Department profile
Torys LLP

Restructuring/Insolvency

Canada Guide 2027 : 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 advised JT Canada and PricewaterhouseCoopers in its capacity as Receiver of JTI-MacDonald TM in several CCAA proceedings.

Strengths

Provided by Chambers

  • Torys has strong Canadian and cross-border restructuring expertise coupled with full-service corporate advice.

    Restructuring/Insolvency respondentCanada
  • The firm has significant courtroom presence and credibility, pan-Canadian presence and strategic judgement.

    Restructuring/Insolvency respondentCanada
  • The Torys team has deep subject matter expertise and lived experience with major cases.

    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 an encyclopedia of knowledge.

      Restructuring/Insolvency respondentCanada
    • He is the best in the business and knows us extremely well.

      Restructuring/Insolvency respondentCanada
    • He has a great legal mind and is very good at detailed, complex problems.

      Restructuring/Insolvency respondentCanada
    • David provides excellent service. He is extremely responsive and always has a practical solution to the most complex of matters.

      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 intelligent, experienced and has a keen ability to see the overall big picture.

      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.
    • He is a strategic, calm and highly effective counsel who is very adept at navigating complex and contentious restructurings.

      Restructuring/Insolvency respondentCanada
    • Scott provides excellent client service and is extremely sophisticated with complex issues.

      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 is a versatile insolvency lawyer who understands both Canadian and US law, developing strategies to optimise opportunities under both.

      Restructuring/Insolvency respondentCanada
  • Band 5Kyle Kashuba
    Band 5Kyle Kashuba

    Kyle Kashuba

    Kyle Kashuba offers particularly strong expertise in restructuring and insolvency issues arising in the oil and gas and mining sectors. He is based in Calgary.

    • He is very responsive, great at complex problems and has an unbelievable ability to get diverse parties to come together for a common goal.

      Restructuring/Insolvency respondentCanada
    • Kyle has a strong client presence and an ability to provide invaluable advice.

      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 exceptionally smart, really loves the law and is very bright.

      Restructuring/Insolvency respondentCanada
  • Associates to watchMike Noel
    Associates to watchMike Noel

    Mike Noel

    Mike Noel is an associate recognised for his broad insolvency expertise and ability to assist clients in both Canadian and cross-border restructurings. He is Toronto-based.

Ranked Individuals at Torys LLP (7)

Nationwide - Canada

Members

Provided by Torys LLP

Torys LLP has rankings in the following guides

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