About the Opportunity
Our client, a highly regarded mid-sized Toronto law firm, is seeking a technically skilled Insolvency & Restructuring Lawyer with 2–5 years of post-call experience in Ontario to join their team.
The successful candidate will handle a broad range of insolvency, restructuring, and related commercial litigation matters, advising both debtor- and creditor-side clients on complex, multi-party proceedings. This is an opportunity to build deep expertise in a sophisticated practice involving court-driven restructurings, distressed transactions, and security enforcement.
Key Responsibilities
Insolvency & Restructuring Advisory
- Provide strategic legal advice on BIA and CCAA proceedings, receiverships, bankruptcies, and proposals.
- Advise on secured and unsecured creditor rights, enforcement remedies, and priority disputes.
- Structure and implement corporate workouts, distressed M&A transactions, and restructuring plans.
- Draft and negotiate complex agreements, including:
- Forbearance agreements
- DIP (Debtor-in-Possession) financing arrangements
- Security and subordination agreements
- Restructuring term sheets and implementation plans
Litigation & Court Proceedings
- Draft, review, and argue motions, facta, affidavits, and other court materials in insolvency-related proceedings.
- Represent clients before the Ontario Superior Court of Justice (Commercial List) in applications and motions under the BIA and CCAA.
- Assist senior counsel with contested matters including claims disputes, priority contests, and fraudulent conveyance actions.
- Coordinate with receivers, trustees, and monitor counsel on procedural and evidentiary matters.
Transactional & Financial Analysis
- Review and analyze security documentation, loan agreements, and PPSA registrations to assess enforcement strategy.
- Conduct due diligence on debtor assets, liabilities, and creditor claims.
- Work with financial advisors and insolvency professionals to evaluate restructuring options and recovery scenarios.
Research, Strategy & Case Management
- Conduct in-depth legal research on insolvency precedents, creditor remedies, and priority issues.
- Manage files independently with minimal supervision while coordinating with multiple stakeholders.
- Support partners in business development by preparing client memos, legal updates, and seminar materials on insolvency developments.
Qualifications
- LL.B. or J.D., and member in good standing with the Law Society of Ontario.
- 2–5 years of post-call experience, with a strong focus on insolvency, restructuring, bankruptcy, or commercial litigation.
- Solid understanding of:
- Bankruptcy and Insolvency Act (BIA)
- Companies’ Creditors Arrangement Act (CCAA)
- Personal Property Security Act (PPSA)
- Ontario Rules of Civil Procedure
- Proven experience drafting and arguing motions, preparing Commercial List materials, and managing complex multi-party proceedings.
- Strong technical and analytical skills, including financial literacy to interpret balance sheets and creditor claims.
- Proficiency with document management systems, e-discovery platforms, and court e-filing tools.
- Excellent drafting, negotiation, and advocacy abilities with meticulous attention to procedural accuracy.