This article provides an overview of the recent developments in Insolvency and Corporate Restructuring. In reviewing the past year, the authors indicate a somewhat general let-up in activity in the insolvency bar, a growing trend toward longer and more drawn-out restructurings in Canada and a continuation of the process of legislative reform.  Originally published in The Canadian Legal LEXPERT Directory (2005). Republished with permission from The Canadian Legal LEXPERT Directory. © Thomson Carswell.