Paul Belanger > Blake, Cassels & Graydon LLP > Toronto, Canada > Lawyer Profile

Blake, Cassels & Graydon LLP
199 BAY STREET
SUITE 4000, COMMERCE COURT WEST
TORONTO, ONTARIO M5L 1A9
Canada

Work Department

Financial Services

Position

Paul is Practice Group Leader of the Financial Services practice. He deals with all aspects of the regulation business and affairs of financial institutions, including banks, insurance companies and other regulated and unregulated providers of financial services. Paul advises on governance, enterprise risk management, business and ownership structures, product development, permitted investments, capital, related-party transactions, licensing, product development and distribution matters and all regulatory issues. He also advises on acquisitions, pension derisking transactions, divestitures, reorganizations and joint ventures involving financial service providers, and advises financial services providers on a variety of agreements and services.

Lawyer Rankings

Canada > Banking and finance

(Hall of Fame)

Paul BelangerBlake, 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)

Paul BelangerBlake, 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.