Skip to main content
Daniel T. Richer, Partner | Insolvency & Restructuring

Daniel T. Richer

Partner Fasken
Jurisdiction Ontario, 2018
Language(s) English
Office(s) Toronto
Contact
Share
  • LinkedIn

Overview

Daniel helps clients through rough waters. He assists creditors, debtors and other stakeholders understand and assert their interests in all manner of insolvency proceedings under the Companies’ Creditors Arrangement Act (CCAA), the Bankruptcy and Insolvency Act (BIA) and Ontario’s Courts of Justice Act. He is also adept at helping clients mitigate risks posed by insolvency or potential insolvency.

Daniel has won cases at all levels of court. He regularly appears before the Ontario Superior Court of Justice’s Commercial List and has successfully prosecuted appeals, including before the Supreme Court of Canada.

Daniel is experienced in representing Canadian and international lenders, insurers, professional service firms, land developers, manufacturers, franchisors and public bodies, among others, across many industries, including real estate, logistics, retail, resource extraction and processing, food processing and service, healthcare and infrastructure.

Achievements

Experience

  • Supreme Court of Canada rules in favour of Toronto homeowners in landmark adverse possession case, [Case - Pawel Kosicki and Megan Munro], Supreme Court clarifies that adverse possession applies to municipal land, siding with Toronto homeowners in a landmark property law case.
  • Voyager Digital Ltd. files for chapter 11 proceedings under the Companies’ Creditors Arrangement Act, [Deal - Voyager Digital Ltd.], Publicly traded cryptocurrency platform commences CCCA proceedings.
  • BNP Paribas hedges CCCA Proceedings of Harte Gold Corp., [Deal - BNP Paribas], International bank completes assignment of rights and obligations for independent Canadian gold producer.
  • First Commercial Bank and msi Spergel Inc. recover debt in ZM Global Inc. receivership proceedings, [Deal - First Commercial Bank and msi Spergel Inc.], Receivership proceedings of furniture importing business.
  • Gordon Brothers and Hilco Streambank lead liquidation of Canadian Le Château stores, [Deal - Gordon Brothers and Hilco Streambank], Joint venture liquidation of inventory and equipment of Canadian clothing retail chain.
  • Richter Advisory Group Inc. completes responsibilities as Proposal Trustee in Geox Canada Inc.’s Bankruptcy and Insolvency Act proceedings, [Deal - Richter Advisory Group Inc.], Shoe and clothing manufacturer’s restructuring receives vote of approval from creditors.
  • Advised CCAA Proceeding of Beleave Inc. and certain of its subsidiaries licensed under the Cannabis Act (Canada), [Deal - Grant Thornton, Limited], Acting for Grant Thornton Limited, as Court-appointed Monitor of the Beleave Group in its restructuring proceedings under the Companies’ Creditors Arrangement Act. Beleave Group is a licensed cannabis producer in Canada. Fasken advised Grant Thornton Limited with a team led by Dylan Chochla and ...
  • Tiger Asset Solutions Canada, ULC and GA Retail Canada ULC lead liquidation of certain GNC Canada stores, [Deal - Tiger Capital and Great American Group], Joint venture liquidation of inventory and equipment of health and nutrition related products retailer.
  • Ring International Holding acquires Maricann for C$12.4 million and certain other property from Wayland Group, [Deal - Ring International Holding AG], On April 23, 2020, Ring International Holding AG (“Ring”) completed its indirect acquisition all of the issued and outstanding shares of Wayland Group Corp.’s subsidiary, Maricann Inc. (“Maricann”), and certain other property of Wayland for a purchase price of up to CAD $12,400,000 (the “Transac...

Career & Education

Education

  • BCL McGill University
  • LLB McGill University

Community involvement

  • Volunteer, Pro Bono Ontario

Memberships & Affiliations

  • Member, Canadian Bar Association
  • Member, Ontario Bar Association
  • Member, Turnaround Management Association

Knowledge

  • Fasken’s 2025 Insolvency Insights, 2/11/2026
  • Fasken 2023 Insolvency Insights, 1/31/2024
  • A Cautionary Tale : Now You See It, Now You Don’t!, 9/27/2017

News

Publications

  • Chasing Waterfalls: Landlords’ Priorities in Bankruptcy and Insolvency, 1/1/2020
  • Planning Act Consent for Leases: The Good, the Bad and the Confusing, 1/1/2019
  • Practice Management Issues Following Clark v. Bertrand, 1/1/2019
  • Your File is Full of Piranhas: A Real Estate Litigator’s Perspective, 1/1/2018
Article, Co-Author Chasing Waterfalls: Landlords’ Priorities in Bankruptcy and Insolvency The Six-Minute Commercial Leasing Lawyer 2020
Article, Co-Author Planning Act Consent for Leases: The Good, the Bad and the Confusing The Six-Minute Commercial Leasing Lawyer 2019
Article, Co-Author Practice Management Issues Following Clark v. Bertrand The Six-Minute Real Estate Lawyer 2019