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Restructuring and Insolvency

Strategic restructuring solutions for complex business challenges 

Miller Thomson’s Restructuring & Insolvency Group helps businesses, lenders, court officers, investors, and other stakeholders navigate financial distress, preserve enterprise value, and achieve strategic outcomes in complex situations.  

Recognized nationally for our pragmatic, business-focused approach, we advise clients through all aspects of restructuring, insolvency, distressed transactions, special situations, and liability management matters. Whether you are facing operational challenges, liquidity constraints, regulatory pressures, stakeholder disputes, or a formal insolvency process, our lawyers provide creative solutions designed to protect value and position organizations for long-term success.  

Leaders in complex restructurings 

Our team is widely recognized for its work on sophisticated restructuring mandates across Canada. We are particularly known for representing debtor companies and applicants in Companies’ Creditors Arrangement Act (CCAA) proceedings, guiding businesses through financially and operationally complex situations while balancing stakeholder interests and preserving enterprise value.  

Our lawyers regularly structure and implement innovative transactions involving: 

  • CCAA proceedings 
  • Bankruptcy and Insolvency Act restructurings 
  • Debtor-in-possession financings 
  • Distressed mergers, acquisitions, and asset sales 
  • Reverse vesting transactions 
  • Sale and investment solicitation processes 
  • Liability management transactions 
  • Receiverships and bankruptcies 
  • Cross-border restructurings 
  • Chapter 11 and Chapter 15 proceedings  

We combine restructuring expertise with strong transactional and litigation capabilities to deliver practical solutions, whether a matter is resolved through negotiation, a strategic transaction, or contested court proceedings.  

Trusted by stakeholders across the capital structure 

Our team acts for a broad range of stakeholders, including: 

  • Debtor companies 
  • Secured and unsecured creditors 
  • Financial institutions 
  • Asset-based lenders 
  • Monitors, receivers, and trustees 
  • Court-appointed officers 
  • Purchasers and investors 
  • Directors and officers 
  • Shareholders and stakeholder groups  

Because we regularly advise parties with differing perspectives, we bring a practical understanding of stakeholder priorities, negotiation dynamics, and risk management considerations to every mandate.  

Experience in traditional and emerging industries 

Our lawyers have played leading roles in restructurings across a wide range of industries, from traditional sectors to innovative and highly regulated businesses. 

We have significant experience in: 

  • Financial services 
  • Real estate and development 
  • Manufacturing and distribution 
  • Mining and natural resources 
  • Retail and consumer products 
  • Agriculture and agribusiness 
  • Healthcare and pharmaceuticals 
  • Energy and infrastructure 
  • Technology and software 
  • Cannabis 
  • Cryptocurrency and digital assets 
  • Aerospace and emerging industries  

Clients seek our counsel when industry complexity, regulatory requirements, and financial challenges intersect.  

Cross-border capability. National reach. 

Financial distress rarely respects borders. We regularly act on matters involving cross-border insolvency proceedings, international debt structures, foreign stakeholders, and multinational operations. Our lawyers have extensive experience coordinating Canadian proceedings with U.S. Chapter 11 and Chapter 15 processes and working alongside counsel in other jurisdictions to develop integrated restructuring strategies.  

With restructuring professionals across Canada and a fully integrated national platform, we are able to support clients wherever business challenges arise. Our team works seamlessly with leading lawyers in financial services, corporate, tax, litigation, real estate, labour and employment, regulatory, environmental, intellectual property, and Indigenous law to provide comprehensive solutions to complex restructuring mandates.  

Commercial advice. Practical results. 

We understand that restructuring is not simply a legal process – it is a business challenge requiring decisive action, stakeholder alignment, and creative problem solving. During periods of uncertainty, we help you focus on achieving practical, commercially sensible outcomes while minimizing disruption and maximizing value.  

From complex CCAA restructurings and cross-border insolvencies to distressed acquisitions, creditor enforcement, and special situations, let us guide you through the uncertainty with confidence, clarity, and strategic foresight. 

Awards and accolades

  • Best Law Firms™ – Canada: Insolvency and Financial Restructuring Law
  • Canadian Legal Lexpert Directory: Insolvency & Financial Restructuring
  • Chambers and Partners: Restructuring/Insolvency (Chambers Global, Chambers Canada)
  • IFLR1000 – Canada: Restructuring and Insolvency

Contact us

Navigate insolvency proceedings confidently with Miller Thomson. Contact us today to discuss your specific needs and discover how we can assist your business. 

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