Tony Reyes has practised exclusively in corporate restructuring and insolvency since 1988. He and his group are well known for their business-oriented strategic advice, and provide both commercial support and litigation support.
Mr. Reyes has participated in numerous major Canadian and international restructurings and receiverships, in a broad range of industries, including mining, retail, auto parts manufacturing, shipbuilding, hospitality, real estate investment, construction, telecommunications, film, music recording/publishing and sports franchises. His mandates include both creditor-side and debtor-side work, as well as numerous mandates for statutory and court-appointed representatives (monitors, receivers and trustees).
Mr. Reyes chairs the Model Order Subcommittee for the Ontario Superior Court of Justice, Commercial List, which develops Model Insolvency Orders for use in Ontario. These Model Orders have been adopted by most jurisdictions in Canada. Mr. Reyes is certified by the Law Society of Upper Canada (Ontario) as a Specialist in Bankruptcy and Insolvency Law. He has served as an examiner for the Superintendent of Bankruptcy and as the national editor of the Commercial Insolvency Reporter.
He is Co-Chair of our Canadian restructuring and insolvency team.
Year of call
J.D., University of Toronto, 1986
B.A., Carleton University, 1983
Selected client work
Mr. Reyes has acted recently for the following clients:
- Nortel Networks, as Canadian counsel to the company in connection with its filing under the Companies’ Creditors Arrangement Act (CCAA), the filing of its US subsidiaries under Chapter 11 of the US Bankruptcy Code, and the filing of other subsidiaries under administration in the UK pursuant to the Insolvency Act 1986
- Quebecor World Inc. (now World Color Press Inc.) in its successful emergence from creditor protection under the CCAA in Canada and, in respect of certain US subsidiaries, Chapter 11 of the US Bankruptcy Code
- Ravelston Corporation Limited, as counsel to the company and to Conrad Black in seeking protection under the CCAA and the appointment of a receiver
- Bank of America Canada (Canadian counsel), the senior and DIP lender in the multi-jurisdictional restructuring of Waterford Wedgwood plc
- Canadian Shipbuilding & Engineering, as counsel to the monitor and then the trustee in the CCAA and bankruptcy proceedings
- The receiver in a shareholder dispute, receivership and a going-concern sale of a significant technology and manufacturing company (CashCode Co. Inc.)
- Trustee of Song Corporation, then Canada's largest music producer, recorder and distribution network
Rankings and recognitions
- Canadian Legal Lexpert Directory, 2012: recommended in Insolvency & Financial Restructuring
- Chambers Global: The World’s Leading Lawyers for Business, 2011, 2012: Restructuring/Insolvency
- IFLR (International Financial Law Review) 1000 - The Guide to the World’s Leading Financial Law Firms - Leading lawyer in insolvency and restructuring, 2012-2013
- Best Lawyers in Canada, 2012-2013 - Insolvency and Financial Restructuring
- PLC Which lawyer? 2011 - Restructuring and insolvency
- The International Who’s Who of Insolvency & Restructuring Lawyers, 2011-2012
Memberships and activities
- Insolvency Institute of Canada
- Ontario Superior Court of Justice, Commercial List
- Chair, Model Order Subcommittee
- Ontario Bar Association
- Insol International
- Past national editor and current Ontario editor of the Commercial Insolvency Reporter
- Canadian Superintendent of Bankruptcy
- Board of Examiners for the licensing of bankruptcy trustees