Chaitons LLP

CHAITONS LLP | www.chaitons.com | T: +1 416 222 8888 | F: +1 416 222 8402 Number of partners: 11Number of lawyers: 22Languages: English Firm Overview: Based in Toronto, Canada, Chaitons LLP has a substantial lending and recovery practice that has been involved in a significant number of the largest restructuring and receivership proceedings in Canada including cross-border proceedings. Chaitons is also well-known for its litigation, finance/M&A and commercial real estate practices. Its clients range across a broad spectrum and include Canadian and foreign banks, capital corporations, private equity firms, asset-based lenders and distressed lenders. The firm was formed in 1983, and has become a leader in providing quality service and effective solutions for its clients in workout, restructuring and enforcement proceedings, commercial litigation, and a broad range of financing transactions, including traditional corporate lending, asset-based financing, equity, structured finance, term lending, mezzanine financing and debtor-in-possession financing.Main Areas of Practice: Insolvency/ Restructuring: Recent engagements include representing:Indenture trustee in the Lightstream CCAA proceedingsSenior secured lender and DIP lender in the Comstock CCAP proceedingsReceiver in the cross-border Syncapse receivership proceedings including sale of business to a public companyPurchaser of cross-border business and assets of iMarketing Solutions GroupMonitor of New Solutions Financial Corporation, a distressed lender with over $220 million of secured debtPurchaser of assets in the Talon Systems group of companies insolvency proceedingsIndenture trustee in the Hollinger CCAA proceedingIndenture trustee in the Catalyst Paper CCAA proceedingIndenture trustee in the NewPage CCAA proceedingIndenture trustee in the Sino Forest CCAA proceedingUS Chapter 7 trustee in pension priority dispute in the Indalex CCAA proceeding, which was argued before the Supreme Court of CanadaPurchaser of the Gorham Paper Mill from Fraser Papers in its CCAA and Ch. 11 proceedingsPurchaser of assets in the NewPage CCAA proceedingCCAA Monitor of Gandi Innovation and related entities in their CCAA and Ch 15 proceedings and the sale of the business to AgfaNexient, a leading Canadian provider of corporate and public training services, in its CCAA proceeding and the sale of the business to Global KnowledgeClothing for Modern Times, a national clothing retailer, in its restructuring under the CCAASeveral different stakeholders in the Nortel restructuring proceedingsCourt-appointed monitors, receivers and trustees in bankruptcy in numerous Canadian insolvency proceedings Contact: Harvey Chaiton | 416 218 1129 | [email protected] Litigation: Chaitons’ broad commercial litigation practice includes expertise in matters related to insolvency, creditor enforcement of security, shareholder and partnership disputes, commercial disputes, contractual issues, real estate litigation and construction litigation.Contact: Stephen Schwartz | 416 218 1132 | [email protected] Finance/M&A: Chaitons’ Corporate Law Group provides a wide range of transaction-based corporate services to its clients, with an emphasis on financings, mergers and acquisitions and business arrangements. We represent lenders and investors across a full spectrum of financings including in respect of senior, subordinated and mezzanine financings, as well as asset-based, distress and debtor-in-possession lending.Recent engagements include representing clients in respect of:Acquisition of asset management group having assets under management in excess of $500 millionAcquisition by a TSX-listed corporation of one of Canada’s pre-eminent mid-market lendersAcquisition and financing by a Canadian merchant bank of a leading Canadian manufacturer of machined products Contact: Philip Taylor | 416 218 1125 | [email protected] Commercial Real Estate: Chaitons has a general commercial real estate practice with specialty in condominium development (including resort and fractional ownership), seniors housing development, leasing and acquisitions and divestures of income producing properties.Contact: Robert A Miller | 416 218 1134 | [email protected]