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Gale Rubenstein


grubenstein@goodmans.ca vCard
Bay Adelaide Centre - West Tower
333 Bay Street, Suite 3400
Toronto, ON M5H 2S7

Tel:   416.597.4148
Fax:   416.979.1234

Gale Rubenstein is a partner and a member of the Executive and Compensation Committees at Goodmans. She practices in the areas of commercial insolvency, restructuring and pensions, with an emphasis on financial institutions both domestic and international, including life insurers, property and casualty insurers and deposit-taking institutions.

Gale was senior counsel to the investor committee that oversaw the restructuring of Canadian Third Party Asset-Backed Commercial Paper and the Monitors of Nortel Networks and Target Canada. She was also counsel to the Province of Ontario on the GM and Chrysler restructurings and GM IPO, and the Stelco and Essar Algoma restructurings and was the provincial facilitator on changes to certain public sector jointly sponsored pension plans.  Gale has also been counsel to the liquidators of numerous financial institutions including Confederation Life Insurance Company, Union of Canada Life Insurance, Northumberland General Insurance Company and the Canadian branches of Reliance, Orion and English and American Insurance Companies.  She is an advisor to the Canada Deposit Insurance Corporation with respect to bank resolution issues.

Gale served on the Board of Directors of Hydro One Inc. and is a member of the board of Outside the March, an independent, award-winning theatre company.

Gale has been the author of numerous papers including the chapter on Canada in Cross-Frontier Insolvency of Insurance Companies (Sweet & Maxwell), Bank Insolvency, An International Guide for Deposit Insurers (INSOL International), and International Insurance Law and Regulation, Insurer Receiverships (Oceana). Gale was an editor of the Canadian chapter on cross-border insurance insolvency for the ABA Handbook, a leading resource for practitioners in the field of insurance company insolvency.

Gale is identified as a leading practitioner of restructuring and insolvency law by legal publications including The Canadian Legal Lexpert Directory, The Lexpert Special Edition on Canada’s Leading Insolvency and Restructuring Lawyers in the Globe & Mail’s Report on Business Magazine, The Lexpert Guide to the Leading US/Canada Cross-border Corporate Lawyers in Canada, Chambers Canada, Chambers Global, IFLR 1000, The Best Lawyers in Canada, Euromoney’s Guide to the World’s Leading Insolvency and Restructuring Lawyers, Guide to the World’s Leading Insurance and Reinsurance Lawyers and Guide to the World's Leading Women in Business Law, Law Business Research’s Who’s Who International of Insolvency and Restructuring Lawyers and Who’s Who Legal: Canada.  She has an AV Preeminent™ peer review rating from Martindale-Hubbell. 

Gale received the Ontario Bar Association Award for Excellence in Insolvency Law in 2013.  She is a fellow of the Insolvency Institute of Canada.

Education Osgoode Hall Law School (LL.B.)
Professional Affiliations

Insolvency Institute of Canada
INSOL International
International Women’s Insolvency and Restructuring Confederation