Rachel Nicholson

Rachel Nicholson is a partner at Thornton Grout Finnigan LLP practising in restructuring and insolvency. She works with clients in distressed situations who seek her experience on a broad range of insolvency matters, including complex proceedings under the Companies’ Creditors Arrangement Act and Bankruptcy and Insolvency Act. Rachel also has extensive experience with cross-border and international mandates with a particular depth in US proceedings. Rachel was the first Canadian inductee in the American Bankruptcy Institute’s “40 under 40” Class (2024). According to Chambers Canada (2023), Rachel is “superb, practical and strategic.” Rachel was named as “Up and Coming” by Chambers Canada (2025 and 2024) and an “Associate to Watch” by Chambers Canada (2023). She was also included in Best Lawyers®: Ones to Watch in Canada in insolvency and financial restructuring law (2025, 2024, and 2023). She was an IWIRC Rising Star Semi-Finalist in 2018. Rachel previously served as chairwoman of the Turnaround Management Association’s Next Gen Committee (Toronto chapter), held various roles as a director with the IWIRC Ontario Network, and is a member of the International Insolvency Institute Next Gen Leadership Program.