Rising Stars

Andrew Harmes - Goodmans LLP

Restructuring and insolvency in Canada

Blake, Cassels & Graydon LLP

Offering a diverse array of industry expertise, Blake, Cassels & Graydon LLP‘s restructuring and insolvency team provides a full range of services to its corporate clients. The group has been involved in a number of high-profile matters recently, which included advising Deloitte as monitor on the JTI-Macdonald tobacco insolvency and acting for AllSaints USA in connection with insolvency proceedings in the US and UK. With the firm benefiting from a broad office network, it is able to support clients who operate across numerous provincial jurisdictions. Pamela Huff leads the Toronto based team, which also features cross-border insolvency expert Linc Rogers. Other names to note include Kelly Bourassa in Calgary, Bernard Boucher in Montreal and Peter Rubin in Vancouver.

Other key lawyers:

Linc Rogers

Key clients

AllSaints USA Retail Ltd.

Alvarez & Marsal Canada

Avina Acquisition Corp.

Bank of Montreal

Canadian Imperial Bank of Commerce

Carillion Canada Group

Deloitte Canada

Dominion Diamond Mines ULC

Ernst & Young Inc.

foodora inc.

FTI Consulting Canada

JPMorgan Chase Bank


National Bank of Canada

PricewaterhouseCoopers Inc.

Primacorp Ventures

Resource Capital Fund VI L.P.

TD Bank

Wells Fargo

Work highlights

  • Advised Dominion Diamond Mines on all aspects of its CCAA proceedings before the Court of Queen’s Bench of Alberta.
  • Advised Deloitte Restructuring on its role as monitor in the JTI-MacDonald Tobacco restructuring.
  • Acting for the Carillion Canada Group on all aspects of its Canada-wide restructuring efforts, including selling its various business lines and pursuing multiple construction litigation disputes.

Goodmans LLP

Goodmans LLP provides full-service support on the entire spectrum of restructuring and insolvency matters. The team is known for advising clients such as debtors, lenders, creditors and sponsors in key restructurings and recapitalisations. It also works closely with the firm’s M&A, tax and litigation practices to provide distressed M&A services. Notable mandates included advising the lenders of Cirque du Soleil on a circa $1.2bn debt restructuring and acting for the Washington Group on its bid for Dominion Diamonds. Joseph Pasquariello leads the Toronto-based team. Other key names include Robert Chadwick, Brendan O’Neill, Chris Armstrong and Caroline Descours, as well as associate Andrew Harmes. Jay Carfagnini retired in January 2021.

Practice head(s):

Joseph Pasquariello

Other key lawyers:

Robert Chadwick; Brendan O’Neill; Chris Armstrong; Caroline Descours; Andrew Harmes

Key clients

Ad Hoc Committee of Lenders of Cirque du Soleil

The Washington Group of Companies

Sherritt International Corporation

Source Energy Services Ltd.

Ad Hoc Committee of Noteholders of Calfrac Well Services Ltd.

Ad Hoc Group of First Lien Lenders of Skillsoft Corporation

Bellatrix Exploration Ltd Alvarez & Marsal Canada Inc.

Ad Hoc Group of Term Loan Lenders of Tailored Brands Group

Ad Hoc Committee of Noteholders of Nemaska Lithium Inc.

Ad Hoc Committee of Noteholders of Crystallex International Corporation

Ad Hoc Committee of Unsecured Convertible Noteholders of Just Energy

Ernst & Young Inc.

PricewaterhouseCoopers Inc. (PwC)

Fairfax Financial Holdings Limited


Bridging Finance Inc.

Wells Fargo

Mezzanine Lenders of Stoneway Capital Corporation

FTI Consulting

Pengrowth Energy Corporation

The Province of Ontario

Algoma Steel Inc.

KSV Advisory

Gramercy Funds Management LLC

Advanz Pharma Corp. (formerly known as Concordia International Corp.)

