Restructuring/Insolvency
Global Guide 2024 : Canada
Band 3
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 the Insolvency and Restructuring Group comprises leaders in the field with decades of restructuring experience.
Members of BLG's Insolvency and Restructuring Group regularly appear before superior and appellate courts (including the Supreme Court of Canada) in insolvency, bankruptcy and restructuring proceedings. Formal bankruptcy and insolvency proceedings are often court driven. We have represented clients in respect in contested bankruptcy, receivership, liquidation and realization proceedings; sales process hearings; sale approval motions; classification hearings; priority issues; plan sanction and approval motions as well as preference, fraudulent conveyance, undervalue, reviewable transaction, oppression, alter ego, subordination and related litigation. While consensual resolution of difficult issues is often preferable, it is not always possible. Our Insolvency and Restructuring Group is well equipped to advance our clients' rights and interests before the courts. We have broad industry experience, having acted on behalf of our clients on matters in a wide range of industries.
With professionals in Canada's major centres, we have the national strength and the local knowledge to vigorously represent and protect the interests of our clients — no matter where in the country the matter is centred.
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 LLP acted for the first-ranking secured creditor, Bank of Montréal, in the appointment of an interim and national receiver to Leading Edge Geomatic.
Strengths
Provided by Chambers
"The BLG team is very knowledgeable and customer-focused."
"They are a spectacular firm with a thorough knowledge of the law."
"The BLG team is very knowledgeable and customer-focused."
"They are a spectacular firm with a thorough knowledge of the law."
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 on high-value CCAA proceedings and representing insurance companies and receivers. He is based in Toronto.
"Alex is great in court. He gives strategic advice and he crafts a plan for your goals."
Ranked Lawyers at
Borden Ladner Gervais LLP
Canada