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Andrew Fleming

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Senior Partner
Toronto,  ON  Canada
Phone+1 416.216.4007

Peer Rating
 5.0/5.0
AV® Preeminent

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Practice Areas

  • Capital markets
  • Commodities
  • Corporate
  • Debt capital markets
  • Equity capital markets
  • Financial services and markets
  • Investment funds
  • Islamic finance
  • Mergers and acquisitions
  • Mining
  • Securitization
  • Securitisation
  • Financial institutions
  • Infrastructure, mining and commodities
  • Technology and innovation
  • Corporate and commercial
  • Corporate finance and securities
  • Debt finance
  • Governance and directors' liability
  • Mergers and acquisitions
  • Mining and resources
 
University McGill University, B.A., 1971
 
Law SchoolMcGill University, B.C.L., 1974
 
Admitted1975, Quebec; 1999, Ontario
 
Biography

Andrew Fleming has extensive experience in business law, including company, securities and banking law, and regulatory requirements relating to corporate transactions, financings and mergers and acquisitions. He has participated in all aspects of company law, including advising on general corporate matters relating to governance and structure and assisting in major corporate reorganizations by way of arrangements or amalgamations. He has also participated in all aspects of securities law including public financings (acting for issuers, underwriters and purchasers) in Canada, the United States and Europe, private placements, including project financings, and merger and acquisitions work related primarily to public take-over bids.

Mr. Fleming has acted as counsel to both financial institutions and borrowers in project financings for the telecommunications industry, industrial undertakings and natural resource projects. He has also assisted corporations in structuring their regular borrowing activities and is familiar with the corporate, securities and banking law implications of such transactions.

Mr. Fleming has served on numerous industry and government committees dealing with securities and corporate law matters in Canada. He is a past member of the Continuous Disclosure Reform Committee of the Quebec Securities Commission, the Policy Advisory Committee of the Ontario Securities Commission, the Committee on Corporate Disclosure of the Toronto Stock Exchange, the Consultative Committee of Securities Law Practitioners to the Quebec Securities Commission and the Continuous Disclosure Advisory Committee of the Ontario Securities Commission. His practice also includes arbitration of commercial matters under the auspices of the ICC Court of Arbitration.

From 1999 to 2006, he was a member of our executive committee. In August 1999 he relocated from London, UK, where he was Managing Partner, to Toronto as Managing Partner, then Co-Managing Partner, of our Toronto office, a position he held until 2003.

Selected client work

Clients for whom Mr. Fleming has acted include:

ˇ Royal Bank of Canada in connection with the US$1.5-billion offering of covered bonds under Rule 144A in the United States, on a private placement basis in Canada, and in Europe

ˇ Royal Bank of Canada in connection with the offering in Canada of covered bonds in an aggregate amount of $850 million due March 16, 2015

ˇ Royal Bank of Canada in connection with the offering in Canada of covered bonds in an aggregate amount of $750 million which closed on November 10, 2009

Speaking engagements

ˇ Participated in many conferences related to company, securities and banking law

Rankings and recognitions

ˇ Recognized as a BTI Client Service All-Star 2012

ˇ Best Lawyers in Canada, 2012 - Corporate Law: Finance, Securities Law

ˇ The International Who's Who of Capital Markets Lawyers, 2011

ˇ 2010 Lexpert Guide to the Leading US/Canada Cross-border Corporate Lawyers in Canada

ˇ Lexpert / American Lawyer Guide to the Leading 500 Lawyers for Canada - Most frequently recommended for Corporate Commercial Law

ˇ Chambers Global: The World's Leading Lawyers for Business, 2011: Corporate Law/Mergers and Acquisitions

ˇ IFLR1000

Related Publications

Canada introduces new Financial Institution legislation
On November 23, 2011, the Government of Canada introduced a bill known as the Financial System Review Act.
28/11/2011

Financial services updater - international edition
Financial services updater, our newsletter service that details the latest UK and international financial services regulatory developments.
11/10/2011

Canadian Task Force on payments system issues discussion paper
The Task Force for the Payments System Review has recently published its discussion paper The Way We Pay: Transforming the Canadian Payments System.
26/07/2011

Financial services updater - international edition
Financial services updater, our newsletter service that details the latest UK and international financial services regulatory developments.
01/08/2011

New TSX proposals regarding election of directors of listed issuers
On September 9, 2011, the Toronto Stock Exchange ("TSX") published proposed amendments to its Company Manual (the "TSX Proposals").
22/09/2011

Canadian covered bond legislation consultation paper released
Following the Canadian Government's announcement in its 2010 budget of its intention to introduce a legislative framework for covered bonds, the Department of Finance yesterday released its much anticipated consultation paper on the proposed framework.
12/05/2011

Over-the-counter derivatives consultation
On November 2, 2010 the Canadian Securities Administrators (CSA) published a consultation paper in relation to Canada's response to the G20's commitments to develop a more robust oversight of the financial markets, including over-the-counter
04/11/2010

Regulation of Shareholder Democracy Issues
On January 10, 2011, the Ontario Securities Commission published OSC Staff Notice 54-701 - Regulatory Developments Regarding Shareholder Democracy Issues which confirms their continued review of protections for shareholders' rights and corporate governance and provides an update regarding the
20/01/2011

International Bank Regulatory Capital Requirements
Basel Committee on Banking Supervision Publishes Revised Capital Framework and Phase-In Periods.
15/09/2010

