Department profile
Torys LLP

Banking & Finance

Canada Guide 2027 : Nationwide - Canada


Torys LLP

Rankings

About

Provided by Torys LLP

Clients look to Torys for commercially-minded counsel to advance their financing objectives, with the long term always in view.

Torys' long history of involvement in Canada’s banking industry and its financing markets extends experience and perspective to our advice to lenders, private equity sponsors and borrowers in the public and private markets. Through our teams in Canada’s major financing markets in Toronto and Calgary, and our full-service office in New York, we offer integrated Canadian and U.S. services, industry-leading regulatory counsel, and a team known for creative first-of-kind structures tailored to clients’ needs.

We work closely with lending and borrowing clients on both discrete transactions and on ongoing financing requirements. We are also deal facilitators, which comes from a long track record of representing lenders and borrowers: we know the issues at play on all sides and help get deals done efficiently and in a way that grows relationships.

Having been involved in the creation of numerous federally regulated financial institutions and establishment of branches in Canada, we give strategic counsel through each stage of development: from the establishment and licensing of a new business or service, corporate governance arrangements and M&A, to distribution strategies and market conduct, as well as financial products.

We pride ourselves on our agility and perspective with new and uncharted aspects of the banking business. 

Chambers Review

Provided by Chambers

Banking & Finance - Nationwide - Canada

Band 1

Band 1


What the Team is Known For

Torys has a market-leading banking and finance practice advising lenders, borrowers, private equity sponsors and financial institutions on a broad range of sophisticated financing transactions. The firm is particularly noted for its strength in acquisition and project finance, as well as secured and unsecured lending across the energy, real estate and mining sectors. Its strong regulatory practice complements the financing offering, with notable expertise in financial services M&A, legislative developments, credit card programmes and digital payments.

Work Highlights

Provided by Chambers

  • Torys represented Fairstone Bank of Canada in a proposed acquisition of Laurentian Bank shares, valued at CAD1.9 billion.

Strengths

Provided by Chambers

  • Torys distinguishes itself through a combination of deep legal expertise and a highly practical, relationship‑driven approach. Its lawyers are highly responsive and provide timely, thoughtful advice, often anticipating issues before they arise.

    Banking & Finance respondentCanada
  • Torys is super knowledgeable. The team always has the answers in a way that is helpful and easy to understand, and it really understands our business and how we operate.

    Banking & Finance respondentCanada
  • Torys is distinguished by its depth and sophistication in banking regulatory work. Torys is the gold standard in this space.

    Banking & Finance respondentCanada
  • Torys is able to handle complex matters because it has a holistic view of the issues. The team is fast and efficient.

    Banking & Finance respondentCanada
  • The lawyers at Torys have significant industry experience. The Torys team understands our business well. The team has great depth and breadth of experience.

    Banking & Finance respondentCanada

Notable Practitioners

Provided by Chambers

  • Band 1Adam E Delean
    Band 1Adam E Delean

    Adam E Delean

    Adam Delean has an excellent track record of advising high-end banking clients on a wide variety of issues, including syndicated lending, acquisition finance and revolving credit facilities.

    • Adam is a very talented and a good practitioner, with significant lender-side practice and sophisticated transactions.

      Banking & Finance respondentCanada
    • Adam is amazing. He is probably the smartest lawyer we work with.

      Banking & Finance respondentCanada
  • Band 1Blair W Keefe
    Band 1Blair W Keefe

    Blair W Keefe

    Blair Keefe is one of the most accomplished figures in the area of financial services regulation in Canada. He is frequently sought out by leading domestic and multinational institutions for his strength in the regulatory aspects of M&A transactions in the financial sector. Based in Toronto, he is the co-head of Torys' financial services and bank regulatory practices.

    • Blair has exceptional knowledge and understanding of regulated financial institutions.

      Banking & Finance respondentCanada
    • Blair has deep relationships with banks and regulators. His insight into the industry is without compare.

      Banking & Finance respondentCanada
  • Band 2Amanda Balasubramanian
    Band 2Amanda Balasubramanian

    Amanda Balasubramanian

    Amanda Balasubramanian co-leads the banking and debt finance practice from the firm's Toronto office. She is regularly involved in major project financing and credit facility initiatives, with her recent work involving a number of public sector clients.

