Torrie Law
Banking – Insolvency – Fintech
Independent legal expertise for mid-sized law firms and General Counsel Offices
Virginia Torrie
J.D., LL.M., Ph.D.
Virginia specializes in financial law and insolvency and is the founder of Torrie Law in Toronto. She is the Editor-in-Chief of the Banking and Finance Law Review. Virginia is a former law professor (University of Manitoba), past Chair of the Insolvency Section of the Manitoba Bar Association, and former Executive Member of the Insolvency Section of the Canadian Bar Association.
She writes frequently on banking, insolvency and fintech, including how these legal fields have been influenced by Canadian federalism.
A Thoughtful & Practical Lawyer
Practice Areas
Providing insight into highly specialized, technical fields of law.
Banking
Insolvency
Fintech
A Distinguished Leader in Banking and Insolvency Law
A nationally recognized expert and thought leader, Virginia has appeared before audiences at universities, financial institutions, labour groups, alumni associations and professional conferences including the Annual Review of Insolvency Law and the Insolvency Institute of Canada Annual Conference. She has provided testimony as an Expert Witness to the Senate Committee on Banking, Commerce and the Economy (BANC), appeared on TV news, and been interviewed for periodicals such as the Globe and Mail.
Read Our Latest Insights
Bank Corporate Governance, Committees of the Board
Within the Bank Act of Canada, Part VI—Corporate Governance, provides explicit guidelines concerning the governance structure of financial institutions. In particular, Sections 193 to 195 guide the establishment and functions of various committees composed of...
Bank Corporate Governance
The Bank Act expressly addresses corporate governance principles within the banking sector in Part VI—Corporate Governance. This post focuses on section 157, as discussed in The 2024 Annotated Bank Act (Thomson Reuters, 2023), dissecting the key components that govern...
Incorporating a Federal Credit Union
Within the Bank Act, Part III–Incorporation and Continuance lays the groundwork for establishing and modifying banks and federal credit unions. This post will explore the incorporation process, the unique requirements for federal credit unions, and the transitional...
