Insolvency and restructuring

Presentation
Representative work
Specialists

Presentation

Members of our team regularly act for creditors, debtors, licensed insolvency trustees and other stakeholders in proceedings under the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act. We also represent clients in the context of out-of-court restructuring arrangements.

Combining our nuanced understanding of Canadian insolvency law with our diverse expertise in dispute resolution and business dealings, we move quickly to implement practical and creative solutions that are tailored towards the particular circumstances and objectives of each of our clients.

Through this multidisciplinary and personalized approach, we are well-equipped to assist our clients in navigating the insolvency process from beginning to end, whether acting for a distressed business attempting to restructure its affairs, a creditor looking to preserve its rights and recover its claims, or a court-appointed officer seeking to discharge its statutory duties.

Representative work

Representation of a creditor with a claim of more than $54 million in the context of the proposal of an individual with more than $210 million in liabilities.
Representation of General Electric Railcar Services Corp. (GERSCO) in the Companies' Creditors Arrangement Act (CCAA) proceedings concerning Montreal, Maine & Atlantic Canada Co. These proceedings resulted in a final settlement of the litigation brought by the victims of the Lac-Mégantic train derailment against the vast majority of the defendants involved in the case.
Representation of Groupe Hexagone in the claims process established under the Companies' Creditors Arrangement Act, including a claim of over $12 million filed in relation to the refurbishment of the Champlain Bridge.
Representation of the purchasers of a hotel complex acquired in a bankruptcy context and who were subsequently sued by a secured creditor alleging that the former owner's bankruptcy was fraudulent.
Representation of a general contractor and real estate developer involved in the Square Candiac project in proceedings under the Companies' Creditors Arrangement Act.
Representation of an ordinary creditor in a multi-million-dollar proceeding under the Companies' Creditors Arrangement Act.
Representation of trustees in the context of notices of intention to make a proposal, as well as of debtors operating well-known retail businesses in Quebec.
Representation of a major service provider as creditor in proceedings under the Companies' Creditors Arrangement Act proceedings concerning a significant forestry company.