Work highlights

  • Advised the Ad Hoc Committee of Lenders of Cirque du Soleil on a global restructuring transaction valued at approximately $1.215bn.
  • Advising Sherritt International Corporation in connection with its successful balance-sheet restructuring, implemented pursuant to a Court-approved plan of arrangement.
  • Advised the ad hoc committee of holders of Calfrac Well Services Ltd’s second lien notes and senior unsecured notes in connection with Calfrac ‘s recapitalization

Bennett Jones LLP

Bennett Jones LLP provides key insolvency services to clients in the energy and natural resources sector. Elsewhere, Sean Zweig is advising a consortium of provinces in connection with three large-scale tobacco industry insolvencies. Kevin Zych is another key figure in the team, which acts for debtors, lenders, investors and court-appointed monitors. Zych co-leads the team with Christopher Simard. Other key names include Kelsey Meyer and litigator Ken Lenz, both of whom are Calgary-based.

Practice head(s):

Kevin Zych; Christopher Simard

Other key lawyers:

Sean Zweig; Kelsey Meyer; Ken Lenz

Key clients

Bellatrix Unsecured Bondholders

BJ Services Holdings Canada

Bonavista Energy Corporation

Bybrook Capital

Calfrac Well Services

Clover Leaf Holdings Seafood Company

Contrarian Capital Management

Ernst & Young Inc.

FTI Consulting Canada Inc.

Grant Thornton Limited

KSV Kofman Inc.

PharmHouse Inc.

PricewaterhouseCoopers Inc.

Solus Alternative Investments

Stoneway Capital Corporation

Syncora Guarantee

Trez Capital

UrtheCast Corp.

Work highlights

  • Acting for Clover Leaf and its US affiliate, Bumble Bee in their filing under the CCAA.
  • Represent the Consortium in connection with the three CCAA filings of the tobacco industry in Canada – JTI-MacDonald, Imperial Tobacco and Rothmans.
  • Act for FTI Consulting, the court-appointed Monitor in the Companies’ Creditors Arrangement Act proceedings of Dominion Diamonds.

McCarthy Tétrault

McCarthy Tétrault acts for a mix of high-profile debtors, financial institutions, trustees and court-appointed monitors. It is known for its strength in domestic and cross-border restrcuturings, insolvencies and workouts. The firm’s recent work included advising Hertz on the Canadian refinancing aspects of its $19bn liability sheet. The group often works with the firm’s broader corporate team and offers industry expertise in areas such as, energy, technology and financial services. James Gage leads the team from Toronto and is known for his high profile work. Other key names include Sean Collins in Calgary and Heather Meredith, who is also based in Toronto. Philippe Bélanger left to become a high court judge.

Practice head(s):

James Gage

Other key lawyers:

Sean Collins; Heather Meredith; Alain Tardif

Key clients

Antarctica Capital

Bank of Montreal

Caisse de dépôt et placement du Québec

Ernst & Young Inc.

FTI Consulting Canada Inc.

Groupe Dynamite

Hematite Holdings Inc.

Harbin Pharmaceutical Group Holding Co. Ltd., an affiliate of CITIC Capital (China)

Magris Resources Canada Inc.

National Bank of Canada

Nemaska Lithium

Northern Pulp Nova Scotia

PricewaterhouseCoopers Inc.

Raymond Chabot

Rothmans, Benson & Hedges Inc.

The Hertz Corporation

Work highlights

  • Advising Rothmans in CCAA restructuring proceedings to settle health-related class-action suits.
  • Advised Nemaska Lithium on its CCAA proceedings and court-supervised sale and investor solicitation process.
  • Advised Caisse in connection with their 20% participation in Cirque du Soleil, which filed under the CCAA due to the COVID-19 pandemic.

Osler, Hoskin & Harcourt LLP

Known as a primary port of call for traditional lenders and bondholders, Osler, Hoskin & Harcourt LLP offers technical and strategic knowledge of restructuring law. While work for bondholders makes up the core of the practice, the firm also has a growing practice acting for debtors, as well as purchasers of distressed assets, executives and alternative lenders. The firm also has a restructuring litigation practice, which is led by Jeremy Dacks, and it also advises on insolvency proceedings. Team head Marc Wasserman is experienced in cross-border and international restructurings. Tracy Sandler and Michael De Lellis are also recommended. All named lawyers are Toronto-based.

Practice head(s):

Marc Wasserman

Other key lawyers:

Tracy Sandler; Jeremy Dacks; Michael De Lellis

Key clients

Just Energy Group Inc.

