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ESSENTIAL DUTIES OF BANKRUPTS AND TRUSTEES IN LIQUIDATING ASSETS: THE ULTIMATE COMPREHENSIVE GUIDE


Ira Smith Trustee & Receiver Inc.

167 Applewood Crescent #6, Concord, ON L4K 4K7

(647) 799-3312


VISIT THIS SITE:


https://irasmithinc.com/blog/liquidating-assets/


I discuss a recent bankruptcy case decision from the Alberta Court that underscores the challenges of balancing statutory duties with practical limitations for all stakeholders in liquidating assets.  I start with an overview of the liquidation process and then discuss this case which deals with the statutory duties of all stakeholders in liquidating assets in a Canadian bankruptcy.


#AssetRealization, #CommercialCondominiumUnits, #ATBFinancial, #FinancialCondition, #StatutoryDuties, #BankruptcyProceedings, #CourtOfKing’sBench, #Creditors'Benefits, #LegalInterpretations, #BankruptcyAndInsolvencyAct #receivership

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