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Mitch Stephenson Toronto Lawyer

Mitch Stephenson

Partner Fasken
Jurisdiction Ontario, 2017
Language(s) English
Office(s) Toronto
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Overview

Mitch Stephenson is a partner in the firm’s Insolvency and Restructuring Group. Mitch represents clients in all manner of insolvency proceedings, including domestic and cross-border restructurings and bankruptcies as well as receivership proceedings and liquidation and wind-up proceedings. Mitch provides guidance to clients in both transactional and litigation settings, helping them surmount obstacles at any stage of an insolvency proceeding, strategic process, or workout process. His clients come from all stakeholder categories, including banks, credit unions, investment funds, debtors, landlords, tenants, suppliers, and prospective purchasers of distressed assets. Mitch also advises trustee firms in their engagements as monitors, information officers, receivers, liquidators, and trustees-in-bankruptcy.

Mitch’s work intersects with a variety of industry sectors, including mining, banking and financial services, insurance, logistics, pharmaceuticals and medical devices, hospitality, retail, construction, real estate, and others. Mitch has also represented clients in the public sector, including financial services regulators and for-profit and non-profit crown corporations.

Mitch has appeared in all levels of court in Ontario and has experience litigating large-scale contractual disputes, multi-jurisdictional and cross-border cases, class actions, and international arbitrations as well as disputes related to oppression and corporate governance, directors’ and officers’ liability, public and administrative law, and professional negligence. Mitch has also successfully represented clients in their efforts to obtain and resist injunctive relief.

Mitch is a member of the Turnaround Management Association and is recognized by Best Lawyers Ones To Watch and by IFLR1000 as a Rising Star in the practice area of Restructuring and Insolvency.

Achievements

  • Recognized in Ontario as a Future Star, Benchmark Litigation Canada 2026
  • Recognized as Ones to Watch in Insolvency and Financial Restructuring Law in Toronto, The Best Lawyers in Canada 2025
  • Recognized nationwide as a Rising Star in Restructuring and Insolvency, IFLR 1000 2024 to 2025
  • Queen's Law Prize in Tax Policy, Queen’s University 2016
  • Queen's Law Prize in Advanced Contract Law, Queen’s University 2015
  • Fasken Martineau DuMoulin LLP Prize in Torts, Queen’s University 2014
  • Dean's Silver Scholar Award, Queen’s University 2014

Experience

  • Joe Mimran's Unity Acquisitions Inc. acquires the Mastermind Toys Business subsequent to a CCAA proceeding, [Deal - Unity Acquisitions Inc.], Purchase by Canadian retail pioneer Joe Mimran and partners of Canadian toy retailers Mastermind Toys
  • 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.
  • National Bank of Canada and Macquarie Bank Limited co-lead international lending syndicate in the provision of aggregate C$425 million credit facilities for BW Gold Ltd., [Deal - A syndicate of lenders led by National Bank of Canada and Macquarie Bank Limited], Financing to partially fund the construction, development, commissioning and other costs associated with the operation of a mine at the Blackwater Gold Project in British Columbia, Canada
  • Grosvenor Park Media Fund LP v. Arc Productions Ltd. et al, [Case - Confidential], Counsel to two former directors of a now bankrupt production studio, Arc Productions Ltd., in a negligent misrepresentation claim for US$32 million (less any recovered security amounts).
  • Representing Allergan in class actions and mass tort individual lawsuits relating to breast implants, [Case - Allergan]
  • Fasken successfully appeals the first ever non-party costs award against Legal Aid Ontario, [Deal - Legal Aid Ontario], On June 27, 2019, the Ontario Court of Appeal overturned the first ever non-party costs award against Legal Aid Ontario (“LAO”). In the Family Court decision below, the application judge awarded costs against LAO on the basis of abuse of process, holding that LAO failed to adequately monitor and ...

Career & Education

Education

  • JD Queen's University
  • BSc, Physiology McGill University

Community involvement

  • Pro Bono Law Ontario Duty Counsel Project

Memberships & Affiliations

  • Member, Turnaround Management Association
  • Member, The Advocates’ Society
  • Member, The Canadian Bar Association
  • Member, The Ontario Bar Association

Knowledge

  • Fasken 2023 Insolvency Insights, 1/31/2024

Publications

  • Fraud Unravels Everything: A Limited Justification for Piercing the Corporate Veil, 1/1/2019
Book, Co-Author Fraud Unravels Everything: A Limited Justification for Piercing the Corporate Veil Todd L. Archibald, ed., Annual Review of Civil Litigation (Toronto: Thomson Reuters, 2019) 555