Skip to main content
This website uses cookies. By continuing to use this website you are agreeing to our use of cookies as described in our privacy policy.
Practices

Insolvency & Restructuring

Fasken

Financial crises involve many stakeholders and moving parts. You need a legal team that knows the landscape and can guide you through as effectively as possible.

 

Whether we’re helping clients restructure debt or operations, sell assets or address future risks, we keep the lines of communication open and bring creativity to problem solving.

 

Our lawyers have been involved in all types of restructuring and insolvency proceedings in Canada and have extensive experience in cross-border restructurings, including under Chapter 11 and Chapter 15 of the United States Bankruptcy Code. We have comparable expertise throughout the U.K and Africa.

 

Our clients we work with include debtors, lenders and accounting and advisory firms acting as court-appointed monitors, receivers and information officers in insolvency proceedings. We also regularly advise purchasers, investors, DIP lenders and others in transactions with insolvent debtors. 

 

Appropriate solutions could range from informal workouts and restructurings to more formal proceedings under the Companies Creditors Arrangement Act, Canada Business Corporations Act, Bankruptcy and Insolvency Act or Winding Up and Restructuring Act.

 

As proceedings advance, it’s important to consider all angles. We collaborate with colleagues in tax, banking, labour and employment, pensions, mergers and acquisitions and securities to address future and future risk.  We have deep contacts in the industry, which we draw upon regularly to benefit our clients.

 

We are one of the largest groups in Canada focusing exclusively on insolvency and restructuring, with highly ranked practitioners sitting in all of Canada’s major centres. Our lawyers occupy leadership positions in the Insolvency Institute of Canada, the Turnaround Management Association, the International Women’s Insolvency & Restructuring Confederation and other professional organizations.

 

Read about our client experience and review the expertise we’ve shared in our publications and presentations. If you like what you see, contact any of our lawyers to talk about how we might help.

Date

    Subscribe

    Receive email updates from our team

    Subscribe