of an insolvent company? We’ll help you maximize your recovery at every stage of the process.

Statement of claim and proof of priority;
Attendance at creditors’ meetings;
Challenging the property manager’s decisions;
Challenging preferential or fraudulent transactions;
Acquisition of Assets in Insolvency Proceedings — Due Diligence.

We also represent directors and officers who are personally liable in insolvency proceedings.

Corporate Restructuring

Protection of Creditors

Protection of Directors