skip to main content





The insolvency or restructuring of a business can create complex issues and competing agendas. With a broad range of experience, Aird & Berlis LLP’s Insolvency & Restructuring lawyers are able to recognize opportunities and negotiate solutions that maximize recoveries and minimize risk, time and expense.

Recognized as leaders in their field, our Insolvency & Restructuring lawyers draw on specialized experience and diverse expertise from other areas of the firm to develop effective strategies and successfully represent clients in both the boardroom and the courtroom. We are adept at navigating out-of-court restructurings, the purchase and sale of distressed businesses and assets, the structuring and implementation of debt workout arrangements for senior and subordinated lenders, borrowers and investors and assisting regulatory bodies with investigations and enforcement strategies.

We have extensive international experience and are able to leverage deep connections throughout Canada and the world to provide truly global advice. We have assisted with significant insolvency and restructuring mandates in the United States, the United Kingdom, Africa and the Caribbean.

As a valuable extension of their management teams, clients look to us for intelligent transactional advice, practical solutions and commitment to client satisfaction with a range of services, including:

  • Proceedings under the Companies' Creditors Arrangement Act (CCAA)
  • Proceedings under the Bankruptcy and Insolvency Act (BIA)
  • Reorganizations under the Canada Business Corporations Act (CBCA) and the Ontario Business Corporations Act (OBCA)
  • Receiverships
  • Secured lender representation – enforcement and recovery
  • Monitor, receiver and trustee representation
  • Liquidations
  • Creditors’ rights and remedies
  • Corporate and commercial workouts
  • Priority disputes
  • Governmental or quasi-governmental issues
  • Power of sale and mortgage remedies
  • Debtor-in-possession (DIP) financings
  • Loan portfolio and security review, assessment and analysis

With in-depth knowledge and experience in insolvency and restructuring law, a proven track record in litigation, and a commitment to client satisfaction, we are regularly retained to advise and assist:

  • Companies in financial distress
  • Financial institutions
  • Secured and unsecured creditors
  • Bondholders
  • Landlords
  • Court-appointed officers, including monitors, receivers and trustees
  • Financial advisors
  • Debtor-in-possession (DIP) lenders
  • Liquidators
  • Purchasers of distressed assets and businesses
  • Investors
  • Directors and officers
  • Shareholders
  • Employees
  • Municipalities and other governmental and quasi-governmental bodies

Representative Matters

Representative Matters Feb 16, 2017 A&B Advises on Award-Winning Management Buyout Deal
Representative Matters Oct 23, 2013 A&B Wins in Oppression Case
Representative Matters Dec 04, 2008 Financing of Acquisition of Q9 Networks Inc.
Representative Matters Nov 29, 2007 A&B Represents Music World
Representative Matters Jul 13, 2007 A&B Assists in Reoxygenation of Blood Products Company
Representative Matters Jan 25, 2007 A&B Acts in Acquisition
More Representative Matters

Recent Developments

Publications Newsletter Mar 10, 2017 Doing Business in Canada - March 2017
Publications Article Sep 11, 2015 2015 Annual Cross Country Check-Up (Ontario)
Publications Article Jun 15, 2015 Mid-Market Technical Update
Publications Newsletter May 02, 2013 Collateral Matters - May 2013
Publications Newsletter Jul 06, 2011 Financial Services Flash - July 6
Publications Newsletter May 26, 2011 Financial Services Flash - May 26
Publications Newsletter May 11, 2011 Financial Services Flash - May 11
Publications Newsletter Apr 12, 2011 Financial Services Flash - April 12
Publications Newsletter Mar 18, 2011 Financial Services Flash - March 16
Publications Newsletter Mar 02, 2011 Financial Services Flash - March 2

Blog Posts