John D. Morrison* 

Co-Chair, B.C., Financial Services, Project Finance
Vancouver  t: 604.691.7411  |  e: john.morrison@mcmillan.ca

John D. Morrison*

Vancouver
Royal Centre, Suite 1500
1055 West Georgia Street, PO Box 11117
Vancouver, British Columbia V6E 4N7

t: 604.691.7411
e: john.morrison@mcmillan.ca

overview

John practises real estate finance and banking law in the firm's Vancouver office. He has been a partner since 1987 and is the senior real estate finance and banking lawyer in the Vancouver office's Financial Services Group.

His expertise includes:

  • Real Estate Finance: Acting for lenders and borrowers in debt financings of commercial, office, industrial and mult-itenant residential real estate properties.
  • Real Estate Project Finance: Acting for lenders and borrowers in connection with project loans for real estate developments.
  • CMHC Insured Loans: Representing lenders in connection with CMHC insured loans.
  • Commercial Real Estate: Acting for corporations which own and operate income-producing real estate.
  • Corporate and Commercial Credit Facilities: Acting for lenders and borrowers in all types of corporate and commercial credit facilities.
  • Mine Finance: Acting for borrowers in connection with debt financing of mining companies and projects.
  • Personal Property Security: Representing lenders and borrowers in financings secured by personal property and providing advice and opinions on personal property security matters including registrations, perfection, priority issues and realization procedures.
  • Capital Markets: Acting for issuers and trustees in connection with issues of bonds, notes and other debt instruments.
  • Workouts and Restructuring: Advising borrowers and lenders on workouts and restructurings of existing credit facilities.
  • New Products: Assisting lenders in the development of new products and programs.
  • Environmental: Providing advice on environmental issues in connection with lending and debt financing transactions.
  • Local Counsel: Acting as local British Columbia counsel in debt financing transactions involving assets or parties located in British Columbia.
  • Multi-jurisdictional Transactions: Acting for lenders and borrowers in debt financings involving parties and assets in other Canadian provinces, the United States and other countries.
  • Title Insurance: Providing advice to lenders and borrowers on title insurance and related issues.

Representative Matters

John has acted for:

  • Life insurance companies, banks and other institutional and private lenders in connection with billions of dollars of commercial mortgage financings and real estate project financings in British Columbia over the past 34 years.
  • A gaming operator in connection with the issue of C$450 million senior notes and a C$350 million credit facility.
  • A corporate group involved in the construction industry in connection with its corporate credit facility.
  • Mining companies in connection with secured financings of mines in British Columbia, Yukon and Mexico.
  • Mezzanine lenders in connection with credit facilities subordinate to senior lenders.

Publications

"Opinions" of British Columbia Personal Property Security Act Practice Manual, Chapter 23
"Mixed Real Estate and Personal Property Securities Interests"
New B.C. Limitation Act More Favourable to Lenders Holding Demand Obligations

News

22 McMillan Lawyers Recognized in the 2020 Legal 500: Canada Directory
71 McMillan Lawyers Named in the 2020 Edition of Best Lawyers in Canada
McMillan lawyers recognized in US/Canada Cross-Border Guide 2019
60 McMillan Lawyers Recognized in the 2019 Canadian Legal Lexpert Directory
65 McMillan Lawyers Named in the 2019 Edition of Best Lawyers in Canada
McMillan lawyers recognized in US/Canada Cross-Border Guide 2018
McMillan lawyers well-represented in the 2018 Canadian Legal Lexpert Directory
McMillan lawyers recognized in Lexpert's Special Edition on Global Mining 2017-18
Margaret McNee recognized as Mutual Funds Lawyer of the Year, along with 58 McMillan Lawyers in the 2018 Best Lawyers in Canada Report
McMillan lawyers well-represented in the 2017 Canadian Legal Lexpert Directory
McMillan lawyers recognized in the 2017 Lexpert®/American Lawyer Guide to the Leading 500 Lawyers in Canada
61 McMillan lawyers recognized in The Best Lawyers in Canada 2017
McMillan Lawyers featured in the Lexpert 2016 Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada
McMillan lawyers well-represented in the 2016 Canadian Legal Lexpert Directory
McMillan lawyers recognized as leading Canadian lawyers in global mining by Lexpert
McMillan lawyers listed in the 2016 Lexpert®/American Lawyer Guide to the Leading 500 Lawyers in Canada
60 McMillan lawyers recognized in the 10th Edition of The Best Lawyers in Canada
McMillan Lawyers featured in the Lexpert 2015 Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada
McMillan lawyers are well represented in the 2015 Canadian Legal Lexpert Directory
McMillan lawyers named amongst leading Canadian lawyers in global mining by Lexpert
McMillan lawyers listed in the 2015 Lexpert®/American Lawyer Guide to the Leading 500 Lawyers in Canada
McMillan lawyers recognized in the 2015 Best Lawyers in Canada
Fourteen McMillan Lawyers featured in the Lexpert 2014 Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada
McMillan lawyers are well represented in the 2014 Canadian Legal Lexpert Directory
Nine McMillan lawyers listed in the 2014 Lexpert®/American Lawyer Guide to the Leading 500 Lawyers in Canada
49 McMillan lawyers recognized in the 2014 Best Lawyers in Canada
Canadian Legal Lexpert Directory 2013 Recognizes 44 McMillan Leading Practitioners
Ten McMillan lawyers listed in the 2013 Lexpert®/American Lawyer Guide to the Leading 500 Lawyers in Canada
47 McMillan lawyers recognized in the 2013 Best Lawyers in Canada
50 McMillan Lawyers recognized in the 2012 Best Lawyers in Canada

