Financial Restructuring and Insolvency

The Body Shop Canada Limited, 2024

Acting for The Body Shop Canada Limited Inc. with its restructuring under the Bankruptcy and Insolvency Act, which include liquidating 33 stores across Canada. 

PricewaterhouseCoopers Inc., SAI, 2024

Acting for PricewaterhouseCoopers Inc., SAI in its capacity as trustee of Just for Laughs Group in proceedings under the Companies' Creditors Arrangement Act. 

Mastermind Toys, 2023

Acted for Mastermind Toys in its proceedings under the Companies' Creditors Arrangement Act, which included liquidating 18 stores and the sale of majority of its locations to Mastermind Toys Inc., a subsidiary of Unity Acquisitions Inc.

Fonds immobilier de solidarité FTQ and Fonds de solidarité, 2023

Acted for Fonds immobilier de solidarité FTQ and Fonds de solidarité with the restructuring of Groupe Sélection under the Companies' Creditors Arrangement Act relating to the acquisition of Groupe Sélection’s entire interest in the historic site District des Brasseurs (former Molson Brewery), and the subsequent sale of a portion of such interest to Montoni, making FTQ and Montoni equal owners of the property.

Tenneco, 2023

Acting for Tenneco, in its capacity as a large customer in the receivership of UTIL Canada under the Bankruptcy and Insolvency Act.

Banque de Développement du Canada, 2023

Acting for Banque de Développement du Canada (“BDC”) in relation to the CCAA Proceedings of Forex Inc. et als. proceedings under the Companies’ Creditors Arrangement Act.

Nemaska Lithium Inc., 2023

Acting for Nemaska Lithium Inc. in proceedings instituted by Victor Cantore requesting that Nemaska be compelled to convey him a 3% net smelter return royalty on all metals extracted from Nemaska's Whabouchi mine.

Segal Apparel Inc., 2023

Acting for Segal Apparel Inc. with financial restructuring matters.

Deloitte, 2022

Acting as Canadian counsel to Deloitte as joint administrator of Links of London (UK) Ltd., a UK-based luxury brand jewellery company.

The Electric Reliability Council of Texas, Inc., 2022

Acting as Canadian counsel for the Electric Reliability Council of Texas, Inc. in defence of an adversary proceeding under Chapter 15 of the U.S. Bankruptcy Code relating to the historic February 2021 winter storm in Texas and the resulting extraordinary demands on the state's power grid.

Blue Torch Capital LP, 2021

Acted for Blue Torch Capital LP, as lender, and HPS Investment Partners, LLC, as agent, in connection with the recapitalization of ASX-listed mining company, Boart Longyear Limited, under the secured creditors' scheme and unsecured creditors' scheme approved by the Supreme Court of New South Wales, Australia.

Willoughby Asset Management Inc., 2021

Acting for Willoughby Asset Management Inc., a large unitholder, in connection with Bridging Finance Inc.'s court-appointed receivership proceedings amidst allegations of fraud and misconduct.

Laurentian University of Sudbury, 2021

Acted as lender counsel to Laurentian University of Sudbury in its restructuring proceedings under the Companies' Creditors Arrangement Act, an unprecedented occurrence for a publicly funded Canadian university.

KSV Restructuring Inc., 2021

Acting for KSV Restructuring Inc. in its role as proposal trustee pursuant to Notices of Intentions filed by YG Limited Partnership and YSL Residences Inc., developer of Yonge Street Living Residences.

Ivanhoé Cambridge Inc. and Oxford Properties Group, 2021

Acting for Ivanhoé Cambridge Inc. and Oxford Properties Group in the restructuring proceedings of Le Château Inc. under the Companies' Creditors Arrangement Act.

Atlantic Park Strategic Capital Fund, L.P., 2020

Acted as Canadian counsel for Atlantic Park Strategic Capital Fund, L.P. in its $250 million senior secured term loan due 2026 to Team, Inc.

Fulcrum Capital Partners Inc., 2020

Acted for Fulcrum Capital Partners Inc. and some of its related entities in the context of G.I. Sportz's restructuring under the Bankruptcy and Insolvency Act, utilizing the relatively rare foreign recognized Canadian receivership proceedings to implement a cross-border asset sale to the purchaser of secured debt.