    • Amanda is a leading lawyer. She has got a lot of depth of experience and gives very good practical advice. She is top shelf.

      Banking & Finance respondentCanada
    • Amanda is an excellent lawyer.

      Banking & Finance respondentCanada
  • Band 2Eli Monas
    Band 2Eli Monas

    Eli Monas

    Eli Monas regularly assists with the regulatory aspects of M&A transactions in the banking sector. His client roster includes prominent banks, credit unions and non-bank financial services companies. He is based in Toronto.

    • Eli is an outstanding and truly impressive lawyer because he consistently brings together deep technical expertise, sound judgement and a clear, pragmatic approach to highly complex issues.

      Banking & Finance respondentCanada
    • Eli really knows the Bank Act and can explain it to us in a useful way.

      Banking & Finance respondentCanada
    • Eli demonstrates a strong understanding of our business and the regulatory environment in which we operate, coupled with a high degree of commercial awareness.
      Banking & Finance respondentCanada
    • Eli exhibits strong expertise in the subject matter, maintains a professional approach and responds promptly to inquiries.

      Banking & Finance respondentCanada
  • Band 2Tom Zverina
    Band 2Tom Zverina

    Tom Zverina

    Toronto-based lawyer Tom Zverina holds expertise that encompasses an impressive range of project finance mandates.

    • Tom is practical and solution-oriented.

      Banking & Finance respondentCanada
    • Tom is very pragmatic and very capable of identifying what issues are important. He has discretion, judgement and the intellectual capacity to push and to let go. He gets deals done efficiently and promptly.

      Banking & Finance respondentCanada
  • Band 3Kevin A Fougere
    Band 3Kevin A Fougere

    Kevin A Fougere

    Calgary-based lawyer Kevin Fougere is well versed in acting for borrowers and is especially prominent in project financing transactions in the energy sector. He also assists with debt financing mandates.

  • Band 4Brigitte Goulard
    Band 4Brigitte Goulard

    Brigitte Goulard

    Brigitte is co-head of Tory's consumer protection practice and fintech group. She has experience working in the financial services industry, including the banking, insurance and financial cooperative sectors.

    • Brigitte is excellent. She is very helpful, practical and great to work with.

      Banking & Finance respondentCanada
    • Brigitte is a trusted adviser with deep knowledge of regulatory requirements. Her knowledge of the industry, trends and overall practical concerns is admirable.

      Banking & Finance respondentCanada
    • Brigitte's experience provides valuable insight and is highly useful when formulating strategies.

      Banking & Finance respondentCanada
    • Brigitte is an exceptional lawyer. She consistently combines deep technical legal expertise with a strong understanding of our business, regulatory environment and practical realities.

      Banking & Finance respondentCanada
  • Band 4Peter Aziz
    Band 4Peter Aziz

    Peter Aziz

    Peter is senior counsel in Tory's financial institution regulatory group and is co-head of the firm's payment and cards practice. His practice focuses on regulatory compliance in the financial services and payments industry.

    • Peter is a highly analytical lawyer and has great insight regarding AML matters.
      Banking & Finance respondentCanada
    • I appreciate my discussions with Peter on complex and intellectually challenging files. Peter helps me think and identify the material issues and next steps.
      Banking & Finance respondentCanada
    • Peter is really strong in AML and is viewed as a leading person.

      Banking & Finance respondentCanada
    • Peter is very helpful and brings a distinct ability to think laterally, particularly when navigating complex or novel regulatory issues.

      Banking & Finance respondentCanada
  • Band 5David Ferris
    Band 5David Ferris

    David Ferris

    Toronto-based David Ferris regularly advises lenders on high-profile refinancing transactions. He is well accustomed to acting for lending syndicates comprising international and major Canadian banks.

  • Associates to watchRebecca Jennings
    Associates to watchRebecca Jennings

    Rebecca Jennings

    Rebecca Jennings wins plaudits for her banking practice, which sees her advise both borrowers and lenders in a full range of domestic and cross-border financing transactions.

    • She's very responsive, very detail oriented and a strong advocate

      Banking & Finance respondentCanada

Ranked Individuals at Torys LLP (10)

Nationwide - Canada

Members

Provided by Torys LLP

Torys LLP has rankings in the following guides

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