Insolvency & Restructuring

Financial difficulties can have a domino effect on a business and its stakeholders. Whether the solution is a reorganization, a restructuring, or a sale of assets, and whether our client is a creditor or debtor, Torkin Manes’ Insolvency & Restructuring Group works efficiently and cost-effectively to bring about the best resolution in the circumstances.

We act for national and international banks and other financial institutions, asset-based lenders, mezzanine funds, subordinated lenders, project finance lenders, and private lenders. Our clients also include borrowers and other participants in the financial services market in most sectors of the economy, including real estate development, technology, pulp and paper, mining, manufacturing, pharmaceutical, distribution, entertainment, construction, importing, and exporting.

Our Insolvency & Restructuring Group provides corporate recovery advice to all categories of stakeholders, in every type of restructuring undertaken in Canada. Because we have experience representing all sides of a workout, we can anticipate how other participants in the action will respond. We provide assistance to banks and other lenders, debtors, creditors, court-appointed monitors, receivers, liquidators, trustees in bankruptcy and any other client with an interest in a restructuring. As part of a full-service firm, we can call upon the expertise of our colleagues in Mergers and Acquisitions, Real Estate, Tax, Employment and other practice areas that may be needed in completing a restructuring transaction.

We focus on finding creative, practical solutions for clients facing the complex issues that inevitably arise during the course of private or court-protected restructuring proceedings. We pride ourselves on our ability to explain complex technical issues clearly, turn around documents quickly and cost-effectively, and advocate vigorously on our clients’ behalf. 

Some of our many services include:

  • Acting for trustees, receivers and monitors
  • Corporate recovery
  • Creditors’ remedies
  • Insolvency litigation
  • Investigative litigation
  • Non-insolvency receiverships, including oppression remedies
  • Reorganization and restructuring
  • Security realization
  • Statutory arrangements
Date Title Related Lawyers Type

November 2016

The Supreme Court of Canada Rules on When Lenders May Share Personal Information Without Violating Federal Privacy Legislation

Torkin Manes LegalPoint

Jeffrey J. Simpson

Article

July 2015

Does a Discharge of a Receiver Mean Liability of the Receiver is at an End?

Torkin Manes LegalPoint

Barry A. Cohen, QC

Newsletter

June 2015

When Must a Plaintiff Sue for Corporate Oppression?

Torkin Manes LegalWatch, Summer 2015

Marco P. Falco

LegalWatch

June 2015

Can the Director of a Corporation Be Held Personally Liable for Unpaid Wages and Termination Pay?

Torkin Manes LegalWatch, Summer 2015

Marco P. Falco

LegalWatch

March 2015

Do Experts Always Have to Produce a Report to Give an Opinion at Trial?

Torkin Manes LegalWatch - Spring 2015

Marco P. Falco

LegalWatch

February 2015

Talk to an Expert: The Preparation and Use of Expert Reports in Litigation

Torkin Manes LegalWatch - Winter 2015

Marco P. Falco

LegalWatch

January 2015

Everything You Ever Wanted to Know about the PPSA (But Were Afraid to Ask)

It's as Easy as 1, 2 , 3 (Understanding Security, PPSA, Credit Adjudication Without Financials), Credit Institute of Canada, Toronto Chapter

Jeffrey Alpert

Presentation

January 2015

Enforcement of PPSA Security: Pro Tips and Pitfalls

It's as Easy as 1, 2 , 3 (Understanding Security, PPSA, Credit Adjudication Without Financials), Credit Institute of Canada, Toronto Chapter

Jeffrey J. Simpson

Presentation

January 2015

The Dismissal of Civil Actions at Status Hearings

Torkin Manes LegalWatch - Winter 2015

Marco P. Falco

LegalWatch

November 2014

Construction Industry Insolvencies and the Impact of RBC v. Atlas

Program Co-Chair, Ontario Bar Association Professional Development Seminar

Sandra D. Astolfo

Presentation

More Publications

S. Fay Sulley

Practice Group Lead

Tel: 416 777 5419  Fax: 1 888 587 5769
Email: fsulley@torkinmanes.com

Barry A. Cohen, QC

Tel: 416 777 5434  Fax: 1 888 812 2564
Email: bcohen@torkinmanes.com

Sandra L. Secord

Tel: 416 777 5364  Fax: 1 888 587 5764
Email: ssecord@torkinmanes.com

Jeffrey J. Simpson

Tel: 416 777 5413  Fax: 1 888 587 9143
Email: jsimpson@torkinmanes.com

Stewart Thom

Tel: 416 777 5197  Fax: 1 877 689 3872
Email: sthom@torkinmanes.com

Practice Group Lead(s)

S. Fay Sulley 416 777 5419 fsulley@torkinmanes.com

Practice Group Lawyers

Barry A. Cohen, QC 416 777 5434 bcohen@torkinmanes.com
Sandra L. Secord 416 777 5364 ssecord@torkinmanes.com
Jeffrey J. Simpson 416 777 5413 jsimpson@torkinmanes.com
Stewart Thom 416 777 5197 sthom@torkinmanes.com

Practice Group Clerks

Shalan Jankowski 416 777 5405 sjankowski@torkinmanes.com
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