Atlas Holdings LLC, 2020

Acted as Canadian counsel to Atlas Holdings LLC in its acquisition of LSC Communications, Inc., a global leader in print and digital media solutions.

HSBC Bank of Canada, 2020

Acting for HSBC Bank of Canada in its capacity as operating lender and DIP lender to Ernest Enterprises (Mtl) Ltd.

Ironbridge Equity Partners, 2020

Acted for Ironbridge Equity Partners in its acquisition (and related financing) of a controlling interest in GNI Management Group Inc., a leading provider of insulation services, from Mill Street & Co.

The Pallinghurst Group, 2020

Acted for The Pallinghurst Group, a private investor in the global natural resources sector, in its joint 50-50 acquisition with Investissement Québec of Québec-based Nemaska Lithium Inc. pursuant to a sales process under the Companies' Creditors Arrangement Act. The acquisition was structured as a credit bid with Nemaska's largest secured creditor, Orion Mine Finance, and achieved through a reverse vesting order granted by the Superior Court of Québec and upheld by the Québec Court of Appeal.

Insolvency Institute of Canada, 2020

Acted for the Insolvency Institute of Canada in connection with its intervention before the Québec Court of Appeal in the Québec controversy involving the application of section 243 of the Bankruptcy and Insolvency Act and, more specifically, the right of hypothecary creditors to have a receiver appointed and their obligation to provide timely prior notice of the exercise of a hypothecary right.

Gotham Green Partners, LLC, 2020

Acting as special tax and insolvency counsel for Gotham Green Partners, LLC, a New York-based private equity firm focused on global cannabis and cannabis-related enterprises, in the first successful restructuring of a Canadian cannabis company, iAnthus Capital Holdings, Inc., by way of a corporate plan of arrangement.

Fédération des Caisses Desjardins, 2020

Acted for Fédération des Caisses Desjardins in connection with the cross-border restructuring of Cirque du Soleil under the Companies' Creditors Arrangement Act and Chapter 15 of the U.S. Bankruptcy Code as well as the implementation of cash management arrangements and other facilities.

Atlas Holdings LLC and Blue Wolf Capital Management, LLC, 2020

Acting for Atlas Holdings LLC and Blue Wolf Capital Management, LLC in Northern Pulp Nova Scotia Corporation's proceedings under Companies' Creditors Arrangement Act.

KSV Restructuring Inc., 2020

Acting for KSV Restructuring Inc. as court appointed receiver in the restructuring proceedings of Vert Infrastructure Ltd.'s, resulting in the first ever reverse vesting order in a receivership proceeding.

Reitmans (Canada) Limited, 2020

Acting for Reitmans (Canada) Limited, a TSX-listed clothing retailer with approximately 600 stores across Canada operating under five different banners (Reitmans, Penningtons, Addition Elle, Thyme Maternity and RW&CO), in its restructuring under the Companies' Creditors Arrangement Act.

The Aldo Group Inc., 2020

Acted for The Aldo Group Inc. in its successful restructuring under the Companies’ Creditors Arrangement Act. This restructuring won Insolvency and Restructuring Deal of the Year at the 2023 Canadian Law Awards.

KSV Kofman Inc. (now known as KSV Restructuring Inc.), 2020

Acted for KSV Kofman Inc. (now known as KSV Restructuring Inc.) in its role as monitor of James E. Wagner Cultivation Corporation, a Canadian licensed cannabis producer, in connection with proceedings under the Companies' Creditors Arrangement Act, the first ever successful sale of a Canadian cannabis company without using a reverse vesting order.

Kerry Logistics (Canada) Inc., 2020

Acted for Kerry Logistics (Canada) Inc., an international freight forwarder and logistics services provider, in the restructuring under the Bankruptcy and Insolvency Act of its customer, Stokes Inc., a tableware and kitchenware retailer with 147 retail locations across Canada.

FCF Co. Ltd., 2020

Acted as Canadian counsel for FCF Co., Ltd. in its US$928-million acquisition of all the assets of Clover Leaf Foods and Bumble Bee Foods, North America's largest branded shelf-stable seafood companies, under a sale proceeding conducted under the Companies' Creditors Arrangement Act and the U.S. Bankruptcy Code.

