Overview
Mark Surchin is a partner in a business law group and is the Co-Chair of the Opinions Committee at Goodmans. He also oversees the professional development of the firm’s corporate clerks.
Mark has an active transactional corporate law practice with an emphasis on debt financings. He provides ongoing corporate/commercial advice to a number of companies carrying on business in Canada and plays a lead role advising a variety of the firm’s borrower and lender clients in debt financing transactions, both domestic and cross-border. Mark has extensive experience in high yield and other debt securities transactions and is also involved in secondary transactions in the private equity fund context.
Mark is recognized as a leading lawyer by The Canadian Legal Lexpert Directory (banking and financial institutions), Best Lawyers in Canada (asset based lending, corporate law and banking and finance law), IFLR1000 (banking and capital markets: debt) and is AV Peer Review Rated by Martindale-Hubbell. In 2023, Mark was elected as bencher of the Law Society of Ontario.
Featured Work
Mark’s recent transaction work includes acting for:
- Whitehorse Liquidity Partners in connection with its capital structure
- Tricon Capital Group in its senior syndicated credit facilities
- a U.S. bank in structuring and documenting credit facilities made available to a cross-border borrower
- various U.S. law firms in several cross-border facilities, both for lenders and borrowers
- Canada Pension Plan Investment Board in its secondary purchases and sales
- Cardone Industries in its credit facilities with Citizens Bank
- Randa Accessories in its credit facilities with Wells Fargo relating to the acquisition of Haggar Clothing
- Canaccord Genuity Group Inc. in its Credit Agreement with certain investment accounts and funds managed by HPS Invesement Partners, LLC
Awards & Recognition
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Best Lawyers in Canada Recognized, Asset-Based Lending Practice, Banking and Finance Law, Corporate Law 2025
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Best Lawyers in Canada Recognized, Asset-Based Lending Practice, Banking and Finance Law, Corporate Law 2024
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IFLR1000 Canada Notable Practitioner, Banking, Capital Markets: Debt 2023
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Best Lawyers in Canada Recognized: Asset-Based Lending Practice, Banking and Finance Law, Corporate Law 2023
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IFLR1000 Canada Notable Practitioner, Banking, Capital Markets: Debt 2022
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Best Lawyers in Canada Recognized: Asset-Based Lending Practice, Banking and Finance Law, Corporate Law 2022
Credentials
Professional Involvement
Mark is a member of the Toronto Opinions Group which works to resolve commonly arising opinion issues, with the goal of facilitating for practitioners the settling of opinions in transactions. He is also a member of the Board of Trustees of the Alumni Association of Brandeis University.
Since 2018, Mark has taught Business Organizations at the University of Toronto to its Global Professional Masters students. Mark is the President of the Law Alumni Association of the Faculty of Law at University of Toronto. In 2022, Mark received the University of Toronto Arbor Award in recognition of his significant volunteer contributions to the school.
Mark is the co-author of numerous publications including Practical Law Canada’s Cross-border Contracts and Boilerplate Clauses content and the Canadian chapter of The Law Review’s Securitisation Law Review - 3rd Edition.
Mark is an active member of the community and volunteers at Princess Margaret Hospital, Toronto General Hospital and Toronto Rehab.
Credentials
- University of Toronto, J.D., 1981, Honours
- Brandeis University, B.A., 1978, Summa Cum Laude with High Honours in Politics and Phi Beta Kappa
Professional Affiliations
- Law Society of Ontario
- Toronto Opinions Group
- Canadian Bar Association
- Ontario Bar Association
Call to Bar
- 1983 Ontario
Insights
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Financial Services Regulatory
In-Depth: Securitisation Law - Edition 5 - Canada Chapter
Francesca Guolo, Mark Surchin, Brian Empey, and Jon Northup co-authored the Canada Chapter in Lexology's In-Depth: Securitisation Law - Edition 5. The fifth edition of The… -
Mergers and Acquisitions
Changes to Corporate Transparency Rules for CBCA Corporations on the Horizon
The federal government is amending the requirements of the Canada Business Corporations Act (“CBCA”) relating to the beneficial ownership registry most private federal corporations are required to… -
Structured Finance and Derivatives
The Securitisation Law Review 3rd Edition - Canada Chapter
Francesca Guolo, Mark Surchin, Brian Empey and Jon Northup co-authored the Canada Chapter of The Law Reviews' Securitisation Review 3rd Edition. The Securitisation Law Review provides legal… -
Banking and Financial Services
The Securitisation Law Review 2nd Edition - Canada Chapter
Francesca Guolo, Mark Surchin, Brian Empey and Jon Northup co-authored the Canada Chapter of The Law Reviews' Securitisation Review 2nd Edition. The publication provides securitisation… -
Banking and Financial Services
Ontario Court of Appeal Holds Use of Formula is Sufficient to Satisfy Annual Rate of Interest Disclosure Under Section 4 of Interest Act (Canada)
The Ontario Court of Appeal has issued its judgment in Solar Power Network Inc. v. ClearFlow Energy Finance Corp., finding that the use of a formula in loan documentation is sufficient to satisfy the…
News & Events
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100+ Goodmans lawyers recognized in The Best Lawyers in Canada: 2025 Edition
We are delighted to share Goodmans has once again been recognized in the 2025 edition of The Best Lawyers in Canada with 105 lawyers featured across 43 practice areas.Congratulations to Andrew Brodkin… -
Private Equity and Venture Capital
100+ Goodmans lawyers recognized in The Best Lawyers in Canada: 2024 Edition
Goodmans is delighted to announce we have been recognized in the 2024 edition of The Best Lawyers in Canada with 101 lawyers ranked across 41 practice areas.Congratulations to Harry Radomski… -
Restructuring
IFLR1000 2023 Recognizes Goodmans Lawyers and Practices
We are proud to announce Goodmans continues to be recognized by IFLR1000 in its annual guide. Recognition in IFLR1000 is based on a combination of in-depth qualitative research and…