Ernst & Young

Imperial Tobacco Canada Limited

TPG Global LLC


Credit Suisse

SFP Canada (formerly operating as Papyrus and Carlton Cards)

Comark Holdings Inc.

White Oak Commercial Finance, LLC

Alvarez & Marsal

Pier 1 Imports

Stokes Inc.

Modasuite Inc. doing business as Frank and Oak

Delphi Energy Group


Green Growth Brands

Bank of Nova Scotia

GSO Capital Partners

Apollo Global Management

Ares Management

Elliott Management

Work highlights

  • Advised Just Energy Group Inc in connection with its C$1.1bn recapitalization transaction
  • Serving as counsel to Ernst & Young as monitor in the CCAA proceedings of Reitmans (Canada) Limited
  • Acting for Imperial Tobacco Canada Limited and Imperial Tobacco Company Limited in CCAA proceedings.

Stikeman Elliott LLP

Stikeman Elliott LLP works with debtors, creditors and monitors on restructurings and insolvencies across a wide range of industries. In addition to being active in domestic matters, cross-border mandates are also a pillar of the practice, with the team having strong knowledge of US processes, including Chapter 11 and 15 bankruptcies. Recent domestic work included advising Cirque du Soleil on its investment solicitation proceedings under the CCAA. Guy Martel co-heads the team with Elizabeth Pillon. Other key practitioners include David Byers and Jean Fontaine.

Practice head(s):

Guy Martel; Elizabeth Pillon

Other key lawyers:

Jean Fontaine; David Byers; Ashley Taylor

Key clients

Air Canada


Deutsche Bank, AG

Ernst & Young Inc.

Essar Steel Algoma Inc.

FTI Consulting Inc.


Alvarez & Marsal Holdings

Catalyst Paper Corporation

Wells Fargo

Work highlights

  • Representing Lydian International in its restructuring proceedings under the CCAA.
  • Acted as lead counsel to the Cirque du Soleil group in its investment solicitation process as part of CCAA proceedings.
  • Advised Stornoway Diamond Corporation on its Reverse Vesting Order in the context of a credit bid transaction.


Torys‘ restructuring and insolvency team is well-known for its strengths in the energy and natural resources industries. Illustrative of the firm's work in this space, David Bish led the advice to CIBC and an eight-bank lending syndicate on restructuring Bonavista Energy Corporation’s credit facilities and bond debt. Elsewhere, the group acts for debtors, court officers and creditors on matters with a nexus to the retail, pharmaceutical, consulting and cannabis sectors. Tony Demarinis, who leads the Toronto-based team, is known for his prominence in high-stakes restructurings. Bish heads up the corporate restructuring group, offering experience in bankruptcies, receiverships and liquidations. Kyle Kashuba in Calgary is another key name.

Practice head(s):

Tony Demarinis; David Bish

Other key lawyers:

Kyle Kashuba; Scott Bomhof; Adam Slavens


The Torys restructuring and insolvency team is extremely well respected and has very strong relationships with others in this field. They have been very effective at providing key information highlights and distilling very dense, complicated files to ensure they are providing the appropriate level of detail to make effective business decisions.’

Strong practitioners with excellent experience across restructuring cases, creative and practical approaches to solving problems, and the confidence to deal with matters head-on when required. I would put them in the upper tier of firms in the space in Toronto.’

Stand-out partners include David Bish, Scott Bomhof, and Adam Slavens (all Toronto). Kyle Kashuba in Calgary continues to grow in his prominence in the market. All are very strategically minded, comprehensive, strong managers of cases and positive relationship builders.’

Extremely practical advice.’

Key clients

Orion Resources

Canadian Imperial Bank of Commerce

DDJ Capital Management, LLC

Brigade Capital Management

Western Asset Management Company

Mallinckrodt plc

QuadReal Property Group

Sagard Credit Partners


Trichome Financial Corp.

Ernst & Young Inc.

FTI Consulting Canada, as court-appointed receiver of Kew Media Group Inc.

GNC Holdings, Inc.

The Cadillac Fairview Corporation Limited

Alvarez & Marsal Canada Inc.