McCain Foods Limited, 2020

Acted for McCain Foods Limited in its $70-million acquisition of Hillspring Farms Ltd., a Canadian farmer of potatoes, through a quick-flip sale in a receivership.

Québecor Inc., 2020

Acted for Québecor Inc. in connection with its proposed acquisition of Cirque du Soleil and related insolvency proceedings.

Gotham Green Partners, LLC, 2020

Acting as special Canadian insolvency counsel for Gotham Green Partners, LLC, as first lien noteholder, in DionyMed Brands Inc.'s receivership proceedings under the Bankruptcy and Insolvency Act (Canada).

Bentley Leathers Inc., 2019

Acted for Bentley Leathers Inc., a Montréal-based luggage, handbags and travel accessories retailer, in its restructuring into a new entity to preserve over 160 of its 250 stores across Canada.

McKesson Canada Corporation, 2019

Acting for McKesson Canada Corporation in Purdue Pharma's voluntary proceedings under Companies' Creditors Arrangement Act in Canada and Chapter 11 of the U.S. Bankruptcy Code.

FTI Consulting Canada Inc., 2019

Acting for FTI Consulting Canada Inc. in its capacity as court-appointed monitor of Imperial Tobacco Canada Limited and its affiliated corporation, Imperial Tobacco Company Limited, in proceedings under the Companies' Creditors Arrangement Act and Chapter 15 of the U.S. Bankruptcy Code.

Windsor Family Credit Union Limited, 2019

Acting for Windsor Family Credit Union Limited with Forme Development Group's proceedings under the Companies' Creditors Arrangement Act.

Deloitte Restructuring Inc., 2019

Acting for Deloitte Restructuring Inc. in its capacity as receiver of SPG International Ltd.

Crayola Canada, 2019

Acted for Crayola Canada with respect to its commercial and contractual relationships with Toys "R" Us (Canada) Ltd. and its affiliates (TRU) in light of TRU's proceedings pursuant to the Companies' Creditors Arrangement Act.

Official Committee of Unsecured Creditors of TK Holdings Inc., et al., 2019

Acting for the Official Committee of Unsecured Creditors in the cross-border proceedings under Chapter 11 of the U.S. Bankruptcy Code and Companies' Creditors Arrangement Act pertaining to TK Holdings Inc., including advising on Canadian insolvency and transactional considerations, regarding the sale of the Takata global business, following a component malfunction that led to a worldwide recall of more than 124 million automobiles.

Things Remembered Canada Inc., 2019

Acted for Things Remembered Inc. (Canada) and Things Remembered, Inc. (U.S.) in their cross-border restructuring proceedings under the Bankruptcy and Insolvency Act in Canada and Chapter 11 of the U.S. Bankruptcy Code.

Knight Therapeutics Inc., 2018

Acted for Knight Therapeutics Inc. in Aralez Pharmaceuticals Inc.'s voluntary proceedings under Companies' Creditors Arrangement Act and Chapter 11 of the U.S. Bankruptcy Code.

Dumur Industries, 2018

Acted for Dumur Industries, an Ironbridge Equity Partners portfolio company, in its acquisition of the operating assets of Dellcom Aerospace Inc.

Canadian Imperial Bank of Commerce, 2018

Acting for Canadian Imperial Bank of Commerce, as a secured creditor of Discovery Air Inc., in the latter's restructuring attempt under the Companies' Creditors Arrangement Act proceedings.

RBC Financial Group, 2018

Acted for RBC Financial Group regarding the financial restructuring of debtors.

Formula E Operations Ltd., 2018

Successfully acted for Formula E Operations Ltd. (FEO) in connection with its claims arising from the City of Montréal's decision to cancel the Montréal ePrix. This includes asserting FEO's claims against the City of Montréal and in the bankruptcy proceedings of Montréal C'est Électrique, a non-profit corporation set up by the City for the purposes of acting as promoter of the Montréal ePrix.

The Cadillac Fairview Corporation Limited, 2018

Acted for The Cadillac Fairview Corporation Limited in Sears Canada's proceedings pursuant to the Companies' Creditors Arrangement Act, including post-filing lease transactions, wind down of existing contractual relationships and claims related advice.

