Leonard Nesbitt

Leonard "Len" Nesbitt, a distinguished partner at McCarthy Tétrault's National Tax Group in Toronto, transforms tax challenges into strategic victories. Renowned for his sophisticated advice to the banking and capital markets sectors, Len's mastery over the tax implications of financial instruments and transactions sets him apart.

Len's counsel is particularly sought after for his expertise in equity derivatives, repurchase transactions, securities lending, and the taxation intricacies of these areas. His role as a tax strategist for both issuers and underwriters in equity and debt offerings highlights his pivotal position in financial transactions involving major banks and insurance companies.

His proficiency extends beyond planning, offering invaluable support during tax audits and litigation, safeguarding clients' interests against scrutiny by the Canada Revenue Agency.

Len's portfolio of recent transactions underscores his significant impact on the financial sector, including advising on public offerings and acquisitions that have reshaped the landscape of Canadian banking and insurance. Notable engagements include orchestrating CIBC's substantial preferred shares offering and guiding National Bank of Canada through its innovative capital notes offering.

Before his legal career, Len's humanitarian spirit led him to direct programs for an international aid organization, managing relief and development projects across Africa and Asia—a testament to his leadership and commitment to making a difference.

Acknowledged by Best Lawyers in Canada as a leading figure in tax law, Len's contributions to his field are well recognized. His recent work includes advising on innovative equity programs and providing insights into pivotal tax law cases, demonstrating his continued influence and expertise.

Educated at Osgoode Hall Law School and admitted to the Ontario Bar in 2005, Len Nesbitt's blend of legal acumen and strategic insight offers a significant advantage to clients navigating the complexities of tax law in the financial sector.