Bonny Murray > Blake, Cassels & Graydon LLP > Toronto, Canada > Lawyer Profile

Blake, Cassels & Graydon LLP

Work Department

Financial Services


Bonny’s practice is focused on the financial services industry. She provides regulatory advice to Canadian and foreign financial institutions and service providers on all aspects of their business. She specializes in insurance and banking, payments and payment technologies, merchant acquiring and consumer protection including auto and equipment financing and leasing.

Bonny has significant experience liaising with federal and provincial regulators on behalf of clients on regulatory approval applications, compliance issues and questions of statutory interpretation. She advises on transactions involving financial services clients including corporate mergers and acquisitions, reinsurance transactions and pension de-risking, including longevity insurance transactions.

Lawyer Rankings

Canada > Banking and finance

(Next Generation Partners)

Bonny Murray – Blake, Cassels & Graydon LLP

Combining standalone offerings in both banking regulation and financial transactions, Blake, Cassels & Graydon LLP fields one of the broadest financial services practices in the market. Through its well-staffed platforms in Toronto, Calgary, Montreal and Vancouver, the team enjoys close relationships with major Canadian banks, and its New York and London offices also mark it as a popular choice to advise multinational financial institutions. On the regulatory side, national financial services head Paul Belanger is widely regarded as a market leader; in a notable pathfinder mandate, he advised Definity Financial (formerly Economical Mutual Insurance Company) on the first property and casualty demutualization in Canada. Jacqueline Shinfield and up-and-coming partner Bonny Murray are also key contacts for regulatory work. On the transactional front, Michael Matheson represents financial institutions and alternative lenders on many of Canada’s largest financings; he recently advised BMO, and a syndicate of lenders, on providing $1.4bn of credit facilities to support Brookfield Infrastructure’s C$8bn acquisition of Inter Pipeline. Other senior names include Calgary-based Michael McIntosh KC, who specializes in energy-related financings; Simon Finch, who routinely acts for both lenders and corporate borrowers; and seasoned finance expert Michael Harquail. The group also leans on Calgary-based next-generation partner Nick Tropak and counsel Mena Bellofiore, whose practice is dedicated to regulatory compliance. Named lawyers are based in Toronto unless otherwise stated.

Canada > Insurance

(Leading individuals)

Bonny Murray

Blake, Cassels & Graydon LLP

Widely recognized as a market leader for insurance work, Blake, Cassels & Graydon LLP stands out for its record in cutting-edge mandates. In a recent example, Toronto-based financial services lead Paul Belanger advised Definity Financial (formerly, Economical Mutual Insurance Company) on the first property and casualty demutualization in Canada, which involved the establishment of a new legal framework and a C$1.6bn IPO. Alongside its transactional and regulatory expertise, the group also houses strong contentious capability. Calgary-based litigator David Tupper frequently handles complex insurance litigation and is representing a nuclear power mutual insurance company on a C$50m reinsurance dispute. Up-and-coming Montreal-based litigator Matthew Liben also has an emphasis on insurance and reinsurance disputes. Other key contacts include Jake Gilbert and Bonny Murray, who are noted for transactional and regulatory insurance matters respectively, both are in Toronto.