Ryan Laity

Ryan has acted as counsel to:

• Insolvency and Restructuring
  • A publicly-listed cannabis company in the restructuring of substantially all of its debt through a debt-to-equity conversion pursuant to a plan of arrangement and compromise under the Companies’ Creditors Arrangement Act (CCAA);
  • A drilling company in its restructuring proceedings under the CCAA;
  • A cannabis company in its restructuring proceedings under the CCAA, including the sale of its Canadian facilities;
  • A secured creditor in connection with a sale the assets of a developer of consumer wearable technology through a proposal under the Bankruptcy and Insolvency Act (BIA);
  • A turnaround lender in acquiring the debt and security of a conventional lender (approximately $80 million), restructuring that debt through a forbearance arrangement and CCAA proceeding, and later refinancing that same debt in an amended and restated credit agreement;
  • A marine transport company in connection with its acquisition of various river boats, barges and other marine craft pursuant to a receivership sale;
  • A monitor in connection with restructuring proceedings under the CCAA of a large online-based  construction supply company;
  • A mining company in connection with a voluntary foreclosure and subsequent sale of a mine in Guatemala;
  • A court-appointed receiver in connection with the receivership of a large Canadian online shoe retailer.
  • A large Brazilian pulp and paper company in connection with its acquisition of substantially all of the assets of a Canadian entity through a receivership sale; and
  • A court-appointed receiver in connection with its sale of substantially all the assets of a private college.
• Lending
  • A multi-national mining company in connection with its secured syndicated credit facilities of up to $500 million;
  • An administrative agent and lender in respect of syndicated credit facilities of up to $125 million to a pension benefits management company;
  • A software company in connection with its $135 million syndicated loan facilities and acquisition of commercial real estate;
  • An administrative agent and lender in respect of syndicated credit facilities of up to $65 million to a reforestation company;
  • A Canadian schedule I bank in respect of its revolving credit facilities of up to $60 million to a large real estate development company;
  • A Canadian schedule I bank in respect of its asset-based credit facilities of up to $50 million to a manufacturer and distributor of specialty  wood products;
  • An administrative agent and lender in respect of syndicated credit facilities of up to $43 million to a doctor-owned orthodontics company; and
  • A Canadian schedule I bank in respect of credit facilities of up to $10 million to a point-of-sale technology company.
• Corporate/Commercial
  • Sandstorm Gold Ltd. in its US$30 million Vatukoula stream and royalty transaction on the producing Vatukoula Mine in Fiji.
  • A Vancouver-based start-up company designing and selling personal fitness and wellness products;
  • A Vancouver agriproducts terminal facility in connection with the preparation and negotiation of its long-term terminal services agreement; and
  • A vendor in connection with its sale of a national clothing store chain.