Grant B. Moffat

Grant B. Moffat

Thornton Grout Finnigan LLP

Recognized since 2015

Toronto, Ontario

Practice Areas

Insolvency and Financial Restructuring Law

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Grant is a leading practitioner in the areas of insolvency, restructuring and banking law with a particular emphasis on the exercise of creditors' rights. He frequently acts for chartered banks, insurance companies and other financial institutions and as independent counsel to court officers, such as receivers, bankruptcy trustees and monitors in CCAA proceedings.


  • Chambers Global The World's Leading Lawyers for Business (Restructuring/Insolvency)
  • Chambers Canada Leading Lawyers for Business (Restructuring/Insolvency)
  • The Canadian Legal Lexpert Directory (Insolvency Litigation & Financial Restructuring)
  • The Best Lawyers in Canada® (Insolvency & Financial Restructuring)
  • Rated as Preeminent by Martindale-Hubbell.
  • Member of the Insolvency Institute of Canada


  • Acted as counsel to the intervener The Insolvency Institute of Canada in the appeal to the Supreme Court of Canada in Callidus Capital Corp v. Canada.
  • Advised the DIP Lender and plan sponsor in the CCAA proceedings for the Bloom Lake and Wabush Mines.
  • Advising the monitor in the CCAA proceedings for Dundee Oil and Gas Limited.
  • Acted as the court-appointed representative counsel to the Redstone Capital Corporation investors in connection with a motion to substantively consolidate the estates of three related Redstone entities.
  • Advised the senior lending syndicate in the CCAA proceedings for Index Energy Mills Road Corporation.
  • Advised the senior secured lender and DIP Lender in the CCAA proceedings for Co-op Atlantic.
  • Advised the lending syndicate and DIP Lender in the CCAA proceedings for Mady Collier Centre Ltd.
  • Advised the DIP Lender in the CCAA proceedings for U. S. Steel Canada Inc.
  • Advised the court-appointed Chief Restructuring Officer in the CCAA proceeding for the Northstar Aerospace group of companies.
  • Advised the senior secured lender in the CCAA proceeding for Extreme Fitness, Inc.
  • Advising the Monitor in the CCAA proceeding for the Valle Foam Industries group of companies, manufacturers of foam products and defendants in a series of class actions commenced in Canada and the United States.
  • Advising the Monitor in the CCAA proceeding for Olympus United Funds Corp., commenced by its Court-appointed Receiver to implement a multi-million dollar settlement with the company's former auditors.
  • Advising the Court-appointed Receiver of the Norshield group of companies, part of a hedge fund investment structure which raised more than $130 million from retail investors in Canada and involves cross-border proceedings in the United States, Barbados and the Commonwealth of the Bahamas.


Grant is a speaker and writer for various professional associations in matters relating to insolvency law and is a contributor to the Lexis Practice Advisor (Asset Purchase Agreements). Recent papers and presentations include:

  • Panelist, The Troublesome Class Action/CCAA/Bankruptcy Overlap (12th National Symposium on Class Actions, 2015)
  • "Managing the Claims of Taxing Authorities in Insolvency Proceedings" (Journal of the Insolvency Institute of Canada, Volume 3, 2014)
  • Moderator, 2014 TMA Panel on CRA Claims in Insolvency Proceedings
  • Panelist, The Creative Use of CBCA Plans of Arrangement (2014, OBA Insolvency Section Annual Retreat)
  • "Conducting Corporate Reorganization under Trinidad & Tobago's Reformed Insolvency Legislation" (Trinidad & Tobago, World Bank Technical Assistance Project, 2014)
  • "Chief Restructuring Officer" or "Cost-Effective Restructuring Option" (see INSOL International newsletter, July 2012)
  • "Priority of BIA Charges" (Canadian Institute 2010)
  • "Enforcing Security: Creative Remedies" (Osgoode Intensive Course in Insolvency and Restructuring 2009)
  • "Key Elements of Forbearance Agreements" (Commercial Loan and Finance Security Conference 2009)
  • "Brokerage Firm Insolvency" (2009 World Bank Insolvency and Creditor Rights Task Force - Working Group on Insolvency of Non-Bank Financial Institutions)

Contact & Links


  • 100 Wellington Street West. Suite 3200
    Toronto-Dominion Centre
    P.O. Box 329
    Toronto, ON M5K 1K7

Bar Admissions

  • Ontario, 1991

Recognized in The Best Lawyers in Canada 2022 for work in:

  • Insolvency and Financial Restructuring Law

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