Christian Lachance

Partner

Christian Lachance

Christian Lachance

Partner

Bar Admissions
  • Québec, 2005

Christian is a big-picture thinker who provides insightful and highly efficient solutions.

Christian specializes in financial restructuring and insolvency, litigation and banking. He advises on some of Canada's most complex and intricate restructuring cases, representing lenders, trustees, receivers and retailers. Companies in difficult financial circumstances turn to him for guidance and practical, business-minded advice.

Christian is the president of the liaison committee of the Superior Court, Commercial Chamber of the Montréal Bar, and an active member of our Career Development Committee and the interview team of the Student/Stagiaire Recruitment Committee in Montréal. He was a law clerk for the Honourable René Dussault, judge of the Québec Court of Appeal.

Christian Lachance

Partner

Christian is a big-picture thinker who provides insightful and highly efficient solutions.

Christian specializes in financial restructuring and insolvency, litigation and banking. He advises on some of Canada's most complex and intricate restructuring cases, representing lenders, trustees, receivers and retailers. Companies in difficult financial circumstances turn to him for guidance and practical, business-minded advice.

Christian is the president of the liaison committee of the Superior Court, Commercial Chamber of the Montréal Bar, and an active member of our Career Development Committee and the interview team of the Student/Stagiaire Recruitment Committee in Montréal. He was a law clerk for the Honourable René Dussault, judge of the Québec Court of Appeal.

Adaltis inc.

Acted for Adaltis Inc. in proceedings under the Companies' Creditors Arrangement Act and subsequent bankruptcy proceedings.

Cinar Corporation

Acted for Cinar Corporation by successfully obtaining judgments on behalf of Cinar and its affiliates from the Superior Court and Court of Appeal ordering Paquette & Associés to pay the proceeds from the sale of the residences of Ronald Weinberg (which amounted to over $4 million) to the Weinbergs' creditors, including in particular, Cinar.

Shermag Inc.

Acted for Shermag Inc. and its subsidiaries in connection with its Companies' Creditors Arrangement Act proceedings.

Amcor Limited

Acted for Amcor Limited in the sale of its White Cap business in Europe, Asia, Brazil and the US to Silgan Holdings Inc. for a base price of $230 million.

Insolvency Institute of Canada

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.

Reitmans (Canada) Limited

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.

Bentley Leathers Inc.

Acting 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.

Things Remembered Canada Inc.

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.

Deloitte Restructuring Inc.

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

Bluberi Group Inc.

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.

Formula E Operations Ltd.

Acting 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.

RBC Financial Group

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

Royal Bank of Canada

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

Deloitte Restructuring Inc.

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.

Laurentian Bank of Canada

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.

Interaction Asian Restaurants LP

Acted for Interaction Asian Restaurant LP, the Canadian operator of the PF Chang's restaurant chain, in its restructuring proceedings under the Bankruptcy and Insolvency Act.

HSBC Bank Canada

Acted for HSBC Bank Canada in connection with the restructuring under the Bankruptcy and Insolvency Act of the Gray Aqua Group, a major aquaculture group of companies with operations in various eastern Canadian provinces.

HSBC Bank Canada

Acting for HSBC Bank Canada, the most significant creditor of Béton Brunet and its affiliates, in its restructuring attempt under the Companies' Creditors Arrangement Act.

MEXX Canada Company

Acting for Mexx Canada Company in its restructuring proceedings under the Bankruptcy and Insolvency Act.

Bulletin

Callidus Capital Corporation v HMQ: Last Word Goes to the Secured Creditor

Nov. 14, 2018 - The Supreme Court of Canada (the SCC) has overturned the decision rendered by a majority of the Federal Court of Appeal (the FCA) in Callidus Capital Corporation v Her Majesty the Queen. The case originated out of a motion filed in the Federal Court (the FC) by Callidus Capital...