Canada's extraordinary financing framework: New announcements
On February 23, 2009, two initiatives were announced in the context of the Government of Canada's Extraordinary Financing Framework which supports financing for Canadian businesses and consumers. First, the Government launched a consultation on how best to implement the Canadian Secured Credit
02/03/2009

Canadian covered bond legislation contemplated as part of federal budget
Having been involved in the establishment of covered bond programs for Canadian financial institutions from the outset, we are pleased to see that the Government's March 2010 budget contemplates the introduction of covered bond legislation.
08/03/2010

Related News

Lawyers finding new ways to get paid
Andrew Fleming discusses alternative billing in the Globe and Mail. The Globe also talks about Ogilvy Renault officially joining Norton Rose Group and the impact it could have on the industry.
01/06/2011

Lessons law firms learnt from the Great Recession
Andrew Fleming talks to Lawyers Weekly about what the recession meant for value-based billing.
19/08/2011

Andrew Fleming honoured with ILO Client Choice Award
Ogilvy Renault is pleased to announce that Andrew Fleming, Senior Partner at the firm, has been honoured with a 2010 International Law Office Client Choice Award for Banking in Canada.
23/04/2010

Canadian firms begin accessing Association of Corporate Counsel rating system
Senior partner Andrew Fleming describes the benefits of the ACC's Value Index for in-house counsel in Metropolitan Corporate Counsel.
04/10/2010

Clock ticking on hourly billing
Andrew Fleming comments in the National Post on alternatives to billing clients by the hour.
01/09/2010

Canadian Firms Begin Accessing ACC Rating System
The value of the Association of Corporate Counsel Value Index is increased if in-house counsel can comment anonymously, Andrew Fleming says in Canadian Lawyer InHouse.
16/02/2010

Drill Seekers
Ogilvy Renault is excited about Calgary because it's booming a little more than in the past and we're continuing to see demand for legal services there, says Andrew Fleming in The Lawyer's report on Canada.
01/02/2010

ACC Value Challenge at one year
A lot of in-house counsel are embracing the Value Challenge and recognizing that it is not simply a question of saying I want a discount, says Andrew Fleming in Canadian Lawyer InHouse.
21/12/2009

Bankers balk, others laud Obama overhaul
The Obama administration's regulatory reforms are the first major attempt to install a regime that will anticipate financial crises, says Andrew Fleming in The Bottom Line.
01/08/2009

Obama rewrites financial rules
Andrew Fleming is quoted in the Globe and Mail on President Barack Obama's sweeping overhaul of financial regulation in the United States.
18/06/2009

Top 10 recession practice areas
Andrew Fleming tells Lexpert that litigation is one area of expertise that should reap some benefits from the recession.
21/05/2009

Firms walk the talk on values
Corporate social responsibility initiatives are a key part of many organizations. Andrew Fleming comments in Lexpert.
21/05/2009

Is the billable hour really dying?
There is a growing consensus that the billable hour is not working, says Andrew Fleming in Lawyers Weekly.
08/05/2009

Surviving The Downturn
While global markets tank, big Canadian law firms are proving resilient so far, says Lawyers Weekly. Andrew Fleming looks ahead at the challenges firms face in the current marketplace.
28/11/2008

Controlling the cost centre
Andrew Fleming speaks about how law firms can work more efficiently for their clients, the future of the billable hour and the ACC Value Challenge. He comments in the April issues of both Canadian Lawyer and Lexpert.
14/04/2009

Manulife Borrows $3 Billion from Banks
Andrew Fleming is quoted in this story from Canwest News, also published in the Vancouver Sun, about Manulife Financial's $3 billion loan.
06/11/2008

PPP Picks Up but BCE Casts a Dark Shadow
Nick Williams and Andrew Fleming of the Business Law Group discuss in EuroWeek magazine the trend towards public-private partnership loans maintaining its status as Canadian investors' favourite assets.
19/09/2008

Corporate Lawyers Wait For Other Shoe To Drop
A focus on corporate commercial law in Law Times features Andrew Fleming addressing the pending ruling by the Supreme Court on the BCE sale, on which it only gave partial direction on its thinking in June.
11/08/2008

Clock Ticking On Accounting Change For Public Companies
The time is now to prepare for the switch to the International Financial Reporting Standards.
11/08/2008

Migrating From Marketing To Business Development
Andrew Fleming and Lise Monette talk to Canadian Lawyer about client service and the development of client teams.
22/03/2010

 
ISLN901579582
 

Documents by this lawyer on Martindale.com

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Securities in Brief - Canadian Legislative Framework Introduced for Covered Bonds
Andrew Fleming,Peter S. Noble,Eric Reither, May 1, 2012
On April 26, 2012 the Canadian government introduced legislation which provides a framework for the issuance of covered bonds by Canadian financial institutions. The framework is intended to make the market for Canadian covered bonds more robust and increase financial stability by helping lenders...

New TSX Proposals Regarding Election of Directors of Listed Issuers
Michael J. Bennett,Thierry Dorval,Andrew Fleming,Peter S. Noble,Henrick Simard, September 29, 2011
On September 9, 2011, the Toronto Stock Exchange (“TSX”) published proposed amendments to its Company Manual (the “TSX Proposals”).

Canadian Task Force on Payments System Issues Discussion Paper
Andrew Fleming, August 1, 2011
The Task Force for the Payments System Review has recently published its discussion paper The Way We Pay: Transforming the Canadian Payments System. The discussion paper presents the research of the Task Force to date and elaborates on the goal of Canada to become a world leader in payments. The...


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Office Information

Andrew Fleming
Norton Rose Canada LLP
200 Bay Street
Toronto, ON M5J 2Z4




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