Department profile
McMillan LLP

Restructuring/Insolvency

Global Guide 2026 : Canada

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McMillan LLP

Rankings

About

Provided by McMillan LLP

McMillan’s Restructuring Group is one of Canada’s leading business insolvency practices. We have an outstanding track record of achieving successful outcomes for our clients in a broad range of situations. Our highly skilled team includes top-ranked lawyers known for their expertise and creative problem-solving, allowing McMillan to deliver the highest standards of transactional and structuring leadership, and commercial advocacy. Drawing upon our legal expertise across all business practice areas and our broad range of industry experience, we provide clients with comprehensive solutions to the most challenging problems.
We have an earned reputation as thought-leaders in the industry. Our team is best known for creative and ‘out of the box’ thinking for complex reorganizations and distressed solutions; being a leading trouble-shooter firm for banks; having a strong debtor-side practice; representing monitors, receivers and other court-appointed officers in complex insolvency proceeding; and being a leading firm for purchasers of distressed business. Our strong young national team delivers first tier senior leadership with a deep intellectual and technical understanding of the law yet pragmatic, practical and business oriented.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Canada

Band 3

What the Team is Known For
McMillan is a national law firm with particular strength in Toronto, supported by its Calgary and Montréal offices. It is highly regarded for its representation of secured lenders in a range of distressed business situations. It also represents a number of major Canadian banks, in addition to acting for court-appointed monitors and receivers, and the purchasers of insolvent companies. The group stands out for its extensive experience of oil and gas and mining insolvency work, and is often involved in international matters.
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Work Highlights

Provided by Chambers

  • McMillan acted for Casa Systems Canada, and its Canadian affiliates, in their Chapter 11 proceedings.

Strengths

Provided by Chambers

  • McMillan is very responsive, knowledgeable and solution-driven.

    Restructuring/Insolvency respondentGlobal

  • The law firm deftly navigated a complex matter and delivered an excellent result.

    Restructuring/Insolvency respondentGlobal

  • They have excellent specialists on their team that can help in many areas.

    Restructuring/Insolvency respondentGlobal

Notable Practitioners

Provided by Chambers

  • Waël Rostom
    Waël Rostom

    Waël Rostom

    Waël Rostom has notable experience representing banks and financial institutions, and is often engaged on CCAA proceedings. He is based in Toronto.

    • Waël is a strong attorney who brings a great combination of legal expertise, practical experience and commercial awareness.

      Restructuring/Insolvency respondentGlobal

    • Waël is an amazing partner for us, offering an uncommon level of commercial awareness and strategic vision, while also holding a deep knowledge of relevant restructuring law and precedence.

      Restructuring/Insolvency respondentGlobal

    • He is very tactical and very collaborative.

      Restructuring/Insolvency respondentGlobal

    • HIs client service is great and he is a trusted advisor that we often turn to.

      Restructuring/Insolvency respondentGlobal
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  • Adam C Maerov
    Adam C Maerov

    Adam C Maerov

    Adam Maerov acts for a range of clients, including lenders and shareholders of distressed companies.

    • Adam is incredibly knowledgeable.

      Restructuring/Insolvency respondentGlobal

    • Adam is a leading lawyer in all aspects of corporate restructuring and insolvency matters.

      Restructuring/Insolvency respondentGlobal

    • His ability to see the big picture and help define a strategy is very helpful for us.

      Restructuring/Insolvency respondentGlobal
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  • Tushara Weerasooriya
    Tushara Weerasooriya

    Tushara Weerasooriya

    Toronto-based Tushara Weerasooriya is noted for her strong capabilities in restructuring and receivership proceedings.

    • Tushara is an exceptional lawyer who thinks through issues thoughtfully. She has the ability to find solutions in a creative way and proactively manages the engagement.

      Restructuring/Insolvency respondentGlobal

    • Tushara is super knowledgeable and provides great client service.

      Restructuring/Insolvency respondentGlobal

    • Tushara was an excellent leader. Her knowledge, combined with her customer service, proved to be invaluable.

      Restructuring/Insolvency respondentGlobal
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Ranked Individuals at McMillan LLP (3)

Canada

Members

Provided by McMillan LLP

McMillan LLP has rankings in the following guides

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