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Jeffrey Levine is an experienced litigator with a corporate commercial practice that focuses on restructuring, bankruptcy, director and officer obligations, banking and finance.

Known for his ability to resolve commercial disputes, Jeffrey is recognized for outstanding expertise in matters relating to insolvency or corporate restructuring. He regularly acts for creditors, debtors, purchasers, landlords and court officers in proceedings under the Companies’ Creditors Arrangement Act and the Bankruptcy and Insolvency Act.

With particular expertise in the oppression remedy, Jeffrey frequently represents companies, directors and officers in cases involving oppression, breach of fiduciary duty and negligence, most notably acting for a group of former directors and officers of Sino-Forest Corporation.

Appearing before all levels of court in Ontario, Jeffrey regularly argues cases before judges of the Toronto Commercial List and appears at arbitration forums.

Jeffrey is recognized as a leading lawyer under 40 by Lexpert (2020), by Benchmark Litigation: Canada (2020) as a future star, and as a leading lawyer to watch in the Canadian Legal Lexpert Directory (2020). He is a past chair of the Ontario Bar Association Insolvency Section.



Representative Matters

  • Succeeded in converting a CCAA proceeding into a receivership, acting for the fulcrum secured creditor
  • Acted for publicly traded Canadian corporation with operations throughout the United States in obtaining court approval of a plan of arrangement with creditors opposed by shareholders
  • Acted for a large municipal utility in the settlement of a multi-million delay liquidated damages claim within the CCAA proceeding of an international general contractor
  • Represented in Canada an official committee of equity security holders established under US bankruptcy law in a cross-border proceeding involving a multinational sport apparel manufacturer
  • Represented a major raw material supplier to a Canadian manufacturer that was the subject of CCAA proceedings
  • Represented a US-based landlord in a multi-million dollar contested claim against an insolvent guarantor of a disclaimed lease where the guarantor was the subject of CCAA proceedings
  • Acted for the debtor in CCAA proceedings, obtaining approval for DIP financing opposed by the company’s senior creditor
  • Acted for receivers and senior secured creditors in receiverships involving liquidations and going-concern sales
  • Represented the interests of landlords in receivership proceedings of insolvent tenants
  • At the Ontario Court of Appeal, obtained a declaration as to priority under the Personal Property Security Act for a secured equipment supplier
  • Advised all players in the construction pyramid on construction law issues including the requirement for holdback, lien rights, preservation and perfection of liens and vacating or discharging liens
  • Resolved, in court and out of court, disputes between corporate shareholders, landlords and tenants, manufacturers and distributors and employers and employees

Speaking Engagements

A Conversation with Tomorrow’s Legal Leaders: What Does it Meant to be an Effective Lawyer in 2021? – Panel Member

2020

Osgoode Construction Law Certificate Program – Intersection of Construction and Insolvency Law

2020 and 2019

CBA Insolvency Law Conference – Featured Panel Member – Bricks and Mortars: Even Giants Fall – Panel explored the issues that arise when retail fails

2018

Advocates’ Society Mentoring Dinner Series - Mentor

2018

Osgoode-Schulich JD/MBA Conference – Featured Panel Member – Confidentiality and Privacy Concerns in Business Transactions

2016

Teaching Engagements

  • January, 2021 – Delivered lecture on Plans of Arrangement, Oppression and Insolvency and Restructuring Litigation to students at the Faculty of Law, Queen’s University
  • 2020 and 2019 Osgoode Construction Law Certificate Program – Intersection of Construction and Insolvency Law
  • 2018 CBA Insolvency Law Conference – Featured Panel Member – Bricks and Mortars: Even Giants Fall – Panel explored the issues that arise when retail fails
  • 2018 – Advocates’ Society Mentoring Dinner Series – Mentor
  • 2016 Osgoode-Schulich JD/MBA Conference – Featured Panel Member – Confidentiality and Privacy Concerns in Business Transactions

