Co-head of the firm's litigation department, Kenneth Lenz focuses his practice on insolvency and restructuring matters, including representing companies, receivers, monitors, acquirors, creditors and financial institutions in managing corporate reorganization and the realization of assets. Ken has in recent years acted in almost every significant restructuring in Alberta, and in many as counsel for the restructuring company under Companies Creditors Arrangement Act proceedings where the indebtedness and share structure are modified through a court ordered arrangement. This practice necessarily involves litigation concerning oil and gas industry agreements, lending arrangements, security enforcement and corporate governance matters.
In addition, Ken has significant experience in commercial litigation generally, particularly shareholder disputes, oppression actions, and claims for and against directors and officers. He regularly appears at all levels of the Alberta Courts and has appeared before the United States Bankruptcy Court, and before the Alberta, Ontario and British Columbia Securities Commissions.
He is a member of the Insolvency Institute of Canada, INSOL International and the Turnaround Management Association and a past chair of the Canadian Bar Association - Calgary, Insolvency Section. Ken is a frequent speaker on matters concerning insolvency and commercial litigation to industry associations and practicing lawyers.
•Approximately 850 investors in Edgeworth Mortgage Investment Corporation and related companies in connection with an action against its directors and officers.
•PricewaterhouseCoopers Inc., as Monitor of Poseidon Concepts Corp. in its cross-border Companies Creditors' Arrangement Act (”CCAA”) proceedings, including in its Court sanctioned role of taking proceedings against Poseidon's directors and auditors to recover additional funds for the estate.
•PricewaterhouseCoopers Inc., as Monitor of Poseidon Concepts Corp. in its cross-border Companies Creditors' Arrangement Act (CCAA) proceedings, including in its role taking proceedings against its directors and auditors to recover additional funds for the estate.
News & Events
• Bennett Jones Partners Appointed Queen's Counsel
February 27, 2014 On December 31, 2013, Alberta's Lieutenant Governor, Donald S. Ethell, appointed Bennett Jones Partners; John Craig, James D'Andrea, Ken Lenz, Jennifer Miller and Ian Reynolds Queen's Counsel. Also appointed was former Bennett Jones Partner and current Chief of staff to the Premier of Alberta, Farouk Adatia.
• Insolvency Institute Annual Conference 2013
November 16, 2013 Ken Lenz presents, The Uncertain State of Preferences Under Canadian Bankruptcy Laws, at the Insolvency Institute Annual Conference in Palm Springs, CA.
• 19 Bennett Jones Lawyers Recognized in Benchmark Canada
February 27, 2012 19 of Bennett Jones' lawyers have been recognized in Legal Media Group's 2012 Benchmark Canada. The local litigation star recognition reflects individuals who were consistently recommended as reputable and effective litigators by clients and peers and future star reflects those who were consistently referenced by peers and clients as litigators who are likely to become local litigation stars in future editions of the guide.
•2015, Best Lawyers in Canada
Kenneth T. Lenz, recognized as one of Canada's leading insolvency and financial restructuring lawyers
•2014, Lexpert/Report on Business Special Edition - Canada's Leading Energy Lawyers
Kenneth T. Lenz, recognized as a leading energy lawyer in Canada
•2014, Canadian Legal Lexpert Directory
Kenneth T. Lenz, repeatedly recommended, Insolvency & Financial Restructuring
• U.S. Supreme Court Upholds Fraud on the Market Theory in Securities Class Actions
June 25, 2014 A much-anticipated decision of the U.S. Supreme Court, Halliburton Co. v. Erica P. John Fund, Inc. was released on June 23, 2014. While the Supreme Court upheld the fraud on the market presumption of reliance which has made the U.S. a plaintiff-friendly jurisdiction for securities class actions, it provided defendants with a potentially powerful new tool for challenging the presumption at the certification stage.