Magnus Verbrugge

Magnus C. Verbrugge  

Partner

Executive Summary

Magnus Verbrugge is Regional Group Manager of the Financial Services Group in our Vancouver office. Magnus practises in the areas of bankruptcy and insolvency, and commercial lending. He represents debtors, creditors, trustees and monitors in a broad range of restructuring proceedings under the Companies’ Creditors Arrangement Act and the Bankruptcy and Insolvency Act. He acts for financial institutions, borrowers and private lenders in a wide variety of secured-financing transactions, including syndicated loans, leveraged buy-out transactions, and asset-based lending. Magnus also acts for financial institutions, debtors, bankruptcy trustees and receivers in connection with foreclosures, receiverships, bankruptcies and realizations. He is recognized as a leading lawyer in his practice areas by the foremost legal rankings directories. 

Representative Work

  • Acted as lead debtor’s counsel in numerous restructuring proceedings, including those of Mariposa Stores Limited Partnership (CCAA); Seanix Technology Inc. (BIA Proposal); Pacific Salmon Industries (CCAA); NEMI Northern Energy & Mining Inc. (CCAA); Twinstrand Therapeutics Inc. (BIA Proposal); Blackburn Developments Ltd. (CCAA); Meinhardt Fine Foods Inc. (BIA Proposal).
  • Acted for a syndicate of lenders in connection with a $600,000,000 senior debt and bond offering by an entertainment company.
  • Acted for the Canadian lenders in a cross-border $650,000,000 senior debt financing of an industrial sector company.
  • Acted as borrower’s counsel in an $80,000,000 senior debt financing of an aviation services company.
  • Acting as Canadian counsel for the acquiror in the financing of a $115,000,000 acquisition of a manufacturing company.
  • Acted as counsel for the lending syndicate in a $50,000,000 syndicated senior financing and $15,000,000 subordinate financing in connection with the acquisition of a building products company.
  • Acted as counsel for the lending syndicate in a $60,000,000 financing of a retail business.
  • Acted as counsel for the lending syndicate in a $96,000,000 financing in connection with the acquisition of an oil and gas services company.
  • Acted as counsel for the lending syndicate in a $70,000,000 financing in connection with the acquisition of a building materials company.

Rankings & Recognitions

  • Recognized in the 2017 edition of IFLR1000 – The Guide to the World's Leading Financial Law Firms (Financial Restructuring, Capital Markets: Debt, Banking).
  • Selected by peers for inclusion in the 2017 edition (and since 2009) of The Best Lawyers in Canada® (Banking and Finance, Insolvency and Financial Restructuring).
  • Recognized in the 2017 and 2016 editions of Chambers Canada – Canada's Leading Lawyers for Business (Restructuring/Insolvency).
  • Recognized in the 2017 and 2016 editions of the Legal 500 Canada (Restructuring and Insolvency).
  • Recognized in the 2017 edition (and since 2013) of Chambers Global – The World’s Leading Lawyers for Business (Restructuring/Insolvency).
  • Recognized in the 2017 edition of The Canadian Legal Lexpert® Directory (Asset Equipment Finance/ Leasing, Insolvency and Financial Restructuring).