Partner
“Natasha has not just been granted the mantle of leadership, she has earned it through hard work, perseverance and intelligence, as well as a relentless commitment to legal excellence. Natasha is very, very good at what she does.”
Client – Chambers Canada 2022
Natasha provides clients with smart solutions for their high-end insolvency and restructuring challenges. She advises on a broad variety of debt restructuring, bankruptcy and insolvency, corporate debtor/creditor rights enforcement, turnarounds, work-outs, and plans of arrangement under the Companies’ Creditors Arrangement Act.
Natasha has advised on many significant and groundbreaking restructurings and insolvencies. Noted for her ability to take “real leadership, even beyond the legal affairs,” Natasha also earns praise for big-picture understanding of her clients’ needs: “She coordinated multiple complex situations that evolved, and managed a wide variety of sensitive shareholders extremely well” (Chambers Canada 2022).
Clients frequently consult Natasha for strategic advice and risk analysis on deal structuring and lending. She regularly acts for a number of North America’s best-known private equity firms in their acquisition of distressed entities and participation in distressed sales and investor solicitation processes.
Partner
“Natasha has not just been granted the mantle of leadership, she has earned it through hard work, perseverance and intelligence, as well as a relentless commitment to legal excellence. Natasha is very, very good at what she does.”
Client – Chambers Canada 2022
Natasha provides clients with smart solutions for their high-end insolvency and restructuring challenges. She advises on a broad variety of debt restructuring, bankruptcy and insolvency, corporate debtor/creditor rights enforcement, turnarounds, work-outs, and plans of arrangement under the Companies’ Creditors Arrangement Act.
Natasha has advised on many significant and groundbreaking restructurings and insolvencies. Noted for her ability to take “real leadership, even beyond the legal affairs,” Natasha also earns praise for big-picture understanding of her clients’ needs: “She coordinated multiple complex situations that evolved, and managed a wide variety of sensitive shareholders extremely well” (Chambers Canada 2022).
Clients frequently consult Natasha for strategic advice and risk analysis on deal structuring and lending. She regularly acts for a number of North America’s best-known private equity firms in their acquisition of distressed entities and participation in distressed sales and investor solicitation processes.
Navigating Uncertainty: The Impact of Tariffs and Economic Shifts on Canadian Insolvencies
May 13, 2025 - In this issue of Insolvency Now, we continue to report on data trends from Q3 and Q4 of 2024, during which we noticed that the number of insolvency filings had steadily decreased compared with the previous year, returning to Q2 and Q3 2023 levels. Key Takeaways: U.S. tariffs on Canadian...
INSOL International Lima Seminar, “Navigating the Generative AI Era: Opportunities for Insolvency Professionals”; Lima, Peru
May 06, 2025
In Case You Missed It: Decisions on Our Radar, co-author
Mar. 14, 2025 - Rebuilding Success - Spring/Summer 2025 (CAIRP)
Read the article.
International Insolvency Institute, UCC Regional Conference, “Decoding Cryptocurrency Valuation Issues in Insolvency Proceedings and the Use of AI in Expert Testimony”; Chicago, IL
Jan. 15, 2025
Nov. 19, 2024 - In this issue of Insolvency Now, we report on the data trends we are seeing so far in 2024 compared with when we first started tracking data in 2019. Key Takeaways: Overall, we are seeing a marked increase in filings, but we are not yet seeing the level of sector-specific distress one...
CBA National Insolvency Law Conference, “Supreme Court of Canada – Overview of Three Insolvency Cases from the SCC”; Banff, AB
Oct. 18, 2024
Interview, Lexpert Special Edition: Insolvency and Restructuring, “Restructuring experts highlight Canada’s looming insolvency crisis”; Web Publication
Oct. 15, 2024 - Read the article.