JT Canada LLC Inc.

KSV Kofman Inc.

First Capital Realty Inc.


Sheldon Libfeld and Jay Libfeld, co-owners of The Conservatory Group

Work highlights

  • Advising Orion Mine Finance on the $325m construction financing for Lydian International Limited’s Amulsar gold project.
  • Advised Sagard Credit Partners as senior term loan lenders under a proposed C$100m rights offering for Just Energy Group Inc.’s proposed recapitalization.
  • Advised Trichome Financial on the C$16m acquisition of substantially all of the assets of James E. Wagner Cultivation Corporation.

Borden Ladner Gervais LLP

Borden Ladner Gervais LLP is known for undertaking restructuring and insolvency mandates on behalf of energy sector and retail clients. In addition, the firm is noted for its work on behalf of the big four banks and other key financial institutions, particularly in the context of formal and informal workouts. Its team also advises court officers and other stakeholders on cross-border Chapter 11 and other bankruptcy proceedings. Alex MacFarlane and Marc Duchesne lead the team out of the Toronto and Montréal offices respectively. Other key practitioners are based in Alberta and British Columbia.

Practice head(s):

Alex MacFarlane; Marc Duchesne

Other key lawyers:

Roger Jaipargas; Josef Kruger; Francois Gagnon

Key clients

Bank of Montreal

The Royal Bank of Canada

The Bank of Nova Scotia

National Bank of Canada

Ernst & Young





Grant Thornton

Work highlights

  • Acting for Universal in the Cirque du Soleil et al CCAA Proceedings.
  • Advising BNY in its capacity as note trustee, in connection with the Hertz Chapter 11 bankruptcy filing.
  • Acting for BMO in its role as agent for the lending syndicate of bankers regarding the CCAA and Chapter 15 insolvency filing of the Aldo Group (Retail).

Cassels Brock & Blackwell LLP

Cassels Brock & Blackwell LLP's practice is at the forefront of key international restructurings and liquidations. It has a particular strength in advising on US-related matters, where it leverages its strong links to US firms, in addition to being able to field lawyers with American licenses. Elsewhere, the firm also provides restructuring expertise to clients in the UK, Africa and South America. On the domestic front, the team acts for lenders, debtors and court offices. Shayne Kukulowicz chairs the team from the Toronto office, focusing on corporate reorganizations and commercial restructurings. Mary Buttery, who is based in Vancouver, specialises in complex multi-party insolvency litigation proceedings. Ryan Jacobs is also recommended.

Practice head(s):

Shayne Kukulowicz

Other key lawyers:

Ryan Jacobs; Mary Buttery

Key clients

Ad Hoc Committee of Debenture Holders of iAnthus Capital Management, LLC

Alvarez & Marsal Canada Inc

B.E.S.T. Total Return Fund Inc

Business Development Bank of Canada

Canopy Rivers Corporation

DIP Lender and Ad Hoc Committee of Term and other Lenders to General Nutrition Centers (GNC)

Ernst & Young Inc.

Export-Import Bank of Korea and Korea Resources Corporation

Former Directors & Officers of Sears Corporation

Government of Northwest Territories

Work highlights

  • Acting for Wilks Brothers, LLC as the largest shareholder of Calfrac Well Services.
  • Acting for an ad hoc committee of debenture holders of iAnthus Capital Management, LLC, is a leading cannabis company.
  • Representing the Official Committee of Opioid Related Claimants in connection with the cross-border recognition proceedings of Mallinckrodt plc and certain of its affiliates

Davies Ward Phillips & Vineberg LLP

The restructuring team at Davies Ward Phillips & Vineberg LLP acts for a broad cross-section of clients, including creditors, bondholders, landlords, and banks. The group's broad sector expertise spans the life sciences, energy, entertainment, retail and cannabis industries, and its practice has a particular emphasis in cross-border matters. With the firm having a substantial network of offices nationally, the team is experienced in handling restructuring matters across Canada. Robin Schwill and Natasha MacParland co-head the team in Toronto, while Denis Ferland and Christian Lachance are key contacts in Montreal.

