Tony DeMarinis

Tony DeMarinis

Toronto: 416.865.8162
Fax 416.865.7380


LLB, 1987
University of Ottawa
MBA (Finance), 1987
University of Ottawa
BComm (Accounting and Finance), 1983
McMaster University

Bar Admissions

Ontario, 1989


Tony is the head of Torys’ Canadian Corporate Restructuring and Advisory Practice. He specializes in all aspects of corporate financial restructuring or insolvency, including transactions and proceedings involving negotiated workouts, recapitalizations, debt exchanges, re-financings, distressed investments and acquisitions, court proceedings under the federal Companies’ Creditors Arrangement Act or Bankruptcy and Insolvency Act, plans of arrangement under the Canada Business Corporations Act, sales auctions, bridge and debtor-in-possession loans, and receiverships.

Tony is widely recognized as a leader in his field, and has had substantial roles in many of Canada’s largest and most complex restructurings and insolvencies over the last two decades. His clients have included public companies seeking to re-finance or restructure debt, lenders and lending syndicates, ad hoc bondholder groups, bridge and debtor-in-possession lenders, distressed business purchasers, exit lenders and investors, and receivers.

Representative Work

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Best Lawyers' Best Lawyers in Canada—Leading lawyer in insolvency and financial restructuring law (2014-2018)

Chambers & Partners’Chambers Canada—Leading lawyer in Canada, restructuring/insolvency (2016-2018)

The Legal 500 Canada—Leading lawyer in restructuring & insolvency (2017-2018)

Law Business Research’s Who’s Who Legal Canada—Leading lawyer in insolvency and restructuring (2014-2017) and investigations (2017)

Law Business Research’s Who’s Who Legal: The International Who’s Who of Insolvency and Restructuring Lawyers—Leading Canadian lawyer in insolvency and restructuring (2011-2013) and investigations (2017)

Legal Media Group/Euromoney’s IFLR1000: The Guide to the World’s Leading Financial Law Firms—Leading Canadian lawyer in restructuring and insolvency (2008-2018)

Chambers & Partners’ Chambers Global: World’s Leading Lawyers for Business, The Client’s Guide—Leading lawyer in restructuring/insolvency (2008-2018)

Lexpert/Thomson Reuters’ Canadian Legal Lexpert Directory—Leading lawyer in insolvency and financial restructuring (2013-2018)

Turnaround Management Association's—Transaction Turnaround of the Year (2013)

Practical Law Company’s Restructuring and Insolvency Handbook—Recommended Canadian lawyer in restructuring and insolvency (2008-2012)

Report on Business Magazine's restructuring and insolvency law feature—Leading lawyer (2012)



Professional Involvement

Tony is a member of Canada’s leading restructuring & insolvency organizations, including the Insolvency Institute of Canada, the Turnaround Management Association, and the Insolvency Section of the Ontario Bar Association. He is also a member of the American Bankruptcy Institute and INSOL.

He has spoken and lectured on a variety of topics in his field, including the following:

  • the Canadian Institute’s 11th annual forum on Advanced Commercial Insolvency & Restructuring, on the topic of financing restructurings, January 2011
  • the Insolvency Institute of Canada’s Annual Conference and Meeting, November 2010, on the topic of alternative restructuring arrangements
  • the Canadian Institute’s conference on Enforcing Creditors’ Rights, June 2009, on the topic of overcoming critical challenges in cross-border recoveries and restructurings
  • the Canadian Institute’s conference on Advanced Insolvency & Restructuring Law, January 2009 , on the topic of successfully managing cross-border insolvencies & restructurings

Tony has also been a guest lecturer on restructurings for the University of Toronto and Osgoode Hall Law School.

Memberships and Affiliations

  • Insolvency Institute of Canada
  • American Bankruptcy Institute
  • Law Society of Upper Canada
  • Insolvency Section, Ontario Bar Association