Donald Milner | Insolvency & Restructuring Counsel in Toronto | People

Overview

Donald Milner practised in the area of insolvency and restructuring for three decades. As counsel he now deals with matters relating to professional liability insurance.

Related Services

Achievements

Practical Law Company's Cross-Border Handbooks: Restructuring and Insolvency 2004-2009 as a leading Canadian insolvency and restructuring lawyer , Practical Law Company 2004 to 2009

2004 to 2009 2004 to 2009 Practical Law Company Practical Law Company's Cross-Border Handbooks: Restructuring and Insolvency 2004-2009 as a leading Canadian insolvency and restructuring lawyer

Experience

Marathon Pulp enters into insolvency proceedings under the Bankruptcy and Insolvency Act, [Case - Confidential Client], On February 13, 2009, forestry company Marathon Pulp Inc. filed a notice of intention to make a proposal under the Bankruptcy and Insolvency Act (Canada). A syndicate of banks including National Bank of Canada, Laurentian Bank and Comerica Bank were the only secured creditors and were owed approx...
Pan-Canadian Investors Committee completes US$32 billion ABCP restructuring, [Deal - Confidential Client], On January 21, 2009, The Pan-Canadian Investors Committee for Third-Party Structured Asset-Backed Commercial Paper announced that the restructuring plan affecting $32 billion of thirdparty ABCP had been fully implemented. Pursuant to the terms of the plan, holders of affected ABCP will have their...
Nortel commences CCAA and similar proceedings in Canada, US and UK, [Deal - Export Development Canada], On January 14, 2009, Nortel Networks Corporation [NYSE/TSX: NT] announced that it, Nortel Networks Limited and certain of its other Canadian subsidiaries would seek creditor protection under the Companies' Creditors Arrangement Act ("CCAA") in Canada. As well, certain of the Company's U.S. subsid...
Canada Deposit Insurance in numerous liquidations and restructurings of deposit-taking institutions, [Deal - Canada Deposit Insurance Corporation], Donald Milner has advised Canada Deposit Insurance Corporation in numerous liquidations and restructurings of deposit-taking institutions, including a $10 billion transaction in which The Toronto-Dominion Bank and its affiliates acquired the business of Central Guaranty Trust Corporation through ...
Manulife Securities International largest claimant in receivership and bankruptcy of Portus Alternative Asset Management, [Deal - Manulife Securities International Inc.], Donald Milner advised Manulife Securities International Inc., the largest claimant in the receivership and bankruptcy of Portus Alternative Asset Management inc., a 'simulated hedge fund' whose founder fled the country.
German financial institutions are creditors in insolvent restructuring of Air Canada, [Deal - 0930032 B.C. Ltd.], Donald Milner advised two major German financial institutions as creditors in the insolvent restructuring of Air Canada.

Case February 2009 Represented Confidential Client Marathon Pulp enters into insolvency proceedings under the Bankruptcy and Insolvency Act On February 13, 2009, forestry company Marathon Pulp Inc. filed a notice of intention to make a proposal under the Bankruptcy and Insolvency Act (Canada). A syndicate of banks including National Bank of Canada, Laurentian Bank and Comerica Bank were the only secured creditors and were owed approx... Read more

Deal January 2009 Advised Confidential Client Pan-Canadian Investors Committee completes US$32 billion ABCP restructuring On January 21, 2009, The Pan-Canadian Investors Committee for Third-Party Structured Asset-Backed Commercial Paper announced that the restructuring plan affecting $32 billion of thirdparty ABCP had been fully implemented. Pursuant to the terms of the plan, holders of affected ABCP will have their... Read more

Deal January 2009 Advised Export Development Canada Nortel commences CCAA and similar proceedings in Canada, US and UK On January 14, 2009, Nortel Networks Corporation [NYSE/TSX: NT] announced that it, Nortel Networks Limited and certain of its other Canadian subsidiaries would seek creditor protection under the Companies' Creditors Arrangement Act ("CCAA") in Canada. As well, certain of the Company's U.S. subsid... Read more

Deal Advised Canada Deposit Insurance Corporation Canada Deposit Insurance in numerous liquidations and restructurings of deposit-taking institutions Donald Milner has advised Canada Deposit Insurance Corporation in numerous liquidations and restructurings of deposit-taking institutions, including a $10 billion transaction in which The Toronto-Dominion Bank and its affiliates acquired the business of Central Guaranty Trust Corporation through ... Read more

Deal Advised Manulife Securities International Inc. Manulife Securities International largest claimant in receivership and bankruptcy of Portus Alternative Asset Management Donald Milner advised Manulife Securities International Inc., the largest claimant in the receivership and bankruptcy of Portus Alternative Asset Management inc., a 'simulated hedge fund' whose founder fled the country. Read more

Deal Advised 0930032 B.C. Ltd. German financial institutions are creditors in insolvent restructuring of Air Canada Donald Milner advised two major German financial institutions as creditors in the insolvent restructuring of Air Canada. Read more

Career & Education

Education

LLB University of Toronto 1979
MA University of Toronto 1975
BA (Honours), Governor General's Medal, Birks (Gold) Medal Concordia University 1974

Memberships & Affiliations

Member, Insolvency Institute of Canada
Member, Insol International
Member, Canadian Bar Association
Member, Ontario Bar Association
- Insolvency Law Section
- Business Law Section
- Personal Property Security Law Section
Member, Canadian Insolvency Foundation
Member, American Bankruptcy Institute

Publications

RRSPs and RRIFs in Bankruptcy: Policy and Practical Pitfalls in the Proposed Amendments, 8/15/2007
Exemption of RRSPs and RRIFs in Bankruptcy: Bill C-62 Will Change the Changes Made by Bill C-55, 8/7/2007
The 2006 Federal Financial Institutions Legislative Review: What's In and What's Not, 6/1/2006
Some bad news for directors and officers of distressed corporations: The Supreme Court of Canada's decision in Peoples v. Wise, 11/18/2004
New Money Laundering Legislation: Will You Be Compliant?, 4/1/2001
Canada's New Financial Institutions Legislation: New Ownership Opportunities in Canada for Banks and Insurance Companies, 7/1/2000