Canada and the United States are each other’s largest trading partners. The rate of investment by Canadian companies in the United States and American companies in Canada continues to grow. With economies that are joined at the hip, financial downturns in one jurisdiction impact stakeholders in both. The current economic crisis has amplified this dynamic. Cross-border filings in the manufacturing, forestry, energy and retail sectors are mushrooming. Virtually every significant recent restructuring filing has a cross-border element.
On January 28, 2010, West LegalEdcenter is offering a live webcast designed for all insolvency and restructuring practitioners who want to understand the general issues encountered during a cross-border insolvency file. While there are many similarities between the Canadian and American systems, there are some material differences in approach and process that must be appreciated in order to understand the Canadian insolvency and restructuring landscape.
West LegalEdcenter is now a pre-approved provider in British Columbia and is offering 1.0 CPD credit for the course.
For more information, go to "Understanding the General Principles of Cross-Border Insolvencies".