CCAA Primer: Preserving your rights to collect from distressed companies

June 25, 2009

The Companies' Creditors Arrangement Act (CCAA) intends to give debtors a way out of financial difficulties without resorting to bankruptcy. In the current economy, both CCAA proceedings and bankruptcies are on the rise. Knowing your rights as a creditor can make all the difference in your business recovery rate. It can also protect your business from suffering a similar fate.

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