Department profile
Torys LLP

Restructuring/Insolvency

Canada Guide 2026 : Nationwide - Canada


Torys LLP

Rankings

About

Provided by Torys LLP

Clients look to our team’s experience and guidance whenever restructuring risks and opportunities arise. Commercial and practicable, we apply an outcome-oriented approach to restructuring and insolvency matters both in the boardroom and the courtroom.

We bridge differences and move proceedings and transactions forward strategically and effectively, across client types and market segments.

Directors and senior leadership of prominent Canadian and international companies, industry-leading investors, lenders, private equity firms and pension funds, court-appointed monitors, receivers and trustees look to us for counsel in high-profile and cross-border engagements. This diverse client base informs our experience, resulting in creative, constructive and effective strategies for our clients.

We play a lead role in insolvency and restructuring work in every economic sector. Our broad experience includes traditional bankruptcy, receivership, restructuring and insolvency matters—as well as cross-border mandates and negotiated debt modifications, re-financings, recapitalizations, bridge loans, exit financing, equity issuances/subscriptions, debt-to-equity exchanges, and all forms of distressed M&A transactions. We also have comprehensive experience with specialized proceedings for financial institutions under the Winding-up and Restructuring Act.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Nationwide - Canada

Band 2

Band 2


What the Team is Known For
Torys is a highly regarded law firm with impressive competencies in the restructuring and insolvency space. The team assists a prestigious portfolio of corporate clients with debt restructuring, exit financing and recapitalisation transactions. It often represents leading financial institutions and banks, as well as businesses in the manufacturing and retail sectors. The restructuring and insolvency group is well placed to advise on cross-border files, including Chapter 11 and Chapter 15 proceedings. It offers impressive expertise out of Toronto and an expanding practice in Calgary.

Work Highlights

Provided by Chambers

  • Torys represented Tarion Warranty Corporation in connection with the Mizrahi (The One) restructuring.

Strengths

Provided by Chambers

  • They have a proven track record of working with me on complex matters and of resolving them efficiently and effectively.

    Restructuring/Insolvency respondentCanada
  • They made us feel as though we were their most important client.

    Restructuring/Insolvency respondentCanada
  • They are really a one-stop shop for all. The team is deep with partners who are technical specialists.

    Restructuring/Insolvency respondentCanada

Notable Practitioners

Provided by Chambers

  • Band 1David Bish
    Band 1David Bish

    David Bish

    David Bish has experience acting for information officers in major CCAA proceedings and also represents monitors and creditors. He heads the restructuring and insolvency team and is based in Toronto.

    • David is a fantastic resource for our company and is always available exactly when we need him. He has a wealth of experience and is terrific to deal with.

      Restructuring/Insolvency respondentCanada
    • He is well-versed in the space and very articulate.

      Restructuring/Insolvency respondentCanada
    • David is a phenomenal lawyer and partner and someone who is respected by everyone, regardless of what side of the table they are on. We are truly fortunate to have him as our counsel.

      Restructuring/Insolvency respondentCanada
  • Band 3Adam Slavens
    Band 3Adam Slavens

    Adam Slavens

    Adam Slavens frequently advises clients on high-value CCAA and receivership proceedings from his base in Toronto.
    • Adam is very knowledgeable, quick and effective, and has great client management skills.

      Restructuring/Insolvency respondentCanada
    • He is very bright and provides excellent legal advice.

      Restructuring/Insolvency respondentCanada
    • He is a hardworking lawyer with a strong knowledge of our industry and business.

      Restructuring/Insolvency respondentCanada
    • Adam is a solid legal restructuring professional with a keen understanding of client service and commercial awareness.

      Restructuring/Insolvency respondentCanada
  • Band 3Scott A Bomhof
    Band 3Scott A Bomhof

    Scott A Bomhof

    Respected insolvency practitioner Scott Bomhof has experience acting for lenders, court officers and real estate companies. He has advised on high-value matters occurring in sectors such as tobacco and construction. He is based in Toronto.
    • Scott is very personable, and has deep knowledge of his practice area.

      Restructuring/Insolvency respondentCanada
  • Band 3Tony DeMarinis
    Band 3Tony DeMarinis

    Tony DeMarinis

    Toronto-based Tony DeMarinis has noteworthy experience as special counsel on high-value matters. He serves as chair of Torys' corporate restructuring and advisory practice.
    • Tony has tremendous experience.

      Restructuring/Insolvency respondentCanada
  • Band 6Kyle Kashuba
    Band 6Kyle Kashuba

    Kyle Kashuba

    Kyle Kashuba offers particularly strong expertise in restructuring and insolvency issues arising in the oil and gas and mining sectors.
    • Kyle is committed to achieving excellence in the delivery of his work product with the focus of building and enhancing deep client relationship.

      Restructuring/Insolvency respondentCanada
    • Kyle was very thorough and informative.

      Restructuring/Insolvency respondentCanada
    • He's an excellent all-round lawyer.

      Restructuring/Insolvency respondentCanada
  • Up and ComingJeremy Opolsky
    Up and ComingJeremy Opolsky

    Jeremy Opolsky

    Jeremy Opolsky acts for receivers, trustees and insolvent entities during major CCAA proceedings, and is an experienced litigator. He also writes broadly on insolvency issues.

    • Jeremy is an excellent litigator. His advocacy is strong, and tempered by his effectiveness.

      Restructuring/Insolvency respondentCanada
    • Jeremy is very knowledgeable, very personable, and great at maintaining client relationships.

      Restructuring/Insolvency respondentCanada
    • He's a very good litigator who has a deep understanding of the law.

      Restructuring/Insolvency respondentCanada

Ranked Individuals at Torys LLP (6)

Nationwide - Canada

Members

Provided by Torys LLP

Torys LLP has rankings in the following guides

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