Menu Fermer

Articles sur Bankruptcy

Affichage de 21 à 40 de 59 articles

The courts are sheltering in place too. 101cats/Getty Images

Bankruptcy courts ill-prepared for tsunami of people going broke from coronavirus shutdown

The bankruptcy system has always been difficult to navigate, especially for minorities and other vulnerable groups. The pandemic is making it a lot harder.
About 23,000 companies went out of business in 2017. Reuters/Nick Zieminkski

How corporate bankruptcy works

A bankruptcy filing always means there’s not enough money to go around, but the process ensures both debtors and creditors are protected.
Shoppers browse at a Sears Canada store in Toronto in October after the company began liquidation sales. Its retirement funds are short $308 million, forcing a 19 per cent cut to employee pensions. (THE CANADIAN PRESS/Nathan Denette)

Sears Canada tarnishes the gold standard of pensions

Sears Canada’s bankruptcy should alert employees and regulators alike to rethink defined-benefit pensions.

Les contributeurs les plus fréquents

Plus