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Matilda
Lici

Partner
  • mlici@airdberlis.com
  • 416.865.3428
Office:
  • Toronto Office
Call to Bar:
Admitted to the Ontario Bar: 2020
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  7. Matilda Lici

Matilda is a natural problem solver who is dedicated to fully understanding and protecting her clients’ interests. Recognizing the value that expertise generates for clients, Matilda brings technical and strategic acumen to every challenge and opportunity created by an insolvency.

Matilda is a member of the firm’s Financial Services and Litigation & Dispute Resolution Groups. Her insolvency law practice focuses on corporate-commercial litigation, primarily under the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act. She acts on behalf of banks, asset-based lenders, creditors and various court-appointed officers.

Expertise

  • Restructuring & Insolvency
  • Banking & Finance
  • Litigation & Dispute Resolution
  • Financial Services

Representative Matters

Representative Matter

Canadian Frozen Foods Company BRR Logistics Files for Bankruptcy

BRR Logistics Limited, a Brampton, Ontario-based company that operates a frozen foods sale and logistics business, filed a Notice of Intention pursuant to subsection 50.4(6) of the Bankruptcy and Insolvency Act.

January 31, 2024

Representative Matter

Kaladar Gas Group Placed In Receivership on Application by Tandia Financial Credit Union Limited

On December 1, 2023, the Kaladar Gas Group was placed in receivership on application by Tandia Financial Credit Union Limited, which was owed approximately $12.8 million. BDO Canada Limited was named as the receiver.

December 01, 2023

Representative Matter

Inscape Group Granted CCAA Protection by Ontario Court

On January 12, 2023, Inscape Corporation, Inscape (New York) Inc. and Inscape Inc. (collectively the “Inscape Group”), manufacturers and distributors of office furniture to customers located in the United States and Canada, commenced restructuring proceedings in the Ontario Superior Court of Justice under the Companies’ Creditors Arrangement Act (the “CCAA”). The Court granted the Inscape Group CCAA protection and appointed Alvarez & Marsal Canada Inc. as court-appointed monitor.

February 01, 2023

Professional Involvement

Memberships

  • Turnaround Management Association 
  • Canadian Bar Association 
  • Ontario Bar Association 
  • Toronto Lawyers’ Association 
  • The Advocates’ Society
  • Director at Large, International Women’s Insolvency and Restructuring Confederation (IWIRC)

Community Involvement

  • Newsletter Editor, Insolvency Law Section Executive, Ontario Bar Association
  • Newsletter Editor, Central Region, Young Lawyers Division, Ontario Bar Association
  • Newsletter Editor, Women Lawyers Forum, Ontario Bar Association

Co-Chair, "Year in Review: Key Developments in Insolvency Law," Ontario Bar Association Insolvency Law Program, December 2, 2025.

Speaker, "Annual Cross-Canada Update," CBA Insolvency Law Conference, October 17-18, 2024.

Speaker, "Keeping Current for Civil Litigators," Ontario Bar Association, June 25, 2024.

Co-Chair, "OBA Insolvency Law / Young Lawyers Division Program," Ontario Bar Association, May 1, 2024.

Speaker, "Practical Issues with Creditor Driven CCAA Processes," Commercial List Users’ Committee Annual Education and Social Day, June 5, 2024.

Speaker, "Real Estate in Distress and a Taste of Current Issues," BMO Seminar, April 22, 2024.

Co-Chair, "OBA Insolvency Law / Young Lawyers Division Program," Ontario Bar Association, January 25, 2023.

Author, "From the Courts," Insolvency Insider, Ongoing.

Author, "Are Profit-Sharing Claims Equity Claims?" Aird & Berlis LLP, Financial Perspectives, September 30, 2025.

Author, "Flip It and Reverse It: Annulling Performed Consumer Proposals," Rebuilding Success, The Canadian Association of Insolvency and Restructuring Professionals, Fall/Winter 2024

Co-Author, "It’s All Peakhill From Here: Appellate Confirms Courts’ Jurisdiction to Grant Reverse Vesting Orders in Receivership Proceedings," Aird & Berlis LLP Financial Services Flash, July 3, 2024.

