CAUTION: We have been advised that fraudulent emails with a modified domain name have been sent by a source purporting to be from Aird & Berlis LLP. These communications are not legitimate and are not from Aird & Berlis LLP. Disregard any such emails and do not engage with the sender or the email in any way. Please report the attempted fraud by contacting the Canadian Anti-Fraud Centre and by emailing Aird & Berlis LLP at help@airdberlis.com.

Back to all Representative Matters
Feb 8, 2013

A&B Acts for Extreme Fitness

Aird & Berlis LLP acted in connection with the recent restructuring and sale of Extreme Fitness. A&B had been acting for the majority equity stakeholders of Extreme Fitness for many years. Due to financial statement presentation matters, which materially incorrectly presented the financial health of the business, the viability and value of the business became untenable. A restructuring attempt including senior secured lenders, the secured subordinate lenders and the equity stakeholders was not successful. The business was ultimately sold to GoodLife Fitness Centres in the context of proceedings commenced by Extreme Fitness under the Companies’ Creditors Arrangement Act.

The A&B team was led by Martin Kovnats (Capital Markets/Corporate Finance) and included Louis Amato-Gauci (Corporate), Ian Aversa and Steven Graff (Financial Services) and Barbra Miller (Employment).

Related Representative Matters

Representative Matters
First Gulf and STACK INFRASTRUCTURE Partner on New Data Centre in Toronto Leonard Baranek, Sean Mason and Barbara Worndl May 06, 2021 First Gulf, a leader in Canadian development and construction, has partnered with STACK INFRASTRU... First Gulf, a leader in Canadian development and construction, has partnered with STACK INFRASTRUCTURE, a U.S. digital infrastructure company, to develop a 56 MW data centre campus on a 19-acre site located at 3650 Danforth Avenue in Toronto, Ontario. The development site, which will...
Representative Matters
The Largest Cannabis SPAC in History Launches The Parent Company with Shawn “Jay-Z” Carter, Roc Nation, Caliva and Left Coast Ventures Jack Bernstein, Francesco Gucciardo, Richard M. Kimel and Russell J. Sanders Jan 15, 2021 Aird & Berlis, in conjunction with U.S. law firms Reed Smith LLP and Cummings & Lockwood LLC, act... Aird & Berlis, in conjunction with U.S. law firms Reed Smith LLP and Cummings & Lockwood LLC, acted as legal counsel to Shawn “Jay-Z” Carter and his affiliate entities in connection with the launch of The Parent Company.
Representative Matters
Drake Launches Cannabis Wellness Company with Canopy Growth Jack Bernstein, Francesco Gucciardo, Andrew Nicholls, Martin Kovnats, Liam Tracey-Raymont and Faruk Gafic Nov 07, 2019 Aubrey Drake Graham, in agreements with Toronto-based Canopy Growth Corporation, launched More Life Growth Company™.