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Restructuring & Insolvency

Restructuring & Insolvency
Restructuring & Insolvency
Expertise / Practices / Restructuring & Insolvency

Widely acknowledged for its impressive track record assisting clients from the financial services, mining and natural resources sectors with large CCAA and cross-border Chapter 11 proceedings. The firm is well placed to advise lenders, receivers and troubled businesses, and fields additional expertise in litigation, which includes experience before the Supreme Court of Canada.

Chambers Canada: Canada’s Leading Lawyers for Business 2022

The Blakes Restructuring & Insolvency group is recognized as one of Canada’s leading domestic and cross-border restructuring practices. We combine our unmatched experience and depth to meet the immediate and critical needs of our clients with expert practitioners in each of Canada’s four main business centres. Collaborating with our colleagues in Financial Services, Capital Markets, Competition, Antitrust & Foreign Investment, Employment & Labour, Commercial Real Estate, Tax, Environmental and Intellectual Property, as needed for each engagement, our Restructuring & Insolvency lawyers provide top-quality coordinated service and effective solutions to the unique and complex challenges our clients face wherever the parties are located or the insolvency proceedings are commenced.

We represent all parties impacted by insolvencies and restructurings, including Canadian and U.S. banks and financial institutions, corporate debtors in domestic and cross-border insolvency proceedings, restructuring financial advisory firms that act as court officers, debtor-in-possession (DIP) lenders, and investors in distressed M&A opportunities.
Our insolvency lawyers engage in a broad variety of insolvency litigation and assist clients in a wide range of industries through workouts and restructurings including under:

  • The Companies’ Creditors Arrangement Act (CCAA)
  • The Bankruptcy and Insolvency Act (BIA)
  • Cross-border recognition proceedings, including in the U.S. and U.K.
  • The Canada Business Corporations Act (CBCA)

Our team has deep expertise particularly in distressed mining, distressed oil and gas, distressed real estate and construction, and distressed retail situations.
Some of our most significant recent retainers on the public record are described here:

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Awards & Recognition

Our members are consistently recognized by clients and peers as leaders in restructuring and insolvency law in the most recent editions of the following leading publications:

  •  Chambers Global: The World's Leading Lawyers for Business

  •  The Canadian Legal Lexpert Directory

  •  The Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada

  •  The Lexpert Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada

  •  The Lexpert Guide to the Leading US/Canada Cross-Border Litigation Lawyers in Canada

  •  The Legal 500 Canada

  •  Global Restructuring Review: GRR 100

  •  Benchmark Canada: The Definitive Guide to Canada's Leading Litigation Firms and Attorneys

  •  IFLR1000: The Guide to the World's Leading Financial Law Firms

  •  Who's Who Legal

  •  Who's Who Legal: Insolvency & Restructuring

  •  Who’s Who Legal: Canada

  •  Legal Media Group's Guide to the World's Leading Lawyers in Banking, Finance and Transactional Law (Insolvency and Restructuring)

  •  Legal Media Group’s Guide to the World’s Leading Women in Business Law

  • The Best Lawyers in Canada