Ernst & Young Inc.

Acted for Ernst & Young Inc., a Court-appointed Monitor, in connection with the restructuring of Quebecor World Inc. and 53 of its subsidiaries in excess of US$2.8 billion of liabilities and emerged from protection under the Companies' Creditors Arrangement Act and Chapter 11 of the U.S. Bankruptcy Code pursuant to Plans of Reorganization approved by creditors and courts in both countries.

Alvarez & Marsal Canada ULC

Acted for Alvarez & Marsal Canada ULC as monitor of Maax Inc. and its subsidiaries under the Companies' Creditors Arrangement Act and proceedings under Chapter 15 of the U.S. Bankruptcy Code.

Tata Chemicals Limited

Acted as Canadian counsel to India-based Tata Chemicals Limited in its acquisition of General Chemical Industrial Products Inc. in a transaction valued at US$1 billion, making Tata Chemicals one of the largest soda ash producers in the world.

HSBC Bank Canada

Acting for HSBC Bank Canada, the most important guaranteed creditor of ROL Manufacturing (Canada) Ltd. and its subsidiaries, in relation to its restructuring attempt under the Companies' Creditors Arrangement Act proceedings and United States Chapter 15 proceedings of ROL Manufacturing and its subsidiaries.

Catalyst Fund (Cable Satisfaction International Inc.)

Acted for Catalyst Fund in connection with the restructuring of Cable Satisfaction International Inc. under the Companies' Creditors Arrangement Act (CCAA) and the sale of principal subsidiary Cabovisao Televisao Por Cabo, S.A. to Cogeco Inc.

Canada Enterprise Emergency Funding Corporation

Acted for Canada Enterprise Emergency Funding Corporation, a non-agent Crown corporation and wholly owned subsidiary of Canada Development Investment Corporation, in connection with Air Canada's approximately $6-billion financing agreements with the Government of Canada through the Large Employer Emergency Financing Facility (LEEFF) program.

Nemaska Lithium Inc.

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.

The Pallinghurst Group

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.

HSBC Bank of Canada

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

Québecor Inc.

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

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.

The Aldo Group Inc.

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.

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

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).

Hale Capital Partners

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

Raymond Chabot Inc.

Acting for Raymond Chabot Inc. in its capacity as trustee to the proposal of Peloton Pharmaceuticals Inc.

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

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

HSBC Bank Canada

Acting for HSBC Bank Canada, a significant creditor of Homburg Invest Inc. and its subsidiaries, in the restructuring attempt of Homburg Invest Inc. under the Companies' Creditors Arrangement Act.

RSM Richter and Royal Bank of Canada

Acted for RSM Richter and Royal Bank of Canada in connection with a personal bankruptcy involving claims of $30 million and the validity of a protective trust.

Ingram Micro Inc.

Acted for Ingram Micro Inc. in connection with the restructuring of Groupe Dumoulin and its affiliates under the Companies' Creditors Arrangements Act.

Vista Equity Partners and P2 Energy Solutions

Acted for Vista Equity Partners, a leading US private equity firm, and P2 Energy Solutions, one of Vista Equity's portfolio companies, in connection with the acquisition by P2ES Holdings, Inc. of the assets of WellPoint Systems Inc. and of its Canadian and US subsidiaries out of receivership for an approximate consideration of US$36 million plus the assumption of certain liabilities.

Aleris International, Inc.

Acted for Aleris International, Inc. in connection with the bankruptcy of Aleris Aluminum Canada S.E.C.

Dune Capital Management LP

Acted for Dune Capital Management LP, a secured creditor in connection with the Companies' Creditors Arrangement Act proceedings of White Birch Paper Holding Company.

Shermag Inc.

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

Catalyst Fund Limited Partnership I

Acted for Catalyst Fund Limited Partnership I in the restructuring of Cable Satisfaction International Inc., sponsored by Catalyst, including the sale of Cable Satisfaction's subsidiary, Cabovisao-Televisao por Cabo, S.A., to Cogeco Cable Inc. in an all-cash transaction valued at 465 million euros.

Laurentian Bank of Canada

Acted for Laurentian Bank of Canada, a significant secured creditor of Groupe de Scieries GDS and its subsidiaries, in their restructuring attempt under the Companies' Creditors Arrangement Act. Davies was successful in obtaining for the Bank significant modifications to the Initial Order, which led to the Bank's claim being purchased by another creditor.

Eaux Vives Harricana Inc., a subsidiary of Parmalat Canada Inc.

Acted for Eaux Vives Harricana Inc. and its two subsidiaries in its restructuring under the Companies' Creditors Arrangement Act (CCAA). This restructuring resulted in the implementation of a plan of arrangement compromising claims aggregating over $100 million.

Metso Paper Ltd.

Acted for Metso Paper Ltd., a significant creditor of Papiers Gaspésia LLP, in the latter's restructuring under the Companies' Creditors Arrangement Act.

Segal Apparel Inc.

Acting for Segal Apparel Inc. with financial restructuring matters.

Banque de Développement du Canada

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.

PricewaterhouseCoopers Inc., SAI

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

Insolvency Institute of Canada, 2021 National Conference, “What are We up to? IIC Initiatives”; Webcast

Nov. 04, 2021

Moderator, Insolvency Institute of Canada, 2021 National Conference, “Looking Forward on Legislative Reform”; Webcast

Nov. 04, 2021

Top Court Denies Leave to Appeal in Contested Application for a Reverse Vesting Order in Nemaska Restructuring Proceedings

Apr. 30, 2021 - The Supreme Court of Canada (SCC) has denied leave to appeal in the proceedings of Nemaska Lithium Inc. and its subsidiaries (collectively, Nemaska) under the Companies’ Creditors Arrangement Act (CCAA). In November 2020, the Québec Court of Appeal (QCA) dismissed leave applications from...

International Insolvency Institute, American College of Bankruptcy and American Bankruptcy Institute, Regional Conference: Brexit Panel Series, “Brexit Aspects on Insolvency & Restructurings from a North American View”; Webinar

Feb. 24, 2021

Moderator, Insolvency Institute of Canada, Annual Conference and General Meeting, “Going, Going Gone… Comments on the National Model Initial Order”; Naples, Florida

Oct. 25, 2019

New York State Bar Association, International Section, “U.S./Canadian Insolvency Proceedings”; Montréal, QC

Oct. 25, 2018