Restructuring/Insolvency
Canada Guide 2025 : Nationwide - Canada
Band 4
Contact number
+1 416-367-6000About
Provided by Borden Ladner Gervais LLP
BLG’s Insolvency and Restructuring Group carries on one of Canada's leading restructuring, workout, bankruptcy and insolvency practices. The core of our IRG comprises leaders in the field with decades of restructuring experience. Providing timely and effective advice with cost-effective strategies on how to best protect our client’s interest, our group acts for Canada’s largest institutional lenders, international financial institutions, senior lenders, asset-based lenders, mezzanine lenders, turnaround companies, private equity, distressed investors, bondholders, indenture trustees, court officers (including trustees in bankruptcy, receivers, monitors and liquidators), protection funds, boards of directors and special committees. Our service offering and advice includes distressed financing, cross border restructuring, distressed M&A and court driven insolvencies in matters ranging from loan amendments, inter-creditor arrangements, out-of-court restructurings, asset and business sales and acquisitions, pre-packaged plans, plans of arrangement, balance sheet restructurings through formal proceedings and operational restructurings. With professionals in Canada’s major centres, we have the national strength and the local knowledge in many different industries to vigorously represent and protect the interests of our clients, no matter where in the country the matter is centred. Helping our clients minimize risks and preserve and maximize the value of their business is our goal.
Chambers Review
Borden Ladner Gervais has a distinguished national insolvency practice with impressive experience acting for clients from the banking, construction, mining and energy sectors, and a substantial caseload of oil and gas insolvency matters. BLG demonstrates significant strength in Western Canada, with offices in both Calgary and Vancouver complementing the firm's Toronto and Montréal offering. It is valued for its representation of secured lenders and debenture holders, as well as court officers, in both high-end and mid-market receiverships and bankruptcy filings. The firm is regularly active on high-profile, cross-border liquidations.
Work Highlights
- Borden Ladner Gervais LLPrepresented Mizrahi Inc., Sam M Inc., and Sam Mizrahiin the ongoing receivership proceedings of a luxury condo development project.
Strengths
Provided by Chambers
"BLG are very responsive and knowledgeable. I feel very comfortable using them."
"BLG are very responsive and knowledgeable. I feel very comfortable using them."
Notable Practitioners
Patrick McCarthy KC is a highly seasoned restructuring and insolvency lawyer with a particular focus on the energy sector. He has considerable experience in cross-border insolvency work, acting for receivers, monitors and trustees, and is well versed in CCAA proceedings. He is based in Calgary.
Alex MacFarlane possesses experience acting in high-value CCAA proceedings and representing insurance companies and receivers. He is based in Toronto.
"Alex is one of my go-to guys. His technical understanding and strategic ability is a real standout."
"He provides excellent counsel and I would highly recommend Alex MacFarlane."