Bennett Jones LLP

Restructuring/Insolvency Department

Nationwide - Canada
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What the team is known for Extremely well positioned to advise on large insolvency matters in the oil and gas and mining sectors. Notable strength in bondholder work, as well as advising debtors, court officers and international investors. Acknowledged for its aptitude for cross-border matters involving US Chapter 11 proceedings. The firm's industry expertise also covers the real estate, financial services and not-for-profit sectors. It stands out for its bench strength in both Calgary and Toronto. The Calgary office regularly acts for strategic buyers in the energy sector, while the Toronto office offers financial creditor-side experience across diverse industries.

Strengths Clients appreciate their "very practical, business-minded approach."

Another source commented that they "do a great job in getting to the meat of the issues."

Work highlights Represented the company in SunEdison's Canadian restructuring under the CCAA.

Acted for the Walton Group of Companies, whose debt exceeds CAD250 million. A number of their entities are in CCAA proceedings, while other entities are being restructured under the Alberta Business Corporations Act.

Notable practitioners

"Exceptional lawyer" Christopher Simard is known as a "heavy hitter" in the Calgary market. Sources comment on his rising profile: "He's been on some big cases and done really well. He's really been shining in the last few years." His recent experience includes acting for the Walton Group of Companies in their CCAA proceedings.

Kevin Zych is noted by sources for his "expertise in cross-border deals," which means that"he is really plugged in to US markets." His recent work includes leading the team representing the court-appointed monitor in Stelco's restructuring.

Raj Sahni is described as an "expert in the field with a strong practical approach to addressing matters." A client appreciates that he is a "very clear thinker and explainer." His work highlights include a number of significant cross-border cases, which draw on his particular expertise as the head of the firm's Indian practice group.

The highly regarded Richard Orzy is known for his "phenomenal practice" in Toronto. He leads on a number of high-profile mandates, including the restructurings of Urbancorp and SecureCare Capital. An impressed client commented: "His overall strategic direction is superb."

Sean Zweig represented the board of directors of Sears in Sears Canada's CCAA proceedings. Clients appreciate his balanced style: "He's very practical and low-key, but he's also very tough and will stand his ground and fight when necessary."