Canada: Insolvency/Bankruptcy

Garnishment allows judgment creditors to intercept money owed to debtors by third parties, such as banks or employers. While this legal tool can be highly effective for debt collection in certain circumstances, it comes with procedural requirements, exemptions, and practical challenges that creditors must navigate. Understanding when garnishment works best and its limitations is essential for anyone seeking to collect on a judgment in British Columbia.

Latent defects in construction projects often surface years after completion, creating significant financial exposure for all parties involved. This article examines how to structure warranties that effectively allocate long-tail risks, while also addressing the critical challenge of protecting against warranty providers who become insolvent or bankrupt before defects emerge.

Cross-border restructuring and insolvency proceedings can be complex and challenging for international companies. This plain-language guide compares Chapter 11 of the U.S.