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Brian Kelsall specializes in corporate project fi nance with particular emphasis on
public-private partnerships and infrastructure development, both internationally and
domestically. He advises lenders, sponsors and investors in respect of projects in Canada
and abroad in the infrastructure, energy, telecom, mining, oil and gas and power sectors.
He has extensive banking law, securitization and mergers and acquisitions experience.
Recent transactions in which Kelsall acted as lead counsel include advising the lenders
on Infrastructure Ontario's Windsor Essex Highway PPP Project, St. Joseph's Hospi-
tal PPP Project, the Disraeli Bridges PPP Project in Manitoba and advising the federal
government on its Communications Security Establishment Canada Long-Term
Accommodation Project. Kelsall is a member of the Law Society of England and Wales
and the International Bar Association. Kelsall was called to the Ontario Bar in 1982, the
Alberta Bar in 1985 and the Roll of Solicitors of England and Wales in 2005.
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Head of Torys' Financial Services Practice and co-head of Torys' Payment Cards and
Processing Services Practice. Practice focuses on corporate and regulatory issues relat-
ing to fi nancial institutions, including M&A, payment issues and corporate fi nance.
Provides regulatory advice on the establishment of new banks, trust companies and insur-
ance companies under the applicable federal legislation. Regulatory counsel to Canada's
three largest insurance companies and several Schedule I, II and III banks. Provided
regulatory advice on foreign and domestic demutualizations, and on the development
of various capital instruments, including under the new Basel III rules. Recommended
in ! e Lexpert®/ALM Guide to the Leading 500 Lawyers in Canada; ! e Best Lawyers
in Canada; and Euromoney's IFLR1000: ! e Guide to the World's Leading Financial
Law Firms. Co-editor, Carswell's Consolidated Bank Act and Regulations. Published
numerous articles on fi nancial institution regulatory matters. MBA/LLB, Dalhousie
University. LLM, Osgoode Hall Law School. Ontario Bar.
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Andy Kent practices restructuring and fi nance serving as Co-chair, Restructuring and
Financial Services, and as CEO of McMillan LLP. He is highly ranked in many leading
directories and has been named one of Canada's most infl uential lawyers. Quotes about
Kent include: "one of the brightest minds in restructuring in Canada," "leading light
who is as bright as day," "[having] a real creative streak and the ability to 'always dig a bit
deeper,'" "admired for possessing capabilities to deal with the most diffi cult legal issues
in any fi nancing context," "immensely shrewd and formidable adversary," "clients were
eff usive in their praise," "a lawyer with a brilliant legal mind and one of the best insol-
vency practitioners in Canada," "distils complex business issues into simple language,"
"no one doubts [his] academic pedigree and technical excellence" and "impressive street
fi ghter and strategist." He has led major briefs in many leading cases, including Yellow
Media, Crystallex, Canwest, General Motors and Quebecor World.
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Scott Kraag is a partner in Torys' Project Finance, Infrastructure and Energy practices,
where his practice focuses on corporate project fi nance, with a particular emphasis on
the renewable energy sector, infrastructure development and mining. Recently, Kraag has
acted as lead fi nancing counsel on the South Kent, Grand Renewable, K2 and Armow
wind projects, the Ottawa Light Rail and the Windsor Essex transportation projects and
Inmet Mining's streaming transaction with Franco Nevada. Recognized by ! e Legal
Media Group Guide to the World's Leading Project Finance Lawyers as a leading Canadian
lawyer in project fi nance, Kraag is also Adjunct Professor of Law at Osgoode Hall Law
School where he teaches Commercial Law. Solicitor, England and Wales, 2002. British
Columbia Bar, 1998. Ontario Bar, 1998. LLB (magna cum laude), 1996, University of
Ottawa. BA (Honors, Dean's List), 1993, University of Western Ontario.
Brian C.
Kelsall
Fasken
Martineau
DuMoulin LLP
Tel: (416) 865-5493
Fax: (416) 364-7813
Toronto
Blair W.
Keefe
Torys LLP
Tel: (416) 865-8164
Fax: (416) 865-7380
Toronto
Andrew
J.F. Kent
McMillan LLP
Tel: (416) 865-7160
Fax: (647) 722-6715
Toronto
Scott Kraag
Torys LLP
Tel: (416) 865-7980
Fax: (416) 865-7380
Toronto
bkelsall@fasken.com
bkeefe@torys.com
andrew.kent@mcmillan.ca
skraag@torys.com
BANKING & FINANCIAL INSTITUTIONS
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