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James Reid

James Reid
James Reid Associate | Calgary
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Some of the cases on the public record in which James has been involved include representing:

  • Jupiter Resources Inc. in its successful Canada Business Corporations Act reorganization proceedings (oil and gas services)

  • The debtors, as Canadian counsel, in the multi-jurisdictional (sauvegarde/Chapter11/CCAA) restructuring proceedings of the CGG Group (oil and gas services)

  • The debtors in the Companies' Creditors Arrangement Act (CCAA) proceedings of Lightstream Resources Ltd. in a complex corporate reorganization that ultimately received court approval of a transaction for a total estimated purchase price of C$1.39-billion

  • The lending syndicate, as Canadian counsel, in the cross-border CCAA/Chapter 15 restructuring proceedings of the Sanjel Group, a large private and family-owned oil-field services group of companies, with assets in Canada, the U.S. and the Middle East

  • The agent of a lending syndicate, as Canadian counsel, in the cross-border CCAA/Chapter 11 proceedings of the Quicksilver Resources Canada entities

  • The senior secured lender in the receivership of COGI Limited Partnership

  • The court-appointed receivers of RDE Venture Inc., Questfire Energy Corp., Ladacor AMS Ltd., Hyperion Exploration Corp., Ivanhoe Energy Inc., Palliser Oil & Gas Corp., Waldron Energy Corporation, Northern Frontier Group and Eagle Ranch Resources Ltd.

Professional Activities

James is vice-president and treasurer of the Insolvency Section of The Canadian Bar Association (Alberta South Chapter) and a member of the Turnaround Management Association, The Risk Management Association and the Law Society of Alberta.

Publications
Professional Appearances
  • Co-presenter: Joint Insolvency Network Guidelines
    Canadian Bar Association, Insolvency Law Conference, Banff, Alberta, November 7, 2019.
  • Presenter: Insolvency 101 for Credit Officers
    IECA 27th Annual Canadian Conference, Banff, Alberta, June 4, 2019.
  • Co-presenter: Treatment of Gross Overriding Royalties as True Interests in Land
    Canadian Bar Association, Insolvency Section, Calgary, Alberta, February 13, 2019.
  • Co-presenter: Deemed Trust Claims: Canada v Canada North Group Inc. and Canada v Callidus Capital Corporation
    Canadian Bar Association, Insolvency Section, Calgary, Alberta, October 10, 2018.
  • Co-presenter: Municipal Tax Priorities
    Canadian Bar Association, Insolvency Section, Calgary, Alberta, February 14, 2018.
Education
Admitted to the Alberta Bar - 2014
J.D. University of Calgary - 2013
B.A. Criminology (with Distinction), University of Alberta - 2009
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