Insolvency Institute of Canada, “Departing from Precedent: Diversity & Inclusion in the Restructuring Profession”; Webcast
June 11, 2024
Panelist, IWIRC Western Canada and IWIRC Ontario, “Cross Canada Caselaw Update”; In person and online
May 22, 2024
Insolvency Insider, Lenders Conference, “Liability Management Transactions: An Overview”; Toronto, ON
Apr. 25, 2024
Finance Canada, “Crypto Assets”; Toronto, ON
Mar. 25, 2024
2023 Business Insolvencies in Canada
Mar. 05, 2024 - As we predicted in earlier issues of Davies Insolvency Now, the year 2023 reflected the anticipated increase in business insolvency activity. In this issue, we perform a comparative review of business insolvencies from 2023, examine the fluctuating volume and decreasing asset values, look...
Panelist, Toronto Advocates’ Society (“TAS”) Insolvency Litigation Practice Group, “Leap Into Insolvency – When Practice Groups Collide”; Webcast
Feb. 29, 2024
In Case You Missed It: Decisions on Our Radar, co-author
Feb. 06, 2024 - Rebuilding Success - Spring/Summer 2024 (CAIRP)
Read the article.
International Insolvency Institute, “Insolvency Tools in Financial Fraud: Recovering and Monetizing Digital Assets”; New York
Jan. 17, 2024
Doing Business in Canada 2023, contributor
Nov. 14, 2023 - Davies’ Doing Business in Canada guide provides executives, in-house counsel and foreign investors with an overview of the legal framework governing Canadian business operations and outlines key considerations for investing and conducting business in Canada…
Interview, Law360 Canada, “Bankruptcies, AI’s use in insolvency process on the rise, says Davies report”; Web Publication
Nov. 06, 2023 - Read the article.
Panelist, International Women's Insolvency & Restructuring Confederation (IWIRC), On the Vine Conference - Santa Barbara Wine Region Edition, “Executory Contracts in Bk: How Can We Get Through This Together (or Not)”; Santa Barbara, CA
Nov. 04, 2023
Business Insolvency on the Rise in Canada: Understanding the Role of AI
Oct. 12, 2023 - The first half of 2023 saw a significant increase in business insolvencies as economic sectors responded to uncertain financial conditions in Canada and around the world. In this issue of Davies Insolvency Now, we examine the impact of this rolling recession by sector and region. We also...
Panelist, Insolvency Institute of Canada, Future Leaders Conference; Toronto, ON
Oct. 10, 2023
In Case You Missed It: Decisions on Our Radar, co-author
Oct. 08, 2023 - Rebuilding Success - Fall/Winter 2023 (CAIRP)
ADR in Canadian Insolvency Proceedings: An Overview, co-author
May 09, 2023 - Canadian Arbitration and Mediation Journal – Spring 2023
Read the article.
Rolling Into 2023: Mild Slumps and Jumps in Insolvency Numbers
Mar. 09, 2023 - What does a “rolling recession” mean from an insolvency perspective? In this issue of Davies Insolvency Now, we look to the 2022 Q4 data from across Canada for answers. We also set out the court-supervised arrangement process under the Canada Business Corporations Act, an...
In Case You Missed It: Decisions on Our Radar, co-author
Jan. 23, 2023 - Rebuilding Success - Spring/Summer 2023 (CAIRP)
Read the article.
Natasha MacParland on the Fall of Cryptocurrencies
Jan. 05, 2023 - In a Canadian Lawyer article, partner Natasha MacParland notes that the recent crypto bankruptcy cases present “novel” issues regarding the treatment of cryptocurrency assets and the relief available to stakeholders in insolvency proceedings. These cases have exposed “a gap in the...
Dec. 02, 2022 - In an article published in The Hill Times (available to subscribers), Natasha MacParland and Robin Schwill say insolvencies in the crypto sector raise issues already seen in cannabis bankruptcies. Natasha and Robin note they are looking for the federal government to modernize Canada’s...
Financial Gloom and the Increase in Insolvency Filings
Nov. 16, 2022 - In this issue of Davies Insolvency Now, we highlight the significant data points in rising insolvency filing rates and provide a Canadian lens on the digital asset marketplace. With recent drops in crypto prices severely affecting several digital asset lenders and exchanges, we explore...