Education

  • University of British Columbia, LLB - 1979
  • University of British Columbia, BA - 1975

Year Of Call

  • Called to the British Columbia bar - 1980

Practices

project finance
real estate financing
secured lending and syndicated finance
gaming and lottery
environmental regulation
financial services
commercial real estate
business law

Industries

commercial real estate
banking
insurance
gaming and lottery
mining

Directorships and Professional Associations

  • Canadian Bar Association, Banking Law Section
  • Mortgage Investment Association of British Columbia
  • B.C. Benchers Sub-Committee on Legal Opinions

Teaching Engagements

  • Continuing Legal Education Society of B.C.
  • Canadian Bar Association Banking Law Subsection

Awards & Rankings

  • Listed in the Legal500 Canada 2020 as a “Recommended Lawyer” – Banking and Finance
  • Recognized by Best Lawyers in Canada (2020) as a leading lawyer in the areas of Asset-Based Lending and Banking & Finance Law
  • Recognized by the 2019 Lexpert Guide to the US/Canada Cross-Border Lawyers in Canada as a leading Canadian lawyer in cross-border practices
  • Recognized in the 2019 Canadian Legal Lexpert Directory as a Consistently Recommended lawyer in the area of Banking & Financial Institutions
  • Listed in Best Lawyers in Canada (2019) as a leading lawyer for Asset-Based Lending Practice and in the area of Banking and Finance Law
  • Recognized in the 2018 Canadian Legal Lexpert Directory as a Most Frequently Recommended lawyer in the area of Banking & Financial Institutions
  • Listed in Lexpert Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada 2018 as a leading lawyer in Canada
  • Listed in Best Lawyers in Canada (2018)  as a leading lawyer for Asset-Based Lending Practice and in the area of Banking and Finance Law
  • Listed in Canadian Legal Lexpert Directory 2017 as a "Most Frequently Recommended" Banking & Financial Institutions lawyer
  • Listed in the Lexpert Special Edition - Global Mining as a leading Canadian mining lawyer
  • Listed in 2018 Lexpert®/American Lawyer Guide to the Leading 500 Lawyers in Canada 2018 as a leading Banking & Financial Institutions lawyer
  • Listed in Lexpert Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada 2017 as a leading Banking & Financial Institutions lawyer
vcard
* Law Corporation

John practises real estate finance and banking law in the firm's Vancouver office. He has been a partner since 1987 and is the senior real estate finance and banking lawyer in the Vancouver office's Financial Services Group.

His expertise includes:

  • Real Estate Finance: Acting for lenders and borrowers in debt financings of commercial, office, industrial and mult-itenant residential real estate properties.
  • Real Estate Project Finance: Acting for lenders and borrowers in connection with project loans for real estate developments.
  • CMHC Insured Loans: Representing lenders in connection with CMHC insured loans.
  • Commercial Real Estate: Acting for corporations which own and operate income-producing real estate.
  • Corporate and Commercial Credit Facilities: Acting for lenders and borrowers in all types of corporate and commercial credit facilities.
  • Mine Finance: Acting for borrowers in connection with debt financing of mining companies and projects.
  • Personal Property Security: Representing lenders and borrowers in financings secured by personal property and providing advice and opinions on personal property security matters including registrations, perfection, priority issues and realization procedures.
  • Capital Markets: Acting for issuers and trustees in connection with issues of bonds, notes and other debt instruments.
  • Workouts and Restructuring: Advising borrowers and lenders on workouts and restructurings of existing credit facilities.
  • New Products: Assisting lenders in the development of new products and programs.
  • Environmental: Providing advice on environmental issues in connection with lending and debt financing transactions.
  • Local Counsel: Acting as local British Columbia counsel in debt financing transactions involving assets or parties located in British Columbia.
  • Multi-jurisdictional Transactions: Acting for lenders and borrowers in debt financings involving parties and assets in other Canadian provinces, the United States and other countries.
  • Title Insurance: Providing advice to lenders and borrowers on title insurance and related issues.

John has acted for:

  • Life insurance companies, banks and other institutional and private lenders in connection with billions of dollars of commercial mortgage financings and real estate project financings in British Columbia over the past 34 years.
  • A gaming operator in connection with the issue of C$450 million senior notes and a C$350 million credit facility.
  • A corporate group involved in the construction industry in connection with its corporate credit facility.
  • Mining companies in connection with secured financings of mines in British Columbia, Yukon and Mexico.
  • Mezzanine lenders in connection with credit facilities subordinate to senior lenders.
November 2017
"Opinions" of British Columbia Personal Property Security Act Practice Manual, Chapter 23

Continuing Legal Education Society of B.C.

2015
"Mixed Real Estate and Personal Property Securities Interests"

Continuing Legal Education of B.C., PPSA 2015

July 2013
New B.C. Limitation Act More Favourable to Lenders Holding Demand Obligations

Business Law Bulletin (2013) and National Insolvency Review (2014)