Michèle Friel

Norton Rose Fulbright Canada LLP

Michèle Friel

Michèle Friel


Related services and key industries


Michèle Friel practises in the areas of commercial contracts, corporate financing, financial services and general banking law. Her practice focuses primarily on secured financing transactions in Canada and cross-border loans, both on a syndicated and non-syndicated basis. Ms. Friel represents and advises banks and other lending institutions as well as borrowers in a broad range of financing transactions, including asset-based loans, cash flow loans, project financings, acquisition financings, factoring, securitization transactions and capital call or subscription loans. She has extensive experience working on financing transactions that involve taking guarantees and security in multiple jurisdictions in Canada, the United States of America and other countries around the world.

Professional experience

Expand all Collapse all
LL.B., Université de Montréal, 2003
B.A., McGill University, 2000
  • Quebec 2005


Ms. Friel has acted recently for the following clients:

  • The lenders in the financing for the construction and operation of highway 30
  • The underwriter in the public-private partnership financing for the construction of a new research centre for the University of Montreal hospital
  • The senior lenders and bondholders in connection with the financing of the construction and operation of the new McGill University Health Centre
  • Rio Tinto Alcan Inc. and its affiliates in connection with factoring transactions
  • The lender in connection with a financing of Intragaz
  • The lenders regarding a financing of the Province of Quebec
  • The lenders in connection with a financing of Kruger Products
  • Bombardier Inc. in its syndicated loans and with the sale of the “C Series” aircraft to Delta Airlines
  • Bank of America, N.A. in connection with an asset-based loan to YPG Financing Inc.
  • The lenders for project financing made to Vents du Kempt Wind Power to finance the construction and operation of a wind farm located in the Gaspésie region of Quebec


  • Best Lawyers in Canada: Asset-Based Lending Practice, Banking and Finance Law, 2023-2024
  • Canadian Legal Lexpert Directory, 2021-2023: recommended in Asset-Based Lending; 2022-2023: recommended in Banking & Financial Institutions
  • Canadian Bar Association