Lax O'Sullivan Lisus Gottlieb LLP is a go-to firm for restructuring and insolvency litigation expertise. The firm boasts strong courtroom experience and knowledge on a wide array of industries such as commercial, real estate, telecoms, finance and energy. Practice head Matthew Gottlieb is known for his prowess in insolvency litigation proceedings, representing clients in complex CCAA proceedings and cross-border insolvency mandates. He resides in Toronto, and works alongside Andrew Winton, who specializes in insolvency law and shareholder disputes.

Lenczner Slaght are litigation specialists who are well-versed in handling commercial reorganizations for small, medium and large businesses. The firm has experience representing clients in all levels of courts up to Supreme Court level and acts for creditors, debtors and court-appointed officers. Monique Jilesen co-leads the team from Toronto and is a leading litigator who has vast experience counselling creditors and receivers in multi-party restructuring and insolvency proceedings. Co-head of the Toronto team, Matthew Lerner is an expert in commercial litigation and is adept at handling shareholder or partnership disputes alongside insolvency proceedings.

Bennett Jones LLP often acts for the major or one of the major creditor groups, the debtor, the monitor or other court officers in complex restructurings and insolvencies in Canada. The firm is noted for its expertise advising non-bank lenders, international parties and court officers in transactions and litigation. The firm excels at cross-border restructurings involving jurisdictions such as Europe, the US, Australia and Central America. Practice head Sean Zweig mainly represents stakeholders in domestic and cross-border restructurings, leading on CCAA and CBCA proceedings. He sits in Toronto alongside Mike Shakra who is adept at handling recapitalizations and secured transactions as well as Preet Gill who is an expert in both litigation and transactional issues including CCAA restructurings. Kelsey Meyer is a standout restructuring and insolvency specialist in Calgary, who focuses on commercial disputes. Kevin Zych retired in 2025.

Blake, Cassels & Graydon LLP fields a strong restructuring and insolvency team which is focused on acting for stakeholders such as debtors and court offices, as well as lenders. It stands out for its expertise handling complex Companies’ Creditors Arrangement Act (CCAA) proceedings in Canada. The team is jointly led by Kelly Bourassa, who leads from Calgary and Linc Rogers, who spearheads the Toronto practice. Bourassa is an expert in advising public companies, financial institutions and stakeholders in insolvency proceedings, while Rogers often handles cross-border issues including multi-jurisdictional insolvencies and distressed matters. In Toronto, Pamela Huff is noted for her wealth of experience in insolvency litigation, Chris Burr utilizes his corporate expertise to advise on distressed M&A and debt enforcement and associate Caitlin McIntyre handles a mix of insolvency litigation and financial restructurings. Gabriel Lavery Lepage joined the firm in May 2025 following his departure from Davies Ward Phillips & Vineberg LLP and sits in the Montréal team, advising on restructuring proceedings. Peter Rubin is the go-to lawyer in Vancouver, focused on insolvency.

Goodmans LLP is the go-to firm in Canada in for restructuring and insolvency matters. The firm has longstanding history advising clients on complex transactions and litigation as well as providing restructuring and liability management advice. The team has broad expertise across strategic planning advice on CCAA, Canada Business Corporations Act (CBCA) and other restructuring, recapitalization and financing matters. The firm is based out of Toronto and assists domestic and international stakeholders on insolvency and restructuring cases across Canada. The team is led by Joseph Pasquariello who is an expert in commercial insolvency, restructuring and bankruptcy, often acting as bankruptcy and insolvency litigation counsel for clients. Co-head Brendan O’Neill centres his practice on CCAA and CBCA corporate restructurings, cross-border restructurings and transactions. Robert Chadwick is an industry heavyweight, excelling in corporate financing and restructurings. Chris Armstrong is noted for his work on distressed M&A and financial restructurings, Caroline Descours is the go-to for corporate restructurings and recapitalization transactions and Andrew Harmes represents debtors, secured and unsecured lenders, bondholders and other key clients in restructurings and financings.