American Bankruptcy Institute, 2022 International Insolvency & Restructuring Symposium, “Shall we Dance?”; London, U.K.
Oct. 14, 2022
In Case You Missed It: Decisions on Our Radar, co-author
Sept. 20, 2022 - Rebuilding Success - Fall/Winter 2022 (CAIRP)
Canada’s Shifting Credit and Insolvency Landscapes
July 27, 2022 - In this issue of Davies Insolvency Now, against a backdrop of rising inflation and interest rates, we take a deep dive into the legislation that regulates rates of interest in Canada, drawing on recent court decisions to help parties avoid common pitfalls in structuring deals. We then...
Insolvencies in 2021: A Look Back and the Road Ahead
Apr. 06, 2022 - As government supports recede and the focus shifts toward economic recovery, in this issue of Davies Insolvency Now, we take a deep dive into the implications of 2021 insolvency data for 2022, and explore the Canadian application of two key themes emerging from the 2022 World Development...
Trending Decisions: Cases We Are Following, co-author
Mar. 10, 2022 - Rebuilding Success, Spring/Summer 2022 (CAIRP)
Download this article.
International Views: A Canadian Playbook for 2022
Feb. 09, 2022 - In 2022, we expect to see an uptick in restructurings and insolvencies as fiscal protections expire and businesses face continued cash shortfalls, mounting debt obligations, altered consumer behaviours and rising interest rates. Despite these challenges, while we recognize the immeasurable human...
INSOL International, Virtual Live Forum, “Interplay between insolvency practice and leading-edge technologies”; Webcast
Dec. 09, 2021
Co-chair, Insolvency Institute of Canada, 2021 National Conference
Nov. 04, 2021
Moderator, Insolvency Institute of Canada, 2021 National Conference, “Global Restructuring Leaders - The International Insolvency Institute Perspective”; Webcast
Nov. 04, 2021
Q2 2021 Insolvencies: Crunching the Numbers and Keeping Good Faith
Oct. 21, 2021 - Most of us have stopped asking, “When will it be over?” and have started wondering how we can live with COVID-19 – and how it will change our behaviour from now on. In the context of restructuring, as we saw during the recent Canadian federal election, bankruptcy and insolvency have become topics...
Trending Decisions: Cases We Are Following, co-author
Sept. 06, 2021 - Rebuilding Success, Fall/Winter 2021 (CAIRP)
Download this article.
Davies Restructuring Review 2021: Issue 2
June 17, 2021 - Canada’s economy has continued to fare surprisingly well since we published the first issue of our 2021 Restructuring Review in March, despite continuing pandemic restrictions. However, insolvency-related concerns, such as long-term unemployment and the continued struggles of locked-down...
The Advocates’ Society, Commercial List Advocacy, “Productive Chambers Appointments, Pre-Hearing Appearances and Judge-led Mediations”; Webcast
Apr. 09, 2021
Natasha MacParland and Robin Schwill Explain Drop in Business Insolvencies to the Toronto Star
Apr. 05, 2021 - In a recent article in the Toronto Star, Davies partners Natasha MacParland and Robin Schwill discuss the reasons why fewer businesses than normal went bust in 2020 despite the pandemic lockdowns. Natasha, one of the authors of a recent report by Davies on business insolvencies, said the...
Mar. 24, 2021 - The emergence of reverse vesting orders (RVOs) to facilitate sales under the Companies’ Creditors Arrangement Act was a significant feature of insolvency-related court proceedings in 2020, according to a Davies report highlighted this week in Canadian Lawyer. In the article,...
Davies Restructuring Review 2021: Issue 1
Mar. 02, 2021 - Although 2020 may be behind us, the economic conditions and lockdowns caused by the COVID-19 pandemic still linger. With the emerging picture for Canada in 2021 looking to largely resemble that of 2020, many are wondering how long struggling businesses and their creditors can hold their breath...
