- Counsel to Comerica Bank in a connection with a large portfolio of loans to borrowers in the technology and life sciences sector
- Counsel to RBC Capital Partners in connection with a $23,000,000 subordinate debt credit facility to a borrower in the business of providing downhole wireline services
- Canadian counsel to JPMorgan in connection with a US$80,000,000 credit facility to a borrower specializing in energy efficiency solutions
- Counsel to Comerica Bank in connection with a syndicated credit facility provided to DragonWave Corporation
- Counsel to a large automotive finance counsel in connection with various unsecured loans from foreign and domestic lenders
- Canadian counsel to JPMorgan in connection with a US$195,000,000 credit facility to a borrower in the business of manufacturing current carrying wiring devices
Pat Forgione practises business law in the financial services industry, acting for domestic and foreign financial institutions on domestic and cross-border transactions. His expertise includes corporate and commercial financing, asset-based lending, syndicated lending, mezzanine financing, private equity and securitization. Pat has significant industry-specific knowledge in the automotive and technology sectors.
Financial institutions trust Pat’s counsel on the regulatory requirements relating to carrying on business in Canada, as well as ongoing compliance matters. His experience includes obtaining regulatory approvals for the establishment of operations in Canada by foreign banks, and ongoing regulatory capital requirements. Pat holds a certificate in regulatory compliance and legal risk management for financial institutions from Osgoode Hall.
Pat also works with automotive finance companies in connection with consumer finance matters, routinely providing advice on consumer protection relating to retail finance and leasing programs. He also counsels on the establishment and ongoing operation of wholesale dealer financing programs.
Expertise
Industries
Practices
Representative Matters
Speaking Engagements
Priorities, subordination agreements and Intercreditor agreements, Intensive Short Course in Secured Lending and Debt Finance, Osgoode Hall Law School
November 22-23, 2022 VIEW PRESENTATIONSecond Lien, Subordinated and Mezzanine Lending Presentation, Osgoode Hall Law School Intensive Short Course on Secured Lending
March 2012Second Lien, Subordinated and Mezzanine Lending Presentation, Osgoode Hall Law School Intensive Short Course on Secured Lending
March 2011News
Media mentions
- “Open banking could be coming to Canada. Here’s what you need to know,” CTV News (March 11. 2024)
Rankings & Recognitions
- Recognized in the 2025 Canadian Legal Lexpert Directory as a Repeatedly Recommended lawyer in the area of Banking & Financial Institutions
- Recognized by Best Lawyers in Canada (2025) as a leading lawyer in the area of Banking and Finance Law
- Recognized in the 2024 Canadian Legal Lexpert Directory as a Repeatedly Recommended Lawyer in the area of Banking & Financial Institutions
- Recognized by Best Lawyers in Canada (2024) as a leading lawyer in the area of Banking and Finance Law
Directorships & Affiliations
- Canadian Bar Association
- Turnaround Management Association
Education & Admissions
Publications
- “Banking Regulation 2023, Tenth Edition, Canada,” Global Legal Group (March 2023)
- “Banking Regulation 2022, Ninth Edition, Canada“, Global Legal Group (March 2022)
- “Canada: Fintech 2020,” International Comparative Legal Guide ( June 2020)
- “Banking Regulation 2020 | Canada,” Global Legal Insights (May 2020)
- “Global Legal Insights: Banking Laws and Regulations 2020,” 9th edition (March 2020)
- “FinTech at the Crossroads: Regulating the Revolution,” Best Law Firms 2017 – 7th Edition (October 2016)
- “Banking Regulation – 3rd Edition,” Global Legal Insights (May 2016)
- “Banking Regulation 2016, Canada chapter,” Getting the Deal Through (2016)
- “Financial Services Bulletin,” National Banking Law Review
- “Canada Chapter,” Getting the Deal Through – Banking Regulation, 2014
- “New Obligations for Financial Entities Under Anti-Money Laundering and Anti-Terrorism Legislation in Canada,” Sean L. Cooke et Pat Forgione (February 2003)
- “Overview of the Financial Consumer Agency of Canada Act,” Co-Author, The Review of Banking and Financial Services (May 2002)
Insights (28 Posts)View More
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