Lawyer Profile
Eli Monas
Toronto, Ontario
Overview
With deep experience in financial services, Eli works with financial institutions and other clients in the sector on significant, high-profile M&A transactions—as well as advising them on the complex regulatory needs of their business.
Eli’s practice focuses on corporate law and regulatory issues relating to financial institutions, advising both Canadian and international financial institution clients. With industry experience including a six-month secondment to the Legislation and Approvals Division at the Office of the Superintendent of Financial Institutions in 2017-18, Eli brings particular knowledge of bank and insurance regulation, consumer protection and payments to his counsel.
He is fantastic and provides timely, thorough and business-friendly advice…frequently punches above his weight in his practice area and speaks with the authority to provide practical solutions and invaluable insight.’
Scotiabank, as Canadian counsel, in its US$2.8 billion acquisition of a 14.9% minority stake in KeyCorp, one of the largest bank-based financial services companies in the U.S.
Bank of Montreal in its acquisition of the AIR MILES Reward business of LoyaltyOne, Co. as part of its restructuring proceedings under the Companies' Creditors Arrangement Act
Odyssey Trust Company in its continuance as a federal trust company under the Trust and Loan Companies Act (Canada)
Brookfield Business Partners in its C$1.6 billion acquisition of the remaining 43% interest in Sagen MI Canada Inc. not already owned by Brookfield
Eli is the co-editor of the National Banking Law Review and co-author of Carswell’s Consolidated Bank Act.
Practice Areas
Bar Information
Called to the bar: 2010 (ON)