Larry Ellis

Partner | Toronto

416.595.8639

Portrait of Larry Ellis

Overview

Larry Ellis is the Leader of the Restructuring & Insolvency group at Miller Thomson LLP. Larry has extensive experience in both the litigation and commercial aspects of corporate restructurings, bankruptcies, receiverships, work-outs and enforcement of creditors’ rights and remedies. He represents a number of different parties, including purchasers, secured and unsecured creditors, receivers, debtors, monitors, trustees and lending syndicates.

Larry is a member of the American Bankruptcy Institute, INSOL International, the Turnaround Management Association, the Insolvency Law Section of the Ontario Bar Association, the Toronto Lawyers Association, the Canadian Insolvency Foundation and the Canadian Bar Association. He is scheduled to be an instructor at the University of Toronto’s Law School bar  preparation course. Larry is the Program Chair for the III NextGen Leadership Program Class I Program (a program designed to enhance the Next Generation of leading insolvency  professionals’ understanding of international insolvencies and restructurings) running in conjunction with the 12th Annual Insolvency Conference in Paris, France.

Professional achievements & leadership

  • Chambers Canada, Restructuring/Insolvency, 2025
  • The Canadian Legal Lexpert Directory - Insolvency & Financial Restructuring, 2024
  • Lexpert Rising Star award, 2016

Notable matters

  • Counsel to The Eve Group in connection with its restructuring and successful sale under the Companies’ Creditors Arrangement Act, utilizing a value-maximizing reverse vesting transaction.
  • Counsel to Hazelton Development Corporation in its restructuring under the Companies’ Creditors Arrangement Act, successfully stabilizing the Highlight of Mississauga condominium project and securing court approval for a creditor-approved plan of arrangement.
  • Counsel to CannaPiece Group in its ongoing restructuring under the Companies’ Creditors Arrangement Act, stabilizing operations and preserving over 155 jobs while implementing a stalking horse sales process to maximize the value of its cannabis contract manufacturing business.
  • Counsel to An-Nur Co-operative Corporation Ltd. in its ongoing wind-up and liquidation, managing asset sales, shareholder disputes, and investor relations to maximize returns for its members.
  • Counsel to Ayanda Cannabis Corporation in its proposal proceeding and sale of substantially all assets, navigating creditor approvals and court processes to facilitate the transaction in a challenging cannabis market.
  • Counsel to Fika in its successful bid and acquisition of substantially all assets of Fire & Flower Holdings Corp. through a reverse vesting transaction in proceedings under the Companies’ Creditors Arrangement Act.
  • Counsel to The Humble Group in its ongoing restructuring under the Companies’ Creditors Arrangement Act, implementing a stalking horse sales process to maximize the value of its cannabis distribution and accessory wholesale business.
  • Counsel to PBIC in its restructuring under the Companies’ Creditors Arrangement Act, leading to the successful sale of substantially all assets through a value-maximizing reverse vesting transaction.
  • Counsel to Swarmio Media Holdings Inc. in its restructuring under the Companies’ Creditors Arrangement Act, leading to the successful sale of the business while preserving its technology, commercial contracts, and key employees.
  • Counsel to Inscape Corporation in its cross-border restructuring under the Companies’ Creditors Arrangement Act, leading to the successful wind-up of the company and termination of proceedings in December 2023.
  • Counsel to the Safari Flower Group in its restructuring under the Companies’ Creditors Arrangement Act, facilitating debtor-in-possession financing and a sale via a credit bid through a reverse vesting order to ensure continued operations.
  • Counsel to the Lovingly Made Ingredients Ltd. in its NOI proceeding under the Bankruptcy and Insolvency Act, leading to the successful sale of substantially all business assets to a strategic buyer in November 2023.

Thought leadership

  • Co-author, “Focus on Canada”, Digitorney’s Crisis Navigator, April 8, 2020

Professional memberships

  • American Bankruptcy Institute
  • Canadian Bar Association
  • Canadian Insolvency Foundation
  • International Association of Restructuring, Insolvency and Bankruptcy Professionals (INSOL)
  • Ontario Bar Association, Insolvency Law Section
  • Toronto Lawyers Association
  • Turnaround Management Association (TMA)

Bar admissions & education

  • Ontario, 2004
  • LL.B., Osgoode Hall Law School, 2003
  • B.A. (Hons.), York University, 2000