Kenneth S. Atlas  

Partner

Executive Summary

Kenneth S. Atlas is a partner in BLG’s Banking and Financial Services Group, practising in both the Montréal and Toronto offices. He specializes in banking, secured and unsecured debt financing, project finance, corporate restructuring, bankruptcy and insolvency, and venture capital. He has represented numerous loan syndicates in connection with such matters, including loans and insolvencies in multiple jurisdictions.

Representative Work

  • Representing a syndicate co-led by RBC Capital Markets and TD Securities in connection with a $2.6-billion financing of Bell Canada.
  • Representing Citibank, TD Securities and others in connection with the financing of the (aborted) take-over of BCE Inc. (in excess of $30 billion).
  • Representing a syndicate led by RBC Capital Markets, CIBC and The Bank of Nova Scotia in connection with a $600-million financing of Dollarama Inc.
  • Representing two syndicates led by BMO Capital Markets in connection with the financing of two privately held multinational companies with operations in over 15 countries.
  • Representing a syndicate led by The Toronto-Dominion Bank in connection with the $90‑million project financing of a biomass power plant in Québec.
  • Representing an important stakeholder in connection with Abitibi Consolidated’s CCAA proceedings.
  • Representing Bear Stearns in connection with its financing of the takeover of Reuters PLC by Thomson Corp.
  • Representing Société Générale (Canada) in connection with the insolvency of Quebecor World Inc.
  • Representing John Hancock Life Insurance Company in the monetization of a $100‑million sponsorship agreement entered into with Bell Canada, to provide Bell with advertising prominence in the home arena for the Montréal Canadiens hockey team. Parties included the Canadiens, the NHL, Molson Breweries and many others.
  • Advising a syndicate of Canadian banks led by Bank of Montreal in providing $1.125-billion acquisition financing for the purchase of Brazilian brewer Kaiser by Molson Breweries.

Publications & Presentations

  • Co-Author, “Cross-border lending in Canada,” LexisPSL Banking and Finance Guide, 2014.
  • ​Speaker, “Sharpening your Skills – Current Challenges and Opportunities in Conducting Business in the Americas,” Canadian Corporate Counsel Association World Summit, April 2012.
  • Speaker, “Using CBCA Arrangements as an Alternative to Bankruptcy and CCAA Proceedings,” Insolvency Institute of Canada Annual Meeting, September 2011.
  • Speaker, “New Players in Insolvency,” Canadian Association of Insolvency and Restructuring Professionals Annual Meeting, August 2011.
  • Speaker, “Analyse d’une restructuration réussie sous la Loi sur les sociétés par actions, des stratégies utilisées et de leur applicabilité aux entreprises de toute taille,” The Canadian Institute Annual Insolvency Law Conference, October 2010.
  • Speaker, “Drafting and Negotiating Loan Agreements,” The Canadian Institute, January 2009.
  • Author, “DIP Super-Priorities and the Secured Creditor’s Dilemma,” Annual Review of Insolvency Law 2009, Carswell.
  • Author, “Canadian Bankruptcy and Insolvency: DIP Financing, Automatic Stays and Personal Jurisdiction,” National Creditor/Debtor Review, 1997.
  • Author, “Consensual Protection for the Prepaying Buyer in Québec,” Canadian Business Law Journal, 1985-86.
  • Author, “The Race to the Swiftest? Entitlement to the Possession of the Property of a Bankrupt,” (1985) 56 CBR (NS) 217.
  • Author, “The Vendor of Movables in Québec: His Protection and Privileges,” (1982) R. du B. 597.

Rankings & Recognitions

  • Recognized as a 2017 Acritas Star.
  • Selected by peers for inclusion in the 2018 edition (and since 2006) of The Best Lawyers in Canada® (Banking and Finance Law, Insolvency and Financial Restructuring Law, Project Finance Law).
  • Recognized as a leading banking and finance lawyer in the 2017, 2016, 2015 and 2014 editions of The Legal 500 Canada.
  • Recognized in the 2017 and 2016 edition of Chambers Canada  Canada's Leading Lawyers for Business (Banking & Finance).
  • Recognized in the 2017, 2016, 2015 and 2014 editions of IFLR1000  The Guide to the World’s Leading Financial Law Firms (Banking).
  • Recognized in the 2017, 2016, 2015, 2014 and 2013 editions of Chambers Global  The World's Leading Lawyers for Business (Banking & Finance).
  • Recognized in the 2017, 2016, 2015, 2014 and 2013 editions of the Lexpert® Canada/US Cross-Border Corporate Lawyers in Canada (Banking and Financial Institutions).
  • Recognized in the 2017, 2016, 2015, 2014 and 2013 editions of The Canadian Legal Lexpert® Directory (Banking and Financial Institutions, Project Finance).
  • Recognized in the 2016, 2015, 2014 and 2013 editions of Who's Who Legal: Canada (Banking).
  • Recognized in the 2016 edition of Who's Who Legal: Banking.
  • Recognized in the 2015 and 2014 editions of the Lexpert®/American Lawyer Guide to the Leading 500 Lawyers in Canada® (Banking and Financial Institutions).
  • Recognized in the 2015 Lexpert®/Report on Business Special Edition on Infrastructure.
  • Recognized as the 2014 Montreal Banking and Finance Lawyer of the Year by The Best Lawyers in Canada®. 
  • Martindale-Hubbell® BV® Distinguished™ 4.4 out of 5 Peer Review Rated.