Co-head of the firm's litigation department, Kenneth Lenz focuses his practice on insolvency and restructuring matters, including representing companies, receivers, monitors, acquirors, creditors and financial institutions in managing corporate reorganization and the realization of assets. Ken has in recent years acted in almost every significant restructuring in Alberta, and in many as counsel for the restructuring company under Companies Creditors Arrangement Act proceedings where the indebtedness and share structure are modified through a court ordered arrangement. This practice necessarily involves litigation concerning oil and gas industry agreements, lending arrangements, security enforcement and corporate governance matters.
In addition, Ken has significant experience in commercial litigation generally, particularly shareholder disputes, oppression actions, and claims for and against directors and officers. He regularly appears at all levels of the Alberta Courts and has appeared before the United States Bankruptcy Court, and before the Alberta, Ontario and British Columbia Securities Commissions.
He is a member of the Insolvency Institute of Canada, INSOL International and the Turnaround Management Association and a past chair of the Canadian Bar Association – Calgary, Insolvency Section. Ken is a frequent speaker on matters concerning insolvency and commercial litigation to industry associations and practicing lawyers.
- Approximately 850 investors in Edgeworth Mortgage Investment Corporation and related companies in connection with an action against its directors and officers.
- PricewaterhouseCoopers Inc., as Monitor of Poseidon Concepts Corp. in its cross-border Companies Creditors' Arrangement Act (”CCAA”) proceedings, including in its Court sanctioned role of taking proceedings against Poseidon's directors and auditors to recover additional funds for the estate.
- Rock Well Petroleum Inc. and its United States subsidiaries, in connection with its successful CCAA and United States Bankruptcy Code, Chapter 15 restructurings, which included appearance before the U.S. Court and successfully concluding a restructuring with a significant European shareholder group.
2016, Who's Who Legal Restructuring Insolvency
Recognized as a leading lawyer in the area of restructuring and insolvency
2016, Lexpert/Report on Business Special Edition - Canada's Leading Energy Lawyers
Recognized as a leading energy lawyer in Canada
2016, The Legal 500 Canada
Recommended, Dispute Resolution
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