Trending Decisions: Cases We Are Following, co-author
Feb. 25, 2021 - Rebuilding Success, Spring/Summer 2021 (CAIRP)
Download this article.
Natasha MacParland and Christian Lachance Discuss Davies’ Insolvency Study with Canadian Lawyer
Jan. 15, 2021 - Business insolvencies in Canada declined in 2020 despite COVID-19, according to a recent Davies report highlighted this week in Canadian Lawyer. Davies partners Natasha MacParland and Christian Lachance spoke to the magazine about what the findings reveal and what they might signify for...
Canadian Insolvency Trends in 2020: A Pandemic Year in Numbers
Dec. 17, 2020 - The economic conditions caused by the COVID-19 pandemic are unprecedented: unemployment is up, consumer confidence is down, countless businesses have permanently closed and many others are barely holding on. Yet the number of bankruptcies of individuals and small and medium-sized businesses has...
Co-chair, Insolvency Institute of Canada, 2020 National Conference; Webcast
Nov. 26, 2020
Trending Decisions: Cases We Are Following, co-author
Nov. 15, 2020 - Rebuilding Success, Fall/Winter 2020 (CAIRP)
Download this article.
Trending Decisions: Cases We Are Following, co-author
July 07, 2020 - Rebuilding Success, Spring/Summer 2020 (CAIRP)
Download this article.
Canadian Association of Insolvency and Restructuring Professionals (CAIRP), 17th Annual Review of Insolvency Law Conference, “Trust me – The Addition of the Duty of Good Faith to Insolvency Legislation”; Vancouver, BC
Feb. 07, 2020
Insolvency Institute of Canada, Annual Conference and General Meeting, “Three Peas in a Pod”; Naples, Florida
Oct. 26, 2019
Trending Decisions: Cases We Are Following, co-author
Aug. 15, 2019 - Rebuilding Success, Fall/Winter 2019 (CAIRP)
Download this article.
The Advocates’ Society, Insolvency Litigation, “Recent Cases of Interest and Cases to Watch,” Toronto, ON
Apr. 12, 2019
Trending Decisions: Cases We Are Following, co-author
Mar. 15, 2019 - Rebuilding Success, Spring/Summer 2019 (CAIRP)
Download this article.
Insolvency Institute of Canada, Annual Conference & General Meeting, “View from Special Loans”; Charlottetown, PEI
Sept. 29, 2018
Natasha MacParland and Natalie Renner Introduce Feature Column in Rebuilding Success Magazine
Sept. 24, 2018 - Davies partners Natasha MacParland and Natalie Renner will be authoring a regular feature column in Rebuilding Success, the official magazine of the Canadian Association of Insolvency and Restructuring Professionals. Launched in the magazine’s Fall/Winter 2018 edition, the column,...
The Advocates’ Society, “Conduct-Based Claims in Insolvency Litigation”; Toronto, ON
June 01, 2018
Insolvency Institute of Canada, “#that’s mine! A Discussion of Recent CRA Priority Cases”; Toronto, ON
Feb. 27, 2018
Osgoode Hall Law School, Professional Development, “Employees and Insolvency”; Toronto, ON
Jan. 10, 2018
Perfection by Control of Security Interests in Cash Collateral Accounts: Recent Ontario Developments
Dec. 07, 2016 - From a lender’s perspective, perfection of its security interest in collateral by control provides stronger protection than perfection by registration. A security interest perfected by control will generally prevail over other interests in the same collateral, including even a prior security...
Appealing? Recent Trends in Motions and Applications for Leave to Appeal Under the Companies' Creditors Arrangement Act, co-author
Sept. 30, 2016 - Journal of the Insolvency Institute of Canada, Vol. 5 (Toronto: Carswell)
International Women’s Insolvency & Restructuring Confederation, “The Supreme Court’s Decision in Bhasin and the Duty of Good Faith in Insolvency”
Oct. 01, 2015
Co-chair and panelist, Insolvency Institute of Canada, annual conference and general meeting; Palm Springs, CA
Sept. 01, 2015
Financier Worldwide, Bankruptcy in the Americas Roundtable
Jan. 01, 2015
Insolvency Institute of Canada, annual conference and general meeting
Sept. 01, 2014
Quick Flip Sales in Insolvency Proceedings, co-author
Jan. 31, 2014 - Financier Worldwide Magazine (Financier Worldwide Ltd.)
