Matilda Lici

Associate Admitted to the Ontario Bar: 2020

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  • Bio
  • Professional Involvement
  • Representative Matters
  • Selected Speaking Engagements
  • Selected Publications
  • Insights
  • Education

Matilda is a natural problem solver who is dedicated to fully understanding and protecting her clients’ interests. Recognizing the value that expertise generates for clients, Matilda brings technical and strategic acumen to every challenge and opportunity created by an insolvency.

Matilda is a member of the firm’s Financial Services and Litigation Groups. Her insolvency law practice focuses on corporate-commercial litigation, primarily under the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act. She acts on behalf of banks, asset-based lenders, creditors and various court-appointed officers.

Professional Involvement


  • Turnaround Management Association 
  • Canadian Bar Association 
  • Ontario Bar Association 
  • Toronto Lawyers’ Association 
  • The Advocates’ Society

Community Involvement

  • Newsletter Editor, Central Region, Young Lawyers Division, Ontario Bar Association
  • Newsletter Editor, Women Lawyers Forum, Ontario Bar Association


Representative Matters

Counsel to Tandia Financial Credit Union Limited in connection with the receivership application of a group of gas and retail companies. 

Representing Alvarez & Marsal Canada Inc. in its capacity as the court-appointed monitor in the Inscape Group CCAA proceedings.

Selected Speaking Engagements

Co-Chair, "OBA Insolvency Law / Young Lawyers Division Program," Ontario Bar Association, January 25, 2023.

Selected Publications

Co-Author, "Recent Changes to Proceedings Before the Capital Markets Tribunal," Aird & Berlis Litigation Bulletin, April 11, 2024.

Author, "Challenging a Trustee’s Fees on the Basis of Privacy Breaches?" Insolvency Insider, September 27, 2023.

Co-Author, "Recent Changes to Civil and Commercial List Appearances in the Toronto Region," Aird & Berlis LLP, September 18, 2023.

Co-Author, "Asserting Limitation Period Defences in the Bankruptcy Context," Aird & Berlis LLP, September 12, 2023.

Co-Author, "Looking a Stalking Horse in the Mouth: Sale Process Approval Criteria Across Canadian Jurisdictions," Aird & Berlis LLP, April 18, 2023. 

Author, "From the Courts," Insolvency Insider, Ongoing. 

Author, "Sharing the Burden: The Limits of Relief from Forfeiture of Commercial Leases," Rebuilding Success, The Canadian Association of Insolvency and Restructuring Professionals, Spring/Summer 2023.

Author, "It’s All Derivative: Will Ontario Courts Recognize and Enforce Ricochet Judgments?" Toronto Law Journal, January 2023.

Co-Author, "Trust in Me: The Pitfalls of Paying Purchase Funds Directly to Developers," Condovoice Magazine, Canadian Condominium Institute, Fall 2022.

Author, “‘One for All’: When Will Courts Appoint Representative Counsel?,” Ontario Bar Association Insolvency Law Section, September 22, 2022.

Author, “‘Got a Secret, Can You Keep It?’ Developments in the Tort of Public Disclosure of Private Facts,” Young Lawyers Division Section Newsletter, Ontario Bar Association, May 2022.

Co-Author, “Rules of Civil Procedure Chapters, General Matters, Rule 2 - Non-compliance with the Rules,” Civil Procedure and Practice in Ontario, Canadian Legal Information Institute, February 2022.

Co-Author, “Courts of Justice Act Chapters, 12. Judges and Officers, Sections 80 – 94,” Civil Procedure and Practice in Ontario, Canadian Legal Information Institute, February 2022.

Co-Author, “Moving the Needle on COVID-19 Paediatric Vaccines: An Examination of Recent Legal Trends,” Young Lawyers Division Section Newsletter, Ontario Bar Association, January 2022.

Author, “Licence to Offend: A Case Comment on Grabher v. Nova Scotia (Registrar of Motor Vehicles),” Young Lawyers Division Section Newsletter, Ontario Bar Association, July 2021.

Co-Author, “(No) Second Chances: When Can You Examine Additional Corporate Representatives?,” Civil Litigation Section Newsletter, Ontario Bar Association, November 2020.

Co-Author, “Lawyering During Lockdown: Seven Tips to Manage (And Enjoy!) Your Legal Practice During This New Normal,” The Woman Advocate, American Bar Association, May 2020.


  • JD, Queen’s University, 2019
  • BA (Hons.), University of Toronto, 2015