Founder & Principal

Cody Reedman practices insolvency, restructuring and commercial litigation. He founded Reedman Law in 2018 and leads the firm’s practice. His experience building and running a business informs his advice, with attention to the cost, timing and practical consequences of legal decisions.

 

He acts for businesses and individuals in matters involving debt, security and competing claims to assets. His work includes advising business owners and directors on restructuring options, their obligations and potential personal exposure, as well as representing borrowers and guarantors in negotiations and disputes with creditors.

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Clients can involve him at an early stage, when creditor pressure, a proposed refinancing or a developing dispute calls for an assessment of their position. He works alongside accountants, insolvency professionals and other lawyers to assess the available options, develop a strategy and carry it through negotiation or court.

Restructuring and Workouts

Cody advises on business workouts, creditor negotiations and arrangements to restructure debt, refinance obligations or sell businesses and assets. He helps clients assess what a negotiated solution needs to achieve, the consequences if an agreement cannot be reached, and whether formal proceedings would better serve their objectives.

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Selected restructuring experience includes:

• Acting for debtor companies in restructurings under the Companies’ Creditors Arrangement Act and proposal proceedings under the Bankruptcy and Insolvency Act.

• Representing a corporate group in proceedings where certain powers of the receiver were deferred in stages while the companies pursued refinancing and transaction alternatives.

• Representing debtor companies in a receivership where refinancing led to the termination of the receiver’s sale process and a court order providing for the return of control to the companies and the receiver’s discharge.

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Borrowers, Directors and Guarantors

Cody advises on guarantees, directors’ liability and the personal consequences of business distress. He represents borrowers and guarantors in negotiations with creditors and in contested receivership, foreclosure and enforcement proceedings.

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His personal insolvency work includes consumer and Division I proposals, bankruptcy discharge applications and disputes concerning debts that may survive bankruptcy. He also advises on matters where business obligations and personal liabilities overlap.

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Commercial Litigation and Asset Recovery

Cody pursues and defends commercial claims involving loans, shareholder interests, civil fraud and alleged breaches of trust or fiduciary duty. He acts in disputes concerning assets alleged to have been improperly transferred or concealed, drawing on civil and insolvency remedies.

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He also represents private lenders and other creditors in security enforcement, debt recovery and judgment enforcement matters. His experience includes cross-border insolvency and the recognition and enforcement of foreign judgments.

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Appeals

Cody has twice appeared before the Supreme Court of Canada as lead counsel for the appellants. In each matter, he represented his clients from the initial court proceedings through the final appeal:

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• Poonian v. British Columbia (Securities Commission), 2024 SCC 28: whether administrative monetary penalties and disgorgement orders imposed by securities regulators survive bankruptcy discharge.

• Piekut v. Canada (National Revenue), 2025 SCC 13: how the seven-year period governing the release of government student loan debt is calculated under the Bankruptcy and Insolvency Act.

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He acts on appeals involving insolvency, foreclosure, debt and security enforcement. He advises on appeal strategy and provides written and oral advocacy, both in matters he handled below and on referral from other counsel.

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Estates and Trusts

As a Trust and Estate Practitioner, Cody advises on insolvent deceased estates, creditor claims against estates and disputes involving trust property.​ He works with estate and family lawyers when financial distress or insolvency complicates an estate administration, a claim to property or a proposed settlement.

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Working with Referring Professionals

Cody works with lawyers, accountants and insolvency professionals on business restructurings, distressed transactions, contested proceedings and appeals.

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He welcomes referrals, accepts defined mandates within larger matters and works alongside existing counsel. He also acts as British Columbia counsel for firms based elsewhere.

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Background

Cody earned a Bachelor of Arts in Philosophy from the University of British Columbia before obtaining his Juris Doctor from the University of Victoria. He also holds an LLM in Financial Law from Osgoode Hall Law School and a Graduate Certificate, with distinction, in Forensic Investigation of Fraud and Financial Crime from BCIT.

 

He is a contributing author to Bankruptcy and Insolvency Law in Canada and has published in the Annual Review of Insolvency Law and the Banking and Finance Law Review. He has presented at legal and insolvency conferences in Canada and the Cayman Islands.

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Cody is admitted to practice in British Columbia, Alberta and Yukon.

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* Practicing through Cody Reedman Law Corporation.