Real Estate Issues In An Insolvency (Webinar)

Elevated interest rates are affecting businesses in every sector of the economy, but perhaps none more so than real estate. The number of insolvencies impacting different real estate classes across Canada has increased over the last few months, and banks are upping their loan-loss reserves in the expectation of continued mortgage defaults and restructurings.

Alongside Al Hutchens, a managing director with Alvarez & Marsal, one of Canada's leading turnaround and restructuring advisors, Osler partners Tracy Sandler (Insolvency and Restructuring), Paul Morassutti and Matthew Ritchie (Real Estate) recently explored the real estate-specific issues that parties are likely to encounter in an insolvency. They also provided some helpful tips on how owners, tenants and landlords can navigate these issues to achieve the best possible outcome in a challenging time.