100 Wellington St W, Suite 3200, PO Box 329, Toronto-Dominion Ctr, Toronto, ON
Year called to bar: 1999
Leanne Williams practises exclusively in the area of restructuring and insolvency, including workouts, refinancing, receiverships, bankruptcies, and the enforcement of creditors' rights generally. Leanne regularly represents chartered banks and financial institutions across a broad spectrum of industries. She also represents court-appointed officers such as trustees in bankruptcy, receivers, and CCAA monitors. Her recent significant mandates include acting as counsel for JTI Macdonald in its restructuring under the CCAA, BDC in the CCAA filings of NAFA and BioAmber, Whirlpool Canada in the CCAA filing of Sears Canada, and Endurance Energy Ltd. in its CCAA proceedings. Leanne is a member of the Insolvency Institute of Canada, a member of the Board of Directors of the Toronto Chapter of the Turnaround Management Association, and a member of the international Board of Directors of International Women’s Insolvency & Restructuring Confederation. She regularly speaks on insolvency-related topics at conferences and continuing professional development programs. Leanne was called to the Bar of Ontario in 1999.
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.