Service

Asset-based Lending

Osler advises both borrowers and lenders in structuring, negotiating and documenting a wide array of domestic and multi-jurisdictional asset-based lending (ABL) transactions – from sponsor led acquisitions to debtor-in-possession and exit transactions. 

We understand the legal and practical issues involved in these collateral-based financings.  Our ABL group has deep industry experience and has advised clients in implementing ABL solutions in such diverse sectors as industrial, manufacturing, retail, distribution, consumer products, forestry, steel, technology and software, oil and gas, and airline industries.

Our ABL team works closely with lawyers in our insolvency and restructuring group, with extensive collaboration between teams to advise clients from deal inception to exit.

Key Contacts

Joyce M. Bernasek

Partner, Financial Services, Toronto

Richard M. Borins

Partner, Financial Services, Toronto


Representative Work


Latest Insights

  • Osler Update Aug 28, 2023

    Bill C-228: What secured parties need to know

    Bill C-228, known as the “Pension Protection Act” (the PPA) received Royal Assent in April 2023 and is now law.

    Read more
    Bill C-228: What secured parties need to know
  • Osler Update Jul 7, 2023

    CARR’s recent recommendations for ‘tough-legacy securities’ ahead of CDOR cessation

    A white paper published by the CARR working group recommends market participants take measures to review the terms of their securities that mature...

    Read more
    CARR’s recent recommendations for ‘tough-legacy securities’ ahead of CDOR cessation
  • Osler Update Jan 13, 2023

    CARR confirms Term CORRA is under development

    A recent market notice published by CARR is a significant and highly anticipated development in Canada’s transition away from CDOR.

    Read more
  • Osler Update Aug 9, 2022

    Recommended fallback language should encourage a smooth transition from CDOR to CORRA (webinar)

    With the Canadian Overnight Repo Rate Average set to replace the Canadian Dollar Offered Rate by June 2024, newly released recommended fallback...

    Read more
View all Insights
Stay up to date with our latest insights
Subscribe

Awards and Recognition

  • Chambers Canada: Canada’s Leading Lawyers for Business: Recognized in Banking & Finance
  • Chambers Global: The World’s Leading Lawyers for Business: Recognized in Banking & Finance
  • The Canadian Legal Lexpert Directory: Recognized in Asset Equipment Finance/Leasing (Toronto, Ontario; Calgary, Alberta)
  • IFLR 1000: The Guide to the World’s Leading Financial Law Firms: Recognized in Banking; Financial Services Regulatory
    •  Sources describe Osler as having “a deep bench firm wide. They can utilize the wide expertise of the firm.”
  • Legal 500: Recognized in Banking and Finance Law