Carole Hunter

Carole J. Hunter

Counsel
CalgaryToronto
About

Carole Hunter is experienced in all aspects of corporate restructuring and insolvency law, including receiverships and proceedings under the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act.

Carole has represented a broad spectrum of clients including court-appointed monitors, receivers, trustees in bankruptcy, purchasers, debtors, directors, creditors' committees, secured and unsecured creditors and suppliers in all types of Canadian and cross-border insolvency and restructuring proceedings and transactions.

Carole has appeared at all levels of courts in Alberta and Ontario and has appeared in the Superior Court in British Columbia.

Areas of FocusCorporateLitigation, Arbitration and InvestigationsRestructuring
Bar AdmissionsAlberta, 2010Ontario, 2000

EXPERIENCE

  • Acting for MTE Logistix and its affiliates in their CCAA proceedings
  • Acting for Green Impact Partners Inc. and its affiliates in their CCAA proceedings
  • Acted for TRION Battary Technologies Inc. in its CCAA proceedings
  • Acted for Blue Sky Resources Inc. in its proposal proceedings under the BIA
  • Acted for a secured creditor in the receivership and Chapter 15 proceedings of Cuda Energy Inc. and its affiliates
  • Acted for the purchaser of the directional drilling assets in the proposal proceedings of Newsco International Energy Services
  • Acted for the interim lender and plan sponsor in the proposal proceedings and restructuring of Zargon Oil & Gas Inc. and its subsidiaries
  • Acted for a major secured creditor in the CCAA and Chapter 11 proceedings of BJ Energy Services LLC and its affiliates
  • Acted for the principal secured creditor and lien claimant in the receivership of Destiny Bioscience Global Corp. and Destiny Biotech Inc.
  • Acted for the pension plan beneficiaries in the CCAA proceedings of Northern Transportation Company Limited
  • Acted for FairWest Energy Corporation in its CCAA proceedings
  • Acted for SemCanada Crude Company and its affiliates in their cross-border restructuring under the CCAA and Chapter 11 of the United States Bankruptcy Code
  • Acted as Canadian counsel to International Automotive Components Group North America in its acquisition of the soft trim division of Collins and Aikman
  • Acted as Canadian counsel to the official committee of unsecured creditors of Calpine Corporation and its affiliates in its cross-border restructuring under the CCAA and Chapter 11 of the United States Bankruptcy Code
  • Acted for Slater Steel Inc. and its affiliates in their cross-border restructuring under the CCAA and Chapter 11 of the United States Bankruptcy Code
  • Acted for the monitor, claims administrator and liquidator in the CCAA and OBCA proceedings of The T. Eaton Company Limited

Awards

  • Ones to Watch, Insolvency and Financial Restructuring Law, Best Lawyers in Canada, (2026 – 2027)
  • Recommended, Restructuring and Insolvency, The Legal 500 Canada, (2018)
  • Recommended, Restructuring and Insolvency, Who's Who Legal: Canada, (2017)
Education
  • LL.B., Queen's University, 1998
  • B.Comm., University of Calgary, 1995
    with Distinction

Publications

  • Author, "Catch Me if You Can: Good Faith and Bad Behaviour in Insolvency Proceedings," Annual Review of Insolvency Law, Toronto: Thomson Reuters Canada Limited, (2026)
  • Author, "Alberta Court of King's Bench denies appointment of interim receiver to conduct investigation," Commercial Insolvency Reporter, Volume 37, Number 5, June 2025
  • Author, "Come Together, A Comparative Analysis of Substantive Consolidation in Corporate Groups," Annual Review of Insolvency Law, Toronto: Thomson Reuters Canada Limited, (2025)
  • Author, "Signed, Sealed, Delivered: An Analysis of Sealing Orders in Insolvency Proceedings," Annual Review of Insolvency Law, Toronto: Thomson Reuters Canada Limited, (2024)
  • Author, "Please Release Me: The Evolution of Releases in Restructuring Proceedings," Annual Review of Insolvency Law, Toronto: Thomson Reuters Canada Limited, (2022)
  • Author, "Supreme Court of Canada Decision in Redwater Clarifies the Landscape for the Oil & Gas Industry in Alberta," DLA Piper (Canada) LLP Litigation Alert, February 1, 2019
  • Author, "The Canadian Steel Industry – Forging a Future on Shifting Sands," Restructuring Global Insight, May 9, 2018
  • Author, "When Worlds Collide: Alberta's Oil & Gas Industry Navigates the Insolvency Space," Financier Worldwide, June 2017
  • Author, "Director & Officer Liability in Environmental and Other Oil & Gas Applications," The Negotiator, April 4, 2017
  • Author, "Red Water or Murky Water?" CAPL Negotiator, April 30, 2016
  • Author, "How Liability Exposure Goes Up for Directors & Officers in Tough Times," JWN Energy Oil & Gas News, April 2016

