Jeremy specializes in insolvency and restructuring disputes and frequently appears as lead litigation counsel before the Ontario Superior Court (Commercial List), the Ontario Court of Appeal and other courts across Canada in proceedings pursuant to the Companies’ Creditors Arrangement Act and the Bankruptcy and Insolvency Act.
He has acted in significant cross-border cases and has acted for major debtor corporations, monitors, receivers, trustees in bankruptcy, boards of directors, secured creditors and purchasers of distressed assets. He also maintains a general corporate/commercial litigation practice and has been involved in cases involving commercial contracts, professional negligence, product liability and class actions. Jeremy was named a “Rising Star” by Lexpert magazine in 2010.
Jeremy is a member of the Model Order Sub-committee of the Commercial List Users’ Committee of the Ontario Superior Court of Justice.
Jeremy is a contributing author to the LexisNexis Practice Advisor Canada Insolvency & Restructuring module.
Areas of Expertise
Representative Work
- Just Energy Group Inc. in connection with its $1.1 billion recapitalization transaction
- Alvarez & Marsal Canada Inc., as Receiver to Erwin Hymer Group North America Inc., announces proposed acquisition of Roadtrek RV brand by Rapido SAS
- KPMG Inc. in connection with Gymboree Inc.’s proceedings under the Bankruptcy and Insolvency Act
- Sears Canada Inc. in connection with its CCAA proceedings
- Express Fashion Apparel Canada Inc. in connection with its CCAA proceedings
- Golf Town Canada, acting for FTI Consulting Canada Inc. as Monitor, in connection with Golf Town’s CCAA proceedings
- Pacific Exploration and Production independent committee of the board in connection with its CCAA proceedings
- Target Canada Corp. in connection with its CCAA proceedings
- PricewaterhouseCoopers Inc. in its capacity as Monitor of League Asset’s Corp.’s CCAA proceedings
- Cash Store’s Special Committee and subsequently its Chief Restructuring Officer in connection with its CCAA proceedings
- Alvarez & Marsal Canada in connection with the CCAA and Chapter 15 proceedings of Arctic Glacier Income Fund and the sale of Arctic’s Canadian and U.S. assets to H.I.G. Capital
- Province of Nova Scotia in connection with the sale of NewPage Port Hawkesbury Corp. out of CCAA proceedings
- Angiotech Pharmaceuticals in connection with its capital restructuring implemented through cross-border CCAA and Chapter 15 proceedings
- Canwest Global Communications in connection with its refinancing, CCAA restructuring and sale of its broadcast business
- Circuit City’s Canadian subsidiary (InterTan Canada) in connection with its CCAA proceedings and Circuit City’s Chapter 11 proceedings and the sale of over 700 retail locations.
- JP Morgan Chase Bank as agent and lender for Collins & Aikman in its cross-border CCAA and Chapter 11 proceedings
- Blackrock Financial in its capacity as proposed administrator in the CCAA restructuring of the asset backed commercial paper market in Canada
- Parsons & Whittemore Inc. and St. Anne Industries in the sale and revitalization of the assets of St. Anne-Nackawic Pulp Company Limited to a consortium involving Tembec Inc. and The Birla Group financed by the Province of New Brunswick
- General Electric Capital Corporation in connection with a US$650 million DIP facility and successful CCAA restructuring of Air Canada
- AT&T Canada/Allstream in its $11 billion restructuring, CCAA proceedings and debt-for-equity swap
- Golf Town Canada, acting for FTI Consulting Canada Inc. as Monitor, in connection with Golf Town’s CCAA proceedings
- Pacific Exploration and Production independent committee of the board in connection with its CCAA proceedings
- Target Canada Corp. in connection with its CCAA proceedings
- PricewaterhouseCoopers Inc. in its capacity as Monitor of League Asset’s Corp.’s CCAA proceedings
- Cash Store’s Special Committee and subsequently its Chief Restructuring Officer in connection with its CCAA proceedings
- Alvarez & Marsal Canada in connection with the CCAA and Chapter 15 proceedings of Arctic Glacier Income Fund and the sale of Arctic’s Canadian and U.S. assets to H.I.G. Capital
- Province of Nova Scotia in connection with the sale of NewPage Port Hawkesbury Corp. out of CCAA proceedings
- Angiotech Pharmaceuticals in connection with its capital restructuring implemented through cross-border CCAA and Chapter 15 proceedings
- Canwest Global Communications in connection with its refinancing, CCAA restructuring and sale of its broadcast business
- Circuit City’s Canadian subsidiary (InterTan Canada) in connection with its CCAA proceedings and Circuit City’s Chapter 11 proceedings and the sale of over 700 retail locations.
