12 Lawyers from Robertson Stromberg recognized in the 16th Edition of The Best Lawyers in Canada

For over 100 years, Robertson Stromberg has been delivering pragmatic advice and strategic solutions in every area of the law. As a top local law firm with reach that extends nationally, we strive for excellence and live by the highest professional standards.  

Congratulations to our lawyers who have been recognized in the 16th Edition of The Best Lawyers in Canada. Best Lawyers is the oldest and most respected peer review publication in the legal profession. Recognition in Best Lawyers is widely regarded by both clients and legal professionals as a significant honour, conferred on a lawyer by his or her peers. 

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Tiffany M Paulsen receives Q.Arb designation

Congratulations to Tiffany M. Paulsen, Q.C., on achieving Q.Arb designation from the ADR Institute of Canada (ADRIC). ADRIC is Canada's preeminent self-regulatory professional Dispute Resolution organization. It provides education and certification, promotes ethical...

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Darlene Wingerak joins the board of PLEA

Darlene N. Wingerak has been appointed to the PLEA Board of Directors

PLEA is an organization that seeks to educate, inform and empower the public through law-related education. Congratulations, Darlene!

For more information about PLEA click here.

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ADR Options in Estate Disputes

ADR Process Options for Resolving Disputes in Estate Related Matters Estate disputes can sometimes become difficult and challenging, particularly when the dispute is among family members. There may be a disagreement among appointed executors as to how an estate should...

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COVID-19: Why now is not the time to put your life on hold

It feels as though life is on hold these days.  People’s careers have been paused.  Kids are home from school.  Our social lives have become considerably more restricted.  We have all been forced to become homebodies, even if we (secretly) don’t mind it.  However, now...

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James Steele Published in CBA Bar Notes – Summer 2021 Edition

James Steele was published recently in the Summer 2021 Edition of CBA Bar Notes. You can read his article below.

Covid-19 Insolvencies: What will the next year bring?

After Covid lockdowns shut down many businesses, one might have expected insolvencies in Canada to rise sharply. However, the reality has been the opposite thus far.

Consumer insolvencies last year were down 30 percent from 2019, while business insolvencies in 2020 were down 24 percent from 2019. The reasons for this appear to be government help, combined with creditor patience. By August 2020, more than 16% of Canadians were receiving some form of income replacement. For very low-income earners, CERB was beneficial. Such earners may have earned more than they were earning pre-COVID. Businesses were also able to take advantage of subsidies.

What will happen when the subsidies are turned off?

However, what will happen to hard-hit businesses when arrangements with creditors end or subsidies are discontinued? The hardest-hit sectors have been retail trade, arts and entertainment, and recreation. Many of these businesses have thus far managed to limp along by making informal arrangements with creditors.

Debt cannot be deferred forever. Moreover, the economy is not predicted to be back in full swing until late 2021 or early 2022. In the meantime, insolvencies will start to rise.

There appear to be two schools of thought of predicting what will happen:

  1. One school predicts that with the vaccine and most people inoculated by the fall, the economy will quickly get back to normal, and massive insolvencies may be avoided to some degree;
  2. The other prediction is that we will not in fact return to normal for quite some time. In the meantime, there will be a significant surge in bankruptcy filings.

While we all may hope for the first prediction to come true, lawyers who act for creditors may be well placed to prepare for a potential surge in collection work or insolvency proceedings. More than a few struggling businesses who have avoided formal insolvency proceedings, may not survive long enough to take advantage of an eventually improving economy.

Lenders may wish to form an early strategy for dealing with their debtors. Each lender will wish to review their own situation. A debtor with only one creditor involves different considerations than heavily encumbered borrowers, who may have numerous other creditors.

Multiple creditors pursuing a very small pool of assets is a common reality in debt collection, and can often produce a situation in which a judgment is little more than a piece of paper. Moreover, even aggressive lenders who pursue collection and thereby force some payments from debtors will wish to be aware of the rules prohibiting preferences if other creditors are involved.

An early conversation with encumbered debtors, to discuss refinancing, a restriction on further lending, a different repayment structure, or still other issues, may be a conversation better had now, rather than later when the situation is more dire.

RICS and CIArb 2021 Construction Dispute Symposium Series

Join Robertson Stromberg Partner Misty S. Alexandre on Tuesday, May 25, for the RICS and CIArb 2021 Construction Dispute Symposium series.

This Symposium series will explore recent trends and emerging approaches to dispute resolution in the construction industry. Presenters include leading practitioners in construction practice, construction law and dispute resolution.

For more information and to register, click here.

Tuesday May 25 – Global Trends & Adjudication

Update on global trends and current status of Adjudication across Canada (provincial/territorial/federal)

Introductory speaker

  • Duncan W. Glaholt, Partner, Glaholt Bowles LLP

Moderator

  • J. Barrie Marshall, J. Barrie Marshall Consulting Inc., former partner, Gowling WLG (Canada) LLP

Panellists

  • Misty Alexandre, Partner, Robertson Stromberg LLP
  • Matt Ainley, Chair, GCAC (Certified Adjudicator, Ontario)
  • Raymond Bassett, Vice President & Chief Underwriting Officer, Travelers Canada

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12 Lawyers from Robertson Stromberg recognized in the 16th Edition of The Best Lawyers in Canada

For over 100 years, Robertson Stromberg has been delivering pragmatic advice and strategic solutions in every area of the law. As a top local law firm with reach that extends nationally, we strive for excellence and live by the highest professional standards.  ...

read more

Lawyers from Robertson Stromberg recognized in 15th edition of The Best Lawyers in Canada.

Robertson Stromberg is proud to announce the selection of Misty S. Alexandre, Christopher J.H. Donald, Gary D. Young, Allan M. Haubrich, Jared D. Epp, Leslie W. Prosser, Jennifer D. Pereira, Tiffany M Paulsen and Kenneth K.E. Ziegler, by our peers, for inclusion in...

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KidSport Scavenger Hunt

Team RS recently competed in the KidSportSaskatoon Corporate Challenge Scavenger Hunt, where funds raised help children in our community play organized sport. Lawyers raced across the city, finding clues while learning about Saskatoon’s rich sports history.

KidSport Saskatoon provides grants to help cover the costs of registration fees so that all kids ages 5-18 years can play a season of sport. RS is proud to support this great community organization. Learn more about KidSport here.

Proud Community PartneRS

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