There are so many debt recovery options available to businesses these days, and it can be confusing deciding whether CVA is the right way to go for your business. So here is a case study to give you a real life example of how they work, which will hopefully help you decide, or at least [...]

MONTREAL, CANADA–(Marketwire – Dec. 9, 2009) – ART Advanced Research Technologies Inc. (ART) (TSX:ARA), a Canadian medical device company specializing in optical molecular imaging products for the healthcare and pharmaceutical industries, announces that the Quebec Superior Court approved today the amended proposal (the “Proposal”) filed by ART under the Bankruptcy and Insolvency Act (Canada) (the [...]

MONTREAL, CANADA–(Marketwire – Dec. 7, 2009) – ART Advanced Research Technologies Inc. (ART) (TSX:ARA), a Canadian medical device company and a leader in optical molecular imaging products for the healthcare and pharmaceutical industries, announces that its unsecured creditors
(the “Unsecured Creditors”) voted unanimously in support of its proposal (the “Proposal”) under the Bankruptcy and Insolvency Act [...]

MONTREAL, CANADA–(Marketwire – Nov. 20, 2009) – ART Advanced Research Technologies Inc. (ART) (TSX:ARA), a Canadian medical device company and a leader in optical molecular imaging products for the healthcare and pharmaceutical industries, announces that its strategic review process has culminated in ART entering into an agreement today with Dorsky Worldwide Corp. (“Dorsky”) to restructure [...]