"100+ Goodmans lawyers across 43 practice areas ranked as among the best lawyers in Canada." - Best Lawyers in Canada 2022    
Goodmans Directory

Chris Armstrong

Partner

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

Tel:   416.849.6013
Fax:   416.979.1234

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

Described by clients and peers as “very  talented”, his practice focuses on financial restructuring and insolvency, mergers and acquisitions and corporate law. He regularly acts for debtors, lenders, ad hoc committees, court-appointed officers, purchasers and other stakeholders in complex Canadian and cross-border restructurings.

He has experience across a wide variety of sectors, including technology, retail, natural resources and commodities, entertainment, construction, automotive and pharmaceuticals.

REPRESENTATIVE WORK

Chris’ recent representative work includes:

  • Cirque du Soleil – Representing an ad hoc committee of lenders in Cirque du Soleil’s coordinated CCAA and Chapter 15 proceedings, including in respect of their successful $1.2 billion credit bid to acquire the company and related refinancing, which transaction was recognized as the 2021 Insolvency & Restructuring Deal of the Year at the Canadian Law Awards
  • Harte Gold Corp. – Representing the Monitor in Harte Gold’s ongoing CCAA proceedings
  • Nortel Networks – Representing the Canadian court-appointed “super monitor” in all aspects of this multi-national insolvency proceeding involving coordinated CCAA, Chapter 11 and UK administration proceedings, including in connection with the sales of Nortel’s business units and patent portfolio for $7.5 billion and the $4.5 billion CCAA plan of arrangement
  • Clover Leaf/Bumble Bee Seafoods – Representing Brookfield Principal Credit LLC as the Term Loan Agent and DIP Term Loan Agent  in Clover Leaf’s CCAA proceedings and the related Chapter 11 proceedings of Bumble Bee Seafoods, including the $1.3 billion sale of Bumble Bee and Clover Leaf’s business to FCF Co., Ltd
  • Toys “R” Us Canada – Representing Toys “R” Us Canada in its coordinated CCAA and Chapter 11 proceedings, including in connection with the successful going-concern sale of Toys “R” Us Canada for US$300 million
  • Skillsoft Corporation – Representing Skillsoft’s first lien lenders in connection with the company’s Chapter 11 plan of reorganization and related CCAA recognition proceedings
  • Crystallex International – Representing an ad hoc committee of Crystallex’s bondholders and Computershare Trust Company of Canada in its capacity as trustee in Crystallex’s ongoing CCAA proceedings relating to its efforts to enforce a US$1.3 billion ICSID award against the Republic of Venezuela for the benefit of stakeholders
  • Bondfield Construction and Forma-Con Construction – Representing the agent under Bondfield’s senior-secured credit facility in connection with Bondfield’s CCAA proceeding and the receivership of Forma-Con Construction
  • Aralez Pharmaceuticals – Representing Nuvo Pharmaceuticals Inc. as the purchaser of Aralez’s Canadian business and certain U.S. assets for US$110 million in Aralez’s coordinated CCAA and Chapter 11 proceedings
  • DEL Equipment – Representing DEL Equipment, Canada’s leading truck equipment up-fitter, in its CCAA proceedings, including the successful sale of its business to Drive Products
     

    RECOGNITION 

    Chris has been recognized in the areas of financial restructuring and insolvency by Chambers and Partners, IFLR 1000, Best Lawyers in Canada, The Canadian Legal Lexpert Directory, Who’s Who Legal and Expert Guides.  In 2017, he was honoured as one of Lexpert’s Rising Stars: Leading Lawyers Under 40. In 2014, he received the Ontario Provincial Police Commissioner’s Citation for Lifesaving and the St. John Ambulance Lifesaving Award.

    PROFESSIONAL INVOLVEMENT

    Chris was a lecturer at the University of Western Ontario Law School, where he taught the advanced restructuring course from 2012 to 2020.  In 2016, he received the University Student Council Honour Roll Award for Teaching Excellence. He is a regular speaker at conferences and has contributed papers to the Journal of the Insolvency Institute of Canada. Chris is actively involved in the firm’s student recruitment and mentoring programs for summer students, articling students and associates.

Education Osgoode Hall Law School (LL.B., 2007)
Queen's University (BAH (Honours), 2004)
Professional Affiliations

The Law Society of Ontario
Insolvency Institute of Canada
Turnaround Management Association

Year of Call

2008 Ontario