Grant

Grant B. Moffat

Partner

gmoffat@tgf.ca
416.304.0599416.304.0599

Bio

Grant is a leading practitioner in insolvency, restructuring and banking law, with a particular emphasis on the exercise of creditors’ rights. He frequently acts for lending syndicates and hedge providers across a broad range of industries including energy and infrastructure projects, and has extensive experience acting as independent counsel to court officers, such as receivers, bankruptcy trustees and monitors in CCAA proceedings.

Grant is known for his calm, steady demeanour in guiding clients through their most challenging business situations, bringing strategic insight and trusted judgment to his mandates. He is dedicated and highly efficient, leaning on his years of experience and breadth of knowledge in large insolvency matters, and is known for his expertise in both debt restructuring and as litigation counsel in loan recovery and security enforcement proceedings.

Grant has been frequently recognized for his leadership in the insolvency industry, including in Best Lawyers in Canada, Chambers Canada and Global, Lexpert and as a National Leader for Restructuring and Insolvency in Who’s Who Legal. Outside of his practice, Grant has served as a speaker and writer for various professional associations in matters relating to insolvency law and is a contributor to the Lexis Practice Advisor (Asset Purchase Agreements). Among his many professional contributions, Grant acted as pro bono counsel for the Insolvency Institute of Canada as intervener before the Supreme Court of Canada in Callidus Capital v. Canada. Within the firm, Grant is an active member of TGF’s leadership team, and is focused on building a cohesive, inclusive and dynamic firm culture.

Representative mandates:

  • Counsel to PricewaterhouseCoopers Inc. in its capacity as receiver and manager of Bridging Finance Inc. and its related entities. This mandate involves maximizing returns for 26,000 investors in the context of alleged mismanagement and misappropriation of tens of millions of dollars of investor funds.
  • Acting as insolvency counsel to the Province of British Columbia on behalf of a class of Canadian governments in connection with the CCAA foreign recognition proceedings for Purdue Pharma and Endo International.
  • Advising lending syndicates in out of court debt and derivative restructurings in a variety of industries, including infrastructure projects, transportation and renewable energy.
  • Acting as insolvency counsel for a putative class of Canadian claimants in the CCAA foreign recognition proceeding for LTL Management.
  • Advised the DIP Lender and plan sponsor in the CCAA proceeding for the Bloom Lake and Wabush Mines.
  • Acted as the Court-appointed representative counsel to the Redstone Capital Corporation investors in the leading case in Canada on substantive consolidation of related estates.
  • Advising the court-appointed receiver of the Norshield group of companies, part of a hedge fund investment structure which raised more than $130 million from retail investors in Canada and involves cross-border proceedings in the US, Barbados and the Commonwealth of The Bahamas.
  • Advised the senior secured lender and DIP Lender in the CCAA proceedings for Co-op Atlantic.

Representative Mandates

Wabush Mines: CCAA proceedings for Wabush Mines

Advising the DIP Lender in the CCAA proceedings for Wabush Mines

Mady Collier Centre Ltd.: Counsel to the Lending Syndicate and DIP Lender

Advising the lending syndicate and DIP Lender in the CCAA proceedings for Mady Collier Centre Ltd.

Co-op Atlantic: Counsel to the senior secured lender and DIP Lender

Advised the senior secured lender and DIP Lender in the CCAA proceedings for Co-op Atlantic, formerly one of Atlantic Canada’s largest co-operatives

Extreme Fitness, Inc.: Counsel to the senior lender

Advised the senior secured lender in the CCAA proceeding for Extreme Fitness, Inc.

Redstone Investment Corporation and Redstone Capital Corporation: Court-appointed representative counsel

Acted as the court-appointed representative counsel to the Redstone Capital Corporation investors in connection with a motion to substantively consolidate the estates of three related Redstone entities.

Northstar Aerospace group: CCAA proceedings for the Northstar Aerospace group of companies

Advised the court-appointed Chief Restructuring Officer in the CCAA proceedings for the Northstar Aerospace group of companies

Hidden Vally Resort, The Elora Mill Inn and Benmiller Inn & Spa

Advised the Court-appointed Receiver of Hidden Valley Resort, The Elora Mill Inn and the Benmiller Inn & Spa

Capital Bank International Limited in Grenada: Counsel to the Liquidator

Advising the Court-appointed Receiver of Capital Bank International Limited in Grenada

Valle Foam Industries group: Advising the Monitor in the CCAA proceeding for the Valle Foam Industries group of companies

Advising the Monitor in the CCAA proceeding for the Valle Foam Industries group of companies, manufacturers of foam products and defendants in a series of class actions commenced in Canada and the United States

Marriott Hotels of Canada Ltd.: Advised Marriott Hotels of Canada Ltd. in the receivership of The Rosseau Resort Developments Inc.

Advised Marriott Hotels of Canada Ltd., the former operator of the Red Leaves resort hotel and condominium development in Minett, Ontario in connection with the receivership of The Rosseau Resort Developments Inc.

Brainhunter Inc.: Counsel to the Monitor

Advised the Monitor in the CCAA proceeding for Brainhunter Inc., a publicly traded provider of information technology and engineering staffing services

Olympus United Funds Corp.: CCAA proceeding for Olympus United Funds Corp

Advising the Monitor in the CCAA proceeding for Olympus United Funds Corp., commenced by its Court-appointed Receiver to implement a multi-million dollar settlement with the company's former auditors

Key Porter Books Limited and H.B. Fenn and Company Ltd: Counsel to the debtors

Advised Key Porter Books Limited and H.B. Fenn and Company Ltd., formerly Canada's largest book distributor

Norshield

Litigation counsel to the receiver, RSM Richter Inc., in the Norshield hedge fund scandal involving the tracing and attempted recovery of over $400 million in funds in several jurisdictions. Involved cross-border proceedings in the United States, Barbados and the Commonwealth of The Bahamas. 

Professional Involvement

Grant is a member of:

  • Turnaround Management Association
  • Canadian Bar Association
  • Canadian Insolvency Foundation
  • Insolvency Institute of Canada
  • INSOL International
  • Ontario Bar Association, Insolvency Law Section
  • The Advocates’ Society

Recent professional appearances include:

Recognition

Grant is recognized in:

  • The Best Lawyers in Canada® 2025 and prior years (Insolvency & Financial Restructuring)
  • Chambers Canada Guide 2025 and prior years (Restructuring/Insolvency)
  • Chambers Global 2023 Guide and prior years (Restructuring/Insolvency)
  • Lexpert Special Edition on Litigation – Leading Litigators in Canada 2023
  • The Canadian Legal Lexpert Directory 2024 and prior years (Insolvency & Financial Restructuring)
  • Who's Who Legal - National Leader – Restructuring & Insolvency (2023 and prior years)
  • Benchmark Canada: The Definitive Guide to Canada’s Leading Litigation Firms and Attorneys 2024 & prior years(Litigation Star in Ontario)
  • Who's Who Legal Canada 2020 (Restructuring & Insolvency)
  • Euromoney Expert Guides 2021 and prior years (Restructuring and Insolvency)

Education

Bar Admissions

  • Ontario, 1991

Education

  • LL.B. (Queen's University), 1989
  • B.A. (with distinction) (Queen's University), 1986