Canadian Creditor-Debtor Law


Recorded November 29, 2018

In this introduction to debt recovery in Canada, Mark Dobosz interviews Frank Spizzirri, counsel with the Canadian law firm AUDAXLAW, to learn the most important similarities and differences between debt recovery in Canada and the US.

Mr. Spizzirri will identify the basic legal framework that American creditors and their advisors should know when dealing with debt recovery in Canada, the first steps that a creditor would take in Canada, settlement and litigation options, what happens after a judgment is obtained, and explain if US money judgments be enforced in Canada.

Listen to the podcast


Frank Spizzirri, AUDAXLAW

Frank Spizzirri is counsel to the Canadian law firm AUDAXLAW, located in Toronto, Ontario. His practice is centered upon corporate advice, restructurings, debt recovery and dispute resolution. The corporate advisory work includes advising shareholders and directors on such matters as directors’ and officers’ liability and insurance, shareholder disputes, corporate financings, and risk management. His insolvency and restructuring experience includes acting for debtors seeking to restructure their business and operations, acting for insolvency professionals, and acting for creditors seeking recovery. Frank has extensive experience in debt recovery litigation, overturning fraudulent transactions, and shareholder disputes, as well as complex commercial matters. He is certified by the Law Society of Ontario as a specialist in bankruptcy and insolvency law.

Frank is a prolific writer and speaker. He has spoken at and chaired many programs on bankruptcy and insolvency, debt recovery and commercial litigation in Canada and the United States. He has written numerous articles on insolvency and debt recovery and has published a book on Canadian insolvency law through the American Bankruptcy Institute (ABI).

Frank was called to the Ontario Bar in 1995. He is the current Chair of the Insolvency Law Section of the Canadian Bar Association and a past Chair of the Insolvency Law Section of the Ontario Bar Association. Frank is the education director and newsletter editor for the International Committee of the American Bankruptcy Institute as well as a coordinating editor for its monthly Journal. He is also a member of the National Creditors Bar Association. Frank is fluent in English and Italian.

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