Department profile
Torys LLP

Restructuring/Insolvency

Global Guide 2026 : Canada


Torys LLP

Rankings

About

Provided by Torys LLP

As trusted advisers to our best-in-class clients, we have an unsurpassed record of success. The team's creativity, business and capital markets knowledge, and strategic counsel set us apart and consistently place Torys in the centre of the field's largest transactions and proceedings.

Clients call on the Torys' team for guidance whenever risks or opportunities arise. Special engagements reporting to senior management, boards of directors or special board committees permit us to discreetly guide clients through strategic and legal alternatives for resolving or pre-empting financial challenges. Our lawyers also provide context-specific counsel on individual and corporate duties, responsibilities and potential liabilities.

For our industry-leading investment-side clients, our team gives beginning-to-end counsel on acquisitions, equity and debt investments, and other transaction opportunities. Beginning with a full understanding of our clients' objectives and surrounding considerations, our team advises on strategies and situational dynamics, develops deal structures, negotiates terms, and engineers and implements the most effective path to completion.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - 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 made us feel as though we were their most important client.

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

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

    Restructuring/Insolvency respondentGlobal

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.

    • He is well-versed in the space and very articulate.

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

      Restructuring/Insolvency respondentGlobal
    • Adam is very knowledgeable, quick and effective, and has great client management skills.

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

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

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

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

      Restructuring/Insolvency respondentGlobal
    • 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 respondentGlobal

Ranked Individuals at Torys LLP (5)

Canada

Members

Provided by Torys LLP

Torys LLP has rankings in the following guides

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