David LeGeyt, partner at Burnet, Duckworth & Palmer LLP, is the leader of the firm’s Restructuring and Insolvency group and a senior commercial litigator with deep experience in complex insolvency proceedings and related disputes. His practice focuses on all aspects of restructurings, receiverships, and insolvency‑related litigation, acting for institutional lenders, debtors, trustees, receivers, shareholders, directors, creditors’ committees, DIP lenders, and purchasers.
David regularly appears before courts across Canada, including in Alberta, British Columbia, Saskatchewan, Manitoba, and Ontario, and has been involved in numerous cross‑border insolvency matters. He is particularly recognized for advising creditors on restructuring strategies, enforcement remedies, and intercreditor issues in distressed situations.
Obsidian Energy Ltd. acquisition in the Peace River Oil Partnership – Counsel to Obsidian Energy Ltd. in its $44 million acquisition of a 45% interest in the Peace River Oil Partnership from its partner (now 100% owned).
Bellatrix Exploration Ltd.'s divestiture of substantially all of its assets – Counsel to Bellatrix Exploration Ltd. in its divestiture of substantially all of its assets to Winslow Resources Inc., a wholly‑owned subsidiary of Return Energy Inc. (renamed Spartan Delta Corp.), in the context of Bellatrix’s proceedings under the Companies’ Creditors Arrangement Act.
- Restructuring of Westmorland Coal Company and its Alberta mining operations – Acted as local transactional agent counsel in regard to the cross‑border, Chapter 11 driven restructuring of Westmorland Coal Company and its Alberta mining operations through its Alberta subsidiary corporations. This engagement involved several stages of debt restructuring, a complex tax‑structured credit bid purchase of all the shares of Westmoreland's Alberta subsidiaries, and various transactional logistics necessitated by Westmoreland's convoluted international corporate structure and Alberta's regulatory environment.
- Bankruptcy
- Commercial
- Commercial disputes
- Dispute resolution
- Government and regulatory
- Insolvency
- Energy
- Financial services
- Government and public policy
- Natural resources
- Oil and gas
- Real estate
- LLB, University of Alberta, 1997
- Bachelor of Science (Honours), Queen's University, 1993
- Law Society of Alberta
- Canadian Bar Association
- Calgary Bar Association
- Turnaround Management Association
- Alberta, 1998