Restructuring/Insolvency
Global Guide 2024 : Canada
Band 1
Email address
[email protected]Contact number
+1 416 362 2111About
Provided by Osler, Hoskin & Harcourt LLP
Osler’s Insolvency & Restructuring Group is a leading multi-disciplinary practice offering top-tier legal expertise in all aspects required to resolve the most compelling business challenges. The team-based, multi-disciplinary approach delivers innovative and integrated solutions for complex business-critical matters.
The team is relied upon as tested and trusted advisors to corporations, purchasers of distressed assets and loans, bondholders, directors, senior executives, in-house counsel, credit and investment officers and fund managers, as well as other professional advisors, court-appointed officers and regulators. Osler is the first port-of-call among the top Canadian and US-based traditional lenders, bondholders and for major private equity players and investment funds seeking to protect their interests or make a play for distressed assets.
Chambers Review
Osler, Hoskin & Harcourt operates an outstanding restructuring and insolvency practice that is recognised for its consummate ability to manage a wide variety of complex restructuring and insolvency mandates on behalf of an impressive portfolio of financial advisers, private equity firms and major hedge funds. The group offers strong coverage across Canada, with highly praised restructuring and insolvency lawyers in its Calgary, Montréal, Vancouver and Toronto offices. It also has an impressive track record of acting for debtors and court-appointed monitors on CCAA filings, and is active on both high-end and mid-market transactions. The team has notable experience acting for lenders on high-profile insolvency proceedings, as well as handling bondholder mandates and retail insolvency matters.
Work Highlights
- Osler, Hoskin & Harcourt LLP acted as counsel to Just Energy Group and its affiliates in connection with their proceedings under the CCAA.
Strengths
Provided by Chambers
"Osler's group provides excellent service."
"The team are fantastic - they demonstrate commercial and legal savvy."
"They are a knowledgeable firm that can handle all complex and sophisticated legal matters."
"The Osler team has extensive knowledge and the resources to deal with matters swiftly."
"Osler's group provides excellent service."
"The team are fantastic - they demonstrate commercial and legal savvy."
"They are a knowledgeable firm that can handle all complex and sophisticated legal matters."
"The Osler team has extensive knowledge and the resources to deal with matters swiftly."
Notable Practitioners
Marc Wasserman is consistently active on high-value and highly significant cross-border restructuring matters. He has acted on mandates arising in industries as diverse as cannabis, manufacturing, transportation and tobacco. Based in Toronto, Wasserman leads the national insolvency and restructuring group at Osler.
"Marc is skilled and very technical too."
"Marc is great with clients. He is also a smart, commercial and strong strategic thinker."
Tracy Sandler represents numerous prominent companies in high-profile CCAA proceedings, and also acts for receivers. She is based in Toronto.
"Tracy has a tremendous amount of respect from the market."
"She is diligent, engaging and very intelligent. She is pragmatic and an effective advocate."
"Tracy is extraordinarily detailed and provides very practical and actionable advice."
Osler's Montréal managing partner Sandra Abitan is noted for the wealth of her experience in relation to retail insolvency matters. She is widely acknowledged as one of the leading lawyers in this field in Québec.
"She is technically strong and effective."
"Sandra is very customer-centric. She is knowledgeable and very thorough in legal and commercial matters."
Mary Buttery KC is based in Vancouver and has a respected practice representing clients in the mining and real estate spaces through CCAA proceedings and advising on receiverships.
"Mary has done excellent work on a number of matters and is really well respected in the industry."
"She's great in court."
Jeremy Dacks is a respected litigator who often acts in major CCAA proceedings. He is based in Toronto, where he has a wealth of experience assisting with litigation matters up to the Ontario Superior Court and Ontario Court of Appeal.
"Jeremy is extremely thoughtful and insightful and he offers practical advice."
"His client service is amazing - he really cares about the result and protects his clients."
Michael De Lellis handles a variety of work which includes acting for distressed companies in CCAA proceedings. He is based in Toronto.
"Michael has great business judgement and he is practical."
"He's a really strong lawyer."
Ranked Lawyers at
Osler, Hoskin & Harcourt LLP
Canada
Members
Provided by Osler, Hoskin & Harcourt LLP