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This volume provides a collection of timely and thought-provoking papers arising from the collaboration of insolvency academics, practitioners, registrars, and members of the judiciary. This edition discusses the challenge of the credit crisis, which has forced us to reevaluate conventional assumptions about financial motives and interests, and the influence of concepts and developments from other jurisdictions on Canadian law and practice. Some of the articles consider how the new provisions to the Bankruptcy and Insolvency Act (BIA) and Companies' Creditors Arrangement Act (CCAA) should be interpreted and what challenges may lay ahead.