Restructuring/Insolvency
Global Guide 2024 : 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
- McMillan continued to counsel the Bank of Nova Scotia as operating lender to North American Lamb Company and six of its subsidiaries, following its restructuring under the CCAA.
Strengths
Provided by Chambers
"McMillan are extremely adept at handling complex and sophisticated matters. They have a great practical approach and sense of the issues."
"It is a sophisticated team with deep expertise and lawyers who are pragmatic and commercially minded."
"McMillan are extremely adept at handling complex and sophisticated matters. They have a great practical approach and sense of the issues."
"It is a sophisticated team with deep expertise and lawyers who are pragmatic and commercially minded."
Notable Practitioners
Montréal-based Max Mendelsohn is a senior figure in the Québec market who draws great respect from his peers. His experience includes advising distressed companies and financial institutions on insolvency mandates, and his practice also encompasses a number of appointments as mediator and arbitrator.
Adam Maerov acts for a range of clients, including lenders and shareholders of distressed companies.
"Adam is a great lawyer and he gives very good advice."
Toronto-based Tushara Weerasooriya is noted for her strong capabilities in restructuring and receivership proceedings.
"Tushara is strategic and commercial in her counsel."
"She is a great help in finding solutions and she works collaboratively with others."
Waël Rostom has notable experience representing banks and financial institutions, and is often engaged on CCAA proceedings. He is based in Toronto.
"He has good communication skills and is very succinct in setting a plan of action."
Ranked Lawyers at
McMillan LLP
Canada