Restructuring
Goodmans Restructuring Group is the largest in Canada and is widely and consistently recognized as Canada’s top restructuring and insolvency practice. For 21 consecutive years, Chambers Global has ranked Goodmans Restructuring Group as Canada's #1 and most experienced restructuring practice.
We were named “Restructuring Firm of the Year” for Canada at the IFLR Americas Awards 2021. We are consistently ranked as Canada’s market leader by several other international publications.
We have played a significant role in substantially all of the leading insolvency cases in Canada and have acted on more restructurings than any other Canadian law firm.
Our strategic, common sense approach is informed by our transactional and capital markets dominance in Canada. We have cross-functional abilities with “down the hall” experts in our top-ranked practices, such as M&A, corporate finance, banking, real estate, securities, tax and litigation, among other practices. We provide strategic solutions that include a broad range of financing and restructuring alternatives, corporate plans, exchange offers and other material transactions.
We are consistently engaged in complex restructuring and insolvency mandates across Canada and across industry sectors. Our domestic and international clients include private and public companies, noteholders, purchasers, investors, lenders, private equity firms, special committees, court-appointed officers, industry regulators, institutional funds, governments and other key parties.
Explore People in Restructuring
Meet our teamFeatured Work
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Restructuring
Contract Pharmaceuticals CCAA proceedings and sale to Aterian Investment Partners
Goodmans LLP acted as counsel to Contract Pharmaceuticals Limited and its affiliates in connection with their CCAA proceedings and other restructuring… -
Restructuring
Wayland Group CCAA restructuring
Goodmans LLP represented the senior creditors in connection with the CCAA restructuring of Wayland Group and the acquisition of its operating business by Ring… -
Restructuring
LoyaltyOne cross-border restructuring
Goodmans LLP is counsel to KSV Restructuring Inc. in its capacity as court-appointed monitor of LoyaltyOne, Co. in its restructuring proceedings under the Companies’ Creditors Arrangement Act before… -
Restructuring
Ayr Wellness cross-border restructuring
Goodmans LLP acted as Canadian counsel to the Ad Hoc Committee Senior Noteholders of Ayr Wellness Inc. and Ayr Wellness Canada Holdings Inc. in connection with the negotiation and structuring of the… -
Restructuring
MAV Beauty Brands Inc.'s restructuring proceedings
Goodmans LLP acts for Alvarez & Marsal Canada Inc. in respect of MAV Beauty Brands Inc., a publicly traded global hair care and personal care company focused on managing a diversified portfolio of… -
Mergers and Acquisitions
FASHIONPHILE acquires LXRandCo, Inc. Business
Goodmans LLP acted for FASHIONPHILE, LLC in connection with its acquisition of the inventory, intellectual property assets, including domains, and other intangible assets of LXRandCO, Inc…
Insights
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Restructuring
International Comparative Legal Guide - Restructuring & Insolvency 2024, Canada Chapter
Joseph Pasquariello and Andrew Harmes co-authored the Canada Chapter of International Comparative Legal Guide - Restructuring & Insolvency 2024. The Canada chapter covers common issues in… -
Restructuring
ICLG - Restructuring & Insolvency Laws & Regulations Canada 2023-2024
Joseph Pasquariello and Andrew Harmes co-authored the Restructuring & Insolvency Laws & Regulations Canada 2023-2024.This chapter covers common issues in restructuring and… -
Restructuring
International Comparative Legal Guide - Restructuring & Insolvency 2023, Canada Chapter
Joseph Pasquariello and Andrew Harmes co-authored the Canada Chapter of International Comparative Legal Guide - Restructuring & Insolvency 2023. The Canada chapter covers common issues in… -
Employment, Pensions and Executive Compensation
Bill C-228: The Pension Protection Act – It’s Time to Prepare
Bill C-228, An Act to amend the Bankruptcy and Insolvency Act, the Companies’ Creditors Arrangement Act and the Pension Benefits Standards Act, 1985, or the Pension Protection Act (PPA) in short… -
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… -
Restructuring
ICLG - Restructuring & Insolvency Laws & Regulations - Canada Chapter
Joseph Pasquariello and Andrew Harmes co-authored the Canada Chapter of ICLG - Restructuring & Insolvency Laws & Regulations - 16th Edition.The chapter covers common issues…
Awards & Recognition
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Chambers Canada Band 1, Restructuring/Insolvency 2025
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The Legal 500 Canada Tier 1, Restructuring & Insolvency 2025
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Best Law Firms - Canada Recognized, Insolvency and Financial Restructuring Law 2025
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The Globe and Mail’s Canada’s Best Law Firms List Recognized, Restructuring & Insolvency 2025
News & Events
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Banking and Financial Services
Goodmans Once Again Receives Top-Tier Recognition from The Legal 500 Canada
We are pleased to announce Goodmans LLP has once again received top-tier recognition from The Legal 500 Canada in their 2025 Guide released today.Recognition from The Legal 500 is based on independent… -
Banking and Financial Services
Goodmans Recognized in the Inaugural Edition of Best Law Firms - Canada 2025
Goodmans is delighted to share we are featured in the inaugural edition of Best Law Firms - Canada 2025, recognizing us as one of the country’s exceptional law firms across 40 industries and practices… -
Banking and Financial Services
Goodmans Continues to be named one of Canada’s Best Law Firms for 2025
We are pleased to announce Goodmans continues to be featured on The Globe and Mail’s Canada’s Best Law Firms list, recognizing us as one of the country’s best law firms for 2025.Goodmans was listed…