Jim is an experienced Toronto commercial lending lawyer who joined the business law group of Devry Smith Frank LLP (“DSF”) early in 2014. In his previous years of practice, Jim was a senior business law partner in the Toronto office of a well respected national Canadian law firm. With DSF, Jim looks forward to continuing to offer client focused and cost effective legal services and solutions as a trusted advisor to borrowers and lenders.
Clients benefit from Jim’s extensive experience in advising domestic and foreign clients in all aspects of Canadian commercial lending law including loan and security documentation, intercreditor and subordination agreements, cross-border issues, specialized security over investment property, transactional legal opinions, banking services and products and the regulatory aspects of foreign lenders operating in the Canadian market. He also provides expert advice with respect to the application and interpretation of the Ontario Personal Property Security Act and Securities Transfer Act, 2006.
In his commercial lending practice with DSF, Jim will continue to provide personalized and value-added services to borrowers and lenders including banks, credit unions, private lenders, institutional and other specialty lenders and governmental financing agencies. He is also well versed in providing commercial law support to restructuring and insolvency practitioners in connection with loan realization and work-out transactions.
Jim’s industry experience includes automotive, aerospace, agriculture, financial services, investment advisory, financial planning, technology, manufacturing, sports franchises, pension funds, distributors, transportation, infrastructure, co operatives, marketing, brand advisory and commercial real estate.
He also actively participates in the Toronto Opinion Group and is a member of the Canadian Bar Association and the American Bar Association and has written in connection with the introduction of the Securities Transfer Act, 2006. Please feel free to contact our experienced commercial lending lawyer James Proskurniak directly at (416) 446-4040.