News


Rankings & Recognitions

  • Recognized by the Best Lawyers in Canada (2021) as a leading lawyer in the area of Insolvency and Financial Restructuring Law
  • Recognized in the 2020 Canadian Legal Lexpert Directory as a Leading Lawyer to Watch in the area of Insolvency & Financial Restructuring: Insolvency Litigation
  • Winner in Lexpert’s 2020 Rising Stars Awards: Leading Lawyers Under 40
  • Recognized in the 2020 Benchmark Litigation: Canada Guide as a Future Star
  • Global Restructuring Review 2016 – 40 Under 40

Directorships & Affiliations

  • Ontario Bar Association – Chair of the Insolvency Section Executive Committee
  • Canadian Bar Association – Executive Member of the National Insolvency Section
  • Toronto Lawyers Association
  • The Advocates’ Society

Education & Admissions

2008
Called to the Ontario bar
2007
LLB University of Western Ontario
2004
B.Sc. (Honours, Space Communications Physics)York University

Publications

Insights by Jeffrey Levine (13 Posts)

Ontario Court of Appeal Interprets the TSX’s Majority Voting Requirement, Considers the Oppression Remedy, and Clarifies Set-off Rights

Apr 16, 2021

A recent decision of the Ontario Court of Appeal interprets the Toronto Stock Exchange (“TSX”) requirement that listed companies adopt a majority voting policy.

iAnthus Decision Changes the Landscape for Corporate Plans of Arrangement under the BCBCA by Permitting Third-Party Releases

Feb 23, 2021

The iAnthus decision affirmed by the Court of Appeal holds that a British Columbia company can use the BCBCA to restructure and obtain 3rd party releases.

Where the Restructuring Meets the Road: the Intersection Between Insolvency Proceedings and Construction Law

Mar 20, 2020

COVID-19 will strain the construction industry. This bulletin explores how insolvency and restructuring concepts interact with construction law.

Amendments to the CCAA, BIA and CBCA Now in Force

Nov 19, 2019

Authors discuss changes in 2019 to Canadian corporate and restructuring statutes and their possible implications for insolvency practice in Canada

Alberta Court of Appeal Ranks CCAA Super-priority Charges Ahead of CRA’s Deemed Trust, but Uncertainty Remains

Oct 22, 2019

Alberta Court of Appeal held super-priority charges granted in a Companies' Creditor Arrangement Act proceeding may take priority over statutory deemed trusts claims advanced by the Crown

Court Counsels Engagement with Creditor before Ruling on Proofs of Claim

Sep 16, 2019

Court offers guidance on approach to an appeal from a notice of disallowance or determination of a claim by a trustee under section s. 135(4) of the BIA.

Canadian Corporate & Restructuring Legislation: Changes Could be on the Way

May 10, 2019

Bill C-97 (the “Bill”) was introduced in Parliament to implement the federal budget tabled by the Liberal government on March 19, 2019.

The Queen v. Callidus Capital Corporation Overturned; Lenders Breathe a Sigh of Relief, But For How Long?

Nov 12, 2018

The decision, released in July 2017, was overturned on November 8, 2018 by the Supreme Court of Canada, offering sought-after certainty for secured lenders.

Your Halloween Edition: The Ghost of the Terminated GST/HST Deemed Trust

Nov 2, 2017

Your Halloween Edition: The Ghost of the Terminated GST/HST Deemed Trust

Broken Break Fee: Investor’s Claim for a Break Fee Denied in CCAA Proceeding

Feb 8, 2017

Broken Break Fee: Investor's Claim for a Break Fee Denied in CCAA Proceeding

Post Up: Creditor Ordered to Deposit Security for Costs in British Columbia Bankruptcy Proceeding

Oct 26, 2016

Post Up: Creditor Ordered to Deposit Security for Costs in British Columbia Bankruptcy Proceeding

Perfection is Critical to Maintaining Priority Over Judgment Creditors

Jun 17, 2016

Perfection is Critical to Maintaining Priority Over Judgment Creditors

Re MtGox: Using the BIA to Recognize Foreign Insolvency Proceedings

Jan 29, 2015

Re MtGox: Using the BIA to Recognize Foreign Insolvency Proceedings