LEXPERT • December 2016 | www.lexpert.ca | 63
INSOLVENCY AND FINANCIAL RESTRUCTURING
Rosenberg, Ken, Paliare Roland Rosenberg Rothstein LLP Toronto - (416) 646-4304
ken.rosenberg@paliareroland.com -
Called to the Ontario Bar in 1981, Ken Rosenberg is an advocate before all
levels of court and tribunals in Canada and in cross-border US and European disputes. His practice focuses on
commercial, corporate, shareholder, regulatory and insolvency/restructuring disputes. Rosenberg has acted
as counsel to a wide range of stakeholders, including debtors, secured and unsecured creditors, pension plans,
unions, class-action plaintiffs, court officers and public/government authorities. Files from the last 10-12
years with cross-border components have included: Air Canada, Algoma Steel, Stelco, ABCP, Fraser Papers,
Collins & Aikman, Nortel, Indalex, Sino-Forest and Lac Mégantic/MM&A. Rosenberg also regularly acts as
a mediator and sometimes as an arbitrator in commercial and regulatory disputes. Rosenberg has worked for
three different Ministries in the Ontario government as an executive assistant to the Minister: the Ministry
of Consumer and Commercial Relations, the Ministry of Financial Institutions and the Ministry of Industry,
Trade and Technology.
Prophet, Clifton P., Gowling WLG Toronto - (416) 862-3509 - clifton.prophet@gowlingwlg.com
Cliff Prophet is a partner and past head of Gowling WLG's financial services department in the Toronto of-
fice, practicing restructuring and insolvency, with a focus on litigation. Prophet's experience includes signifi-
cant retainers for Canadian financial institutions, creditors, monitors, receivers, trustees in bankruptcy and
corporate debtors. He is a member of the Insolvency Institute of Canada and has been ranked by Chambers
Global and by Lexpert®. Prophet represents clients before all levels of court and has been involved in some of
the most significant insolvencies of recent years, including the CCAA proceedings involving the Canadian
asset-backed commercial paper market and the Sino-Forest and Essar Algoma insolvencies. Prophet is quali-
fied as a solicitor in England and Wales and spent two years practicing in London, where he advised a range of
clients in relation to substantial multi-jurisdictional M&A transactions.
Thornton, Robert I., Thornton Grout Finnigan LLP Toronto - (416) 304-0560 - rthornton@tgf.ca
Bob ornton is a founding partner of TGF and is widely acknowledged as one of the foremost insolvency
practitioners in Canada. Euromoney's e Best of the Best 2016 listed ornton as one of the top five insolven-
cy and restructuring lawyers in Canada and has described him as "exceptional" and "the most innovative in the
field." He is recognized as a Band 1 Leading Individual in Restructuring/Insolvency by Chambers Global, and
has been lauded as "a leading light" and "pound for pound one of the top lawyers in town." ornton is cur-
rently playing leading roles or was recently involved in the restructurings of Pacific Exploration, GuestLogix
Inc., US Steel Canada, Coopers & Lybrand, Mobilicity, Hollinger, AbitibiBowater, Fraser Papers, Calpine,
Stelco and Air Canada and the reorganization of BCE. ornton is a Director of the Insolvency Institute of
Canada and a member of INSOL International, e Advocates' Society, Canadian Bar Association, American
Bankruptcy Institute, Canadian Insolvency Foundation and the Ontario Bar Association, Insolvency Section.
He was called to the Ontario Bar in 1984.
Zarnett, Benjamin, Goodmans LLP Toronto - (416) 597-4204 - bzarnett@goodmans.ca
Partner. Practices as trial and appellate counsel, emphasizing commercial cases involving public companies,
financial institutions and governments. Has practiced before the SCC, FCC, all levels of court in Ontario
and many administrative tribunals. Lead counsel in some of the most important, high-profile cases that have
recently been decided in Canada, including the litigation involving the restructuring of the Asset-Backed
Commercial Paper market, the contest over the acquisition of BCE, the Danier Leather class action, the
Indalex priority dispute and the Nortel asset allocation dispute. Awarded 2006 Law Society Medal (highest
honor) by LSUC, the 2007 Award of Distinction by TLA for outstanding contributions to the legal profes-
sion and the 2009 OBA Award for Excellence in Civil Litigation. Named "Toronto Litigator of the Year" for
Bet-the-Company (2013/2010), Corporate/Commercial (2012), Class Action (2011/2015) and Director/
Officer Liability (2016) by Best Lawyers in Canada. Recognized as one of three "Star Individuals" for dispute
resolution by Chambers. ACTL Fellow.
