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Converging Practice & Procedure in Canada. A "Kinder, Gentler" Insolvency Process

DATE

February 28, 2005

In Canada, the two most notable trends over that last few years have been a continuing convergence of substantive and procedural aspects of previously distinct processes, and a movement toward a "kinder, gentler" insolvency process, which has been more inclusive and cognizant of the rights of various stakeholders such as employees, unions and landlords.

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