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Alain Riendeau, Partner | Insolvency & Restructuring

Alain Riendeau

Partner Fasken
Jurisdiction Québec, 1986
Language(s) French, English
Office(s) Montréal
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Overview

Alain Riendeau is a partner of the Commercial Litigation section and member of the Insolvency & Restructuring group. He practices in the fields of civil and commercial litigation, with a focus on insolvency and corporate restructuring. Alain has been involved in many complex financial disputes and in most of the large restructurings that have taken place in Québec over the last three decades, including more recently acting for:

  • PricewaterhouseCoopers Inc. as court-appointed Monitor in the CCAA proceedings of Groupe Sélection Inc. et al.;
  • Insolvency Institute of Canada in its intervention before the Quebec Court of Appeal in the Chronométriq insolvency proceedings;
  • PricewaterhouseCoopers Inc. as court-appointed Monitor in the CCAA proceedings of Monarch Mining Inc. et al.;
  • Raymond Chabot Inc. as court-appointed Monitor in the CCAA proceedings of Tergeo Critical Minerals et al.;
  • Caisse de dépôt et placement and CDPQ Ressources in the CCAA proceedings of Stornoway Diamonds (Canada) Inc.;
  • PricewaterhouseCoopers Inc. as court-appointed Monitor in the CCAA proceedings of Perativ General Partnership et al.;
  • Deloitte Restructuring Inc. as court-appointed Monitor in the CCAA proceedings of BlackRock Metals Inc. et al;
  • North American Lithium Inc. in its restructuring under the CCAA;
  • Rebuts Solides Canadiens Inc. et al. in their restructuring under the CCAA;
  • Transcontinental Inc. in its acquisition of the assets of Enviroplast Inc. in the context of receivership proceedings;
  • Exfo Inc. in its privatization pursuant to a plan of arrangement under s. 192 of the CBCA;
  • Transat A.T. Inc. in its attempted acquisition by Air Canada pursuant to a plan of arrangement under s. 192 of the CBCA;
  • Lumenpulse Inc. in its privatisation pursuant to a plan of arrangement under s. 192 of the CBCA;
  • Canam Group Inc. in its privatisation pursuant to a plan of arrangement under s. 192 of the CBCA;
  • Orbite Technologies Inc. in its restructuring under the CCAA;
  • Les Grands Travaux Soter Inc. in its restructuring under the CCAA;
  • Canadian Pacific Railway in the Montreal, Maine & Atlantic Canada Co.’s CCAA proceeding in connection with the derailment in the town Lac-Mégantic;
  • Ernst & Young Inc. in its capacity as court-appointed Liquidator in the CBCA liquidation proceedings of Penson Financial Services Canada Inc., a registered clearing broker, which at one time held approximately $10 billion of client assets;
  • Certain creditors in the Bloom Lake CCAA proceedings;
  • Goldcorp Inc. in its non-solicited take-over bid for Osisko Mining Corporation;
  • Fibrek Inc. in defence of AbitibiBowater’s non-solicited take-over bid;
  • A major Québec corporation in a dispute with its franchisees.

Alain frequently pleads before both trial and appeal courts.

Consistently named to the list of "Best Lawyers in Canada" for insolvency and restructuring.

Ranked by the Canadian Legal Lexpert guide as one of the most frequently recommended lawyers in insolvency and financial restructuring.

Achievements

  • Recognized nationwide as a Leading Individual in Insolvency & Restructuring, Legal 500 2024 to 2026
  • Recognized in Québec as a Litigation Star, Benchmark Litigation Canada 2018 to 2026
  • Recognized nationwide in Insolvency & Restructuring , Chambers Canada 2016 to 2026
  • Recognized in Corporate and Commercial Litigation and in Insolvency and Financial Restructuring Law in Montreal, The Best Lawyers in Canada 2006 to 2026
  • Recognized in the Canadian Legal Lexpert Directory as Most Frequently Recommended in Insolvency & Financial Restructuring, Lexpert 2025 to 2026
  • Recognized in Insolvency , Lexpert 500 Cross Border Directory (formerly ALM 500) 2025 to 2026
  • Recognized in Restructuring & Insolvency by Lexology, Lexology Index 2024 to 2025
  • Recognized nationwide as Highly regarded in Restructuring and Insolvency, IFLR 1000 2022 to 2025
  • Recognized in the Canadian Legal Lexpert Directory in Litigation - Corporate Commercial, Lexpert 2025
  • Recognized nationwide in Canada in Restructuring/Insolvency, Chambers Global 2015 to 2025

