Restructuring/Insolvency - Canada
What the team is known for
Dentons Canada advises domestic and international clients on a variety of restructuring and insolvency mandates, with notable expertise in US Chapter 15 proceedings. The restructuring and insolvency team is well regarded for its track record of acting for banks, accounting firms and debtor corporations, as well as for its significant mining and real estate insolvency expertise. It is also active on restructurings in the manufacturing sector, in addition to assisting with the sale and purchase of distressed assets. With significant national depth, Dentons is noted for its particular strength in Western Canada.
Strengths
"The lawyers have very good business sense and are excellent advocates."
"Dentons are very commercially aware and have an understanding of the current market environment and players."
Work highlights
Dentons continued to counsel Alvarez and Marsal Canada as receiver of real estate properties formerly owned by Strategic Group.
Notable practitioners
Vancouver managing partner John Sandrelli regularly acts on CCAA proceedings and represents clients such as monitors and receivers. "He is a very seasoned and experienced lawyer. He is strategic and identifies issues very quickly." "He has a wealth of experience in this space and is a very well-respected individual."
Toronto-based John Salmas has a notable profile acting for banks, trusts and other financial institutions. His clientele includes several receivers and syndicate agents, and he has considerable experience acting for stakeholders on cross-border insolvencies. "John is thoughtful in his approach and works diligently to address client concerns."
Kenneth Kraft is an experienced practitioner with particular expertise in insolvency mandates. Operating out of Toronto, he is co-leader of the firm's restructuring, insolvency and bankruptcy group.