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When it comes to executing national, cross-border and multi-jurisdictional insolvencies and restructurings, there is no substitute for experience. Armed with the knowledge and insight gained from being intimately involved in complex restructurings, the professionals in Gowlings’ Corporate Restructuring Group have advised major stakeholders, acting as debtor counsel, as counsel to the Monitor, as counsel to significant creditor groups and as counsel to acquirers of distressed assets.


Our corporate restructuring practice is led by Derrick Tay, an acknowledged leader in the field. Named Best Lawyers’ Lawyer of the Year 2012 for insolvency and restructuring (Toronto), Derrick is known for his unsurpassed expertise on highly complex reorganizations. He is a Tier-1 ranked practitioner in Chambers; is listed in the Best of the Best Guide to the World’s Leading Lawyers; has been recognized as “the most highly nominated lawyer in Canada” in the International Who’s Who of Insolvency & Restructuring Lawyers; is listed under “most frequently recommended for insolvency and financial restructuring” in the Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada; and is cited as a leading practitioner in this area by all the other legal rating publications.

We are able to provide corporate restructuring advice across Canada, with experienced senior practitioners in our Toronto, Montréal, Ottawa, Calgary and Vancouver offices. Our resources are mobile and completely integrated, ensuring we always have the right people in the right place to service the needs of our clients in the best and most efficient way possible.


Gowlings professionals have played significant roles in many of the largest and most complex corporate restructurings in Canada in the last three decades, including: Nortel, CNOOC acquisition of OPTI Canada, Quebecor World, Air Canada, Abitibi Consolidated, the restructuring of the asset-backed commercial paper market in Canada, W.R. Grace, Dumoulin Group, Kitco Metals Inc., Norbourg Group, Babcock & Wilcox, MuscleTech, Unique Broadband Systems, Ravelston, Slater Steel, WellPoint, Jung Developments, Algoma, Skyservice, Laidlaw, North American Steamships, Cineplex Odeon, The Loewen Group, Canadian Airlines, Anvil Range Mining, PSINet, 360Networks, Agribiotech, Livent, GT Group Telecom, Cotton Ginny, Noble China, SAAN Stores, Teleglobe, Eatons, Confederation Life, Royal Oak Mines, SkyDome, Royal Trust, Scotia Plaza DPS, Trizec, Cadillac Fairview, Bramalea, and Olympia & York.

Go to the Distressed M&A page

Go to the Restructuring, Bankruptcy & Insolvency page


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