SGM’s lawyers regularly represent unions and their members in complex bankruptcy and restructuring proceedings commenced by employers under the Bankruptcy and Insolvency Act (BIA) and the Companies’ Creditors Arrangement Act (CCAA).
Time is frequently of the essence in such proceedings and SGM’s experience in guiding and assisting unions through these processes when their collective agreements and pensions and statutory termination, severance, or vacation pay entitlements come under attack is invaluable. SGM’s lawyers will work closely with a union’s leadership and affected members to identify the options that will advance their interests in response to the ever-changing landscape in insolvency proceedings as well as setting realistic and achievable objectives.
SGM has acted on behalf of unions and salaried employees and other unrepresented individuals, as well as representative counsel for retirees, in a number of Canada’s largest and most significant CCAA proceedings over the course of the past decade, including: Air Canada, Nortel, Algoma, Ivaco, Slater Steel, Fraser Papers Inc., Collins & Aikman Canada Inc., Abitibi-Bowater, Royalcrest, Indalex and many more. SGM’s breadth of expertise is such that its lawyers can advise unions and their members on the vast array of issues that typically arise during the course of these lengthy BIA and CCAA proceedings.
