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Gary Rose




Gary Rose practises corporate/commercial law with a particular focus on banking & finance and insolvency & restructuring matters, as well as regulatory and compliance matters related to financial institutions. He regularly represents banks and other lenders in matters related to their corporate and commercial lending activities. In this regard, Gary has extensive experience in the preparation, review and negotiation of loan and credit agreements, inter-lender agreements, priority and subordination agreements, debentures, mortgages and other security agreements. In addition, Gary represents numerous corporations and partnerships with respect to their debt financing arrangements, from the pre-term stage through completion.

In connection with insolvency and restructuring matters, Gary has experience representing secured and unsecured creditors, receivers and trustees. In this area, he has experience in the preparation, review and negotiation of settlement and forbearance agreements, the vetting of lender security and the enforcement of lender security.

In the corporate/commercial area, Gary has experience in general corporate and commercial matters, including acquisitions and divestitures of assets and shares, as well as advising on corporate governance issues.

Gary’s work in the banking & finance and insolvency & restructuring areas is informed by his past experience working in the financial services industry. Prior to embarking on his legal career, Gary worked in branch and area management and as a commercial lender with two of Canada's largest banks. Following his call to the Alberta bar, Gary worked as legal counsel to another of Canada's largest banks focusing on matters involving regulatory, compliance and governance matters in respect of financial institutions.

Professional Activities

  • Law Society of Alberta, Member
  • Canadian Bar Association, Member

Bar Admissions

  • Alberta, 2000


  • University of Alberta, LLB (1999)
  • Tervita closes US$200 million extension to its US$1.8 billion credit facilities, January 2012
  • Essential Energy Services completes acquisition of Technicoilm, May 2011
  • Stella-Jones acquires Tangent Rail Corporation for US$165 million, April 2010
  • Ionic Capital lends US$22 million to NiMin Energy to help finance acquisition of Wyoming oil producing properties, December 2009
  • Mezzanine lender provides new credit facilities for Canadian Phoenix and Serrano Energy, December 2009
  • BNP Paribas and Bank of America arrange US$800 million financing as SemGroup emerges from Chapter 11 and CCAA restructuring        December 2009
  • Caisse de dépôt arranges 5-year $100 million loan to Transcontinental, May 2009
  • Victoria Park CCAA proceedings, April 2009
  • K2 Developments receivership proceedings   October 2008
  • Ionic Capital lends $42 million to Marble Point Energy to help fund acquisitions of Saskatchewan oil and gas assets   April 2008
  • North Castle Partners acquires World Health Club, March 2008
  • Northern Sun Exploration reaches credit agreement with Quest Capital, November 2007
  • Longbow Resources purchases oil properties, August 2007
  • Altima Resources arranges secured loan from Quest Capital for acquisition, August 2007
  • Silverwing Energy completes Tomahawk Farmin extension funding with $13 million credit facility from Quest Capital, June 2007
  • Pyramid Petroleum closes revolving demand loan facility, May 2007
  • TransAtlantic Petroleum closes US$3 million bridge loan financed by Quest Capital Corp., April 2007
  • Represented the United Kingdom subsidiary of a Canadian based oil & gas corporation in respect of a syndicated U.S.$120,000,000 credit facility for which a major United Kingdom bank acted as agent       
  • Canadian counsel to an international lender in its role as agent for a syndicate of lenders in respect of the $100,000,000 Canadian portion of a $1,500,000,000 credit facility granted to an international glass container and plastic packaging manufacturer  
  • Represented a major Canadian bank in respect of a $29,000,000 bi-lateral credit facility granted to a large regional retailer          
  • Represented a major Canadian Bank in its role as agent for a syndication of lenders in respect of a $415,000,000 credit facility granted to a major oil & gas trust         
  • Represented a major Canadian bank in respect of a $25,000,000 bi-lateral credit facility granted to a regional oilfield waste clean-up, transportation and disposal services business