A company that owes my business money has gone bankrupt. Can Chaitons LLP help?

The firm's insolvency and restructuring group acts for creditors, receivers, monitors, and bankruptcy trustees in bankruptcies, corporate reorganizations, restructurings, and receiverships, and has argued insolvency matters at the Supreme Court of Canada.

Does Chaitons LLP act for lenders enforcing a mortgage?

Yes. Its mortgage enforcement group represents financial institutions and lenders on both single properties and larger portfolios, handling matters from the initial demand letter through to sale of the property and collection of any shortfall.

Can Chaitons LLP help with a commercial real estate deal, like a land purchase or a development project?

The firm's commercial real estate group works with property owners, developers, builders, landlords, and tenants on acquisitions, leasing, financing, and development projects, including condominiums, senior housing, and affordable housing.

Chaitons LLP | LawOnline Directory

About Chaitons LLP

Chaitons LLP is a multi-practice business law firm based in Toronto, with its office on the 10th floor of a highrise tower at 5000 Yonge Street in North York. The firm traces back to Chaiton and Chaiton, a two lawyer practice, and marked its 40th anniversary as Chaitons LLP in 2023. It's organized around six practice groups: banking and financial services, commercial real estate, corporate law, insolvency and restructuring, litigation, and mortgage enforcement. Clients include Canadian and foreign banks, asset based lenders, private equity firms, and real estate developers, and the firm is also retained as independent counsel to court appointed monitors, receivers, liquidators, and bankruptcy trustees.

The insolvency and restructuring group has argued before the Supreme Court of Canada more than once, including a 2024 decision that let a bankruptcy trustee recover Ponzi scheme payments for creditors, and a 2013 ruling on pension deemed trusts in insolvency proceedings. Its mortgage enforcement group acts for financial institutions and lenders on both single properties and larger portfolios, and tracks enforcement files using software the firm built in-house. Chaitons also holds SOC 2 Type 2 certification, an information security standard covering how the firm handles client data, first earned in March 2020 and renewed since.

Practice areas

Bankruptcy & Insolvency

Civil Litigation & Dispute Resolution

Real Estate Law

Business & Corporate Law

Milestones & recognition

Traces back to Chaiton and Chaiton, a two lawyer practice, and marked its 40th anniversary as Chaitons LLP in 2023.
Represented the trustee in bankruptcy at the Supreme Court of Canada in Scott v. Golden Oaks Enterprises Inc. (2024), a decision that let the trustee recover Ponzi scheme payments for creditors.
Represented a party at the Supreme Court of Canada in Sun Indalex Finance, LLC v. United Steelworkers (2013), a ruling on pension deemed trusts and debtor in possession financing in insolvency proceedings.
First achieved SOC 2 Type 2 certification, an information security standard, in March 2020, and has recertified since.
Named to the 2026 edition of Best Law Firms Canada for insolvency and financial restructuring, asset based lending, and real estate law.

Good to know

Wheelchair accessible A laptop showing a video call

Virtual appointments

Lawyers 31

This firm’s lawyers at a glance

Called to the bar: 1979–2025 · median 10 years in practice 28 of 31 lawyers
Law schools: Osgoode Hall Law School (13), University of Ottawa (3), Western University (3), Queen's University, Faculty of Law (2), University of Toronto (2), University of Windsor / University of Detroit Mercy (2) and 4 more 29 of 31 lawyers
Languages on the roster: English, French, Hebrew, Japanese, Mandarin, Russian

Who handles what

The neighbourhood

The office sits on the west side of Yonge Street, on the 10th floor of a highrise tower about a two minute walk from the North York Centre subway station on the Yonge line, with underground parking in the building. That puts the firm inside North York Centre, which the City of Toronto's own planning materials describe as the largest office-based employment hub in the city outside of downtown, with nearly 35,000 people working in its cluster of office and condo towers.

It's a fitting setting for a firm whose client list leans on banks, asset based lenders, and real estate developers: a dense, transit connected business district rather than a courthouse row or a small town main street.

Frequently asked questions

What areas of law does Chaitons LLP handle?: Chaitons LLP is organized around six practice groups: banking and financial services, commercial real estate, corporate law, insolvency and restructuring, litigation, and mortgage enforcement.
A company that owes my business money has gone bankrupt. Can Chaitons LLP help?: The firm's insolvency and restructuring group acts for creditors, receivers, monitors, and bankruptcy trustees in bankruptcies, corporate reorganizations, restructurings, and receiverships, and has argued insolvency matters at the Supreme Court of Canada.
Does Chaitons LLP act for lenders enforcing a mortgage?: Yes. Its mortgage enforcement group represents financial institutions and lenders on both single properties and larger portfolios, handling matters from the initial demand letter through to sale of the property and collection of any shortfall.
Can Chaitons LLP help with a commercial real estate deal, like a land purchase or a development project?: The firm's commercial real estate group works with property owners, developers, builders, landlords, and tenants on acquisitions, leasing, financing, and development projects, including condominiums, senior housing, and affordable housing.
Where is Chaitons LLP located and how do I get there?: The office is on the 10th floor at 5000 Yonge Street in Toronto's North York Centre, about a two minute walk from the North York Centre subway station on the Yonge line, with underground parking available in the building.
How long has Chaitons LLP been practicing in Toronto?: The firm traces back to Chaiton and Chaiton, a two lawyer practice, and marked its 40th anniversary as Chaitons LLP in 2023.

Where to find them

5000 Yonge Street, 10th Floor, Toronto, ON Canada M2N 7E9 · 416-222-8888

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Listing compiled from the firm’s public website in August 2026. Verify licence status in the Law Society of Ontario directory ↗