Case Trends
While 2025 saw a decrease in business insolvency filings as
compared to 2024, there was no shortage of interesting legal
developments and creditor-driven filings continue to be utilized.
Creditors are increasingly driving proceedings, and are not waiting
for debtors to act. Complex business insolvencies also continued to
drive developments in a variety of different insolvency law topics,
including directors' and officers' liability and releases,
reviewable transactions, and approval and vesting orders (including
reverse vesting orders). A summary of these cases, as well as other
noteworthy insolvency cases identified by Fasken's National
Insolvency & Restructuring Group, is below.
