Goodmans at The Canadian Institute's Insolvency & Restructuring Conference

Details

Members of Goodmans Restructuring team are attending the Advanced Commercial Insolvency & Restructuring Forum and will be speaking on the following panels: 

Speaker:  Robert Chadwick, Partner, Goodmans LLP

Abitibi, Canwest & Nortel are just three of the large restructurings making headlines regularly.  To make these complex transactions work, dynamic and creative ways of solving the puzzles that restructurings present are being developed by those involved.  Learn important lessons from these cases that you can use in every day practice to make you more effective.

Speaker:  Gale Rubenstein, Partner, Goodmans LLP

This session will cover:

• Exploring whether the presence of a court-appointed Monitor provides a sufficient “check” on a debtor’s actions in dealing with its stakeholders
• Determining whether the inclusion of certain events of default under DIP loan agreements hinders the presiding judge’s discretion to make certain Orders or has the effect of pre-determining certain disputes
• Considering how the many parties in a CCAA proceeding with an effective veto on a company’s restructuring efforts may make the concept of “debtor in possession” illusory
• Preserving the Canadian concept of “debtor in possession” in a cross-border filing in the U.S.
• Avoiding unnecessary tensions between the monitor and the company’s management
• Employing best practices in dealing with the company’s DIP Lenders
• Working effectively with court-appointed representative counsel for employee/retiree stakeholder groups
  

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