Use of Roll-ups in Canadian CCAA Cases Is Hotly Debated
Share
Use of Roll-ups in Canadian CCAA Cases Is Hotly Debated
By Caitlin Fell, Partner, Brauti Thorning Zibarras LLP & Ken Rosenstein, Partner, Aird & Berlis LLP
When an insolvent company contemplates filing for creditor protection under one of Canada’s principle restructuring statutes, it may require interim financing or, as more typically referred to in the U.S., debtor-in-possession (DIP) financing. The availability of, and allowance for, DIP...
We hope you enjoyed your free content!
To continue, please become a TMA member.
Access the Journal of Corporate Renewal and other content in the Learning Link.
Become part of a global organization of turnaround and restructuring professionals with 54 Chapters and more than 400 events each year.
Build your personal brand and professional network with opportunities to connect, speak, lead, and win awards.
Kenneth R. Rosenstein is a partner with Aird & Berlis in Toronto. As a senior member of the firm’s Financial Services Group, his practice focuses on all areas of corporate and commercial finance, restructuring, and creditor enforcement matters. He has extensive experience representing lenders and borrowers in matters regarding asset-based, syndicated, senior secured, mezzanine, subordinated debt, and quasi-equity financings, both domestic and cross-border.
Caitlin Fell is a partner with Brauti Thorning Zibarras LLP in Toronto. She practices primarily commercial law with an emphasis on bankruptcy, insolvency, restructurings, secured transactions, reorganizations, workouts, and debtor/creditor law. Fell has been involved in multijurisdictional proceedings under both the Companies’ Creditors Arrangement Act and the Bankruptcy and Insolvency Act, acting for debtor corporations, lending syndicates, purchasers, and court officers.
