David Ty Ullmann

A nationally recognized restructuring expert, David spent the first decade of his career acting principally for major financial institutions, before expanding his practice to use his knowledge from the creditor side to help debtor companies negotiate solutions to their creditor issues. His knowledge of the issues faced on both sides of the aisle often makes him counsel of choice for court officers in a variety of insolvency proceedings. He was recently appointed by the court to a special consultative committee to represent the landlord stakeholders in the Target Canada insolvency proceedings, where he dealt with in excess of $6 billion in creditor claims.

Officers and directors of both public and private companies who sit on the boards of companies entering the zone of insolvency turn to David to understand their options and to ensure their preservation in an uncertain and precarious situation. David is able to set a clear path for senior executives to follow in the crisis period that often accompanies a restructuring by explaining how choices effect director and officer liabilities, or by helping directors negotiate and interpret directors and officers insurance policies. David was counsel to the directors and officers of the Priszm (KFC and Pizza Hut) insolvency.

David has been involved in several insolvencies in the construction industry involving complex multiparty, multi-province issues, construction lien and trust issues. He has also worked through the completion of construction projects during restructurings, the sale of construction businesses, quarries and significant ongoing contracts for both private and crown construction projects.

Keenly aware of the importance of brand protection issues, David has been a registered trademark agent for more than a decade and has considerable expertise in protecting the brand rights of his clients. He has also been the lead counsel involved in drafting complex multiparty enterprise software and web portal agreements, in particular in the financial services sector. In addition, David has recently developed considerable expertise in assisting clients facing a software audit in particular with respect to the BSA | The Software Alliance.