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Insolvency and Restructuring Insolvency and Restructuring

Our team based, multi-disciplinary approach delivers innovative and integrated solutions for complex business-critical matters.

Osler’s Insolvency and Restructuring Group is Canada’s leading multi-disciplinary practice offering top-tier legal expertise in all aspects required to resolve the most compelling business challenges. Our team based, multi-disciplinary approach delivers innovative and integrated solutions for complex business-critical matters and has been ranked Band 1 in Chambers Canada, one of the world’s leading legal directories.

Osler succeeds for several reasons:

  • Diverse Clientele and Wide-Ranging Scope. We act for all types of clients dealing with challenging business circumstances and deliver leading-edge counsel in complex matters throughout the North American economy. We are relied upon as tested and trusted advisors to directors, senior executives, in-house counsel, credit and investment officers and fund managers, as well as other professional advisors, court-appointed officers and regulators. In addition to providing advice and leadership in distress situations, we are frequently consulted on mergers & acquisitions, securitizations and derivatives, credit matters, supply chain management, financial reporting and governance in business-critical situations.
  • Multi-Disciplinary Approach. Solving complex business challenges requires an integrated application of expertise and perspective across many different disciplines. Osler’s Insolvency & Restructuring practice is based on a multi-disciplinary approach that draws upon market leading resources throughout the Firm to deliver integrated solutions seamlessly and effectively to meet the needs of any business-critical situation.
  • Cross-Border Strength. We have extensive relationships with U.S. based advisors and have earned a leadership position in crafting comprehensive cross-border solutions in North America. We were among the first counsel globally to structure cross border protocols governing administrative process, substantive treatment and court-to-court communications in international insolvencies and we continue to be leaders in North America in that regard.
  • Scalable Staffing with Deep Expertise. We invest heavily in the training and development of our personnel and have built a dedicated team with rigorous standards and market leadership for over 30 years. Our clients gain the benefit of a professional “depth chart” at varying levels of seniority that allows us to tailor the team to meet the demands of any business-critical situation in a cost-effective manner while providing innovative solutions that only deep expertise can. That experience and expertise allow Osler to deliver practical, commercially achievable solutions to compelling business challenges.
  • Rapid Response. We engage quickly, efficiently and effectively to meet the needs of any business-critical situation, regardless of the level of complexity.

Business-Critical Transaction and Advisory Services

We provide a full suite of business-critical transaction and advisory services in challenging circumstances including:

  • Agent’s Counsel (Syndicates)
  • Bankruptcies
  • Capital Restructurings
  • Committee Counsel
  • Creditor’s Counsel
  • Credit Amendments
  • Credit Structuring
  • Crisis Management
  • Debtor’s Counsel
  • DIP Financings
  • Distressed M&A
  • Forbearances
  • Governance
  • Informal Restructurings
  • Insolvency Proceedings
  • Lender’s Counsel
  • Liquidator’s Counsel
  • Monitor’s Counsel
  • Operational Restructurings
  • Plans of Arrangement
  • Plans of Compromise
  • Plans of Reorganization
  • Proposals
  • Receiver’s Counsel
  • Regulatory Counsel
  • Refinancings
  • Transaction Review
  • Trustee’s Counsel

Key Contacts

Chair

Marc Wasserman

Partner, Insolvency and Restructuring, Toronto

Sandra Abitan, Ad. E.

Partner, Insolvency and Restructuring, Montréal

Mary Buttery, KC

Partner, Disputes, Vancouver

Randal Van de Mosselaer

Partner, Insolvency and Restructuring, Calgary


Awards and Recognition

  • Recognized in Restructuring and Insolvency (Band 1).

    —Chambers Canada: Canada's Leading Lawyers for Business
  • Recognized in Restructuring and Insolvency (Band 1).

    —Chambers Global: The World's Leading Lawyers for Business
  • The Guide to the World’s Leading Financial Law Firms: Recognized in Restructuring and Insolvency (Tier 1).

    —IFLR 1000
  • Recognized as a top 30 leading law firm in the world for cross-border Restructuring and Insolvency.

    —Global Restructuring Review 30
  • Recognized in Insolvency & Financial Restructuring (Toronto, Ontario; Montreal, Quebec).

    —The Canadian Legal Lexpert Directory
  • Recognized in Insolvency and Financial Restructuring.

    —The Lexpert Guide to the Leading US/Canada Cross-border Corporate Lawyers in Canada
  • Recognized in Restructuring and Insolvency.

    —The Legal 500
  • Recognized in Restructuring & Insolvency.

    —Who’s Who Legal
  • Recognized as “Law Firm of the Year” in Insolvency and Financial Restructuring Law.

    —Best Law Firms - Canada
  • Osler shortlisted for Firm of the Year, Insolvency, 2019.

    —Benchmark Litigation Canada Awards
  • The Definitive Guide to Canada’s Leading Litigation Firms and Attorneys: Osler lawyers recognized as leaders in Insolvency.

    —Benchmark Litigation Canada