Read more on Quick Flip Sales in Insolvency Proceedings.
Financier Worldwide, Bankruptcy in the Americas Roundtable
Jan. 01, 2014
Insolvency, co-author
Oct. 30, 2013 - Bullen & Leake & Jacob's Canadian Precedents of Pleadings, 2d ed. (Toronto: Carswell)
The Canadian Institute, 13th Annual Forum on Insolvency & Restructuring, “New Developments in Interim Financing: What You Need to Know to Facilitate a Successful Going-Concern Restructuring”
Oct. 01, 2013
The Canadian Institute, The Annual Review of Insolvency Law Conference
Feb. 01, 2013
Director and Officer Issues in Insolvency: 2002-2012, co-author
Dec. 31, 2012 - Annual Review of Insolvency Law, 2012
“Dangerous Waters: The New Normal?”
Apr. 01, 2012
Governance of the Financially Distressed Corporation in Global Capital Markets: Selected Aspects of the Financing and Governance of Canadian Enterprises in Cross-Border Workouts
Sept. 15, 2003 - Corporate Governance in Global Capital Markets (Vancouver: UBC Press)
Chambers Global: The World’s Leading Lawyers for Business—Restructuring/Insolvency
Chambers Canada: Canada’s Leading Lawyers for Business—Restructuring/Insolvency
Turnaround Management Association—Women of Excellence Award, Today’s Leader (2019)
IFLR1000: Guide to the World’s Leading Financial Law Firms—Restructuring and Insolvency (Highly Regarded)
IFLR1000: Women Leaders—Restructuring and Insolvency
The Legal 500 Canada—Restructuring and Insolvency (Leading Partner)
Lexpert Special Edition: Restructuring and Insolvency
Lexpert's Leading 500 Cross-Border Lawyers: A Guide to Doing Business in Canada—Insolvency and Financial Restructuring
Lexpert Rising Stars: Leading Lawyers Under 40
The Canadian Legal Lexpert Directory—Insolvency and Financial Restructuring: Financial Restructuring (Most Frequently Recommended); Corporate Commercial Law
The Best Lawyers in Canada—Insolvency and Financial Restructuring Law
Lawdragon 500 Leading Global Restructuring & Insolvency Lawyers
Who's Who Legal: Thought Leaders; Who's Who Legal: Restructuring and Insolvency; Who's Who Legal: Canada—Restructuring and Insolvency
Expert Guides’ Women in Business Law; Expert Guides—Restructuring and Insolvency
Ontario, 1999
Newfoundland and Labrador, 1998
Dalhousie University, LLB, 1997
Memorial University of Newfoundland, BA (Political Science & Commerce), 1994
American Bankruptcy Institute
Insolvency Institute of Canada
International Association of Restructuring, Insolvency & Bankruptcy Professionals (INSOL International)
International Insolvency Association
International Women’s Insolvency & Restructuring Confederation
Ontario Bar Association
Turnaround Management Association
ARIL Society Inc.
The Havergal College Foundation
North Toronto Soccer Club
Annual Review of Insolvency Law (ARIL) Society, 12th Conference, Organizing Committee; Governance and Nominating Committee, chair
Office of the Superintendent of Bankruptcy, Oral Board of Examination, panel member
Practical Law Canada, Insolvency & Restructuring Advisory Board
World Bank Group, Insolvency and Creditor/Debtor Regimes Task Force
Natasha is a guest lecturer at Osgoode Hall Law School, the University of Toronto Faculty of Law, Schulich School of Law at Dalhousie University and Western University. She is an instructor for the Advanced Business Law Workshop at Osgoode Hall Law School.
