100 Wellington St W, Suite 3200, PO Box 329, Toronto-Dominion Ctr, Toronto, ON
Year called to bar: 1999
Partner practising exclusively in the area of restructuring and insolvency. Recognized as a leading practitioner in scenarios including workouts, refinancings, receiverships, bankruptcies and the enforcement of creditors' rights generally. Regularly represents chartered banks and other financial institutions across a broad spectrum of industries, as well as troubled debtors and court-appointed officers such as trustees in bankruptcy, receivers and monitors in CCAA proceedings. Recent significant mandates include acting as lead counsel in the restructuring of the Carriage Ridge and Carriage Hills timeshare resorts, to the Board of Directors of Harte Gold Corp., the Unsecured Creditors Committee in the cross border restructuring of Bumblebee and Cloverleaf, BDC in the CCAA proceedings of North American Fur, JTI-Macdonald Corp. during its restructuring under the CCAA, BDC Capital in the Québec CCAA proceeding of BioAmber, counsel to Whirlpool Canada in the CCAA restructuring of Sears Canada and counsel to Alberta gas producer, Endurance Energy Ltd. in its CCAA proceeding.
On June 30, 2017, Stelco Inc. (Stelco), formerly U.S. Steel Canada Inc., emerged from Companies’ Creditors Arrangements Act (CCAA) proceedings through the implementation of a CCAA plan. This involved the compromise of more than $2 billion of debt and the restructuring of approximately $2 billion of pension and benefit obligations.
On July 2, 2015, Data & Audio-Visual Enterprises Wireless Inc., operating as “Mobilicity”, was acquired by an affiliate of Rogers Communications Inc. in a transaction valued at $465 million. Mobilicity, a Canadian wireless telecommunications carrier, commenced creditor protection proceedings under the Companies’ Creditors Arrangement Act in September 2013. The transaction offered significant value to Mobilicity’s creditors and allowed Mobilicity to emerge from creditor protection as a going concern. The transaction ensures certainty of service for Mobilicity customers on the Rogers network and also results in Rogers gaining significant spectrum capacity in new markets which provides faster speeds and better quality for all Rogers customers. The transaction was subject to government and court approvals and was completed on July 2, 2015.