Department profile
Gowling WLG (Canada) LLP

Restructuring/Insolvency

Global Guide 2026 : Canada

Share profile

Gowling WLG (Canada) LLP

Rankings

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Canada

Band 4

What the Team is Known For
Gowling WLG provides comprehensive restructuring and insolvency expertise across its Canadian offices, including substantial insolvency litigation capabilities. The group fields a strong national practice, with significant strength in Toronto complemented by its Calgary, Montréal and Vancouver offices, and has notable cross-border experience handling mandates that concern the US Bankruptcy Code. The team advises debtors, receivers and court-appointed monitors on bankruptcies and receiverships across various industries, including oil and gas, retail, agriculture and financial services. It also regularly acts as counsel to several major Canadian banks.
View ranking table

Work Highlights

Provided by Chambers

  • Gowling WLG represented Myra Falls Mine Ltd. in connection with its insolvency proceedings pursuant to the CCAA.

Strengths

Provided by Chambers

  • Gowling is highly experienced, innovative and offers creative recommendations during negotiations.

    Restructuring/Insolvency respondentGlobal

  • There is no question that Gowling can handle the most complex corporate restructuring matters.

    Restructuring/Insolvency respondentGlobal

Notable Practitioners

Provided by Chambers

  • Clifton Prophet
    Clifton Prophet

    Clifton Prophet

    Clifton Prophet heads the firm's financial institutions litigation group. He has a broad range of experience in major insolvency proceedings.

    • He's a fantastic litigator.

      Restructuring/Insolvency respondentGlobal

    • Clifton is a strong practitioner who is very practical and easy to work with.

      Restructuring/Insolvency respondentGlobal

    • Clifton is very strategic and a great problem-solver.

      Restructuring/Insolvency respondentGlobal
    View profile
  • Virginie Gauthier
    Virginie Gauthier

    Virginie Gauthier

    Toronto-based Virginie Gauthier has a broad practice which includes offering advice to information officers, debtors and financial institutions on an array of high-stakes insolvency matters.

    • She is very personable, knows her stuff and has good experience.

      Restructuring/Insolvency respondentGlobal

    • She provides exceptional advice and is an effective communicator and strong advocate.

      Restructuring/Insolvency respondentGlobal

    • Virginie is always available, knows the market very well and is very pleasant to work with.

      Restructuring/Insolvency respondentGlobal
    View profile
  • David F W Cohen
    David F W Cohen

    David F W Cohen

    David Cohen has a financial sector focus, leading the financial institutions and services practice within Gowling, and regularly acts for lenders on restructuring and insolvency matters.

    • David is a strong practitioner who is very creative in tough situations.

      Restructuring/Insolvency respondentGlobal

    • He is very creative and understands our business and what we want to achieve. He is able to provide extensive options for solutions we are trying to pursue.

      Restructuring/Insolvency respondentGlobal
    View profile
  • Thomas Cumming
    Thomas Cumming

    Thomas Cumming

    Thomas Cumming leads the Gowling WLG restructuring and insolvency group in Calgary. He assists creditors and debtors, among others, with CCAA proceedings.

    • Thomas is brilliant and technically strong.

      Restructuring/Insolvency respondentGlobal
    View profile

Ranked Individuals at Gowling WLG (Canada) LLP (4)

Canada

Gowling WLG (Canada) LLP has rankings in the following guides

What success is built on

Chambers is the leading data and intelligence partner for the legal sector.

Explore thought leadership