Lawyer Profile
Scott A. Bomhof
Toronto, Ontario
Overview
Having worked on some of the most significant Canadian and cross-border insolvency and restructuring proceedings, Scott brings extensive experience and strategic guidance to clients in their most complex deals and cases.
Scott advises clients in all aspects of corporate restructuring and insolvency, including court proceedings under the Companies’ Creditors Arrangement Act and the Bankruptcy and Insolvency Act, plans of arrangement under the Canada Business Corporations Act, sales proceedings, debtor-in-possession/interim financing loans, and receiverships, as well as out-of-court transactions involving negotiated workouts, recapitalizations, debt exchanges, re-financings, distressed investments and acquisitions. Scott’s broad experience spans a range of sectors and industries, including real estate, construction and life sciences.
Torys acted as Canadian counsel to GNC Holdings in the US$770 million Chapter 11 sale of substantially all of its assets to Harbin Pharmaceutical Group Holding Co., Ltd., including its Chapter 11 recognition proceedings in Canada under the Companies' Creditors Arrangement Act
Glencore Canada in its role as the largest secured creditor, DIP lender and stalking-horse bidder to Li-Cycle Holdings Corp. in Li-Cycle’s restructuring under the Companies' Creditors Arrangement Act, including its successful stalking horse credit bid of US$46.4 million for certain of Li-Cycle’s subsidiaries and assets and the provision of a US$13 million DIP facility, a deal which won American Bankruptcy Institute’s 2026 Asset Sale of the Year
Bank of Montreal in its acquisition of the AIR MILES Reward business of LoyaltyOne, Co. as part of its restructuring proceedings under the Companies' Creditors Arrangement Act
an ad hoc group of bondholders, owed more than C$800 million, in the restructuring proceedings of Dominion Diamond Mines ULC and certain affiliates under the Companies’ Creditors Arrangement Act, including the initial proposed US$186 million stalking horse bid by an affiliate of Dominion’s equity owner, The Washington Companies
Scott is a member of the Insolvency Institute of Canada, the Turnaround Management Association, the Insolvency Section of the Ontario Bar Association, INSOL International, the Canadian Insolvency Foundation and the Commercial List Users’ Committee.
He is a widely published authority on restructuring and insolvency issues; he has published articles in Canadian Bankruptcy Reports, Credit and Banking Litigation Quarterly and Commercial Insolvency Reporter, and authored papers presented to INSOL International, the Law Society of Upper Canada, the Ontario Bar Association, Osgoode Hall Law School and the Insolvency Institute of Canada. Scott also serves as the Ontario editor of Commercial Insolvency Reporter.
Practice Areas
Bar Information
Called to the bar: 1995 (ON)