Bulletin

Liquidating CCAAs and Pension Deemed Trust Priorities

Sept. 14, 2017 - The very clearly written decision of Québec Superior Court Justice Stephen Hamilton in the Bloom Lake and Wabush Mines Companies’ Creditors Arrangement Act (CCAA) proceedings is certain to be the topic of current discussion in the Canadian insolvency and secured lending communities. See...

Article

The Role of the Monitor and Its Impact on U.S. Restructurings

Dec. 01, 2014 - These are the three most frequent questions that our colleagues outside Canada ask when they face a Canadian restructuring under the Companies’ Creditors Arrangement Act (CCAA): Who is this monitor? What is its role? Who does it represent? Download this article.

Speaking Engagement

Le Conseil des Syndics de faillite du Québec, L’Association québécoise des professionnels de la réorganisation et de l’insolvabilité Annual Conference, “Jurisprudential Assessment on Commercial Insolvency”; Montréal QC

Nov. 20, 2013

Speaking Engagement

The Canadian Institute, conference, “Canada-wide review of decisions of the last year and their impact on your practice”; Montréal, QC

Oct. 26, 2013

Speaking Engagement

Insight Information, conference, “Jurisprudential Assessment on Commercial Insolvency”; Montréal, QC

Sept. 27, 2012

Benchmark Canada: The Definitive Guide to Canada’s Leading Litigation Firms & Attorneys—Insolvency (Litigation Star)

Benchmark Canada Impact Case of the Year Award (2020)—Recipient

IFLR1000 Canada Awards—Restructuring and Insolvency Lawyer of the Year (2020)

IFLR1000: The Guide to the World’s Leading Financial Law Firms—Restructuring and Insolvency

The Canadian Legal Lexpert Directory—Insolvency and Financial Restructuring: Insolvency Litigation

The Best Lawyers in Canada—Insolvency and Financial Restructuring Law

Bar Admissions

Québec, 2005

Education

University of Cambridge, LLM, 2004
Université Laval, LLB (Dean’s List), 2003

Professional Affiliations

Barreau de Montréal
Cambridge University Commonwealth Society
Insolvency Institute of Canada
International Association of Restructuring, Insolvency & Bankruptcy Professionals (INSOL International)
Turnaround Management Association

Community Involvement

Barreau de Montréal, Liaison Committee of the Superior Court ‒ Commercial Division, president

Teaching Engagements

Christian is a lecturer in bankruptcy and insolvency at the Baccalauréat en droit, Université de Sherbrooke.

Christian is a big-picture thinker who provides insightful and highly efficient solutions.

Christian specializes in financial restructuring and insolvency, litigation and banking. He advises on some of Canada's most complex and intricate restructuring cases, representing lenders, trustees, receivers and retailers. Companies in difficult financial circumstances turn to him for guidance and practical, business-minded advice.

Christian is the president of the liaison committee of the Superior Court, Commercial Chamber of the Montréal Bar, and an active member of our Career Development Committee and the interview team of the Student/Stagiaire Recruitment Committee in Montréal. He was a law clerk for the Honourable René Dussault, judge of the Québec Court of Appeal.

Adaltis inc.

Acted for Adaltis Inc. in proceedings under the Companies' Creditors Arrangement Act and subsequent bankruptcy proceedings.

Cinar Corporation

Acted for Cinar Corporation by successfully obtaining judgments on behalf of Cinar and its affiliates from the Superior Court and Court of Appeal ordering Paquette & Associés to pay the proceeds from the sale of the residences of Ronald Weinberg (which amounted to over $4 million) to the Weinbergs' creditors, including in particular, Cinar.

Shermag Inc.

Acted for Shermag Inc. and its subsidiaries in connection with its Companies' Creditors Arrangement Act proceedings.

Amcor Limited

Acted for Amcor Limited in the sale of its White Cap business in Europe, Asia, Brazil and the US to Silgan Holdings Inc. for a base price of $230 million.

Insolvency Institute of Canada

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.

Reitmans (Canada) Limited

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.

Bentley Leathers Inc.

Acting 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.

Things Remembered Canada Inc.

