SVR is currently representing a Quebec based corporation, and the appointed receiver, to pursue collection & recovery in relation to a defaulted loan, and to deal with competing creditor claims. SVR previously assisted in the preparation of the original $4.2M loan and security documentation.
Whether an individual or business, a debtor or a creditor, the issue of debt and insolvency is a complicated and delicate matter. A successful outcome for a creditor or a debtor may require a balancing of all interests. SVR Lawyers has experience representing both creditors and debtors.