Cassels excels in handling restructuring and insolvency matters in Toronto, Vancouver and Calgary. The team is comprised of lawyers with experience internationally and in the US, enabling the firm to assist clients on cross-border and multijurisdictional transactions and issues involving the US, UK and other overseas jurisdictions. The team acts of debtors, lenders and court officers in a wide array of industries on international and domestic restructurings and liquidations. The practice is spearheaded by Toronto-based Natalie Levine and Vancouver-based Vicki Tickle. Levine leverages her experience as a practitioner in the US to advise US clients on Canadian insolvency issues and proceedings, while Tickle advises Canadian and international clients on CCAA proceedings and restructurings. In Toronto, Ryan Jacobs is a bankruptcy expert focused on in-court and out-of-court reorganizations and Shayne Kukulowicz focuses on cross-border restructurings and liquidations. Jane Dietrich left the firm in 2025.

McCarthy Tétrault centres its restructuring and insolvency practice on representing debtors and financial institutions as well as capital providers in CCAA proceedings and insolvencies. The team regularly advises on both sides of Canada-US restructuring and insolvency matters, as well as handling international mandates involving both the US and Europe. The practice is led out of Toronto by James Gage, who advises debtors, creditors, investors and court officers in domestic and cross-border work-outs, restructuring and insolvency proceedings. Heather Meredith is a part of the Toronto team and is a corporate restructuring and insolvency specialist. Over in Calgary, Sean Collins is the go-to for CCAA restructurings, while Jocelyn Perreault sits in Montréal and acts for stakeholders in all stages of restructuring and insolvency proceedings.

Stikeman Elliott LLP handles complex restructuring and insolvency matters around the country, with experts sitting in Toronto, Montréal, Calgary and Vancouver. The nationwide team acts for restructuring companies, court officers, lenders, and purchasers of assets in restructuring and insolvency proceedings. It has strong cross-border capabilities, often advising on insolvencies involving US Chapter 11 and 15 proceedings. The team also assists international clients with the differences between US and Canadian proceedings. Guy Martel leads the Montréal team and has a strong track record handling CCAA proceedings. Elizabeth Pillon spearheads the Toronto team and is a litigation specialist with a focus on contentious restructuring and insolvency mandates. Lee Nicholson sits alongside Pillon and is well-versed in distressed transactions. Karen Fellowes KC is the team lead for the Western Canada practice, splitting her time between Vancouver and Calgary. She is the go-to for international insolvencies, asset tracking and recovery and resutrurings for oil and gas clients.

Borden Ladner Gervais LLP‘s insolvency and restructuring team is led by Roger Jaipargas from Toronto and Isabelle Desharnais in Montréal. Jaipargas is an expert in the retail industry and assists large retailers as well as banks and credit unions in commercial insolvency and restructuring matters. Desharnais is sought out by financial institutions, trustees and accounting firms for her knowledge on commercial insolvencies, financial restructurings and banking litigation. The practice stands out for its excellence in advising financial institutions and banking clients but also has expertise across other sectors such as automotive, construction, private equity, healthcare, real estate and retail. The team has handled a number of cross-border proceedings which involve both Chapter 11 and CCAA proceedings, and has continued to advise clients on Chapter 15 proceedings in the US.

Davies Ward Phillips & Vineberg LLP has been active assisting domestic and international clients with restructurings across Canada including cross-border CCAA proceedings. The team assists clients with identifying financing and M&A options and negotiate with stakeholders. Natasha MacParland leads the Toronto team and handles high-profile contentious restructuring proceedings, often acting as lead counsel. Toronto co-head Robin Schwill acts as Canadian counsel on cross-border insolvency proceedings for international clients. Denis Ferland co-leads the Montréal team and is well-versed in representing debtor corporations and secured lenders with reorganizations. Christian LaChance sits alongside Ferland as co-head and leads on restructuring cases with complex business challenges. Gabriel Lavery Lepage left the firm in early 2025.

