Investor Presentaiton
Benefits
of the
Proposal
• The insolvent person gains access to a Trustee (professionals in the
industry) who provides advice on formulating a new business plan
and rescheduling repayments to creditors;
• A proposal is a proactive measure by an insolvent person which
provides "breathing room” during a period of financial difficulty;
• The process is Court driven where disputes are referred for resolution
in accordance with the BIA;
Certainty of outcome - solvency
• Efficient processes (strict timelines that are enforced by both the OSI
and the Court);
• Promotes rehabilitation of individuals and companies as opposed to
liquidation of the insolvent person; and
BENEFITS
• Maintains the going concern of the business, preservation of jobs
and goodwill.View entire presentation