Insolvency and Restructuring
Creative solutions are needed when a corporation becomes insolvent and requires restructuring. Billington Barristers can service your needs in a wide range of corporate insolvency, restructuring and bankruptcy matters, including:
- Receiverships – working with Receivers to monitor assets of insolvent businesses under Court supervision.
- Bankruptcy and Insolvency Act – working with Trustees in Bankruptcy, secured creditors and petitioning debtors in Proposals under the BIA.
- Companies Creditors Arrangement Act (“CCAA”) – representing Monitors, Petitioning creditors and other stakeholders in restructuring ongoing businesses facing financial distress..
- Business Corporations Act - advancing Plans of Arrangement, conducting in camera investigations in circumstances where fraud or oppressive conduct is suspected.
Richard Billington, QC has substantial experience in insolvency and restructuring matters. He has acted for parties in a wide range of industries including oil and gas companies, oil field service providers hotel chains, financial institutions, airlines and bus lines.