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12. Introduction to Bankruptcy

Chapter Outline

  • Overview
  • Bankruptcy and First Nations
  • Types of Bankruptcy
  • Division 1 and Division 2 Proposals
  • Duty of Good Faith
  • Bankruptcy and Insolvency Act
  • The Companies Creditors Arrangement Act
  • Bankruptcy Court
  • Conclusion
  • Cases of Interest
  • Definitions
  • Questions for Review
  • Resources

Learning Outcomes

  • Students will be able to identify and explain the different types of bankruptcy available in Canada and the legal implications of filing for bankruptcy.