You must answer the following question: Analyze the Laurentian Case. What factors were most responsible for Laurentian becoming Insolvent? Who was to blame? Or was it a perfect storm of misfortune?
Was filing for creditor protection under the CCRA the best way to handle the crisis? Should the Ontario government have bailed them out or prevented the drastic cuts of April 12? How would you balance the interests of the major stakeholders involved? In building an argument, you may focus on some issues in detail rather than discussing every aspect of the case.
