Cassels Brock & Blackwell LLP

Restructuring/Insolvency Department

Nationwide - Canada
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What the team is known for A solid presence in the national restructuring and insolvency market, offering significant multi-jurisdictional expertise, with a focus on Canada-US cross-border restructurings. Acts for a variety of clients in the mining and energy sectors, with notable experience working on behalf of both creditors and distressed companies. Also acts for trustees in various roles, including as monitors and receivers. Expansion of the teams in Calgary and Vancouver has bolstered the strong practice in Toronto.

Strengths Interviewees state that "they are seen as a real powerhouse in Vancouver as well as in Toronto," adding that "they give really good, practical advice and are great to work with."

A client opined: "Cassels is a sophisticated counsel that provides top-tier advice on very complex transactions, and is excellent at responding to difficult problems in compressed timeframes."

Work highlights Acted for the Canadian arm of BNP Paribas as a major creditor in the CCAA proceedings of Carillion Canada.

Notable practitioners

Clients appreciate that
Jane Dietrich
"provides the right level of advice and does an excellent job." She is engaged by her clients to advise on a number of highly significant CCAA proceedings. Sources say: "Jane Dietrich is amazing - she acts for a lot of liquidators and does a great job at that."

Described by interviewees as "an excellent lawyer,"
Jeffrey Oliver
acts for numerous lenders and monitors on restructuring and insolvency matters. A market source said: "I think he's done a very good job in Calgary."

Clients of
Mary Buttery QC
say: "Mary's real strength is her ability in the courtroom." She represents monitors in CCAA proceedings and also has experience acting for provincial and territorial governments. Sources enthuse: "Mary is fantastic."

Clients characterise
Ryan Jacobs
as "responsive and knowledgeable." He has notable experience in US-related matters, and has represented notable debtor clients in the energy sector in CCAA proceedings. He also has a noteworthy creditor practice.

Leader of the firm’s restructuring and insolvency group,
Shayne Kukulowicz
advises an array of clients, including lenders and monitors, and has experience handling recapitalisation matters. His insolvency expertise is complemented by a significant grasp of bank lending and specialty finance.