Corporate Restructuring
Liquidity constraints, excess leverage, operational inefficiencies, macro-economic dynamics and a slew of other factors can imperil the viability of a business. Countering those forces requires careful analysis and the experience of restructuring experts to help make tough choices and build consensus.
The team at KSV has a long history of advising debtors, secured lenders, unsecured creditors, investors, regulators, employee groups and boards of directors to restructure businesses and protect the interests of key stakeholders. We develop turnaround plans that identify the key issues and strategies to address them. Every plan has a timeline, critical path and measurable milestones.
When a formal proceeding is required to implement a restructuring plan, we are appointed as court officers under provincial or federal statutes, including the Companies’ Creditors Arrangement Act, Business Corporations Act, Bankruptcy and Insolvency Act and the like. We also have significant experience in cross-border mandates and frequently act in proceedings under the United States Code. In fulfilling this role, we are more than just an independent officer of the court, we are an active participant appointed to facilitate a successful restructuring that is in the best interest of the business and its stakeholders.
Our team has been involved in some of North America’s largest and most complex matters including Urbancorp, Sears, Imperial Tobacco/Japan Tobacco/Rothmans, Danier Leather, Coventree, Primus, Ravelston, Jetsgo, Nortel, Stelco, Legumex Walker, PACE Credit Union, Dura Automotive, Lear Corporation, SKD Automotive, Laura Secord, Linens ‘n Things, Confederation Treasury Services, Dylex Corporation, T. Eaton Company, SkyLink Aviation, Priszm Group and Eddie Bauer.
Contact KSV today to speak with our practice leaders.