Lawyer Profile
Adam C. Maerov
Calgary, Alberta
Overview
Adam Maerov is recognized as a highly skilled restructuring and insolvency lawyer who has advised on numerous high-profile oil and gas and mining restructuring proceedings. An accomplished advocate, he assists banks, financial institutions, asset-based lenders, hedge funds, borrowers, directors and officers, customers, unsecured creditors and suppliers in a range of industries, including the oil and gas, automotive and agricultural sectors.
Active in all aspects of insolvency law, Adam directs workouts, reorganizations under the Companies’ Creditors Arrangement Act, bankruptcies, receiverships, liquidations and security enforcement. He regularly advises court appointed receivers, trustees in bankruptcy, monitors and purchasers of distressed assets.
Adam was co-chair of a task force that developed a model asset purchase agreement for the Business Bankruptcy Committee of the American Bar Association and is a member of the Insolvency Institute of Canada.
HBC CCAA ruling highlights how strategic contract drafting can protect rights from ipso facto rules and affect creditor recovery in insolvency.
Alberta Court of Appeal has agreed to hear an appeal which could clarify royalty agreement interpretation and when gross overriding royalties can be vested off
The Alberta Court of Appeal overturns the lower court decision in Qualex; confirming that the "super priority" principle does not extend to private parties.
Re Mantle Materials Group, Ltd continues a recent trend in Alberta in which environmental remediation obligations are found to have a super priority.
Alberta case Qualex v 12-10 Capital develops line of cases at the intersection of environmental protection and bankruptcy and insolvency law in Canada.
Practice Areas
Bar Information
Called to the bar: 2003 (ON); 2013 (AB)