Peter J. Reardon

Associate Counsel

E: preardon@nst.ca
T: 778.328.8940

  • Biography
  • Experience

Peter J. Reardon is one of Canada’s leading bankruptcy and insolvency lawyers.  He joined NST in January 2020, before which he was a partner and the former chair of the Litigation Group in the Vancouver office of a national law firm and co-chair of that firm’s Restructuring and Insolvency Group. Peter specializes in insolvency and restructuring law and has extensive experience in commercial matters, banking litigation, conflicts of law, administrative and constitutional law.

Peter has represented clients at all levels of court including appellate litigation in the British Columbia Court of Appeal, the Federal Court of Canada, Appeal Division and the Supreme Court of Canada. He has also appeared in the Supreme Court of Yukon.

Education
  • British Columbia Bar, 1978
  • LL.B., Dalhousie University, 1976
  • B.A., B.Com., Saint Mary’s University, 1973
Recognition
  • Lawyer of Year, Insolvency and Financial Restructuring, Best Lawyers in Canada, 2014 and 2020.
  • Recognized as a leader in Insolvency and Restructuring Law by Best Lawyers in Canada, Canadian Legal Lexpert Directory and Who’s Who Legal.
  • Highly ranked by Lexpert in Insolvency Litigation
Community Involvement
  • Member, Insolvency Institute of Canada
  • Canadian Bar Association, Insolvency Subsection
  • Canadian Insolvency Foundation
  • International Association of Restructuring, Insolvency & Bankruptcy Professionals
  • Turnaround Management Association
Cases of Interest
  • Quest University Canada (Re), 2020 BCSC 921
    Acted for Southern Star Developments Ltd. in successfully defending against a request for rent deferral by Quest University in the context of proceedings under the Companies’ Creditors Arrangement Act.
  • 1057863 B.C. Ltd. (Re), 2020 BCSC 1359
    Acts for Paper Excellence Canada Holdings Corporation, parent of the Petitioners, in CCAA proceedings relating to Northern Pulp Nova Scotia Corporation and others.
  • First National Financial GP Corp. v 0734763 B.C. Ltd., 2020 BCSC 1349
    Acts for the owner of a development property in Surrey, BC in foreclosure proceedings brought by the 1st mortgage holder.
  • Great Basin Gold Ltd. (Re), 2012 BCSC 1459
    Acted for the debtor company, in a CCAA proceeding.
  • Inex Pharmaceuticals Corporation, 2005 BCSC 1514, 2006 BCSC 244, 2006 BCCA 108, 2006 BCCA 265, 2006 BCCA 267, 2006 BCSC 1729, 2007 BCCA 161
    Acted in successfully opposing two bankruptcy petitions and receiving approval of a Plan of Arrangement under the Business Corporations Act.
  • Walter Energy Canada Holdings Inc. (Re), 2018 BCSC 1135
    Acted for KPMG Inc. as Monitor of Walter Energy and related entities in proceedings under the Companies’ Creditors Arrangement Act (CCAA).

In addition to the above matters, Peter:

  • Acts for the two largest unsecured creditors in the All Canadian Investment Corporation CCAA proceeding.
  • Was appointed Amicus Curiae by the Court in the CCAA proceeding of 0891775 B.C. Ltd. (formerly Harvest Fraser Richmond Organics Ltd.).
  • Acts for The Bowra Group Inc., receiver of Canadian Integrated Agriculture Inc.
  • Acts for the Bowra Group, receiver manager of Conian Developments (La Voda) and (La Voda II)
  • Acted for Ernst & Young Inc. in the bankruptcy and proposal proceeding of Marine Drive Properties Ltd.
  • Acted for JP Morgan, the major lender and DIP Lender in the CCAA proceeding brought by Catalyst Paper.
  • Acted for Clearly Canadian Beverage Corp. in successful restructuring under proposal provisions of Bankruptcy and Insolvency Act.
  • Acted for Deloitte & Touche Inc., monitor of Evergreen Gaming Corporation in CCAA proceeding
  • Acted for Teck Cominco Limited (Teck) when it completed the acquisition of Global Copper Corp. by way of a plan of arrangement for aggregate proceeds of approximately $415 million payable in cash and Class B subordinate voting shares of Teck.
  • Acted for Sierra Systems Group Inc. when acquired by Golden Gate Capital.
  • Acted for Glamis Gold in its Plan of Arrangement with Goldcorp Inc.
  • Acted for one of two secured creditors of New Skeena Forest Products in CCAA, receivership and bankruptcy proceeding.
  • Acted for secured creditor in Pine Valley Mining CCAA proceeding.
Publications and Presentations
  • Panelist, 17th Annual Review of Insolvency Law, February 2020 (“How Many Ways Can You Slice a Pie? A Look into Professional Fees and Who is Entitled to a Charge”).
  • Panelist, 16th Annual Review of Insolvency Law, February 2019 (“UFCW v. Rose of Sharon: Do Receivers Have a Duty to Bargain”)
  • Panelist, CBA Pan-Canadian Insolvency and Restructuring Law Conferences in Halifax, 2012, Calgary, 2013, and Quebec City, 2014
  • Assigning Contracts in Canadian Insolvency Proceedings: Restructuring and Insolvency Bulletin, July 2014
  • Training course of the Law Society of British Columbia
  • Lecturer, BC Branch of the CBA Insolvency Subsection
  • Lecturer, McMillan in-house seminar series (various)