Corporate Work-outs & Security Realization



Our expertise in secured financing and lending transactions as well as in​ litigation and insolvency matters allows us to identify potential issues regarding realization of security, and implement ​solutions that remain effective in ​situations of all type.

We provide guidance at every phase of ​debt recovery and ​security realization, including​: ​

  • advising clients with respect to enforceability of security and improving their security position;
  • terminating the lending relationship;
  • drafting various agreements that allow time for out-of-court restructuring and monitoring of the borrower’s operations, including forbearance agreements​;
  • ​issu​ing any necessary demands and notices;
  • coordinati​ng effective realization of security with other creditors​, and advising clients regarding priorities between creditors​;
  • ​acting for clients in unsecured debt recovery matters of all types, including obtaining judgment and working with bailiffs for judgment enforcement; and
  • obtaining the voluntary or forced surrender of property and​ ​advising clients with respect to ​receivership proceedings​, and proceedings under the Bankruptcy and Insolvency Act and the Companies' Creditor Arrangement Act as a mechanism for realization.