Chaitons LLP

Toronto, Ontario

2 The Best Lawyers in Canada awards

CHAITONS LLP | | T: +1 416 222 8888 | F: +1 416 222 8402

Number of partners: 11

Number of lawyers: 22

Languages: 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 proceedings
  • Senior secured lender and DIP lender in the Comstock CCAP proceedings
  • Receiver in the cross-border Syncapse receivership proceedings including sale of business to a public company
  • Purchaser of cross-border business and assets of iMarketing Solutions Group
  • Monitor of New Solutions Financial Corporation, a distressed lender with over $220 million of secured debt
  • Purchaser of assets in the Talon Systems group of companies insolvency proceedings
  • Indenture trustee in the Hollinger CCAA proceeding
  • Indenture trustee in the Catalyst Paper CCAA proceeding
  • Indenture trustee in the NewPage CCAA proceeding
  • Indenture trustee in the Sino Forest CCAA proceeding
  • US Chapter 7 trustee in pension priority dispute in the Indalex CCAA proceeding, which was argued before the Supreme Court of Canada
  • Purchaser of the Gorham Paper Mill from Fraser Papers in its CCAA and Ch. 11 proceedings
  • Purchaser of assets in the NewPage CCAA proceeding
  • CCAA Monitor of Gandi Innovation and related entities in their CCAA and Ch 15 proceedings and the sale of the business to Agfa
  • Nexient, a leading Canadian provider of corporate and public training services, in its CCAA proceeding and the sale of the business to Global Knowledge
  • Clothing for Modern Times, a national clothing retailer, in its restructuring under the CCAA
  • Several different stakeholders in the Nortel restructuring proceedings
  • Court-appointed monitors, receivers and trustees in bankruptcy in numerous Canadian insolvency proceedings

Contact: Harvey Chaiton | 416 218 1129 |


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 |


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 million
  • Acquisition by a TSX-listed corporation of one of Canada’s pre-eminent mid-market lenders
  • Acquisition and financing by a Canadian merchant bank of a leading Canadian manufacturer of machined products

Contact: Philip Taylor | 416 218 1125 |

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 |

Management & Demographics
Women: 1
Men: 12
Caucasian: 13
Of Counsel
Men: 1
Women: 6
Asian: 1
Men: 2
Caucasian: 7
Other Lawyers
Women: 1
Men: 1

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  • Asset-Based Lending Practice
  • Banking and Finance Law
  • Class Action Litigation
  • Commercial Leasing Law
  • Corporate and Commercial Litigation
  • Corporate Governance Practice
  • Corporate Law
  • Director and Officer Liability Practice
  • Equipment Finance Law
  • Insolvency and Financial Restructuring Law
  • Leveraged Buyouts and Private Equity Law
  • Real Estate Law
  • Securities Law
  • Venture Capital Law

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  • Receiverships Law Firm of the Year: Ontario from Aquisition International

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