INSOLVENCY AND RESTRUCTURING

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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
CCAA filings hold steady as economic pressures build
Lawyers watch tariffs and sector stress for signs of a coming rise in restructurings

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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Leanne M. Williams
Year called to bar: 1999
Toronto, Ontario
Evan Cobb
Year called to bar: 2008
Toronto, Ontario
Christian Lachance
Year called to bar: 2005
Montréal, Québec
Rachel Nicholson
Year called to bar: 2015
Toronto, Ontario
John J. Lennard
Year called to bar: 2011
Toronto, Ontario
Adam C. Maerov
Year called to bar: 2003
Calgary, Alberta

2026 LEADING LAW FIRMS IN INSOLVENCY AND RESTRUCTURING

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Borden Ladner Gervais LLP (BLG)
Aird & Berlis LLP
Thorsteinssons LLP
Nathanson, Schachter & Thompson LLP
LCM Attorneys Inc.
Gowling WLG