Confirmation bias, twisting (or ignoring) facts to support what you want to believe (or sell), can be the death of companies. Keep your KPIs simple and believe in them. If they are declining, you have trouble.
Fraud is increasingly a driver of corporate financial distress and, therefore, a part of our practice. Inside is a chart showing the sentencing range imposed in recent major Canadian commercial fraud cases.
Royalty holders that believe their resource royalties are an interest in the land and are therefore an obligation of a new owner of the property when acquired through an insolvency proceeding, may find in reality that their interest can be subordinated or eliminated all together.