Torys' technology practice is sought out by Canadian banks, insurers and credit unions for its expertise in technology transactions. The team handles a wide array of transactions from M&As to start-up financings, venture capital, contracting and outsourcing agreements. The team works closely with banks and credit unions across the country to modernize Canada’s financial infrastructure framework as well as other issues such as technology procurements. Outside of transactions, the team is also adept at handling contractual disputes involving technology contracts. Adam Armstrong and Joel Ramsey jointly lead the Toronto-based team; Armstrong specializes in technology and commercial contracting, while Ramsey leads on commercial issues such as technology development and procurement and digital transformations. Ebad Rahman excels in advising financial institutions in payment technologies and payment modernization programs. Steven Slavens is noted for his work on technology and outsourcing transactions. Jessica Lumière sits in Calgary and focuses on advising on technology-related deals.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Deep bench strength with proven expertise in regulatory work, M&A, competition, corporate and commercial transactions as well as litigation.’
‘Steven Slavens is a highly knowledgeable IT/technology sourcing lawyer with a great deal of experience and a practical, measured approach to contract reviews and negotiation. On a personal level, he has a wry sense of humour and is easy to get along with.’
‘The Torys team are extremely knowledgeable in the legal areas I needed assistance with. They managed contract drafting and negotiations with the third party efficiently. They are always extremely responsive and focus on ensuring client satisfaction.’
‘I have worked closely with Ebad Rahman on several complex matters. He consistently demonstrates exceptional legal acumen, attention to detail and excellent client service. He also brings a wealth of industry insight as well as excellent contract drafting and negotiation skills. Ebad routinely goes above and beyond, making himself available at critical moments and providing thoughtful, practical advice.’
‘Torys is a strong partner and brings together the right people at the right time to address the issue of the day.’
‘Adam Armstrong is the key partner that we work with and we value not only his legal acumen but also wise business counsel and his ability to provide relevant advice and guidance supporting our business objectives. His deep expertise is evident in every interaction.’
Key clients
- Payments Canada
- The Goodyear Tire & Rubber Company
- Prairie Centrals (CUCA, CUCS & CUCM)
- TMX Group
- Princess Margaret Cancer Foundation
- Infrastructure Ontario
- Canadian Imperial Bank of Commerce
Work highlights
Advised Payments Canada on the negotiation of its agreement with IBM as the clearing and settlement solution provider for the Real-Time Rail (RTR).
Advised Credit Union Central of Manitoba, Credit Union Central of Saskatchewan and Credit Union Central of Alberta on its sale of the business of Celero Solutions.
Advised TMX Group on its acquisition of Newsfile Corp.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Adam Armstrong; Joel Ramsey
Other key lawyers
Steven Slavens; Ebad Rahman; Adam Armstrong; Jessica Lumière