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.
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.
Pension and Benefit Issues in Bankruptcy and Restructuring, Employment Standards
| 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 |
