Insolvency & Bankruptcy

When a business faces financial distress, the path forward is rarely straightforward. Whether the goal is to stabilize operations, restructure obligations, or wind down efficiently, the right legal strategy can significantly impact outcomes for all stakeholders.

At Perley-Robertson, Hill & McDougall LLP/s.r.l., our restructuring and insolvency practice is led by Joël Turgeon, Partner and Head of the Firm’s Restructuring and Insolvency Group. Joël brings a national, bilingual practice spanning Ontario and Québec, with experience advising on complex insolvency matters across multiple jurisdictions.

Strategic Advice Across the Full Insolvency Lifecycle

We advise clients at every stage of financial distress, from early-stage risk mitigation through to formal proceedings and recovery. Our approach is practical, strategic, and tailored to the unique pressures facing each client.

We regularly act for:

• • Debtor companies navigating restructuring or insolvency
• • Secured and unsecured creditors
• • Court-appointed officers, including receivers and trustees
• • Financial institutions and lenders
• • Purchasers of distressed assets and DIP lenders
• • Directors, officers, and other stakeholders

Core Areas of Expertise

Our restructuring and insolvency services include:

• • Proceedings under the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act
• • Corporate restructurings and turnaround strategies
• • Receiverships (private, court-appointed, and forensic)
• • Debtor-in-possession (DIP) financing
• • Distressed M&A and asset acquisitions
• • Enforcement of security and realization strategies
• • Priority disputes and competing creditor claims
• • Fraudulent conveyances, preferences, and recovery actions
• • Directors’ liability and risk management
• • Cross-border and multi-jurisdictional insolvency matters
• • Construction insolvencies and lien claims
• • Employment, pension, and related claims in insolvency contexts

Recognized Leadership in Insolvency & Restructuring

Joël Turgeon represents a broad range of stakeholders in restructuring, receivership, and bankruptcy proceedings, including complex matters under the Companies’ Creditors Arrangement Act. He regularly appears before the Ontario Superior Court of Justice (including the Commercial List), as well as appellate and superior courts in both Ontario and Québec.

Recognized by his peers in Best Lawyers: Ones to Watch in Insolvency and Financial Restructuring, Joël is an active member of leading industry organizations, including the Canadian Bar Association and the Turnaround Management Association. He is also a frequent contributor to legal publications and industry panels.

His combined expertise in Québec civil law and Ontario common law provides clients with a distinct advantage in cross-provincial and national mandates.

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Joël Turgeon Partner, Head of Restructuring and Insolvency Group

A Practical, Results-Oriented Approach

Insolvency situations require more than legal knowledge, they demand sound judgment, responsiveness, and a clear understanding of business realities.

We work closely with clients to:

• • Preserve enterprise value where possible
• • Maximize recoveries for creditors
• • Minimize disruption and risk
• • Navigate complex stakeholder dynamics with clarity and confidence