Norton Rose Fulbright ‘combines top class restructuring counsel with excellent litigation’ to advise clients on cross-border restructuring and insolvency issues from Canada. The practice is noted for its creditor-focused approach, advising creditors on CCAA proceedings and fillings. It also advises on debtor side issues and distressed M&A transactions. Another area of note is the firm’s expertise in reverse vesting order structures (RVO), handling a myriad of RVO transactions. Guillaume Michaud leads the practice from Montréal and is experienced in handling restructuring and insolvency transactions and litigation with a focus on debtor-led restructurings. Evan Cobb resides in Toronto and represents clients in informal restructurings and CCAA proceedings. Jennifer Stam is also a key member of the Toronto team and handles national and international CCAA restructurings. Katie Mak joined the Vancouver team in March 2025 following her departure from Clark Wilson LLP.
Legal 500 Editorial commentary

Accolades

Client satisfaction

Testimonials

Collated independently by Legal 500 research team.

  • ‘Seamless interconnected network across North America makes Norton Rose Fulbright a go-to firm for us. We have had very good experiences working with the team.’

  • ‘Evan Cobb is extremely thoughtful and effective to advance a case to completion. Katie Mak is an up-and-comer in the industry who will flourish at Norton Rose Fulbright.’

  • ‘The practice is nimble and able to deliver results.’

  • ‘Jennifer Stam and Guillaume Michaud are both exceptionally relationship and service-orientated. They ensure they deliver value and continually seek ways to provide that value, beyond just on the matters that they are engaged on.’

  • ‘Norton Rose Fulbright combines top class restructuring counsel with excellent litigation, corporate and banking expertise.’

  • ‘Evan Cobb gives first class restructuring advice, is calm, a strategic thinker and an excellent in court presence. Orestes Pasparakis is the best combination of first-class litigator and restructuring counsel in the country.’

Key clients

  • AXIA Foundation
  • Caisse de dépôt et placement du Quebec
  • Deloitte Restructuring
  • Ernst & Young
  • Fiera Private Debt
  • Finalta Capital Fund
  • Investissement Québec
  • MGB Investments
  • National Bank of Canada
  • Skylink Express
  • Stornoway Diamonds (Canada)
  • Taiga Motors

Work highlights

Advised Fiera Private Debt on a creditor-led CCAA proceeding of The Halifax Herald and Saltwire Network.
Advised a syndicate of senior lenders, in particular the National Bank of Canada, on a competing CCAA application where a creditor-led application seeking the implementation of a genuine creditor-led restructuring was approved by the Court.
Advised Ernst & Young on an effort to recover funds from a former director and officer of Bondfield and his co-conspirators who had carried out a false invoice scheme.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Guillaume Michaud

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

Guillaume Michaud

Other key lawyers

Evan Cobb; Katie Mak; Jennifer Stam; Orestes Pasparakis