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.

Deloitte Restructuring Inc.

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

Bluberi Group Inc.

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.

Formula E Operations Ltd.

Acting 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.

RBC Financial Group

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

Royal Bank of Canada

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

Deloitte Restructuring Inc.

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.

Laurentian Bank of Canada

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.

Interaction Asian Restaurants LP

Acted for Interaction Asian Restaurant LP, the Canadian operator of the PF Chang's restaurant chain, in its restructuring proceedings under the Bankruptcy and Insolvency Act.

HSBC Bank Canada

Acted for HSBC Bank Canada in connection with the restructuring under the Bankruptcy and Insolvency Act of the Gray Aqua Group, a major aquaculture group of companies with operations in various eastern Canadian provinces.

HSBC Bank Canada

Acting for HSBC Bank Canada, the most significant creditor of Béton Brunet and its affiliates, in its restructuring attempt under the Companies' Creditors Arrangement Act.

MEXX Canada Company

Acting for Mexx Canada Company in its restructuring proceedings under the Bankruptcy and Insolvency Act.

Bulletin

Callidus Capital Corporation v HMQ: Last Word Goes to the Secured Creditor

Nov. 14, 2018 - The Supreme Court of Canada (the SCC) has overturned the decision rendered by a majority of the Federal Court of Appeal (the FCA) in Callidus Capital Corporation v Her Majesty the Queen. The case originated out of a motion filed in the Federal Court (the FC) by Callidus Capital...

Bulletin

Liquidating CCAAs and Pension Deemed Trust Priorities

Sept. 14, 2017 - The very clearly written decision of Québec Superior Court Justice Stephen Hamilton in the Bloom Lake and Wabush Mines Companies’ Creditors Arrangement Act (CCAA) proceedings is certain to be the topic of current discussion in the Canadian insolvency and secured lending communities. See...

Article

The Role of the Monitor and Its Impact on U.S. Restructurings

Dec. 01, 2014 - These are the three most frequent questions that our colleagues outside Canada ask when they face a Canadian restructuring under the Companies’ Creditors Arrangement Act (CCAA): Who is this monitor? What is its role? Who does it represent? Download this article.

Speaking Engagement

Le Conseil des Syndics de faillite du Québec, L’Association québécoise des professionnels de la réorganisation et de l’insolvabilité Annual Conference, “Jurisprudential Assessment on Commercial Insolvency”; Montréal QC

Nov. 20, 2013

Speaking Engagement

The Canadian Institute, conference, “Canada-wide review of decisions of the last year and their impact on your practice”; Montréal, QC

Oct. 26, 2013

Speaking Engagement

Insight Information, conference, “Jurisprudential Assessment on Commercial Insolvency”; Montréal, QC

Sept. 27, 2012

Benchmark Canada: The Definitive Guide to Canada’s Leading Litigation Firms & Attorneys—Insolvency (Litigation Star)

Benchmark Canada Impact Case of the Year Award (2020)—Recipient

IFLR1000 Canada Awards—Restructuring and Insolvency Lawyer of the Year (2020)

IFLR1000: The Guide to the World’s Leading Financial Law Firms—Restructuring and Insolvency

The Canadian Legal Lexpert Directory—Insolvency and Financial Restructuring: Insolvency Litigation

The Best Lawyers in Canada—Insolvency and Financial Restructuring Law

Bar Admissions

Québec, 2005

Education

University of Cambridge, LLM, 2004
Université Laval, LLB (Dean’s List), 2003

Professional Affiliations

Barreau de Montréal
Cambridge University Commonwealth Society
Insolvency Institute of Canada
International Association of Restructuring, Insolvency & Bankruptcy Professionals (INSOL International)
Turnaround Management Association

Community Involvement

Barreau de Montréal, Liaison Committee of the Superior Court ‒ Commercial Division, president

Teaching Engagements

Christian is a lecturer in bankruptcy and insolvency at the Baccalauréat en droit, Université de Sherbrooke.