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This is a busy season for Canadian insolvency lawyers -- or, as they say in American-style English, bankruptcy attorneys. The mushrooming of cross-border restructurings has exposed Canadian lawyers to the U.S. bankruptcy system and, conversely, U.S. attorneys to the Canadian insolvency regimes. Both are similar and share common verbiage. However, there is a danger in assuming that the same words mean the same thing in each system.
July 22, 2008 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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