- JP Morgan Chase Bank as agent and lender for Collins & Aikman in its cross-border CCAA and Chapter 11 proceedings
- Blackrock Financial in its capacity as proposed administrator in the CCAA restructuring of the asset backed commercial paper market in Canada
- Parsons & Whittemore Inc. and St. Anne Industries in the sale and revitalization of the assets of St. Anne-Nackawic Pulp Company Limited to a consortium involving Tembec Inc. and The Birla Group financed by the Province of New Brunswick
- General Electric Capital Corporation in connection with a US$650 million DIP facility and successful CCAA restructuring of Air Canada
- AT&T Canada/Allstream in its $11 billion restructuring, CCAA proceedings and debt-for-equity swap
Awards and Recognition
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Chambers Canada: Canada’s Leading Lawyers for Business: Recognized in Restructuring/Insolvency
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Chambers Global: The World’s Leading Business Lawyers: Recognized in Insolvency & Restructuring
- “…he has this amazing degree of calm in the face of a storm, while also being able to recall excruciating levels of detail.”
- “Clients commend his ability to give great advice and to form a very good litigation strategy.”
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The Canadian Legal Lexpert Directory: Recognized in Insolvency & Financial Restructuring – Insolvency Litigation
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Best Lawyers in Canada: Recognized in Insolvency and Financial Restructuring Law
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Legal 500: Recognized as Recommended Lawyer, Restructuring and Insolvency
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Who’s Who Legal: Recognized in Restructuring & Insolvency (International); Restructuring & Insolvency (Canada)
- “[Jeremy] is a top-notch name in high-stakes cross-border insolvencies and is regularly instructed to represent clients in the Canadian courts at first instance and at the appellate level.”
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Benchmark Litigation Canada: Recognized in Insolvency 2019 Lawyer of the Year (shortlisted); Recognized in Dispute Resolution; Insolvency (Litigation Star)
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Lawdragon: Recognized in the 2020 Lawdragon 500 Leading Global Bankruptcy & Restructuring Lawyers
Media Mentions
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Osler News Nov 23, 2023
23 Osler lawyers recognized in Lexpert Special Edition: Litigation 2023
23 Osler lawyers featured in the Lexpert Special Edition: Litigation 2023.
Read more -
Osler News Apr 12, 2021
Osler shortlisted for eight 2021 Benchmark Litigation Canada Awards
We have been shortlisted in eight categories for the 2021 Benchmark Litigation Canada Awards. The awards will take place virtually on May 12, 2021.
Read more -
Osler News Sep 22, 2020
Four Osler lawyers recognized as Lawdragon 500 Leading Global Restructuring & Insolvency Lawyers
Sandra Abitan, Jeremy Dacks, Tracy Sandler and Marc Wasserman have been recognized among top lawyers in Lawdragon’s annual 500 Leading Global...
Read more -
Osler News Jan 27, 2020
29 Osler lawyers recognized in Benchmark Litigation 2020
Osler is proud to announce that 29 of our litigation lawyers appear in Benchmark Litigation’s 2020 issue of Benchmark Canada, their annual...
Read more
Speaking and Writing
Speaking Engagements
Everything junior litigators need to know about the Estate and Commercial Lists
Speaker, Toronto, November 22, 2016
Arctic Glacier in CCAA: Giving Process a Chance
Speaker, Canadian Bar Association, April 9, 2014
Published Work
- CCAA Claims Processes – Guiding Principles for Developing an Effective Method of Determining Creditor Claims, Journal of the Insolvency Institute of Canada, v. 6, 2017 (co-authored with Neil Bunker of PwC).
- Lexis/Nexis Practice Advisor, Contributor to on-line portal concerning CCAA proceedings (ongoing)
- Is a Mortgagee’s Power of Sale Process Assignable? (Lee v. Korea Exchange Bank of Canada), The Six-Minute Debtor-Creditor and Insolvency Lawyer 2009, The Law Society of Upper Canada.
- Defending Property Under Attack: Considerations Applicable to Receiverships and CCAA Proceedings, Assets Under Attack: Guiding Clients through the Creditor Crunch, Ontario Bar Association Continuing Legal Education, May 25, 2009.
- What do Secured Lenders Need to Know Now to Avoid Liability, Enforcing Creditors’ Rights, The Canadian Institute, July, 2004 (co-authored with Lyndon Barnes).
- Professional Compensation in Canadian Restructurings – The Landmark Case of Confederation Treasury Services Limited, Corporate Litigation, Federated Press, 2003 (co-authored with Lyndon Barnes).
Credentials
Education
- Osgoode Hall Law School, LL.B.
- McGill University, B.A.
Languages
- English
Professional Affiliations
- Ontario Bar Association, Insolvency Law Section
- Canadian Bar Association
- Turnaround Management Association, Toronto Chapter
