The capital markets group at Torys is composed of ‘practical business advisers with a great view of precedents and trends’. Striking a balance between transactional and regulatory expertise, the team leverages the wider firm’s preeminent financial institutions offering to excel in representing financial services clients as both issuers and underwriters — it also routinely represents corporate issuers. The national department is co-led by Toronto-based David Seville (’one of the best in Canada’), Toronto-based Rima Ramchandani and Calgary’s Scott Cochlan — all of whom contribute broad corporate finance experience. Also highly regarded in Toronto are capital markets specialists Glen Johnson and Kevin Morris, as well as securitization partner Jim Hong and senior associate Michael Murphy. In Calgary, Michael Pedlow is noted.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘A fully integrated transactional and regulatory financial services practice, with state-of-the-art practitioners and a wide industry network, which makes it relevant in both transactional and regulatory work. Lawyers are practical business advisors with a great view of precedents and trends in the market.’

  • ‘David Seville is a smooth and brilliant M&A leader in financial services. He always gets the deal done and does so respectfully, intelligently and always in a business-driven manner. One of the best in Canada.’

  • ‘Blair Keefe is the best in Canada in regulatory matters for financial institutions, he always has both the answer and the context around that answer — a conversation with him is worth several dozen hours with other practitioners.’

  • ‘The most relevant team on the street; aware of latest practices and trends. Lawyers possess deep expertise with financial institutions, layered over capital market knowledge, particularly David Seville, Glen Johnson and Michael Murphy.’

  • ‘The team is very knowledgeable, with cross-border (Canada/US) expertise which is unique among Canadian law firms. Lawyers are commercial and provide very good knowledge and analysis of legal issues as they relate to capital markets, new rules and emerging trends.’

  • ‘The team is professional, provides a clear legal view and brings in relevant partners to supplement work or provide a more detailed view in specific areas of expertise. Partners to recognize include Kevin Morris, Rima Ramchandani and Scott Cochlan.’

Key clients

  • British Columbia Investment Management Corporation
  • Manulife Financial Corporation
  • Brookfield Group of Companies
  • Tidewater Midstream and Infrastructure
  • Colliers International Group
  • The Bank of Nova Scotia
  • Canadian Imperial Bank of Commerce
  • Coast Capital Savings Federal Credit Union
  • Royal Bank of Canada
  • TD Securities
  • Sun Life Financial
  • 407 International
  • Grafton Ventures Energy Holdings Corp
  • iA Financial Corporation
  • Bank of Montreal
  • NFI Group
  • AltaGas
  • BlackBerry
  • Anaergia
  • Fairfax Financial Holdings
  • Greenbrook TMS

Work highlights

  • Advised British Columbia Investment Management Corporation on its inaugural C$1.2bn private placement of senior unsecured notes.
  • Represented Manulife on its C$1.2bn public offering of fixed/floating rate debentures.
  • Acted for Colliers International Group on its C$300m cross-border public offering of subordinate voting shares.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Rima Ramchandani, David Seville, Scott Cochlan

Other key lawyers

Glen Johnson, Kevin Morris, Jim Hong, Michael Pedlow, Robbie Leibel, Michael Murphy