Joe Pasquariello

Joe Pasquariello

Partner at Goodmans LLP
(416) 597-4216
(416) 979-1234
333 Bay St, Suite 3400, Bay Adelaide Ctr, W Twr, Toronto, ON
Year called to bar: 1996 (ON)
Partner and a head of the Restructuring Group at Goodmans. Practises in the areas of commercial insolvency, restructuring, bankruptcy, insolvency litigation and financial services. Represents a wide range of parties as bankruptcy and insolvency litigation counsel. Advisor to debtors, creditors, monitors, receivers, trustees and potential purchasers in restructuring matters. Has played a pivotal role in several high-profile, complex domestic, cross-border, and international restructurings and financings over the past few years such as Hudson’s Bay, Canacol Energy, Xplore Inc., Yellow Corp., SaltWire, WeWork, Instant Brands, Canopy Growth, Cirque du Soleil, Harte Gold, Cyxtera, Dunn Paper, Neovia Group, Tailored Brands, Skillsoft, Nortel Canada, and Catalyst Paper. Awarded IFLR Canada and Canadian Law Awards Restructuring Deals of the Year. Recognized by Chambers & Partners, The Legal 500 Canada, Best Lawyers in Canada, Lawdragon 500 Leading Global Restructuring & Insolvency Lawyers, Euromoney’s Guide to the World’s Leading Lawyers in Banking, Financial and Transactional Law, IFLR1000, Lexology Index: Canada, Lexpert, and Lexpert Special Editions: Insolvency & Restructuring and Litigation. Member of III, IIC, INSOL International, TMA, LSO, CBA, and OBA Insolvency Section.
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Reverse vesting orders, US opioid cases impact cross-border proceedings: insolvency lawyers
Developing Canadian and US case law is changing the tools and strategies of insolvency proceedings
Nortel Networks Corporation (Nortel Canada) is the Canadian parent company of what was one of the largest telecommunications businesses in the world. In early 2009, formal insolvency proceedings were commenced in Canada, the United States and England, among other places. Nortel’s worldwide business was liquidated through a number of Court-approved sales of its business units and a US$4.5-billion sale of its residual patents, resulting in US$7.3 billion of global sale proceeds to be allocated amongst the Nortel debtor companies in Canada, the United States and Europe.