Managing and using debt is part of doing business, but when debt is causing financial stress you need experienced and skilled legal counsel to devise an appropriate and practical solution.
Similarly, as a creditor of a distressed company, you may need seasoned and creative counsel to ensure that you recover as much of your indebtedness as quickly and efficiently as possible.
Farris litigators and solicitors work together to provide strategic advice and practical solutions in a timely manner. We work in a multidisciplinary team that includes lawyers specializing in corporate transactions, financial services, real estate, tax, and labour and employment to provide comprehensive expertise and guide clients through complex insolvency and restructuring challenges while at the same time helping them navigate through challenging realization scenarios.
We advise major financial institutions, insolvency professionals, lenders, and corporate debtors on debt recovery proceedings, foreclosures, liquidations, receiverships, bankruptcies, and loan workouts including debt restructuring and reorganization under the Bankruptcy and Insolvency Act, Companies’ Creditors Arrangement Act, and related US Bankruptcy Code proceedings.