Mark Laugesen has extensive experience in commercial restructuring and insolvency matters and is regularly retained to act for restructuring debtor companies, secured and unsecured creditors, bankruptcy trustees, private and court-appointed receivers, CCAA monitors, proposal trustees, and others in both domestic and cross-border matters. In addition to his restructuring and security enforcement work, Mark's practice also includes informal work-outs among creditor and debtor groups, asset acquisitions from companies in financial distress or active insolvency proceedings, landlord and tenant matters in insolvencies, asset protection, fraudulent preference and conveyance matters, director and officer liability matters in insolvencies, and the negotiation and resolution of all manner of restructuring and insolvency disputes. He regularly appears before Ontario courts in restructuring, security enforcement, and related proceedings.
Mark represents a wide range of clients exposed to commercial insolvency matters, including institutional secured creditors (e.g. major Canadian and U.S. banks), court officers, public and private corporations, landlords, and unsecured creditors.
In addition to his practice, Mark writes on numerous bankruptcy and restructuring topics and has led seminars and panel discussions on issues including recovery strategies for secured and unsecured creditors, lender liability, landlord remedies in insolvency, forbearance strategies, alternatives to DIP financing, and insolvency reform.
Mark is a member of INSOL International (the International Association of Restructuring, Insolvency & Bankruptcy Professionals), the Turnaround Management Association, the Canadian Insolvency Foundation, the Canadian Bar Association and the Ontario Bar Association (Insolvency Law Section).
- Victorian Order of Nurses – counsel to court-appointed monitor in CCAA restructuring of Canada's largest, national, not-for-profit, charitable home and community care organization.
- Chieftain Metals – counsel to court-appointed receiver of public mining company with mines in northern British Columbia.
- FirstOnSite Restoration – counsel to first lien creditor, DIP lender, and take-out lender in CCAA restructuring and asset sale of large Canadian disaster restoration company.
Mark S. Laugesen, received a BV Distinguished Peer Rating Review
News & Speaking Engagements