ARTICLE · 31 OCTOBER 2025

Financial Distress? Our Restructuring Lawyers Can Help Optimize Your Outcomes

Thompson Dorfman Sweatman LLP

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Running a business is challenging, and every company faces ups and downs. Certain warning signs suggest that financial difficulties are becoming serious — and it may be time to seek… Learn More

CanadaInsolvency/Bankruptcy/Re-Structuring

Ross McFadyen

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Running a business is challenging, and every company faces ups and downs. Certain warning signs suggest that financial difficulties are becoming serious — and it may be time to seek legal guidance from professionals who understand your lenders, your rights and the laws that can help your business adjust and to recover or take other steps that optimize your business outcomes for your stakeholders. Best to act early!

USE THIS CHECKLIST TO SPOT RED FLAGS

Cash Flow Problems

☐ Struggling to make payroll or pay suppliers on time
☐ Lines of credit constantly at or near their limits
☐ Frequent requests for payment extensions or overdrafts

Mounting Debt

☐ Increasing loans
☐ Falling behind on tax and employee remittances (GST/HST, payroll, income taxes)

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