Experience

  • Exceldor Cooperative sells its assets to Sofina Foods, [Deal - Exceldor Cooperative], Sale of assets of Exceldor Cooperative to Sofina Foods.
  • Taiga Motors successfully completed its restructuring under the Companies’ Creditors Arrangement Act, [Deal - Deloitte Restructuring Inc.], Sale of Taiga Motors to Stewart Wilkinson.
  • Noranda Income Fund completes going-private transaction with Glencore Canada Corporation, [Deal - Noranda Income Fund], Noranda Income Fund completes going-private transaction with Glencore Canada Corporation.
  • EXFO completes a going-private transaction, [Deal - EXFO Inc.], A corporation controlled by Germain Lamonde acquired all the issued and outstanding subordinate voting shares of EXFO, other than the shares held by Germain Lamonde and Philippe Morin ( the “Excluded Shares”).
  • North American Lithium Inc. successfully completes restructuring under the Companies’ Creditors Arrangement Act, [Case - North American Lithium Inc.], North American Lithium has successfully completed its restructuring under the CCAA pursuant to a reverse-vesting order type transaction structure.
  • Votorantim Cimentos and McInnis Cement to Combine Cement Operations in North America, [Deal - Caisse de dépôt et placement du Québec], St. Marys Cement Inc. (Canada), a wholly owned subsidiary of Votorantim Cimentos, and McInnis Cement Inc. agreed to combine their assets to create a combined an entity to manufacture, distribute and sell cement in Canada and the United States. The joint venture will be owned by Votorantim Cimento...
  • Intact Insurance, Bélair Direct And Industrial Alliance In A Class Action Instituted Against Car Insurers Across Quebec, [Case - Intact Insurance, Belair Direct and Industrial Alliance], Our team is acting for Québec’s largest car insurers (Intact and Bélair) in the context of a class action instituted against car insurers across the province. The Application to authorize the class action seeks damages related to the alleged fact that (i) insurance companies raise premiums with r...
  • Groupe TVA is claiming over $4.1 million from Juste pour rire for loss of value of broadcast rights, [Case - Groupe TVA], Groupe TVA instituted proceedings claiming over $4.1 million dollars from Juste pour rire after the broadcast rights it had acquired became unusable following a sexual misconduct scandal involving its founder and CEO, Gilbert Rozon. TVA is claiming $4,095,768, the equivalent of the value of the u...
  • Stornoway Diamond applies for C$946 million CCAA filing, [Case - Caisse de dépôt et placement du Québec], On September  9, 2019, Stornoway Diamond Corporation (the “Corporation” or “Stornoway”) announced that the Corporation and its subsidiaries Stornoway Diamonds (Canada) Inc. (“SDCI”), Ashton Mining of Canada Inc. (“Ashton”), and FCDC Sales and Marketing Inc. (“FCDC” and collectively, the “SWY Part...

Career & Education

Education

  • LLB University of Sherbrooke

Memberships & Affiliations

  • Member of the Barreau du Québec
  • Member of the Bar of Montréal
  • Member of the Canadian Bar Association
  • Member of the Insolvency Institute of Canada

Knowledge

  • “One True Rule” Reigns Again in Public M&A: Court of Appeal Awards Dissenting Shareholders Significant Premium, 3/5/2024
  • Fasken 2023 Insolvency Insights, 1/31/2024
  • The Court of Appeal of Québec Renders an Important Decision in Insolvency Matters in Canada, 10/24/2023

News

  • Lexpert® ALM 500 Directory 2022 Names 22 Fasken Lawyers, 1/6/2022
  • Droit-inc mentions Brandon Farber and Alain Riendeau in an article about lobbying mandates, 3/5/2020
  • Lexpert® ALM 500 Directory 2020 Names 18 Fasken Lawyers, 12/13/2019
  • Lexpert®ALM 500 Directory Names 18 Fasken Lawyers, 12/12/2018
  • Fasken Litigators Profiled in Lexpert’s Special Edition on Litigation in Globe and Mail’s ROB, 11/30/2018
  • Fasken Wins Labour and Employment Law Firm of the Year in the 2019 Best Lawyers in Canada Guide, 8/21/2018
  • Fasken’s litigators listed in Benchmark Litigation’s 2018 Guide, 5/31/2018
  • The 2018 Canadian Legal Lexpert Directory recognizes 200 Fasken lawyers, 4/12/2018
  • Chambers Global 2018 recognizes 54 Fasken lawyers in 19 practice areas firm-wide, 2/19/2018
  • Lexpert Highlights Fasken Lawyers in Litigation, 12/13/2017

Publications