Caroline Descours

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Caroline Descours

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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, financing transactions, and private equity and corporate matters. Her roles include acting as counsel for companies, secured and unsecured debtholders, purchasers, and court-appointed monitors and receivers, 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, as “highly regarded” by IFLR1000, and as a leading practitioner by Best Lawyers in CanadaChambers Canada, and Chambers Global for restructuring and insolvency. She is also 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 in 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 in 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, McEwan Enterprises and Yellow Corporation
    • Debtholder counsel in numerous commercial insolvency restructurings, including Sino-Forest, Jaguar Mining, Mobilicity, Cash Store, Cineworld, and Tacora Resources
    • Monitor, receiver and/or information officer counsel in numerous commercial insolvency restructurings, including Extreme Fitness, Tamerlane Ventures, Target Canada, Horsehead, FirstOnSite, Trade X and MAV Beauty


    Professional Affiliations

    • Law Society of Ontario
    • Turnaround Management Association