Restructuring/Insolvency
Canada Guide 2025 : Nationwide - Canada
Band 4
Email address
[email protected]Contact number
+1 416 865 7000About
Provided by McMillan LLP
McMillan’s Restructuring Group is one of Canada’s leading business insolvency practices. We have an outstanding track record of achieving successful outcomes for our clients in a broad range of situations. Our highly skilled team includes top-ranked lawyers known for their expertise and creative problem-solving, allowing McMillan to deliver the highest standards of transactional and structuring leadership, and commercial advocacy. Drawing upon our legal expertise across all business practice areas and our broad range of industry experience, we provide clients with comprehensive solutions to the most challenging problems. We have an earned reputation as thought-leaders in the industry. Our team is best known for creative and ‘out of the box’ thinking for complex reorganizations and distressed solutions; being a leading trouble-shooter firm for banks; having a strong debtor-side practice; representing monitors, receivers and other court-appointed officers in complex insolvency proceeding; and being a leading firm for purchasers of distressed business. Our strong young national team delivers first tier senior leadership with a deep intellectual and technical understanding of the law yet pragmatic, practical and business oriented.
Chambers Review
McMillan is a national law firm with particular strength in Toronto, supported by its Calgary and Montréal offices. It is highly regarded for its representation of secured lenders in a range of distressed business situations. It also represents a number of major Canadian banks, in addition to acting for court-appointed monitors and receivers, and the purchasers of insolvent companies. The group stands out for its extensive experience of oil and gas and mining insolvency work, and is often involved in international matters.
Work Highlights
- The team at McMillan acted for Sixth Street Specialty Lending in its role as agent to lenders of Bed, Bath and Beyond.
Strengths
Provided by Chambers
"McMillan is my go-to firm for Canadian issues because of their responsiveness and accessibility."
"McMillan are strategic, practical and reasonable. They provide helpful guidance and structure matters in a way that protects our interests."
"The team at McMillan is excellent at handling the most complex and sophisticated cross-border deals. They are incredibly responsive and their knowledge of the market is second to none."
"McMillan is my go-to firm for Canadian issues because of their responsiveness and accessibility."
"McMillan are strategic, practical and reasonable. They provide helpful guidance and structure matters in a way that protects our interests."
"The team at McMillan is excellent at handling the most complex and sophisticated cross-border deals. They are incredibly responsive and their knowledge of the market is second to none."
Notable Practitioners
Adam Maerov acts for a range of clients, including lenders and shareholders of distressed companies.
"Adam is an incredible lawyer and commercially minded. He is a great partner at getting the deal done."
Toronto-based Tushara Weerasooriya is noted for her strong capabilities in restructuring and receivership proceedings.
"Tushara is a highly competent restructuring and banking lawyer, a real pleasure to deal with."
"Tushara Weerasooriya is very responsive and knows her work. She's able to communicate difficult issues effectively."
"Tushara is an incredibly hard worker, creative thinker and excellent deal maker."
Waël Rostom has notable experience representing banks and financial institutions, and is often engaged on CCAA proceedings. He is based in Toronto.
"Waël Rostom is a very seasoned, technically capable insolvency lawyer. His commercial awareness sets him apart."
Ranked Lawyers at
McMillan LLP
Nationwide - Canada