Department profile
Borden Ladner Gervais LLP

Restructuring/Insolvency

Global Guide 2026 : Canada


Borden Ladner Gervais LLP

Rankings

About

Provided by Borden Ladner Gervais LLP

BLG’s Insolvency and Restructuring Group carries on one of Canada's leading restructuring, workout, bankruptcy and insolvency practices. The core of the Insolvency and Restructuring Group comprises leaders in the field with decades of restructuring experience. 

Members of BLG's Insolvency and Restructuring Group regularly appear before superior and appellate courts (including the Supreme Court of Canada) in insolvency, bankruptcy and restructuring proceedings. Formal bankruptcy and insolvency proceedings are often court driven. We have represented clients in respect in contested bankruptcy, receivership, liquidation and realization proceedings; sales process hearings; sale approval motions; classification hearings; priority issues; plan sanction and approval motions as well as preference, fraudulent conveyance, undervalue, reviewable transaction, oppression, alter ego, subordination and related litigation. While consensual resolution of difficult issues is often preferable, it is not always possible. Our Insolvency and Restructuring Group is well equipped to advance our clients' rights and interests before the courts. We have broad industry experience, having acted on behalf of our clients on matters in a wide range of industries.

With professionals in Canada's major centres, we have the national strength and the local knowledge to vigorously represent and protect the interests of our clients — no matter where in the country the matter is centred.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Canada

Band 4

Band 4


What the Team is Known For
Borden Ladner Gervais has a distinguished national insolvency practice with impressive experience acting for clients from the banking, construction, mining and energy sectors, and a substantial caseload of oil and gas insolvency matters. BLG demonstrates significant strength in Western Canada, with offices in both Calgary and Vancouver complementing the firm's Toronto and Montréal offering. It is valued for its representation of secured lenders and debenture holders, as well as court officers, in both high-end and mid-market receiverships and bankruptcy filings. The firm is regularly active on high-profile, cross-border liquidations.

Work Highlights

Provided by Chambers

  • Borden Ladner Gervais advised Hornblower Cruises and Events Canada in connection with ancillary proceedings under Part IV of the CCAA in connection with a Chapter 11 filing in the United States Bankruptcy Court.

Strengths

Provided by Chambers

  • The firm has a strong commercial understanding of our transactions and our objectives.

    Restructuring/Insolvency respondentGlobal
  • They have a proven track record of working on complex matters and resolving them efficiently and effectively.

    Restructuring/Insolvency respondentGlobal

Notable Practitioners

Provided by Chambers

  • Senior StatespeoplePatrick T McCarthy KC
    Senior StatespeoplePatrick T McCarthy KC

    Patrick T McCarthy KC

    Patrick McCarthy KC is a highly seasoned restructuring and insolvency lawyer with a particular focus on the energy sector. He has considerable experience in cross-border insolvency work, acting for receivers, monitors and trustees, and is well versed in CCAA proceedings. He is based in Calgary.
  • Band 3Alex MacFarlane
    Band 3Alex MacFarlane

    Alex MacFarlane

    Alex MacFarlane possesses experience acting in high-value CCAA proceedings and representing insurance companies and receivers. He is based in Toronto.

    • He is well-known in the industry as having extensive experience and providing a high level of service

      Restructuring/Insolvency respondentGlobal
    • Alex is a great partner in dealing with insolvency issues. His collaborative approach is greatly appreciated.

      Restructuring/Insolvency respondentGlobal

Ranked Individuals at Borden Ladner Gervais LLP (2)

Canada

Members

Provided by Borden Ladner Gervais LLP

Borden Ladner Gervais LLP has rankings in the following guides

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