Globalization has resulted in capital flowing into Canada from all over the world. Businesses operate in multiple countries. The Canadian economic landscape is evolving. Foreign stakeholders – private equity firms, banks, bondholders – increasingly influence the Canadian restructuring environment. When businesses encounter turbulence, professionals with knowledge of multi-jurisdictional restructuring are required.
We were pioneers in cross-border matters – we were the first restructuring firm in Canada to deal with a cross-border case under Chapter 15 of title 11 the United States Code – MuscleTech Research & Development Inc. Since that time, we have been involved in dozens of cross-border files, including Nortel Networks, Lear Corporation, Destinator Technologies, Allied Automotive, Pillowtex, Pliant, Innua Canada, iMarketing, Madill, Biltrite, Cooper Standard, XTG Technology, Dura Automotive, Eddie Bauer, Laura Secord, Linens ‘n Things, iMarketing, Graceway Pharmaceutical, Arxx Building Products and others.
Our team has also performed numerous mandates in the US which have no connection to Canada.