Lexpert Ranked Lawyer Profile

Clifton P. Prophet

Gowling WLG

Cliff Prophet is a partner and leader of Gowling WLG’s Restructuring and Insolvency National Practice Group. Cliff practises restructuring and insolvency, with a focus on litigation. Cliff's experience includes significant retainers for Canadian financial institutions, creditors, monitors, receivers, trustees in bankruptcy and corporate debtors. He is a member of the Insolvency Institute of Canada and is ranked by Chambers Global, Best Lawyers, Legal 500 Canada and Lexpert®. Cliff represents clients before all levels of court and has been involved in some of the most significant insolvencies of recent years, including the CCAA proceedings involving the Canadian asset backed commercial paper market and the Sino-Forest and Essar Algoma insolvencies. In 2017, Cliff was successful in the Court of Appeal for Ontario on an appeal by Essar Global Fund Limited from a trial decision granting judgment to his client the Monitor in oppression proceedings involving the Port of Algoma. Cliff is qualified as a solicitor in England and Wales and spent two years practising in London, where he advised a range of clients in relation to substantial multi-jurisdictional M&A transactions.

Year Called to the Bar:1993 (ON)
100 King St W, Suite 1600, 1 First Cdn Pl
Toronto, ON
Phone: (416) 862-3509
Fax: (416) 863-3509
E-mail: clifton.prophet@gowlingwlg.com

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Mentioned in Lexpert Publications

  • Sep 27, 2017
    A look at an Ontario Superior Court decision in relation to Algoma’s bankruptcy proceedings, which addressed important issues concerning the role of a CCAA monitor, the scope of a derivative action, ...