Practice head(s):

Denis Ferland; Natasha MacParland; Robin Schwill; Christian Lachance

Other key lawyers:

Louis-Martin O’Neill


‘Very strategic, very practical, very results-oriented. Extremely hard-working, diligent, focused lawyers.’

‘Robin Schwill. Very strategic, extremely practical and never takes his eye of the ultimate result desired.’

‘This practice is led by two industry leaders, being Robin Schwill and Natasha MacParland. They are both highly recognized and excellent practitioners, who are known to be practical and commercial when providing their legal advice. They have a strong team and are lean, unlike some of their large firm competitors.’

‘I have had the opportunity to work closely with Denis Ferland, Christian Lachance and Louis-Martin O’Neill in the past year on high profile restructuring files, and although complicated and challenging, the issues were dealt with business acumen and efficiency.’

‘Denis Ferland has an elder statesmen type of aura that is both comforting and business-driven. An added value in files where out of the box solutions are put forward.’

‘Christian Lachance is one of the better names for business acumen in our industry. Smart, practical, and just an all around good guy with whom it is a real pleasure to work with.’

‘Very good level of knowledge, Very good response time to questions, excellent relationship.’

‘Denis Ferland is very personable He is able to easily convey complex processes into understandable language. He offers a high degree of competency in insolvency and a pleasure to work with.’

Key clients

McCain Foods Limited

Alvarez & Marsal Canada

Laurentian University



HSBC Bank Canada

FTI Consulting, Inc.

KSV Restructuring Inc.

Willoughby Asset Management

Crystallex International Corporation

FCF Co., Ltd.

Cadillac Fairview

Fulcrum Capital Partners

McKesson Corporation

Work highlights

  • Acted for KSV Kofman Inc. in its role as monitor of James E. Wagner Cultivation Corporation in its CCAA proceedings.
  • Acted for companies formerly known as Bluberi Gaming Technologies Inc. and Bluberi Group Inc. with regards to appellate restructuring proceedings before the Supreme Court of Canada.
  • Acted for The Pallinghurst Group, a UK-based private investor in the global natural resources sector, in its joint 50-50 acquisition with Investissement Québec (IQ) of Québec-based Nemaska Lithium Inc.


Dentons‘ team undertakes a mix of domestic and cross-border bankruptcy, insolvency and restructuring work for clients, and it has particular expertise in the energy, mining, retail, cannabis and real estate sectors. The group is also known for its work for major lenders and accounting firms, including distressed asset acquisitions and security issues, with the firm on regular approved restructuring counsel lists. Calgary-based partner David Mann, who heads up the practice, has over 25 years of restructuring experience. John Sandrelli in Vancouver is also a key name.

Practice head(s):

David Mann

Other key lawyers:

John Sandrelli


Very collaborative team, assertive at the right time, capable and versatile professionals.’

Key clients

Alvarez and Marsal



Royal Bank of Canada

Wilmington Trust, National Association

Wilmington Trust, National Assocation

The Toronto-Dominion Bank

Deloitte Restructuring Inc

BDO Canada Limited

Triust Bank

Work highlights

  • Advised Alvarez and Marsal Canada Inc., in its capacity as the Receiver of numerous real estate properties formerly owned by Strategic Group, pursuant to the CCAA.
  • Acted as counsel to the Second Lien Note Trustee in respect of CCAA proceedings for Dominion Diamond Mines with an approximate $1.5bn transaction value.
  • Ongoing counsel to Royal Bank of Canada in relation to the receivership of the Reid-Built Group of Companies, a major residential builder in Alberta.


In addition to handling informal workouts and restructurings, Fasken acts for a wide range of clients on formal proceedings under the Companies’ Creditors Arrangement Act, Canada Business Corporations Act and Bankruptcy and Insolvency Act. According to a client, ‘they excel in providing practical and creative solutions for their clients in some of the most complex restructuring situations.’ The team, which is led by Toronto-based partner Stuart Brotman, includes Brandon Farber in Montréal and Vancouver-based partner Kibben Jackson. John Grieve QC is another key individual.

Practice head(s):

Stuart Brotman

Other key lawyers:

Brandon Farber; John Grieve QC; Kibben Jackson


‘Excellent service, very timely responses, and a wide array of experience in several different types of industries. I am comfortable entrusting matters in their hands. They get the job done and are good at it. ’

‘What makes Fasken great are the team members. Not only are they good at what they do, they’re also excellent people outside of work.’

