Published May 28, 2021
This complex matter involved restructuring mining operations and the insolvency sale of assets for US$1.4 billion.
Our multidisciplinary team was the Alberta counsel for this transaction. We worked on debt restructuring, tax structuring, a credit bid acquisition, and transactional logistics, which included:
The successful restructuring and sale allowed the business to gain more financial flexibility, a stronger balance sheet and preserve about 1000 jobs.