Mar. 27, 2020 - There is abundant information circulating about the extreme financial toll that the COVID-19 pandemic is expected to take on businesses across the globe. Here we address what creditors and debtors can do now to manage risk and preserve their value through this crisis. What Creditors Can...
Davies Named to Global Restructuring Review’s Top 100 List
For the third year running, the Global Restructuring Review has named Davies among the top 100 law firms in the world in the areas of cross-border restructuring and insolvency.
Over the past year, Davies’ Financial Restructuring & Insolvency group has played a key role in many groundbreaking restructurings both within and beyond Canadian borders. Notable matters on which the team advised include acting for the monitor of the Urbancorp Group of Companies in proceedings under the Companies' Creditors Arrangement Act (CCAA), which were coordinated with insolvency proceedings in Israel via a first-time-ever court-approved “court officer-to-court officer protocol,” and acting for the monitor of Imperial Tobacco Canada Limited and its affiliated corporation in proceedings under the CCAA and Chapter 15 of the U.S. Bankruptcy Code.
The GRR 100 rankings are based on reputation, recent work and experience, as determined via extensive research and client review.
Jan. 28, 2020 - The Supreme Court of Canada’s decision in 9354-9186 Québec Inc. v Callidus Capital Corporation unanimously overturned a unanimous decision of the Québec Court of Appeal. The Supreme Court’s decision, released on January 23, 2020, was issued from the bench with reasons to follow. The...