Our Financial Restructuring & Insolvency practice assists in evaluating the rights and remedies in addition to negotiating positions of our clients, then using our deal-making and strategic skills, identifies appropriate financing and M&A alternatives and negotiates compromises designed to achieve a "win-win" result for all stakeholders. If necessary, we use the courts and corporate and insolvency legislation to implement or impose a result, which assists our clients in achieving both their business objective and timetable. We draw on our firm's expertise in corporate finance, mergers and acquisitions, tax and litigation to provide a complete strategic approach to restructuring. Several of the restructurings we have been involved with have had significant multinational components and, in this regard, we have worked closely with insolvency practitioners and courts in other jurisdictions to achieve a coordinated result. This has allowed us to develop a working understanding of U.S. and U.K. insolvency law and procedure which has been helpful in advising our clients.
Our Restructuring & Insolvency practice focuses primarily on businesses in financial difficulty. We have acted for:
- Institutional secured and unsecured lenders;
- Non-institutional lenders;
- Trade creditors;
- Employee and management groups;
- Court-appointed monitors and receivers;
- Boards and committees of directors;
- Interim management;
- Other parties that are directly or indirectly affected by a company in financial difficulty.
Senior members are repeatedly recognized in The Canadian Legal Lexpert® Directory, The Lexpert®/American Lawyer Guide to the Leading 500 Lawyers in Canada, the PLCWhich lawyer? Yearbook, International Who's Who of Business Lawyers for work in financial restructuring & insolvency and Chambers Global: Guide to the World's Leading Lawyers for Business.
Members of our practice have delivered many papers in Canada and elsewhere dealing with issues arising in complex restructurings and, in addition, we frequently lecture on this subject at Canadian law schools. Our lawyers have made presentations to Insol, the insolvency section of the Canadian Bar Association and Ontario Bar Association, the Canadian Insolvency Foundation, the Canadian Association of Insolvency and Restructuring Professionals, the Conseil québécois de l’insolvabilité, the Insolvency Institute of Canada and Osgoode Hall Law School.