Living in a COVID-19 World -

Most of us have stopped asking, “When will it be over?” and have started wondering how we can live with COVID-19 – and how it will change our behaviour from now on. In the context of restructuring, as we saw during the recent Canadian federal election, bankruptcy and insolvency have become topics of increased interest in political and wider circles. This might mean we can expect a greater focus on regulatory reform in this area. We anticipate that changes to the Canadian system will evolve incrementally through judicial interpretation of pre-existing concepts or minor changes to existing legislation. In this issue of Davies Insolvency Now, we turn our focus to one such legislative reform: the good faith amendment.