Restructuring/Insolvency
Canada Guide 2025 : Nationwide - Canada
Band 2
Email address
[email protected]Contact number
+1 416 863 2400About
Provided by Blake, Cassels & Graydon LLP
Recognized as one of Canada’s leading domestic and cross-border restructuring practices, the Blakes Restructuring & Insolvency group combines unmatched experience and depth to meet the immediate and critical needs of our clients with expert practitioners across Canada. Collaborating with our colleagues as needed in Financial Services, Capital Markets, Competition & Antitrust, Employment & Labour, Commercial Real Estate, Tax, Environmental and Intellectual Property, Blakes provides top-quality coordinated service and effective solutions to the unique and complex challenges clients face wherever the parties are located or the insolvency proceedings are commenced.
We represent all parties impacted by insolvencies and restructurings, including Canadian and U.S. banks and financial institutions, corporate debtors in domestic and cross-border insolvency proceedings, restructuring financial advisory firms that act as court officers, debtor-in-possession (DIP) lenders, and investors seeking to acquire assets and businesses in distressed circumstances.
We assist clients in a wide range of industries through workouts and restructurings (including under the Companies’ Creditors Arrangement Act (CCAA), the Bankruptcy and Insolvency Act (BIA), cross-border recognition of Chapter 11 proceedings under the U.S. Bankruptcy Code as well as federal and provincial corporate restructuring statutes), DIP financing, security enforcement, distressed business acquisitions and post-restructuring issues.
Chambers Review
Blake, Cassels & Graydon maintains a well-established restructuring and insolvency department with standout lawyers in Toronto, Montréal, Calgary and Vancouver. The team has a particularly strong presence representing major banks both domestically and internationally. It is widely acknowledged for its impressive track record of assisting clients from the financial services, mining and natural resources sectors with large CCAA and cross-border Chapter 11 proceedings. The firm is well placed to advise lenders, receivers and troubled businesses, and fields additional expertise in litigation, which includes experience before the Supreme Court of Canada.
Work Highlights
- The team at Blake, Cassels & Graydon acted on behalf of the Royal Bank of Canada in a comprehensive restructuring process involving a Canadian borrower's funded debt in excess of CAD450 million.
Strengths
Provided by Chambers
"Blakes are always responsive and always flexible. They have been a conduit of information for us, so that we fully understand the Canadian marketplace dynamics."
"Every level of the Blakes' team gave sound and very commercial advice. Their team worked together seamlessly and regularly provided detailed advice."
"Blakes has an experienced and sophisticated team who are able to handle a wide range of matters and are very responsive on live issues."
"Blakes is my first choice for complex and sophisticated matters. They have the extensive breadth of expertise needed to navigate difficult situations."
"I was 100% pleased with Blake, Cassels & Graydon's performance. They were responsive and timely, delivering excellent outcomes and always performing to the highest standard."
"Blakes are always responsive and always flexible. They have been a conduit of information for us, so that we fully understand the Canadian marketplace dynamics."
"Every level of the Blakes' team gave sound and very commercial advice. Their team worked together seamlessly and regularly provided detailed advice."
"Blakes has an experienced and sophisticated team who are able to handle a wide range of matters and are very responsive on live issues."
"Blakes is my first choice for complex and sophisticated matters. They have the extensive breadth of expertise needed to navigate difficult situations."
"I was 100% pleased with Blake, Cassels & Graydon's performance. They were responsive and timely, delivering excellent outcomes and always performing to the highest standard."
Notable Practitioners
Toronto-based Pamela Huff heads the nationwide restructuring and insolvency team at Blakes. She acts on a broad array of insolvency matters involving companies in sectors such as tobacco, construction and retail.
"Pamela is very smart, strategic and a strong advocate but also gets to solutions. She's very client-focused."
"Pamela is very strategic and client-centric. She provides sound advice and is logical and tactical when needed."
Co-head of Blakes' restructuring and insolvency group in Calgary, Kelly Bourassa centres her practice on the representation of banks and financial institutions and has notable experience advising lending syndicates. She also demonstrates strength assisting with insolvency matters in the oil and gas space.
"Kelly is regarded as one of the top restructuring lawyers in Calgary and Canada, in my humble opinion. She exceeds all expectations."
"Kelly Bourassa adheres to deadlines and is responsive and proactive in helping us. She's extremely well respected and capable."
Linc Rogers maintains an impressive practice which sees him represent court-appointed monitors as well as companies undergoing insolvency proceedings. He is based in Toronto.
"Linc is a go-to insolvency lawyer in the Canadian space. He's responsive, very commercial, and his advice is clear and concise."
"Linc is a true professional. He demonstrated a clear command of the relevant issues and law and efficiently translated it into clear, cogent advice."
Vancouver-based Peter Rubin is commended for his assured handling of several prominent CCAA proceedings and counts a number of financial institutions among his clients.
"Peter Rubin knows the law and also understands the unique business context of different situations. He's collaborative, honest, loyal and effective."
"Peter Rubin is one of the best practitioners in the local market. He's well reasoned and researched."
"Peter has been an excellent advisor on Canadian bankruptcy and restructuring. He offers very practical and informed advice."
"Peter Rubin is phenomenal, strategic and the foremost guy in the Vancouver market. His advocacy is very effective and he was always very timely."
Milly Chow has notable experience acting for financial institutions and lending syndicates on restructuring and insolvency mandates. She is based in Toronto.
"A seasoned professional, Milly handles pressurised situations well."
"Milly was incredibly thorough and dedicated to the job."
Chris Burr is a Toronto-based partner with a growing presence in the space. He has notable experience acting on debt enforcements and liquidation proceedings.
"Chris is extremely savvy, alive to both technical and practical considerations and able to present meaningful and compelling positions."
"Chris is a rock star. He has incredible management of clients and a wonderful way of conducting himself. He's one of the best lawyers in Canada."
Toronto-based partner Aryo Shalviri's flourishing practice encompasses a range of restructuring matters. He is experienced in handling distressed M&A and commercial reorganisations on behalf of a broad clientele.
"Aryo was brilliant. He effortlessly distilled a complex situation into concrete, practical advice. He displayed both technical mastery and high-level strategic thinking at each step."
"Aryo is very responsive to client needs - he's hardworking, practical and very detail-oriented."
Vancouver-based Peter Bychawski is noted for ably representing mining companies and banks as part of his restructuring and insolvency practice.
"Peter Bychawski was an absolute workhorse - very bright, technically sound and very skilled. I had a really great experience with him."
"We couldn't be more impressed with Peter's performance. He kept us very informed the entire way and I don't think we could have achieved it without him."
Claire Hildebrand is a Vancouver-based associate with enviable experience acting for creditors and monitors.
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Blake, Cassels & Graydon LLP
Nationwide - Canada
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