‘The Fasken restructuring team is an experienced team with deep technical expertise combined with a practical, business-oriented approach. They are well connected with the Montreal business community and are generally involved in all major restructuring files in Montreal.’

‘Brandon Farber is responsive, technically strong and a trusted lawyer on files. He has a good rapport with his clients and consistently provides high-quality advice and legal work.’

Work highlights

  • Acted for Kingswood Capital Management, LP on its distressed acquisition of Mountain Equipment Co-op under the CCAA.
  • Advised Ernst & Young on the restructuring of Cirque du Soleil under the CCAA.
  • Represented RCM Capital Management Ltd. and SESA-BC Holdings Ltd. in the CCAA proceedings of Quest University Canada (Quest).

Gowling WLG

Gowling WLG has a strong pedigree for handling cross-border restructurings and insolvencies for creditors, debtors and court-appointed officers. Its global platform also makes it a strong choice for multinational companies. According to a client, a distinguishing feature of the practice is 'the unique combination of litigation and deal-making talent necessary to support turnarounds, restructurings and insolvency matters in a practical, strategic manner". Clifton Prophet and David Cohen, who are both based in Toronto, are the names to note.

Practice head(s):

Clifton Prophet; David Cohen

Other key lawyers:

Tom Cumming


‘Highly responsive team with broad and deep capabilities. Take a pragmatic, commercial perspective and provide clear advice/recommendations rather than simply outlining the issues/alternatives.’

‘Clear, well-reasoned recommendations, combined with the willingness and ability to play a coordinating role on complex, syndicated files.’

‘The unique combination of litigation and deal-making talent necessary to support turnarounds, restructurings and insolvency matters in a practical, strategic manner, with litigation excellence when required. Well-respected, experienced lawyers and experts in their fields, who are well-connected for cross-border matters as well.’

‘Cliff Prophet and David Cohen bring a unique complementary litigation/insolvency and financial services/deals approach to projects that is very collaborative. Their expertise is woven well together and stands alone, as the situation requires.’

Key clients


King Street Company Inc. and its affiliates.

Bowra Group – Quinsam Coal Corporation

2607380 Ontario

Merchant Growth – Creditloans Canada

JMB Crushing Systems

Redrock Camps Inc.

FTI Consulting Inc.

Otera Capital Inc.

ATB Financial

Lakehead University

Work highlights

  • Advised KPMG as monitor on the CCAA proceedings for unsecured and secured claims made amounting to approximately $60m.
  • Represented King Street Company in its restructuring proceedings pursuant to the Companies’ Creditors Arrangement Act.
  • Represented JMB Crushing systems in its CCAA proceedings, the first in Alberta where the reverse vesting order mechanism was employed.

Norton Rose Fulbright

Norton Rose Fulbright's national practice is complemented by the firm's wider global platform, making it a go-to for advice on domestic and cross-border restructurings. Led by Montréal-based partner Luc Morin, the team stands out for its expertise in the retail, energy and natural resources sectors. It generates mandates from clients such as lenders, debtors and court-appointed officers, among others. Senior partner Howard A. Gorman QC is a key name in the Calgary office. Jennifer Stam in Toronto is also recommended, as is Christian Roy in Quebec City.

Practice head(s):

Luc Morin

Other key lawyers:

Howard A. Gorman QC; Jennifer Stam; Christian Roy

Key clients

Investissement Québec

Mountain Equipment Co-operative

Ernst & Young Inc.

Wells Fargo

Senior Noteholders

Bank of America, N.A.

HSBC Bank Canada

Deloitte Restructuring Inc.


PricewaterhouseCoopers Inc.

MNP Ltd.

Cequence Energy Ltd.

Stuart Olson Inc.

FTI Consulting Canada Inc.

KSV Restructuring Inc.

Work highlights

  • Representing FTI Consulting Canada Inc., the court-appointed monitor overseeing the insolvency of Sears Canada.
  • Acted as counsel to Investissement Québec in connection with the filing by Nemaska Lithium Inc. and affiliates in the first Reverse Vesting Order to be granted under the CCAA after a contested hearing.
  • Acted for Mountain Equipment Co-op in connection with its creditor protection proceedings under the CCAA and subsequent successful sale as a going concern.

