About

Provided by Torys LLP

Torys has a distinguished history of involvement in Canada's banking industry and in its finance markets; we are recognized by our clients and peers for our experience, our innovative but practical approach and our cross-border capability. From providing industry-leading regulatory counsel to creating first-of-kind financing structures, our group offers clients dedicated service that is second to none.

We are proud of our reputation as deal facilitators. Because of our experience representing both lenders and borrowers, we understand both sides of the issues at play. We find practical solutions that achieve all parties' objectives and help clients get deals done in a way that preserves and grows relationships. Our clients benefit from the experience of both our individual team members and from our close-knit, collegial group.

We act on a wide range of banking and debt financing matters, including:

  • bank financings (bilateral and syndicated)
  • asset-based loan transactions
  • banking and insurance regulatory
  • acquisition financings
  • project finance
  • private placements and public offerings of debt securities (including U.S. and Canadian high-yield offerings)
  • subordinated debt financings and related intercreditor arrangements
  • derivatives
  • U.S. term B loans for the institutional market
  • real estate financing
  • construction lending and permanent financing
  • workouts and other insolvency and bankruptcy matters
  • leasing
  • tax structuring of debt arrangements (including cross-border)
  • structured loan products

Chambers Review

Provided by Chambers

Banking & Finance - Canada

1
Band 1

What the Team is Known For

Torys has an excellent banking and finance practice which handles a broad spectrum of banking work from Toronto and Calgary, aided by the firm's office in New York. The group's experience includes advising on high-end acquisition finance and project finance matters, with further strength in secured and unsecured credit facilities relating to the energy, real estate and mining sectors. The team acts for a range of both lender and borrower-side clients, including leading domestic banks, insurance companies, international financial institutions and private equity funds. Furthermore, the firm's esteemed regulatory practice is notable for its advice regarding financial services M&A, new legislation and credit card programmes. The handling of digital payment matters complements the firm's excellent holistic offering.

Work Highlights

Provided by Torys LLP

  • Torys assisted Baytex Energy with USD1.75 billion debt financing arrangements in relation to its acquisition of Ranger Oil Corporation, including a USD1 billion revolving credit facility, a USD250 million term loan and a USD500 million bridge facility.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

Adam E Delean
1
Adam E Delean
Head of Banking & Finance
1
Band 1

Co-head of the banking and debt finance practice, 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. He works out of Toronto.

Adam Delean is a very strong counsel providing excellent advice and solutions to handle difficult negotiations.

Adam Delean is an exceptional lawyer and a trusted advisor with deep expertise. His advice is always based on a practical and common-sense approach.

His experience and expertise are immeasurable.

Adam Delean is our go-to lawyer.

Blair W Keefe
1
Blair W Keefe
1
Band 1

Blair Keefe is one of the most accomplished figures in the area of financial services regulation in Canada. Based in Toronto, 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.

He is considered an expert in his field.

Blair Keefe is very knowledgeable and draws on an excellent team for timely and effective advice.

He is the best of the best.

He has a good level of expertise and is well connected.

Blair Keefe is instrumental in guiding us successfully through difficult issues.

Amanda Balasubramanian
2
Amanda Balasubramanian
2
Band 2

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.

She is excellent to work with.

Amanda Balasubramanian demonstrates a strong ability to navigate complex legal matters and reach consensus on key business point.

Kevin A Fougere
2
Kevin A Fougere
2
Band 2

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.

Tom Zverina
3
Tom Zverina
3
Band 3

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

4
Eli Monas
4
Band 4

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.

He demonstrates strong legal and regulatory knowledge, alongside having important contacts across the industry.

He offers excellent communication skills and timely responses.

Eli Monas provides excellent advice and is a pleasure to work with.

Eli Monas is an excellent advisor. He is knowledgeable, pays incredible attention to details and provides almost immediate responses to any queries.

Ranked Lawyers at
Torys LLP

Provided by Chambers
Filter by
Band

Canada

Banking & Finance

Adam E Delean
1
Adam E Delean
Head of Banking & Finance
1
Band 1
Amanda Balasubramanian
2
Amanda Balasubramanian
2
Band 2
Kevin A Fougere
2
Kevin A Fougere
2
Band 2
Tom Zverina
3
Tom Zverina
3
Band 3
Banking & Finance: Financial Services

Blair W Keefe
1
Blair W Keefe
1
Band 1
4
Eli Monas
4
Band 4

Members

Provided by Torys LLP

Adam E Delean

Adam E Delean

Head of Department

Amanda Balasubramanian

Head of Department

Eli Monas