Bairds Practical Guide to the Companies Creditors Arrangement Act
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Bairds Practical Guide to the Companies Creditors Arrangement Act is written for the purpose of providing the reader with a very practical discussion of how to plan and implement a successful restructuring under the Companies Creditors Arrangement Act (CCAA). It brings to the reader a lifetime of the author's experience, which is necessary because the court appearances and the relatively few reported decisions on the CCAA do not provide a complete picture of the strategies and tactics which have been used to successfully restructure companies under the CCAA. It will be used by all parties to obtain a much better understanding of the Act and its application.
The author's autobiographical approach, based on 50 years of practicing bankruptcy and insolvency law, furnishes the reader with a detailed outline. It includes sample precedents and genuine documents from real-life examples such as Air Canada, Algoma Steel, and Nortel.
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