Development of a Model to Track Filings and Collect Data for Proceedings Under the CCAAby Janis Sarra
"The aim of the project was to develop a methodology for collecting and analyzing data from CCAA restructuring proceedings in an electronic database. This project is part of a larger project that has as its main objective to conduct a qualitative and quantitative study of corporate restructurings under the CCAA over a fifteen–year period. A key longer term goal is to develop an understanding of how one measures success in a CCAA proceeding, both on a temporal basis, and in regard to the economic security of those whose interests are affected by the corporation's financial distress. The objective will be to identify which factors or combination of factors create the conditions for a successful restructuring and to assess how proposed legislative changes will increase the potential for an effective, transparent and efficient process to deal with financially distressed companies."