Clark Wilson's Banking, Insolvency & Restructuring and Fraud & Asset Recovery chair and partner Christopher Ramsay and associate Simon Wu's article was recently published in LexisNexis Canada's National Creditor/Debtor Review newsletter. The publication brings together leading authorities to analyze the latest developments and cases dealing with the complex field of creditor-debtor relations across the country.
In their piece, "Navigating Cross-Border Insolvency in the Digital Age: Insights from Atom Holdings" Chris and Simon examine two recent British Columbia decisions ( Atom Holdings (Re), 2024 BCSC 1397 and Su v. Atom Holdings, 2025 BCCA 199) that offer important lessons on how courts are adapting cross-border insolvency frameworks to address the realities of cryptocurrency and digital asset recovery.
They highlight the innovative use of the Cross-Border Insolvency provisions under the Bankruptcy and Insolvency Act (R.S.C., 1985, c. B-3), including the first time a Canadian court has used section 272 to grant an Anton Piller–style order. Their article explains how these decisions reflect a more flexible and pragmatic approach to cross-border insolvency proceedings involving digital assets, and how forensic blockchain and cybersecurity experts play a crucial role in tracing and preserving those assets.
Read "Navigating Cross-Border Insolvency in the Digital Age: Insights from Atom Holdings" in the National Creditor Debtor Review by LexisNexis Canada HERE.