Seminars

  • Moderator, "The Judge's Perspective: Hot Topics & Practical Advice," 19th Annual CBA National Insolvency Law Conference, October 30, 2026
  • Moderator, "The Rise of the Regulatory Body," 18th Annual CBA National Insolvency Law Conference, September 12, 2025
  • Speaker, "Come Together: Substantive Consolidation of Corporate Groups," CBA Alberta Insolvency Law South Section, March 25, 2025
  • Panelist, "Blurring the Lines for Creditors, Investors and Equityholders: Allocation and Consolidation Issues in Complex Corporate Structures," 22nd Annual Review of Insolvency Law Conference, February 7, 2025
  • Moderator, "RVOs: Has the Extraordinary become Ordinary?" 17th Annual CBA National Insolvency Law Conference, October 18, 2024
  • Panelist, "Is it Secret? Is it Safe?: From Sealing Orders to the Ever Widening Scope of Court Officer Liability," 21st Annual Review of Insolvency Law Conference, February 2, 2024
  • Speaker, "What's New: Legislative Changes and Corresponding Caselaw," 16th Annual CBA National Insolvency Law Conference, November 18, 2022
  • Moderator, "Financial Strains: Cannabis Restructurings," 21st Annual TMA Northwest Cross-Border Conference, September 2022
  • Speaker, "Pushing Boundaries: Third Party Releases in Restructuring Proceedings," 19th Annual Review of Insolvency Law Conference, February 2022
  • Speaker, "Duties and Liabilities of Directors in the Zone of Insolvency," Debtor and Creditor Section, Canadian Bar Association, May 2020
  • Speaker, "All Eyes on the Resource Industry: The Implications of Third Eye v. Dianor," 17th Annual Review of Insolvency Law Conference, February 2020
  • Speaker, "Model Orders 101: Receivership Order, Approval & Vesting Order and Discharge Order," Insolvency Law Section, Canadian Bar Association, January 2020
  • Speaker, "CRA Claims and Best Strategies for Dealing with Them," National Insolvency Law Conference, Canadian Bar Association, November 2019
  • Speaker, "Risky Business: Protecting Against Counterparty Default and Insolvency Risk," Petroleum Joint Venture Association, Breakfast Seminar, November 2016
  • Speaker, "The AER and Asset Transfers: A Primer on Regulatory Obligations and Risk," 9th Annual Energy Law Fundamentals Seminar, Canadian Energy Law Fundamentals, November 2016
  • Speaker, "Cross-Canada Caselaw Update," National Insolvency Law Conference, Canadian Bar Association, September 2016

Community Involvement

  • Member, Board of Directors, Wings of Hope Breast Cancer Foundation, (2023 – present)
  • Member, Board of Directors, River Valley School, (2014 – 2016)
  • Member, Board of Directors, Pace Kids, (2012)
  • Member, Dine & Deals Committee in support of Providence Children's Centre, (2010 – 2012)

Memberships And Affiliations

  • Member, Law Society of Alberta
  • Member, Law Society of Ontario
  • Member, Alberta Template Order Committee
  • Member, Western Canada Chapter, International Women's Insolvency and Restructuring Confederation
  • Board Member and Chair, Insolvency Law Section, Canadian Bar Association
  • Board Member and Secretary, ARIL Society Inc.

My latest insights

Publication

Alberta Court of King’s Bench denies appointment of interim receiver to conduct...

14 April 2025 .4 minute read

News

DLA Piper advises Sawafi in its acquisitions of Newsco International Energy Services USA...

23 February 2021 .2 minute read

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Phone

+1 403 698 8782
(Work, Calgary)
+1 416 862 3351
(Work, Toronto)