Founded in 1888, business law firm Cassels has expanded to three offices across Canada, in Toronto, Vancouver and Calgary. Toronto serves as the firm’s headquarters. It is known for its work across the financial and corporate practice areas. 

Focusses/specialisms

Cassels is particularly known for its strength in the mining and cannabis industries. 

In the banking and finance practice area, the firm acts on the lender and borrower side in DIP financing, acquisition financing, refinancing, project financing and general working capital financing. In project financing, the team is especially active in projects in the mining industry. The banking team also represents clients in the banking and financial services industry, as well as public institutions on financial services regulatory matters related to financial legislation and fintech issues.

The capital markets practice has experience on the debt and equity side of the market. It represents issuers and underwriters in investment grade and high yield bond issuances as well as bought deals and IPOs. The capital markets team works on asset-based securities.

The M&A practice has experience on both the buy and sell side in strategic and private equity acquisitions, mergers and reverse takeovers.

In restructuring and insolvency, the team acts for debtors, creditors and monitors in CCAA insolvencies and restructurings. 

Key clients

Key clients for the firm include VCP Capital Markets, Luxembourg Investment Company, Connacher Oil and Gas, PharmHouse, Stonebriar Commercial Finance, Yamana Gold, Hecla Mining, Continental Gold, New Gold, Canopy Rivers, Goldcorp, Kirkland Lake Gold, Canada Natural Resources, Tahoe Resources, BNP Paribas, Cerberus Business Finance, Business Development Bank of Canada, Payless Shoesource Canada and E&Y.