Creditor Rights and the Public Interest

More about the book

Focusing on the representation of non-traditional creditors in Canadian insolvency restructuring, the book analyzes their interests under the Companies' Creditors' Arrangement Act (CCAA). Janis Sarra advocates for the inclusion of workers, consumers, trade suppliers, and local governments, drawing on case studies and comparing Canada's approach to that of countries like Germany and the U.S. The work integrates extensive research, including court records and interviews, to argue for a legal framework that prioritizes the public interest and recognizes diverse stakeholder contributions in corporate insolvency.