Restructuring & Insolvency

Key Contacts

Lenz Ken Kenneth T. Lenz Q.C.
Partner, Co-Head of Litigation Department
T: 403.298.3317
Orzy S. High Resolution Image S. Richard Orzy
Partner, Co-Head of Restructuring and Insolvency
T: 416.777.5737
Simard Chris High Resolution Image Chris D. Simard
Partner, Co-Head of Restructuring and Insolvency
T: 403.298.4485
Zych Kevin High Resolution Image Kevin J. Zych
Partner, Co-Head of Restructuring and Insolvency
T: 416.777.5738

Bennett Jones LLP has one of the largest, most experienced and most active Restructuring & Insolvency practices in Canada. Our practice covers the entire range of insolvency and restructuring, regularly acting not only for creditors (both individually and through formal and informal committees) and debtors, but also “new money” investors in, and acquirors of, assets of insolvent entities and for Court officers such as CCAA monitors.

We are recognized (both nationally and internationally) as a pre-eminent Canadian law firm and as one of the leading Canadian restructuring practices with special expertise in cross-border restructurings. We are also known especially for our representation of foreign bondholders, foreign banks, insurance companies and other foreign lenders in Canadian restructurings. Our lawyers have also represented debtors in some of the largest and most complex restructurings in Canadian corporate history.

Our lawyers have played significant roles in most major Canadian restructurings and, in addition to being involved in restructuring proceedings in every province of Canada, have developed a particular expertise in cross-border matters, including restructurings across Europe, Central America, Australia, and, of course, the U.S. Our lawyers have also acted as Canadian counsel in many significant and high profile U.S.-based restructurings. We understand, and know how to navigate within, the bankruptcy/insolvency environment on both sides of the Canada-U.S. border.

We are known for, and take pride in, our ability to apply experience and common sense in a timely manner to pursue the interests of our clients. Our reputation is as lawyers who can be especially creative, proactive and assertive when the circumstances require and who also have a long track record of facilitating very significant consensual deals. Our practice is a completely integrated one, incorporating all of the resources of the firm and its pre-eminent litigation, securities law, corporate, tax, commercial law as well as mergers and acquisitions practices.

Select Experience

Recent Creditor Group/Committee/Trustee Representations

  • Tervita Corporation (environment) - Plan Sponsors.
  • Connacher Oil and Gas (energy) – First Lien Holders.
  • Target Canada (retail) – Largest landlord group.

Recent Recognitions

  • 2017, Chambers Canada

    Bennett Jones, ranked, Restructuring/Insolvency

    "The level of service that they provide is of a high quality. They think strategically and have been very effective in court."
    "They are a leading firm who have been excellent advocates for my company."
  • 2017, The Legal 500: Canada

    Bennett Jones, ranked, Restructuring and Insolvency

    "very good industry knowledge", "good response times", "practical advice", "excellent value for money"
  • 2016, Chambers Canada

    Bennett Jones, ranked, Restructuring/Insolvency

    "Excellent: they are out-of-the box thinkers, which is critical."
    "They are very proactive and very good in terms of dealing with the court matters. They understand the dynamics of the restructuring process and working with the stakeholders."

Recent Publications

News & Speaking Engagements

Blog Posts