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Goodmans Directory

Caroline Descours


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

Tel:   416.597.6275
Fax:   416.979.1234

Caroline Descours is a partner in the Corporate Restructuring Group at Goodmans, which is consistently and widely recognized as Canada’s best and leading corporate restructuring practice.

Caroline’s practice focuses on corporate restructuring and commercial insolvency matters, including Canadian, transnational and cross-border matters. She has significant experience in corporate and insolvency restructurings, recapitalization transactions, acquisitions, commercial financing transactions, and private equity and corporate matters. Her roles include acting as counsel for companies, secured and unsecured debtholders, and monitors and trustees, as well as advising boards of directors in respect of corporate and restructuring transactions and strategic alternatives. She also acts for private equity funds and investors in a broad range of transactions.


Caroline’s representative work includes:

Corporate Recapitalization Transactions

  • Company counsel on numerous corporate recapitalization transactions, including Concordia International Corp., Bellatrix Exploration Ltd., Sherritt International Corporation, Postmedia Network Canada Corp. and Millar Western Forest Products Ltd.

Commercial Insolvency Matters

  • Debtor counsel on numerous commercial insolvency restructurings, including Cinram International Inc., Graceway Canada Company, SkyLink Aviation Inc., Plasco Energy Group, Nelson Education, Rubicon Minerals, Bellatrix Exploration Ltd., Yatsen Group of Companies and McEwan Enterprises
  • Debtholder counsel on numerous commercial insolvency restructurings, including Sino-Forest, Jaguar Mining, Mobilicity and Cash Store
  • Monitor, trustee and/or information officer counsel on numerous commercial insolvency restructurings, including Extreme Fitness, Tamerlane Ventures, Target Canada, Horsehead and FirstOnSite


In 2020, Caroline was honoured as one of Lexpert’s Rising Stars: Leading Lawyers Under 40, and has been recognized as a Rising Star by IFLR1000.  She has also been recognized as “repeatedly recommended” by The Canadian Legal Lexpert Directory for restructuring and insolvency, recognized as a leading practitioner by Best Lawyers in Canada and Chambers Canada, and included in Euromoney’s Guide to the World’s Leading Women in Business Law.

Education Richard Ivey School of Business (HBA)
University of Western Ontario (J.D., graduated with distinction)
Professional Affiliations

Law Society of Ontario
Turnaround Management Association