Restructuring/Insolvency

About

Provided by Fasken

Financial crises involve many stakeholders and moving parts. A legal team that knows the landscape and can guide you through as effectively as possible is crucial.

Whether we’re helping clients restructure debt or operations, sell assets or address future risks, we keep the lines of communication open and bring creativity to problem solving.

Our lawyers have been involved in all types of restructuring and insolvency proceedings in Canada and have extensive experience in cross-border restructurings, including under Chapter 11 and Chapter 15 of the United States Bankruptcy Code. We have comparable expertise throughout the U.K. and Africa.

Our clients include debtors, lenders and accounting and advisory firms acting as court-appointed monitors, receivers and information officers in insolvency proceedings. We also regularly advise purchasers, investors, lenders and others in transactions with insolvent debtors.

Appropriate solutions could range from informal workouts and restructurings to more formal proceedings under the Companies’ Creditors Arrangement Act, Canada Business Corporations Act, Bankruptcy and Insolvency Act or Winding-Up and Restructuring Act.

Where matters become contentious, our team is ready to litigate. We are regularly involved in leading court cases and have appeared on many of the most cited cases in Canadian insolvency law.