Robert I. Thornton
Robert I. Thornton
Founding Partner at Thornton Grout Finnigan LLP
(416) 304-0560
(416) 304-1313
100 Wellington St W, Suite 3200, PO Box 329, Toronto-Dominion Ctr, Toronto, ON
Year called to bar: 1984 (ON)
Robert is a widely-recognized and highly-sought-after lawyer, noted as one of the foremost insolvency practitioners in Canada. Bob is a founding partner of Thornton Grout Finnigan and works on some of the firm’s most high-priority and complex insolvency matters. His breadth and depth of experience is unparalleled in the industry, and has resulted in Bob enjoying a well-earned reputation as a pillar in the legal profession. Known for his creativity, energy and collaborative approach, Bob is frequently noted for his articulate client service and legal advice. He brings an intelligent, well-rounded and affable presence to each mandate, ensuring clients are supported throughout what are often the country’s largest and most pressing legal situations. A natural leader and mentor, Bob is active within the insolvency law industry and is committed to the development of the practice of law. Bob is the only lawyer in full-time practice to hold fellowships with both the Insolvency Institute of Canada and the American College of Bankruptcy. Bob is the Past President of the Insolvency Institute of Canada, and he invests his time in mentoring the next generation of insolvency leaders, both within TGF as part of its student and associate development programs and more broadly in the industry.
Robert I. Thornton is a featured Leading Lawyer in:
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Ontario’s leading insolvency and financial restructuring lawyers in 2021
Lexpert puts the spotlight on Ontario’s leading insolvency and financial restructuring lawyers
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.
In the culmination of a complex cross-border bankruptcy sales and auction process, on February 28, 2017, Performance Sports Group Ltd. (PSG) announced the completion of the sale of substantially all of its assets to an investor group led by Sagard Holdings Inc. (Sagard) and Fairfax Financial Holdings Limited (Fairfax) for US$575 million, subject to certain adjustments, and the assumption of related operating liabilities.