Companies Creditors Arrangement Act (CCAA)
The CCAA is a Federal Statute that provides a flexible platform to enable a restructuring of a Company experiencing financial difficulty, under Court Protection.
A sign of a good CCAA Plan of Arrangement is one that provides for a reasonable plan that enables the debtor to survive as well as providing for a beneficial result for those creditors who have extended credit to the business.
D. Manning & Associates Inc. acts as a Consultant and/or Monitor to assist in the implementation of a workable plan that enables a business to continue in business under the protection of the CCAA.
It is essential that counsel be retained by the Company to assist in the development and legal presentation of a workable plan.
Open CCAA Matters