November 01, 2020

Cirque du Soleil Restructuring

Goodmans LLP acted for the Ad Hoc Committee of Lenders of Cirque du Soleil Entertainment Group in connection with the successful closing of a sale transaction and its emergence from creditor protection under the Companies’ Creditors Arrangement Act (“CCAA”) in Canada and Chapter 15 in the United States.

The closing of this recapitalization marked a significant milestone for Cirque du Soleil, as it provided the company with a solid foundation for a successful relaunch.

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One interviewee reported "I chose to work with them because of their expertise in Canadian restructurings and their practical, hands-on approach," further praising the team as "very knowledgeable, business-minded and commercial." — Chambers Canada
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Goodmans represents an impressive range of commercial clients, with notable experience advising bondholders and acting on large international insolvencies. — Chambers Canada
One client noted, "Goodmans practices at the highest level. The team really understands the market and clients' business objectives."
— Chambers Canada
Clients note, "Tremendous quality and depth of talent top to bottom... The best younger partners and senior leaders in the market." — IFLR1000
On the Restructuring Group, interviewees say, “They are the best of the best in insolvency matters. Extremely knowledgeable on all matters, incredibly well prepared and very thorough.” — IFLR1000
One client noted, "The restructuring team at Goodmans is hands down the best in Canada. They are extremely commercial, smart and always demonstrate excellent judgment." — IFLR1000
Clients remark, "Goodmans' greatest asset is the breadth and depth of their team. Other law firms may have one or two top-notch lawyers, but no other law firm matches for overall team strength." — IFLR1000

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