INSOLVENCY AND RESTRUCTURING

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As Canada diversifies trade, cross-border insolvency expertise matters more than ever
A Quebec ruling and shifting trade ties signal need for deeper understanding of where rules diverge
Angus A2A and the rise of third-party-led CCAA proceedings
Alberta ruling confirms equity holders can initiate proceedings in certain circumstances
Flexibility and uncertainty define insolvency and restructuring in Canada
RVOs, creditor-led CCAA and trade disruption are reshaping how lawyers work
CCAA restructuring evolves as new tools gain ground
Sales, creditor-led cases and RVOs are reshaping how companies restructure
How ongoing trade war uncertainty could lead to more financial distress
Insolvency experts say the fallout will not be restricted to insolvency filings

BIG DEALS

Court approved the founders’ bid over a lender group that pushed for liquidation
Cross-border CCAA and Chapter 15 case anchors a sale-driven cannabis restructuring
Restructuring covers a secured debt stack of roughly US$777 million
Restructuring covers roughly $2 billion in liabilities for the Halifax holding company

2026 LEADING LAWYERS IN INSOLVENCY AND RESTRUCTURING

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Michael A. Goldberg
Year called to bar: 2000
Toronto, Ontario
Christian B. Roy
Year called to bar: 1992
Québec City, Québec
Sanjeev Mitra
Year called to bar: 1996
Toronto, Ontario
Joseph Reynaud
Year called to bar: 2008
Montréal, Québec
Maria Konyukhova
Year called to bar: 2006
Toronto, Ontario
Miranda Spence
Year called to bar: 2011
Toronto, Ontario

2026 LEADING LAW FIRMS IN INSOLVENCY AND RESTRUCTURING

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Stikeman Elliott LLP
Cassels Brock & Blackwell LLP
Langlois Lawyers
McMillan LLP
Thorsteinssons LLP
FARRIS