
Overview
Caroline Descours is a partner in the 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.
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.
Featured Work
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
Awards & Recognition
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Chambers Canada Up and Coming, Restructuring/Insolvency 2023
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The Legal 500 Canada Recommended, Restructuring and Insolvency 2023
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Best Lawyers in Canada Recognized, Insolvency & Financial Restructuring Law 2023
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The Legal 500 Canada Recommended, Restructuring and Insolvency 2022
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Euromoney's Guide to the World's Leading Women in Business Law Recognized, Restructuring and Insolvency 2022
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IFLR1000 Canada Highly Regarded, Restructuring & Insolvency 2022
Credentials
Credentials
- Western University, J.D., graduated with distinction
- Western University / Ivey Business School, H.B.A.
Professional Affiliations
- Law Society of Ontario
- Turnaround Management Association
Call to Bar
- Ontario
Insights
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Banking and Financial Services
The Acquisition and Leveraged Finance Review 9th Edition - Canada Chapter
Jean Anderson, David Nadler, Carrie Smit, David Wiseman, Caroline Descours, Steven Marmer, and Cathy Costa-Faria co-authored the Canada Chapter of The Law Reviews' Acquisition and Leveraged Finance… -
Banking and Financial Services
The Lending and Secured Finance Review 8th Edition - Canada Chapter
Jean Anderson, David Wiseman, David Nadler, Caroline Descours, Michael Royal, Kyle Gerow and Cathy Costa-Faria co-authored the Canada Chapter of The Law Reviews' Lending and Secured Finance Review 8th… -
Banking and Financial Services
The Acquisition and Leveraged Finance Review 8th Edition - Canada Chapter
Jean Anderson, David Nadler, Carrie Smit, David Wiseman, Caroline Descours, and Steven Marmer co-authored the Canada Chapter of The Law Reviews' Acquisition and Leveraged Finance Review 8th Edition… -
Banking and Financial Services
The Lending and Secured Finance Review 7th Edition - Canada Chapter
Jean Anderson, David Wiseman, David Nadler, Carrie Smit, Caroline Descours, Kyle Gerow and Cathy Costa-Faria co-authored the Canada Chapter of The Law Reviews' Lending and Secured Finance Review 7th… -
Banking and Financial Services
The Acquisition and Leveraged Finance Review 7th Edition - Canada Chapter
Jean Anderson, David Nadler, Carrie Smit, David Wiseman, and Caroline Descours co-authored the Canada Chapter of The Law Reviews' Acquisition and Leveraged Finance Review 7th Edition. The publication… -
Banking and Financial Services
The Lending and Secured Finance Review 6th Edition - Canada Chapter
Jean Anderson, David Wiseman, David Nadler, Carrie Smit, Caroline Descours, and Cathy Costa-Faria co-authored the Canada Chapter of The Law Reviews' Lending and Secured Finance Review 6th Edition. The…
News & Events
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Banking and Financial Services
The Legal 500 Canada Continues to Recognize Goodmans with Top Tier Rankings
We are pleased to announce Goodmans LLP has once again received top tier recognition from The Legal 500 Canada in their 2023 Guide released today. Recognition from The Legal 500 is based on… -
Goodmans Lawyers Named Across 2022 Expert Guides
We are pleased to share Goodmans lawyers have been recognized across several Expert Guides 2022 editions. Recognition from Expert Guides is based on peer review, and demonstrates our lawyers… -
Mergers and Acquisitions
Chambers and Partners Continues to Honour Goodmans with Top Tier Recognition
We are delighted to announce Goodmans LLP has once again received top tier recognition from Chambers and Partners in the Chambers Canada 2023 Guide released today. Recognition from Chambers…