Restructuring/Insolvency
Global Guide 2024 : Canada
Band 2
Email address
[email protected]Contact number
+1 416 362 1812About
Provided by McCarthy Tétrault LLP
We have one of the largest bankruptcy & restructuring groups in Canada, with extensive experience in all areas of the practice. We regularly represent debtors as well as major financial institutions and other capital providers, large corporate creditors and court-appointed monitors, receivers and trustees.
Clients look to us for insightful strategies and solutions because of our:
Breadth: Our team is experienced in complex insolvency matters and sensitive restructurings. We integrate our multijurisdictional scope and expertise with the firm’s national strength across a broad spectrum of other key practice areas such as banking, litigation, tax, securities, labour and employment, and pensions.
Cross-border experience: We understand the bankruptcy/insolvency environment on both sides of the Canada-US border, and we regularly act on major international matters with US, European and other co-counsel.
Track record: Our significant role in most major Canadian and cross-border restructurings, insolvencies and work-outs for more than 20 years has earned us a superlative track record in all areas of this field nationwide.
Leadership: Leading legal directories and publications routinely acknowledge us as pre-eminent insolvency and restructuring professionals.
Service: We pride ourselves on responding quickly to our clients’ needs in a proactive and practical manner. We apply a creative, business-oriented approach to achieve their objectives, both in the boardroom and in the courtroom.
Chambers Review
McCarthy Tétrault has a strong national restructuring and insolvency team with a significant creditor-side practice. It regularly advises restructuring officers and monitors, as well as undertaking large debtor mandates. McCarthy Tétrault offers notable cross-border capabilities and experience relating to pensions and investment funds, and stands out for its recent involvement in energy sector insolvency matters, in addition to acting on mandates in the manufacturing and automotive industries. The firm's clients benefit from its multidisciplinary offering and expertise in litigation, tax and corporate law, while its national breadth allows it to provide local support across Canada.
Work Highlights
- McCarthy Tétrault represented CannTrust in its CCAA proceedings and bankruptcy proposal proceedings.
Strengths
Provided by Chambers
"The McCarthy lawyers are consistently excellent in the sophistication of their advice and their ability to see through highly complex transactions and legal matters."
"McCarthy Tétrault has advanced practitioners in all relevant practice areas and deep bench strength to handle complex insolvency matters in each of their Toronto, Montréal, Calgary and Vancouver offices."
"The firm is strategic and very strong at cross-border work too."
"The McCarthy lawyers are consistently excellent in the sophistication of their advice and their ability to see through highly complex transactions and legal matters."
"McCarthy Tétrault has advanced practitioners in all relevant practice areas and deep bench strength to handle complex insolvency matters in each of their Toronto, Montréal, Calgary and Vancouver offices."
"The firm is strategic and very strong at cross-border work too."
Notable Practitioners
James Gage advises monitors and trustees in addition to companies undertaking restructuring proceedings. He heads up the bankruptcy and restructuring practice at McCarthy Tétrault and is based in Toronto.
"He has a highly developed ability to think strategically."
Sean Collins acts for monitors and receivers, as well as other stakeholders, on major restructurings. He splits his time between Calgary and Vancouver.
"Sean is diligent and a deep thinker."
Alain Tardif has an array of experience acting for monitors and creditors in CCAA proceedings. He is based in Montréal, where he is often cited as a standout lawyer.
"Alain is excellent at delivering service and he is extremely knowledgeable in his field."
Heather Meredith is based in Toronto, where she is regularly involved in major restructuring and insolvency matters. She has notable experience acting for the agents of lending syndicates.
"Heather is very knowledgeable on insolvency and maintains a commercial sense on files."
Lance Williams is a Vancouver-based partner with notable cross-border restructuring experience, including acting for clients in the mining and forestry spaces.
"He is a very intentional and strategic thinker. He provides advice tailored to the problem."
"Lance demonstrates a high level of sophistication and commercial understanding."
Ranked Lawyers at
McCarthy Tétrault LLP
Canada
Members
Provided by McCarthy Tétrault LLP