legislature have switched roles. This book is essential reading for the Canadian insolvency community as well as those interested …

, especially, the financial cost of filing for bankruptcy. We study the effects of the reform on bankruptcy, insolvency, and …. We find that the decline in bankruptcy filings resulted in a rise in the rate and persistence of insolvency as well as an … that insolvency is associated with worse financial outcomes than bankruptcy, as insolvent individuals have less access to …

general insolvency law and the special characteristics of banks and the financial system, approaches to resolution procedures …