restructuring & insolvency
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restructuring & insolvency

"The practice is renowned for both its creditor-side work and cross-border filings, and commended for its quick turnaround, creativity and effective staffing"
Chambers Global, 2011

"A first choice for Canadian counsel in cross-border situations"
Chambers Global, 2011

Our Restructuring & Insolvency Group is internationally recognized as one of Canada's leading business insolvency groups, with a strong reputation for providing practical and innovative solutions to insolvency problems and legal risk management. Combining excellent analysis with solid pragmatism we have repeatedly provided industry leadership in important developments while executing key briefs in major transactions.   Our expertise extends to public and private domestic and international insolvencies, and includes extensive experience with respect to Canada/US cross border issues. 

Members of the Group are widely and consistently recognized as leaders in Canadian and international directories, including, Chambers Global Guide to the World's Leading Lawyers, Guide to the World's Leading Women in Business Law, International Financial Law Review 1000, Euromoney & Guide to the World's Leading Lawyers, Who's Who Legal and Lexpert/American Lawyer Media Top 500 Lawyers in Canada.

The Group has a reputation for excellence in all aspects of Canadian insolvency proceedings.  Our client base includes major Canadian and US financial institutions, bondholders and potential investors, ad hoc and official creditors' committees, financially challenged corporations, boards of directors,  Court-appointed officials and major customers and suppliers to distressed businesses.  We also have extensive experience acting for  sellers and purchasers of distressed businesses and assets in several different industry segments including, automotive, forestry, paper, packaging products, consumer products, manufacturing, real estate portfolios, oil and gas, newspapers and media, patents and other intellectual property.

In order to provide effective leadership both in boardrooms and in the Courts, the Group includes insolvency litigators who practice at the highest standards of commercial advocacy and business lawyers who provide leading transactional, structuring and documentation advice. The Group also draws upon the firm's expertise in tax, banking and finance, real estate, securities, competition, labour, pension and environmental law. The firm's genuine focus on team work, training and delegation allows the Group to deal effectively with the unpredictable nature of insolvency matters which at times are urgent and complex, while at other times require patience and perseverance. We offer exceptional and efficient client service combined with sophisticated and creative problem-solving and advice.

For more information on our practice and some of our areas of specific expertise, please click on the links below:




Publications / Presentations
February 01, 2013
Supreme Court of Canada releases its decision in Indalex: DIP charges are alive and well, but that's not all
restructuring and insolvency bulletin
December 2012
he who suffers later, suffers less: among ponzi scheme victims, court favours those who invested towards fund's end
insolvency bulletin
November 2012
clarifying COMI: locating a debtor's centre of main interests
litigation bulletin
September 2012
lifting the stay – is the "doomed to fail" argument doomed to fail?
restructuring and insolvency bulletin
September 2012
critical suppliers: court re-confirms the law regarding payment of pre-filing obligations
corporate restructuring bulletin
June 2012
keeping an eye on the ball: Ontario Court scrutinizes related party transactions
restructuring & insolvency bulletin
May 2012
Quebec is different - White Birch court finds that Indalex does not apply in Quebec1
corporate restructuring bulletin
March 2012
the doctrine of marshalling does not apply in the Province of Quebec, but then again…
corporate restructuring bulletin
March 2012
Pensions v. Insolvency: Applying Indalex
October 2011
Demanding Repayment of Loans and Reasonable Notice - Back to the Future
National Banking Law Review - Lexis Nexis -  Volume 30, Number 5
September 2011
distinctions with a difference: comparison of restructurings under the CCAA with chapter 11 law and practice
bankruptcy and insolvency bulletin
June 2011
Recent Development in Insolvency & Financial Restructuring
The Canadian Legal Lexpert Directory 2011
May 2011
declared but unpaid dividends: out in the cold with the other equity claims
Corporate Restructuring Bulletin
April 2011
demanding repayment of loans and reasonable notice – back to the future
Restructuring & Insolvency Bulletin
April 18, 2011
re Indalex Limited: new pension deficiency wrinkles for financiers
restructuring & insolvency bulletin


Andrew J.F. Kent
416.865.7160
Max Mendelsohn
514.987.5042
Peter J. Reardon
604.691.7460
Waël Rostom
416.865.7790
Sheryl E. Seigel
416.307.4063