Practice Areas & Industries: Ogilvy Renault LLP

Practice/Industry Group Overview

The asset-based lending ("ABL") team is recognized as one of the leading ABL practices in Canada (Lexpert Magazine), with more than 20 professionals located in offices in Montreal, Ottawa and Toronto. Almost one third of all lawyers ranked by Lexpert as leading practitioners in ABL in Canada are members of Ogilvy's ABL team. Our ABL team represents a majority of ABL lenders in Canada in a majority of their transactions.

CONTACT
Kevin J. Morley

Services Available

We believe that the integrated, national approach of our ABL group, when combined with the depth of our experience, expertise and tenacity means that we:

• Provide advice and services that address business practicalities as well as the legal technicalities;
• Are a one stop shop for all Canadian legal matters, both common law and Quebec civil law;
• Have developed with our tax specialists innovative and effective cross-border lending structures;
• Have comprehensive knowledge of our clients' expectations, practices and personnel;
• Anticipate and address industry-specific issues, with particular expertise in retail, steel, forestry, transportation and manufacturing;
• Implement complex, multi-jurisdictional transactions on short notice, using developed strategies.

We understand that our primary responsibility is to deliver the "deal" expected on the parties, on time and on budget.

We also understand that our responsibilities include working seamlessly with domestic and foreign lender personnel in marketing, underwriting, credit and work-out functions. We know how to highlight differences in law and/or practice while not reinventing the wheel.

In that connection, we work closely with our insolvency and restructuring professionals, with some key cross-over of specialties and extensive working together to advise clients from deal inception to debtor-in-possession financings and formal insolvency proceedings.

With rapidly evolving capital markets and increasingly complex capital structures, the ABL team has extensive relative experience in term loan 'B' (and 'C' and 'D'), high yield, mezzanine and subordinate debt financing structures, having acted on the financings of numerous multi-layered, multi-billion dollar leveraged acquisitions. We have also actively advised ABL lenders seeking to establish businesses in their regulatory needs and in buying and selling finance portfolios.

Services

• Second Lien/Term "B" and mezzanine financing
• Insolvency and restructuring
• Priority disputes
• Receivables financings
• Secured financing
• Regulatory
• Factoring