DLA Piper (Canada) LLP

At DLA Piper (Canada) LLP, the practice is led by Edmonton-based partner Brian Davison QC, who has over 40 years of experience in corporate reorganisations, debt restructurings, bankruptcies, loan workouts and receiverships. The team also includes Colin Brousson in Vancouver and Jerritt Pawlyk in Edmonton, who recently joined from Gowling WLG and Bishop & McKenzie LLP respectively. Edmond Lamek is also a key individual.

Practice head(s):

Brian Davison QC

Other key lawyers:

Edmond Lamek; Colin Brousson; Jerritt Pawlyk

Key clients

Canadian Tire REIT


Intercap Equity Inc

Ernst & Young Inc.‎

CMLS Financial Ltd.

Vanchorverve Foundation

Atlantic Auto Performance Ltd. ‎


Celadon Group Inc. ‎

The Royal Bank

Computershare Trust Company of Canada ‎

MNP Ltd. ‎

Alberta Securities Commission (ASC)‎

Lightstream Resources Ltd

Zeifman Partners Inc.‎

Work highlights

  • Advised KN AGRI LLC and its subsidiary FERONIA KNM srl. on its acquisition and refinancing ‎of Plantations et Huileries du ‎Congo SA.
  • Advised the monitor, Ernst & Young, on an international CCAA of the UrtheCast ‎Group, a business that provides satellite imaging, data services and geoanalytics.
  • Advising CMLS, which is the syndicate leader for Desjardins, UOB, and First Bank, on CCAA filing of Port Capital Development (EV) Inc. ‎

Lax O'Sullivan Lisus Gottlieb LLP

Lax O’Sullivan Lisus Gottlieb LLP, which is a boutique litigation firm in Toronto, is frequently engaged by leading commercial law firms to act as trial co-counsel in major bankruptcy and insolvency cases. The firm has been taken on for a number of high-profile matters, including the Purdue Pharma and Big Tobacco insolvency cases. It acts for a full range of stakeholders, including debtors, creditors and court monitors. Matthew Gottlieb and Jonathan Lisus co-head the practice.

Key clients

Sears Canada

Purdue Pharma

Hudson’s Bay Company

KSV Restructuring Inc

J. Douglas Cunningham, Q.C

Work highlights

  • Appointed as counsel to the court-appointed mediator in the Imperial Tobacco Limited, JTI-MacDonald Corp. and Rothmans, Benson & Hedges Inc. CCAA proceedings.
  • Appointed litigation investigator by the Ontario Superior Court of Justice to investigate potential claims on behalf of Sears Canada to increase assets within the estate and to review payments made to shareholders.
  • Serving as counsel to the Sackler Families in the Purdue Pharma CCAA proceeding and proposed national class action.

Lenczner Slaght

Lenczner Slaght, which is well-known as a leading name for litigation, acts for clients such as debtors, creditors, monitors and receivers. The team demonstrates prowess in matters such as commercial reorganisations, receiverships and bankruptcies. Its courtroom experience covers all levels of courts. Matthew Lerner, Peter Osborne and Monique Jilesen are key contacts. The practice is based in Toronto.

Practice head(s):

Matthew Lerner; Peter Osborne; Monique Jilesen

Key clients

The Board of Governors of Laurentian University

Canopy Growth Corporation

G2S2 Capital Inc


Sears Holding Corporation

Blue Goose Capital Corporation and Blue Goose Foods Ltd.

Ernst & Young Inc Re ACE Aviation Holdings Inc

Green Relief Inc.



Zurich Insurance Company

Work highlights

  • Act for the Board of Governors of Laurentian University in its pursuit of a restructuring under the CCAA.  
  • Act for G2S2 Capital Inc, one of the Senior Unsecured Noteholders in Calfrac Well Services Ltd. who are supporting a plan of arrangement.
  • Acting for Canopy growth in the insolvency of a cannabis greenhouse joint venture, PharmHouse Inc. in Windsor, Ontario.