Securities Litigation


In Canada, securities are governed by numerous and complex legislation, regulations, instruments and policies. Holders and traders of corporate securities often require protection, such as from unfair treatment by the issuer of those securities, or measures taken by regulatory authorities. Proper legal representation is critical.

We provide practical and insightful advice to institutional and retail investors, shareholders, debentureholders and other creditors, to help them navigate through this increasingly complicated sphere of litigation. We have extensive experience in high-stake files in a broad range of sectors.

Some of our notable previous mandates have involved representing the following clients:

  • debentureholders of Bell Canada from trial to the Supreme Court of Canada in contesting what would have been, at approximately $52 billion, at the time the world’s largest leveraged buyout;
  • convertible debentureholders of Yellow Media Inc. to contest a plan of arrangement;
  • a large group of subordinated perpetual debtholders in Air Canada CCAA proceedings; and
  • parties subject to investigations, freeze and cease-trade orders and other proceedings by the Quebec securities regulator, the Autorité des marchés financiers, before the Tribunal administratif des marchés financiers, the Court of Quebec, the Superior Court and the Court of Appeal.