Pension and Benefit Issues in Bankruptcy and Restructuring
Bankruptcy and restructuring proceedings of a company have a major impact on employees, retirees, unions and pension plans. This area of law involves complex legal issues in a constantly changing environment, tight deadlines, and competing claims from a variety of creditors and other stakeholders. Without effective legal representation, individuals can suffer significant losses in such proceedings.
To view a list of the cases we have handled, some of which are ongoing, please click here.
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Details
Our Bankruptcy and Restructuring Group represents employees, retirees, unions, and pension and benefit fund administrators who are impacted by a company`s restructuring, bankruptcy or receivership. We have been involved in the largest and highest profile insolvencies in Canada. We have been appointed by the Ontario Superior Court of Justice (Commercial List) as Representative Counsel to employees and retirees in a large number of insolvency cases, and have acted for over fifty different union locals across the country in insolvency matters.
We bring our advocacy and negotiation skills to bear together with our knowledge of the Bankruptcy and Insolvency Act (BIA) and Companies’ Creditors Arrangement Act (CCAA) to protect our clients’ pension, benefits and wage claims. We are able to respond quickly, negotiate creative solutions and advance our clients’ rights in court. We work hard to ensure that our clients obtain the best possible recovery of amounts that are owing to them.
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Lawyers
Andrew J. Hatnay
Partner
Practice Area
Expertise
Pension and Benefit Issues in Bankruptcy and Restructuring, Employment Standards
Demetrios Yiokaris
Partner
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Experience
Insolvent Company Initial Filing for Court Protection Sears Canada Inc. 22-Jun-17 Danier Leather 21-Mar-16 Target Canada 15-Jan-16 Co-op Atlantic 25-Jun-15 Wabush Mines 20-May-15 U.S. Steel Canada Inc. (formerly Stelco) 16-Sep-14 Comstock Canada Ltd. 09-Jul-13 The Shaw Group 31-Aug-12 Allied Systems Holding Inc. 12-Jun-12 Catalyst Paper 31-Jan-12 Timminco 03-Jan-12 Skyservice Airlines 31-Mar-10 Hollinger Canadian Publishing Holdings Co. (“HCPH”) 10-Dec-09 Daymonex 03-Nov-09 Fraser Papers 18-Jun-09 Indalex (Supreme Court of Canada) 03-Apr-09 Smurfit-Stone Container Canada 26-Jan-09 Nortel 14-Jan-09 Hard-Rock Paving 24-Sep-08 Windsor Machine & Stamping Limited 06-Aug-08 SAAN Stores 28-Dec-07 Domgroup 01-Aug-07 Stelco 29-Jan-04 Ivaco 16-Sep-03 Air Canada 01-Apr-03 Irwin Toy 02-Dec-02 T.C.T. Logistics Inc. (Supreme Court of Canada) 24-Jan-02 Dylex 01-Aug-01 Eaton’s 28-Sep-99
