Bankruptcy ends more litigation and trials than it creates. In fact, bankruptcy should be considered as a possible defence in every case.
Here are some Ontario Superior Court of Justice bankruptcy and insolvency statistics.
The statistics reinforce how niche bankruptcy and insolvency litigation before the Courts is.
- An average of 162 proceedings commenced each year in Superior Court over the past 5 years.
- 0.2% of all proceedings commenced in Superior Court are bankruptcy and insolvency, making this a very niche practice area.
Set downs and pre-trial conferences:
- On average, 1 case set down for trial each year in recent years.
- On average, 3 pre-trial conference each year, suggesting cases are pre-tried multiple times.
Bankruptcy and insolvency trials:
- 1.66 trials per year over the past 6 years.
- Accounts of 0.09% of all Superior Court trials over the past 6 years.
- Trials are always non-Jury / Judge alone.
Source: Ministry of the Attorney General
This article is courtesy of the Ontario Civil Trial Manual
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