Alvarez & Marsal, 2018

Acted for Alvarez & Marsal in its role as Monitor of Ben Moss Jewellers Western Canada, Ltd. in connection with proceedings under the Companies' Creditors Arrangement Act.

Bluberi Group Inc., 2018

Successfully acted for 9354-9186 Québec Inc. and 9354-9178 Québec Inc. (formerly known as Bluberi Gaming Technologies Inc. and Bluberi Group Inc.) with regards to (i) appellate proceedings before the Supreme Court of Canada and (ii) their restructuring efforts under the Companies' Creditors Arrangement Act (CCAA). The judges of the Supreme Court, on the bench, unanimously ruled in favour of our clients and overturned the Court of Appeal.

Target Corporation, 2018

Acted for Target Corporation in connection with winding down of Target Canada Corporation under the Companies' Creditors Arrangement Act.

United Steelworkers Union, 2018

Acted as co-counsel on behalf of the United Steelworkers Union in Essar Steel Algoma Inc.'s three-year restructuring by way of sale of assets to Algoma Steel Inc. under the Companies' Creditors Arrangement Act.

Royal Bank of Canada, 2017

Acting for Royal Bank of Canada, the most important secured creditor of Artemano Canada Inc., in the latter's restructuring proceedings under the Bankruptcy and Insolvency Act

Laurentian Bank of Canada, 2017

Acting for Laurentian Bank of Canada, one of the debtor's most important secured creditors, in the restructuring of Gestion Eric Savard under the Companies' Creditors Arrangement Act.

Atlas Holdings LLC, 2017

Acted for Atlas Holdings in connection with Atlas's acquisition of an 80% equity interest in Millar Western Forest Products and Atlas's exchange of high-yield notes for new secured high-yield notes as the supporting noteholder for Millar Western's US$210-million note exchange transaction. The note exchange transaction was implemented under a plan of arrangement under the Canada Business Corporations Act and, together with Atlas's subsequent equity investment by way of a debt for share exchange transaction, significantly reduced Millar Western's indebtedness and strengthened its financial position, enhancing its ability to respond to and capitalize on developments in the forest products industry.

Deloitte Restructuring Inc., 2017

Acting for Deloitte Restructuring Inc., in its capacity as trustee to the notice of intention, in the restructuring of BCBG Max Azria Canada Inc. under the Bankruptcy and Insolvency Act.

Freemark Apparel Brands Inc., Freemark Apparel Brands USA, Inc., Freemark Apparel Brands ESP Inc. and Freemark, 2017

Acting for Freemark Apparel Brands Inc., Freemark Apparel Brands USA, Inc., Freemark Apparel Brands ESP Inc. and Freemark Apparel Brands TEC Inc., in their restructuring under the Bankruptcy and Insolvency Act (Canada).

GSO Capital Partners LP, 2017

Acted for GSO Capital Partners LP and its affiliates in the negotiation and establishment of two credit facilities, and the acquisition of substantially all of the assets of Grafton-Fraser Inc., former owner of Tip Top Tailors and other men's retail chains across Canada, pursuant to the Companies' Creditors Arrangement Act.

A significant creditor, 2017

Acted for a significant creditor in connection with the Maple Bank of Canada's liquidation proceedings under the Winding-Up and Restructuring Act.

Danier Leather Inc., 2017

Acted for Danier Leather Inc. in its proposal, receivership and bankruptcy proceedings all under the Bankruptcy and Insolvency Act, which saw all of Danier's creditors being paid in full, leaving a considerable surplus for shareholders.

Hale Capital Partners, 2017

Acted for Hale Capital Partners in connection with a debtor in possession loan to RB Energy Inc. in a Companies' Creditors Arrangement Act proceeding.

United Steelworkers Union, 2017

Acted as co-counsel on behalf of the United Steelworkers Union in connection with the restructuring of Stelco Inc. under the Companies' Creditors Arrangement Act and the establishment of Legacy Lands L.P.

Groupe Montoni / VSL Logistics Hub Limited Partnership, 2017

Acted for Groupe Montoni, in partnership with Montez Corporation and Lotus Real Estate Group, in its acquisition of Sears Canada's distribution centre in Montréal's borough of Saint-Laurent, the leaseback to Sears of a 1.6 million sq. ft. portion of the property and the subsequent redevelopment and leasing of the property.