
Gowling WLG utilizes its global network across Canada, the UK, Europe, Asia and the Middle East to advise both domestic and international clients on multi-jurisdictional and cross-border insolvencies and restructurings. Clients of the firm include financial institutions, institutional lenders and commercial real estate clients. The team is experienced in representing creditors, debtors and court-appointed officers. The practice is led out of Montréal by Geneviève Cloutier, who represents financial institutions and private lenders in corporate reorganizations, bankruptcies and distressed acquisitions. Names to note from the Toronto team include David Cohen, who is an expert in financing and distressed M&A; Asim Iqbal, an expert in restructurings and special situations; and associate Kate Yurkovich, who assists in a range of issues.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Testimonials
Collated independently by Legal 500 research team.
- ‘We leveraged Gowling WLG to aid with understanding the structural risks/ indentify key shareholder issues when developing the recovery strategy. The insolvency team work extremely well at providing options for consideration that focus on reputational risks, process risks and timing.’
- ‘Cliff Prophet and Kate Yurkovich are extremely efficient and respond with actionable plans. It is important that a recovery strategy be developed early which is what Cliff and Kate facilitate well and help define key stages and milestones. They are exceptional at communications with the creditor (counsel) and keeping the lender current.’
Key clients
- Canada Infrastructure Bank
- BRON Media
Work highlights
Advised Canada Infrastructure Bank on negotiations leading to the filing of the application to seek CCAA protection for Varennes Cellulosic Ethanol LP (VCE).
Lawyers
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Practice head
Geneviève Cloutier
Other key lawyers
Cliff Prophet; Kate Yurkovich; Asim Iqbal; Thomas Gertner; David Cohen
