
Banking & Finance
- Overview
- Who To Contact
- Representative Matters
- Recent Developments
Overview
Skilled at navigating the challenges presented by complex financing structures, but also able to deliver scale-appropriate legal solutions and services for any client dealing with financing and security, our Banking & Finance lawyers provide lenders and borrowers with the advice and guidance they need to reduce risk and complete transactions on time, and on budget, without comprising service. With extensive experience working with some of the largest and most prominent institutions, including Canada’s Big Five banks, many U.S. banks, several non-traditional lenders and borrowers, our lawyers are recognized for their expertise in complex financing matters and their practical, results-driven approach.
As part of a diverse Financial Services practice, our Banking & Finance lawyers practice side-by-side with, and in many cases are a part of, our Insolvency & Restructuring team. This means that our Banking & Finance lawyers are able to provide well-considered advice and transaction structures to ensure risk is minimized, outcomes are predictable and clients are protected.
Our work ranges from borrowers working with a bank for the first time, to larger, cross-border syndicated and participation deals or asset-based lending involving entire corporate structures that operate globally, and all manner of financings and structures in between. With deep and established connections to lawyers throughout Canada and all over the world, our lawyers are able to manage international transactions with ease, providing clients with a uniform, co-ordinated approach to making sure their interests are represented on a global level.
We help our clients structure, navigate, and ultimately close a broad range of financing transactions including:
- Senior secured lending
- Subordinated debt
- Venture debt
- Second-lien lending
- Senior term lending
- Cash-flow lending
- Asset-based lending
- Cross-border financing
- Distressed lending
- Equipment leasing
- Factoring/accounts receivable financing
- Mezzanine financing
- Project and construction financing
- Real estate financing
- Securitization/structured finance
- Syndicated lending
We also assist clients with best practice lending policies and procedures, help create standard form documentation to allow lenders to thrive in a competitive environment and provide exposure management advice and planning.
Who We Help
With over 200 years of collective experience, our Banking & Finance professionals bring unparalleled experience to the service of our clients, including:
- Domestic and foreign banks and financial institutions
- Insurance companies
- Asset-based lenders
- Non-bank lenders
- Real estate developers
- Leasing companies
- Borrowers
Contacts
Group Members
Representative Matters
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Aleafia Health Completes Debenture Amendment Transaction and Private Placement
On June 27, 2022, Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF), a vertically integrated and federally licensed Canadian cannabis company, closed its amendment of its unsecured convertible debentures an... -
Waygar Capital Completes $30 Million Financing
Waygar Capital, as agent for Ninepoint Canadian Senior Debt Fund, completed its $30,000,000 financing of Enterprise Group Inc., a specialized equipment rental and services organization to Canada's ene... -
Energy+ Closes $55 Million Offering of Unsecured Debentures
On August 10, 2020, Energy+ Inc. closed a $55 million offering of 2.968% senior unsecured debentures due August 10, 2060. -
MediPharm Labs Completes $37.8 Million Private Placement
MediPharm Labs Corp., a global leader in specialized, research-driven pharmaceutical-quality cannabis extraction, distillation and derivative products, recently completed a private placement with an i... -
TD Bank Leads $64 Million Syndicated Credit Facilities
Sangoma Technologies Inc. and Sangoma U.S. Inc. entered into a syndicated loan agreement with certain Schedule 1 banks. -
MediPharm Labs Closes $38.7 Million Credit Facility with a Leading Canadian Schedule 1 Bank
MediPharm Labs Corp., a global leader in cannabis extraction, distillation, purification and cannabinoid isolation, through its wholly-owned subsidiary, MediPharm Labs Inc., closed a credit facility w... -
Eve & Co Enters into Credit Facility to Fund Expansion of Its Greenhouse Production Facility
On March 19, Eve & Co Incorporated, through its wholly-owned subsidiary Natural MedCo Ltd., entered into an $18,700,000 construction facility with Royal Bank of Canada to fund the completion of a 780,... -
Management Buyout Completed of Launchlife International Inc.
The management buyout of Launchlife International Inc., a North American private career college operator and franchisor, was recently completed. -
Baylin Technologies Inc. Completes Acquisition of Radio Frequency and Microwave Divisions of Advantech Wireless Inc.
