Department profile
McCarthy Tétrault LLP

Restructuring/Insolvency

Global Guide 2026 : Canada


McCarthy Tétrault LLP

Rankings

About

Provided by McCarthy Tétrault LLP

We have one of the largest bankruptcy & restructuring groups in Canada, with extensive experience in all areas of the practice. We regularly represent debtors as well as major financial institutions and other capital providers, large corporate creditors and court-appointed monitors, receivers and trustees.

Clients look to us for insightful strategies and solutions because of our:

Breadth: Our team is experienced in complex insolvency matters and sensitive restructurings. We integrate our multijurisdictional scope and expertise with the firm’s national strength across a broad spectrum of other key practice areas such as banking, litigation, tax, securities, labour and employment, and pensions.

Cross-border experience: We understand the bankruptcy/insolvency environment on both sides of the Canada-US border, and we regularly act on major international matters with US, European and other co-counsel.

Track record: Our significant role in most major Canadian and cross-border restructurings, insolvencies and work-outs for more than 20 years has earned us a superlative track record in all areas of this field nationwide.

Leadership: Leading legal directories and publications routinely acknowledge us as pre-eminent insolvency and restructuring professionals.

Service: We pride ourselves on responding quickly to our clients’ needs in a proactive and practical manner. We apply a creative, business-oriented approach to achieve their objectives, both in the boardroom and in the courtroom.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Canada

Band 2

Band 2


What the Team is Known For

McCarthy Tétrault has a strong national restructuring and insolvency team with a significant creditor-side practice. It regularly advises restructuring officers and monitors, as well as undertaking large debtor mandates. McCarthy Tétrault offers notable cross-border capabilities and experience relating to pensions and investment funds, and stands out for its recent involvement in energy sector insolvency matters, in addition to acting on mandates in the manufacturing and automotive industries. The firm's clients benefit from its multidisciplinary offering and expertise in litigation, tax and corporate law, while its national breadth allows it to provide local support across Canada.

Work Highlights

Provided by Chambers

  • McCarthy Tétrault represented the Clarkson Group in their CCAA proceedings.

Strengths

Provided by Chambers

  • The team provides the most innovative solutions and strategies.

    Restructuring/Insolvency respondentGlobal
  • They have provided ongoing, cogent advice and have been a partner in our strategic decision-making.

    Restructuring/Insolvency respondentGlobal
  • McCarthy Tétrault is business-oriented, pragmatic and creative. They work to make things happen with a constructive approach.

    Restructuring/Insolvency respondentGlobal

Notable Practitioners

Provided by Chambers

  • Band 2James D Gage
    Band 2James D Gage

    James D Gage

    James Gage advises monitors and trustees in addition to companies undertaking restructuring proceedings. He heads up the bankruptcy and restructuring practice at McCarthy Tétrault and is based in Toronto.
    • He is tough as nails but he earns peoples respect.

      Restructuring/Insolvency respondentGlobal
    • James has been knowledgeable, reliable and available to address our questions and needs. He has been very professional and courteous to deal with.

      Restructuring/Insolvency respondentGlobal
  • Band 3Alain Tardif
    Band 3Alain Tardif

    Alain Tardif

    Alain Tardif has an array of experience acting for monitors and creditors in CCAA proceedings. He is based in Montréal.

    • He's extremely innovative.

      Restructuring/Insolvency respondentGlobal
    • Alain thinks outside the box and is very practical.

      Restructuring/Insolvency respondentGlobal
    • He's a seasoned veteran.

      Restructuring/Insolvency respondentGlobal
  • Band 3Sean F Collins
    Band 3Sean F Collins

    Sean F Collins

    Sean Collins acts for monitors and receivers, as well as other stakeholders, on major restructurings. He splits his time between Calgary and Vancouver.
    • Sean was incredible to work with.

      Restructuring/Insolvency respondentGlobal
    • Sean is calm and capable. He can handle the toughest and most complex files.

      Restructuring/Insolvency respondentGlobal
  • Band 4Heather Meredith
    Band 4Heather Meredith

    Heather Meredith

    Heather Meredith is based in Toronto, where she is regularly involved in major restructuring and insolvency matters. She has notable experience acting for the agents of lending syndicates.
    • Heather is a fantastic lawyer. She is a very good and tough negotiator.

      Restructuring/Insolvency respondentGlobal
    • I find Heather to be very practical, resourceful and strategic.

      Restructuring/Insolvency respondentGlobal
  • Band 5Hugo Babos-Marchand
    Band 5Hugo Babos-Marchand

    Hugo Babos-Marchand

    Based in Montréal and Québec City, Hugo Babos-Marchand is noted for his experience in advising secured creditors and debtor companies as well as financial institutions on large-scale bankruptcy and insolvency matters.

    • Hugo is a great lawyer. He is devoted to his clients and his advice is pragmatic.

      Restructuring/Insolvency respondentGlobal
    • Hugo is an excellent practitioner.

      Restructuring/Insolvency respondentGlobal
  • Band 5Lance Williams
    Band 5Lance Williams

    Lance Williams

    Lance Williams is a Vancouver-based partner with notable cross-border restructuring experience, including acting for clients in the mining and forestry spaces.
    • Lance is a great lawyer. He does very good practical work.

      Restructuring/Insolvency respondentGlobal
    • Lance is an extremely talented lawyer and a fierce advocate for his client.

      Restructuring/Insolvency respondentGlobal
    • He's an excellent lawyer. Lance always does a great job for his clients.

      Restructuring/Insolvency respondentGlobal
  • Band 6Jocelyn Perreault
    Band 6Jocelyn Perreault

    Jocelyn Perreault

    Based in Montréal, Jocelyn Perreault is developing a strong reputation in the restructuring space.
    • He is highly skilled and hard-working.

      Restructuring/Insolvency respondentGlobal
    • He can think outside the box to resolve complex commercial matters.

      Restructuring/Insolvency respondentGlobal
    • Jocelyn is extremely smart and technically strong.

      Restructuring/Insolvency respondentGlobal

Ranked Individuals at McCarthy Tétrault LLP (7)

Canada

Members

Provided by McCarthy Tétrault LLP

McCarthy Tétrault LLP has rankings in the following guides

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