Rebecca L. Kennedy
Rebecca L. Kennedy
(416) 304-0603
(416) 304-1313
100 Wellington St W, Suite 3200, PO Box 329, Toronto-Dominion Ctr, Toronto, ON
Year called to bar: 2009 (AB); 2011 (ON)
Rebecca practises in the area of insolvency and restructuring. She has experience in receiverships, security enforcement, debt collection, creditors’ rights, debtor protection, corporate restructuring, and forbearance agreements and has represented lenders, debtors, receivers, trustees, inspectors, court appointed monitors, and DIP financiers in regional, national, and cross-border insolvencies. Rebecca’s recent representative work includes acting as counsel to: (i) AgMedica Bioscience Inc. and its subsidiaries through their cross-border restructuring under the CCAA; (ii) JTI-Macdonald Corp. through its restructuring under the CCAA; and (iii) to various lenders and private equity–funded lenders with respect to the recovery of funds through enforcement of security, as well as maintaining facilities through restructuring proceedings.
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Nortel Networks Corporation (Nortel Canada) is the Canadian parent company of what was one of the largest telecommunications businesses in the world. In early 2009, formal insolvency proceedings were commenced in Canada, the United States and England, among other places. Nortel’s worldwide business was liquidated through a number of Court-approved sales of its business units and a US$4.5-billion sale of its residual patents, resulting in US$7.3 billion of global sale proceeds to be allocated amongst the Nortel debtor companies in Canada, the United States and Europe.