Baylin Technologies Inc., a leading global wireless technology company with over 39 years of experience in designing, producing and supplying innovative antennas, recently completed an acquisition of ... -
Acquisition of a Privately-Held Lumber Company
Aird & Berlis acted as Ontario counsel in connection with the acquisition of a privately-held regional lumber company.
Recent Developments
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Firm News
Aird & Berlis Recognized in 2023 Canadian Legal Lexpert Directory
The Canadian Legal Lexpert Directory has recognized 51 partners at the firm as leading lawyers across 33 different practice areas. Aird & Berlis was also recognized at the firm level across 15 differe... -
Article
CARR Confirms Development of Term CORRA Benchmark
On January 11, 2023, in a highly anticipated development, the Canadian Alternative Reference Rate working group (“CARR”) announced that efforts are underway to develop a one- and three-month Term CORR... -
Article
British Columbia High-Cost Credit Rules Come Into Effect on May 1, 2022
On May 1, 2022, British Columbia will become the fourth Canadian province to regulate high-cost credit products. After that date, there will be additional disclosure requirements and consumer rights f... -
Firm News
Jill Fraser Featured in Women in Secured Finance 2022
Jill Fraser was profiled in The Secured Lender’s Annual Women in Secured Finance issue. -
Firm News
Aird & Berlis Recognized in 2022 Canadian Legal Lexpert Directory
51 members of Aird & Berlis have been recognized in the 2022 Canadian Legal Lexpert Directory. -
Firm News
Aird & Berlis Recognized in 2021 Canadian Legal Lexpert Directory
43 members of Aird & Berlis have been recognized in the 2021 Canadian Legal Lexpert Directory. -
Firm News
Kyle Plunkett Recognized as 2020 Lexpert Rising Star: Leading Lawyer Under 40
Aird & Berlis is proud to announce that partner Kyle Plunkett has been recognized as a 2020 Lexpert Rising Star: Leading Lawyer Under 40. -
Firm News
Aird & Berlis Recognized in Chambers Canada 2021
Aird & Berlis is pleased to be recognized in the 2021 edition of Chambers Canada: Canada’s Leading Lawyers for Business. -
Firm News
65 Aird & Berlis Lawyers Recognized in The Best Lawyers in Canada 2021
The firm is featured across 39 practice areas and received 12 new listings. -
Article
SCC Releases Reasons in 9354-9186 Québec inc. v. Callidus Capital Corp.
On May 8, the Supreme Court of Canada released its reasons for its January 23, 2020 unanimous decision in 9354-9186 Québec inc. v. Callidus Capital Corp. to allow the appeal of the decision of the Que... -
Firm News
Aird & Berlis Recognized in 2020 Canadian Legal Lexpert Directory
36 members of Aird & Berlis have been recognized in the 2020 edition of The Canadian Legal Lexpert Directory. -
Article
SCC Grants Leave to Appeal Priority of CCAA Charges Over Federal Source Deduction Deemed Trusts
On March 26, leave to appeal the decision of the Alberta Court of Appeal in Canada v. Canada North Group Inc. was granted by the Supreme Court of Canada. No reasons were given. -
Article
Current Status of Court Access for Insolvency and Bankruptcy Matters in Light of COVID-19
The global COVID-19 pandemic has resulted in widespread closures and suspension of operations, including within the justice system in Ontario. Ontario courts have issued a number of notices detailing ... -
Article
Anisman v. Drabinsky: Claim to Set Aside Fraudulent Conveyance of Land Subject to Real Property Limitations Act 10-Year Limitation Period
On February 25, the Ontario Superior Court of Justice released its decision in Anisman v. Drabinsky, holding, among other things, that the limitation period for attacking a transfer of real property ... -
Article
Debtor and Creditor Bring Competing CCAA and Receivership Applications, NL Court Dismisses Both
On December 30, 2019, the Supreme Court of Newfoundland and Labrador released its decision in Re Norcon Marine Services Ltd., dismissing both an application by a debtor for continuance of its Bankrupt... -
Article
Ontario Court Revisits Issue of Landlord Drawing on a Letter of Credit in Excess of BIA Preferred Claim
In 7636156 Canada Inc. v. OMERS Realty Corporation, the Ontario Superior Court of Justice held that a bankrupt’s landlord was only entitled to have drawn down on a letter of credit by an amount equal ...