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Rick Brooks, Partner
Rick Brooks

Rick focuses on finding practical solutions to disputes and engaging the parties in active dialogue.

Rick Brooks was has been practicing in the area of commercial/corporate litigation since being called to the Bar in 1979.  In that time he has established a particular reputation for his handling of bankruptcy and insolvency matters, debtor/creditor disputes and banking litigation on behalf of large financial institutions and businesses. He also advises on the interpretation and enforcement of corporate and commercial agreements, as well as matters relating to construction, real property and personal property disputes. In addition, Rick handles general civil litigation and serves as an arbitrator and mediator in Ottawa and Eastern Ontario. He also serves as a roster mediator for the Sport Dispute Resolution Centre of Canada and the Ottawa Carleton District School Board.

Rick has extensive trial and appellate experience as counsel before all levels of the Ontario Courts.  He has also appeared as counsel before various administrative tribunals.  Rick has been a lecturer for the Continuing Legal Education section of the Law Society of Upper Canada. 

Examples of Rick's recent cases include:

Negotiated Mortgage Enforcement to Keep Revenue Steady

Rick acted for a family of lenders when their borrowers defaulted on a $1.3M mortgage. Recouping the debt following the standard, lengthy Court process did not meet the needs of the clients who were dependent upon the income from the loan for their living expenses. Rick devised a strategy that enabled him to negotiate a forbearance agreement with the mortgagor that quickly recouped lost income and compensation, acquired greater security and the ability to easily seize secured assets should a default re-occur.

Secured Loan Repayment from a Underperforming Business

Rick advised a financial institution when the debts of its client, a private members golf club, exceeded $2.5M and the business showed little prospect for improved performance. The threat of taking over the club, combined with weekly monitoring of financial performance resulted in improved management and financial results. As a result of these actions the club was able to attract new investors which resulted in Rick's clients recovering all of their funds.

Advice to Company Satisfies Nervous Lender

Rick was hired by a company in the advanced technology field to assist them when their financial lender was threatening to end their $8M loan. His advice to the company directors and direct negotiations with the financial institution allowed a solution to be found and for the business relationship between the company and the lender to continue.

Availability Calendar

 

  • Year of Call: 1979
  • LLB, University of Ottawa
  • BA, Carleton