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.
- Alberta Orphan Well Association in relation to its challenge to the rights of trustees and receivers to abandon environmental liabilities. This is a significant case dealing with who has to pay for hundreds of millions of dollars of end-of-life liabilities – either industry through the Orphan Well Association or secured creditors.
- Northern Transportation Company Limited, Canada's oldest arctic marine shipping company in relations to its Companies' Creditors Arrangement Act (CCAA) proceedings.
- OmniArch Capital Corporation, an investment firm that raised significant funds for the purposes of reinvesting in residential mortgage-back securities in relation to its CCAA proceedings.
2017, Legal Media Group Benchmark Litigation: Canada
Recognized as a litigation star in the areas of general commercial and insolvency
2017, The Canadian Legal Lexpert Directory
Repeatedly recommended, Insolvency & Financial Restructuring - Insolvency Litigation
2016, The Legal 500 Canada
Recommended, Dispute Resolution
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