Clients rely on Jay’s experience and legal and business judgment to provide strategic and tactical advice that creatively addresses their business issues. Jay is a “standout practitioner” who is regarded as “one of the top insolvency practitioners in the country.”
Client – Chambers Global 2016
Jay has a diverse commercial practice, with particular emphasis on corporate restructuring, private company acquisitions, banking and debt financing, financial product development, structured finance and private equity funds. He regularly provides guidance on corporate governance matters.
Known for getting the deal done in an efficient, timely and effective manner, Jay is valued by clients for his unparalleled judgment. He is creative in finding practical and novel solutions to business and legal problems.
Jay received the 2014 Osgoode Hall Law School Alumni Gold Key award for his outstanding professional achievements.
FTI Consulting Canada Inc.
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.
Alvarez & Marsal
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.
Acted for Target Corporation in connection with winding down of Target Canada Corporation under the Companies' Creditors Arrangement Act.
Danier Leather Inc.
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.
United Steelworkers Union
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.
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.
Acting for Ascribe Capital in connection with Sanjel Corporation's Companies' Creditors Agreement Act proceedings.
Acting for Goldman Sachs in connection with Tervita Corporation's, a leading environmental solutions provider, Chapter 15 proceedings and the plan of arrangement under the Canada Business Corporations Act.
Quality Engineered Homes
Acted for Quality Engineered Homes in connection with a secured loan from Liquid Capital.
KSV Kofman Inc.
Acting for KSV Kofman Inc. in its roles as Monitor of the Urbancorp Group of Companies in connection with proceedings under the Companies' Creditors Arrangement Act and as Information Officer for Urbancorp Inc.
Fellow of the Insolvency Institute of Canada
Fellow of the American College of Commercial Finance Lawyers
Ontario Bar Association—Murray Klein Award for Excellence in Insolvency Law (2017)
Osgoode Hall Law School—Alumni Gold Key Award (2014)
The Best Lawyers in Canada Lawyer of the Year (2017)—Insolvency and Financial Restructuring Law
Chambers Global: The World’s Leading Lawyers for Business—Restructuring/Insolvency (Band 1)
Chambers Canada: Canada’s Leading Lawyers for Business—Restructuring/Insolvency (Senior Statesperson)
IFLR1000: The Guide to the World’s Leading Financial Law Firms—Restructuring and Insolvency
The Best Lawyers in Canada Lawyer of the Year (2015)—Banking and Finance Law
The Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada—Corporate Commercial Law
Lexpert/Thomson’s Guide to Canada’s 100 Most Creative Lawyers
Report on Business/Lexpert Special Edition Canada’s Leading Corporate Lawyers
Lexpert Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada—Banking and Financial Institutions; Corporate Finance and Securities; Insolvency and Financial Restructuring; Mergers and Acquisitions
The Canadian Legal Lexpert Directory—Corporate Commercial Law (Most Frequently Recommended); Insolvency and Financial Restructuring: Financial Restructuring (Most Frequently Recommended); Asset Equipment Finance/Leasing; Banking and Financial Institutions; Corporate Finance and Securities; Corporate Mid-Market; Infrastructure Law; Mergers and Acquisitions; Project Finance; Private Equity
The Best Lawyers in Canada—Banking and Finance Law; Corporate Law; Derivatives Law; Equipment Finance Law; Insolvency and Financial Restructuring Law; Leveraged Buyouts and Private Equity Law; Mergers and Acquisitions Law; Project Finance Law; Securities Law
Who’s Who Legal: Canada—Banking; Capital Markets; Restructuring and Insolvency; Who’s Who Legal: Banking—Finance; Who’s Who Legal: Capital Markets—Debt and Equity; Who’s Who Legal: Restructuring and Insolvency
Expert Guides—Banking; Restructuring and Insolvency; Structured Finance and Securitisation