David Bish
Canada Guide 2025
Band 1 : Restructuring/Insolvency
Band 1
About
Provided by David Bish
Practice Areas
As the head of Torys’ Corporate Restructuring and Advisory Practice, David regularly advises across all aspects of bankruptcy, proposals, wind-ups, liquidations, reorganizations, restructurings, receiverships and security enforcement, and advises boards of directors on corporate governance issues in distressed circumstances. He has extensive expertise in plenary and ancillary cross-border insolvency and restructuring matters, and brings a wealth of experience to commercial financing, private equity and M&A transactions.
David’s long track record as corporate and litigation counsel to a wide range of parties—leading corporations, financial institutions, distressed investors and accounting firms—gives him a nuanced perspective of stakeholder interests on large, complex insolvency and restructuring transactions, helping clients navigate challenges and advance their business objectives.
Chambers Review
Canada
David Bish has experience acting for information officers in major CCAA proceedings and also represents monitors and creditors. He heads the restructuring and insolvency team and is based in Toronto.
Strengths
Provided by Chambers
"David Bish is an exceptional legal professional who not only provides excellent legal advice on complex matters but does so in a responsive manner."
"David Bish is an exceptional legal professional who not only provides excellent legal advice on complex matters but does so in a responsive manner."
Articles, highlights and press releases
5 items provided by Torys LLP
2022 Restructuring trends: the status quo of having no status quo
Conventional wisdom holds that the economy works in a 7-year cycle and that insolvencies experience 3½-year booms, followed by 3½-year busts. Yet unprecedented government intervention has thrown this notion of a predictable 7-year economic cycle into disarray. Here are five observations for 2022.
The calm before the insolvency storm?
Retail trade, accommodation & food services were sectors anticipated by many to face the most short-term hardship due to the pandemic. But that hasn’t translated to increased insolvency filings in these sectors. Here we examine the challenging and volatile times ahead for such industries in 2022.
Market conditions generate distressed M&A opportunities
The COVID-19 pandemic caused a spike in Canadian distressed M&A activity. Some investors and buyers have shied away from distressed opportunities, viewing them as risky, complicated and contentious. This article highlights the potential financial benefits and returns such situations can provide.
Torys Quarterly: The long tail of a pandemic: business viability after the crisis
One of the few certainties coming out of the COVID-19 pandemic is that the economic impact will be felt for a long time to come.
Torys Business Brief: The art of fixing broken businesses
Widespread financial distress brought on by the COVID-19 crisis has pushed some organizations to the breaking point.
2022 Restructuring trends: the status quo of having no status quo
Conventional wisdom holds that the economy works in a 7-year cycle and that insolvencies experience 3½-year booms, followed by 3½-year busts. Yet unprecedented government intervention has thrown this notion of a predictable 7-year economic cycle into disarray. Here are five observations for 2022.
The calm before the insolvency storm?
Retail trade, accommodation & food services were sectors anticipated by many to face the most short-term hardship due to the pandemic. But that hasn’t translated to increased insolvency filings in these sectors. Here we examine the challenging and volatile times ahead for such industries in 2022.
Market conditions generate distressed M&A opportunities
The COVID-19 pandemic caused a spike in Canadian distressed M&A activity. Some investors and buyers have shied away from distressed opportunities, viewing them as risky, complicated and contentious. This article highlights the potential financial benefits and returns such situations can provide.
Torys Quarterly: The long tail of a pandemic: business viability after the crisis
One of the few certainties coming out of the COVID-19 pandemic is that the economic impact will be felt for a long time to come.
Torys Business Brief: The art of fixing broken businesses
Widespread financial distress brought on by the COVID-19 crisis has pushed some organizations to the breaking point.
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