Co-Author, "Recent Changes to Proceedings Before the Capital Markets Tribunal," Aird & Berlis LLP Litigation Bulletin, April 11, 2024.

Author, "Challenging a Trustee’s Fees on the Basis of Privacy Breaches?" Insolvency Insider, September 27, 2023.

Co-Author, "Recent Changes to Civil and Commercial List Appearances in the Toronto Region," Aird & Berlis LLP, September 18, 2023.

Co-Author, "Asserting Limitation Period Defences in the Bankruptcy Context," Aird & Berlis LLP, September 12, 2023.

Co-Author, "Looking a Stalking Horse in the Mouth: Sale Process Approval Criteria Across Canadian Jurisdictions," Aird & Berlis LLP, April 18, 2023.

Author, "Sharing the Burden: The Limits of Relief from Forfeiture of Commercial Leases," Rebuilding Success, The Canadian Association of Insolvency and Restructuring Professionals, Spring/Summer 2023.

Author, "It’s All Derivative: Will Ontario Courts Recognize and Enforce Ricochet Judgments?" Toronto Law Journal, January 2023.

Co-Author, "Trust in Me: The Pitfalls of Paying Purchase Funds Directly to Developers," Condovoice Magazine, Canadian Condominium Institute, Fall 2022.

Author, “‘One for All’: When Will Courts Appoint Representative Counsel?,” Ontario Bar Association Insolvency Law Section, September 22, 2022.

Author, “‘Got a Secret, Can You Keep It?’ Developments in the Tort of Public Disclosure of Private Facts,” Young Lawyers Division Section Newsletter, Ontario Bar Association, May 2022.

Co-Author, “Rules of Civil Procedure Chapters, General Matters, Rule 2 - Non-compliance with the Rules,” Civil Procedure and Practice in Ontario, Canadian Legal Information Institute, February 2022.

Co-Author, “Courts of Justice Act Chapters, 12. Judges and Officers, Sections 80 – 94,” Civil Procedure and Practice in Ontario, Canadian Legal Information Institute, February 2022.

Co-Author, “Moving the Needle on COVID-19 Paediatric Vaccines: An Examination of Recent Legal Trends,” Young Lawyers Division Section Newsletter, Ontario Bar Association, January 2022.

Author, “Licence to Offend: A Case Comment on Grabher v. Nova Scotia (Registrar of Motor Vehicles),” Young Lawyers Division Section Newsletter, Ontario Bar Association, July 2021.

Co-Author, “(No) Second Chances: When Can You Examine Additional Corporate Representatives?,” Civil Litigation Section Newsletter, Ontario Bar Association, November 2020.

Co-Author, “Lawyering During Lockdown: Seven Tips to Manage (And Enjoy!) Your Legal Practice During This New Normal,” The Woman Advocate, American Bar Association, May 2020.

Related Publications

Article

Are Profit-Sharing Claims Equity Claims?

September 30, 2025

Article

It’s All Peakhill From Here: Appellate Confirmation of Courts’ Jurisdiction to Grant Reverse Vesting Orders in Receivership Proceedings

July 03, 2024

Article

Recent Changes to Proceedings Before the Capital Markets Tribunal

April 11, 2024

Article

Recent Changes to Civil and Commercial List Appearances in the Toronto Region

September 18, 2023

Read More Publications

Related News

Firm News

Aird & Berlis Welcomes Nine New Partners

January 27, 2026

Firm News

Aird & Berlis Recognized in Chambers Canada 2026

September 25, 2025

Firm News

Aird & Berlis Lawyers Elected to CBA and OBA Section Executive Roles

September 01, 2025

Firm News

Matilda Lici Receives Justice Glenn Hainey Memorial Award

May 29, 2025

Education

  • JD, Queen’s University, 2019
  • BA (Hons.), University of Toronto, 2015
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