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What the team is known for Gowling is a premier law firm with a nationwide Canadian presence that brings a notable technology focus to the FinTech space. The firm has a broad practice stemming from its respected M&A, data privacy and intellectual property practices. It is particularly recognised for its work on cryptocurrency matters, from ICOs to regulatory compliance and investigations. Gowling is also capable of handling issues relating to blockchain and smart contracts.
Strengths"They can pick up on the complexities of the work in this area and have never had a matter they could not handle."
"A-grade firm for technology work and A-plus for FinTech. It's the depth and the fact their people across the board are good as opposed to having one or two artisans who're good and others who don't know what they are doing."
Work highlights The firm counselled two of the most prominent blockchain companies in Canada on enforcement investigations by the Ontario Securities Commission and US Securities and Exchange Commission concerning their initial coin offering.
The firm advised Marqeta on regulatory, contractual and consumer issues related to its Canadian prepaid payment card programmes. Marqeta is a payments technology provider that offers an open API system which enables innovative prepaid payment card programmes for corporate customers in a wide variety of industries.
Usman Sheikh is the national head of Gowling's blockchain and smart contract group. He is one of the leading lawyers in blockchain and cryptocurrency matters in Canada, with both clients and peers recognising his status as a market leader. His depth of knowledge is highlighted by market commentators, who say: "He is really very good. Top-notch blockchain lawyer in the country." Sheikh is considered to be the "first mover on all things related to cryptocurrency in the market."