Gowling WLG utilizes its global network across Canada, the UK, Europe, Asia and the Middle East to advise both domestic and international clients on multi-jurisdictional and cross-border insolvencies and restructurings. Clients of the firm include financial institutions, institutional lenders and commercial real estate clients. The team is experienced in representing creditors, debtors and court-appointed officers. The practice is led out of Montréal by Geneviève Cloutier, who represents financial institutions and private lenders in corporate reorganizations, bankruptcies and distressed acquisitions. Names to note from the Toronto team include David Cohen, who is an expert in financing and distressed M&A; Asim Iqbal, an expert in restructurings and special situations; and associate Kate Yurkovich, who assists in a range of issues.

Norton Rose Fulbright ‘combines top class restructuring counsel with excellent litigation’ to advise clients on cross-border restructuring and insolvency issues from Canada. The practice is noted for its creditor-focused approach, advising creditors on CCAA proceedings and fillings. It also advises on debtor side issues and distressed M&A transactions. Another area of note is the firm’s expertise in reverse vesting order structures (RVO), handling a myriad of RVO transactions. Guillaume Michaud leads the practice from Montréal and is experienced in handling restructuring and insolvency transactions and litigation with a focus on debtor-led restructurings. Evan Cobb resides in Toronto and represents clients in informal restructurings and CCAA proceedings. Jennifer Stam is also a key member of the Toronto team and handles national and international CCAA restructurings. Katie Mak joined the Vancouver team in March 2025 following her departure from Clark Wilson LLP.

Torys is based out of Toronto and acts for debtors, court officers, principal creditors and purchasers in restructuring and insolvency proceedings and transactions. The firm acts as strategic advisor to boards and senior management on restructuring matters and has been active in insolvency matters utilising reverse vesting orders (RVO). David Bish is an expert in insolvency, bankruptcy, receivership and restructuring and co-leads the team alongside Tony DeMarinis who center his practice on cross-border restructurings and cross-border M&A. Scott Bomhof, Adam Slavens and Kyle Kashuba are all well-versed in handling restructuring and insolvency matters with Kashuba focusing on the energy sector.

Aird & Berlis LLP advises clients on issues such as out-of-court restructurings, the purchase and sale of distressed businesses and assets and the structuring and implementation on debt workout arrangements. The firm also assists regulatory bodies with carrying out investigations and enforcement strategies. Clientele of the firm consists of financial institutions, banks, court-appointed officers, secured creditors and bondholders and corporations. Alongside advising Canadian clients on domestic insolvencies and restructurings, the firm also has expertise on handling issues involving the US, UK, Africa and the Caribbean. Practice head Steven Graff leads from Toronto and excels in insolvency issues.

Dentons‘ restructuring, insolvency and bankruptcy group are ‘one of strongest in the Vancouver market’, fielding a strong bench of restructuring and insolvency specialists in British Columbia. The firm leverages its knowledge in various key sectors such as energy, mining, tech, hospitality, transport and real estate to advise clients in these sectors on restructuring and insolvency proceedings. It also assists with cross-border insolvency transactions. John R. Sandrelli leads the Vancouver team and acts for clients in CCAA proceedings, while co-head Robert J. Kennedy sits in Toronto and is well-versed in representing CCAA monitors, court appointed receivers and distressed companies. Associate Eamonn Watson is well-versed in Canadian insolvency law and is part of the Vancouver team.

DLA Piper (Canada) LLP's restructurings and insolvency group is led across Vancouver and Toronto by Colin Brousson and Edmond Lamek, respectively. Brousson acts for major stakeholders in corporate restructurings, while Lamek handles both insolvency and restructuring matters for largely corporate clients. Jeffrey Bradshaw sits within the Vancouver team alongside Brousson and has experience at all levels of court in British Columbia acting for stakeholders in insolvency and enforcement proceedings.

McMillan LLP is well-versed in numerous sectors such as commercial, office and multi-family residential real estate, tech, transport, automotive and mining. The firm utilizes its knowledge of these sectors to advise domestic clients on restructuring and insolvency mandates. The firm fields expert commercial litigators to advise on contentious restructuring and insolvency disputes, as well as transactional specialists which handle restructuring transactions. The practice is led by a trio of restructuring and insolvency experts: Tushara Weerasooriya and Wael Rostom, who both lead on transactions from Toronto, and Adam Maerov, who focuses on oil and gas and mining restructuring proceedings from Calgary.