ISDA & Derivatives Arbitration
ISDA and Derivatives Arbitration Lawyers
Successful Litigation Cases Handled
Litigation, Mediation, Trial - Focused
Years of Combined Legal Experience
In Handling Complicated Disputes
Why You Need Legal Help with ISDA and Derivatives Arbitration
Derivatives disputes rarely turn on a single contractual provision. An ISDA-governed relationship may require analysis of the ISDA Master Agreement, negotiated Schedule, Confirmations, Credit Support documentation, incorporated definitions, and transaction-specific terms. Where arbitration applies, those contractual issues must be addressed alongside the governing arbitral framework.
The central question is not simply whether a contractual breach occurred. It is how the transaction documents, financial mechanics, dispute-resolution provisions, and available remedies operate together when significant financial exposure is at stake.
An ISDA Master Agreement does not, by itself, mean that a dispute is subject to arbitration. Arbitration depends on the parties’ agreed dispute-resolution provisions, including any arbitration clause or amendment incorporated through the Schedule or otherwise agreed between the counterparties.
Where arbitration has been selected, counsel must identify the scope of the arbitration agreement, applicable institutional or ad hoc rules, governing law, arbitral seat, tribunal jurisdiction, and available remedies. Those questions can become particularly consequential where counterparties, assets, or potential enforcement jurisdictions span multiple countries.
The underlying financial issues may be equally complex. Disputes can arise from payment or delivery obligations, Events of Default, Termination Events, designation or occurrence of an Early Termination Date, collateral, netting, valuation, or the calculation of amounts following termination. The terminology and contractual mechanics must be assessed against the particular documentation governing the transaction.
That distinction includes the relevant ISDA form. The 1992 ISDA Master Agreement employs Market Quotation and Loss concepts in its termination-payment framework, while the 2002 ISDA Master Agreement introduced the defined concept of Close-out Amount. The applicable contractual language—not a generalized notion of derivatives valuation—must govern the analysis.
Derivatives disputes can also be evidence-intensive. Market data, pricing inputs, valuation models, transaction records, collateral calculations, notices, trading communications, and expert evidence may become central to liability and quantum. Effective advocacy requires the financial evidence to be integrated into the legal theory of the case from the outset.
Where market movements, collateral exposure, liquidity pressures, or asset concerns create urgency, our Emergency Arbitrator & Interim Measures practice addresses available urgent relief. Post-award issues may separately engage our Enforcing Arbitral Awards or Setting Aside & Challenging Arbitral Awards practices.
For sophisticated market participants, the objective is not simply to prevail on an isolated contractual issue. It is to manage the dispute in a manner that accounts for financial exposure, valuation, collateral, enforceability, timing, and the broader counterparty relationship.
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ME Law - Civil Litigation Law Firm
WHO WE ARE
ME Law is a litigation-only firm representing financial institutions, investment funds, investors, lenders, corporations, principals, and other sophisticated market participants in complex commercial disputes and arbitration-related proceedings in Ontario. Our broader Arbitration Lawyers practice encompasses domestic and international commercial arbitration, including disputes arising from sophisticated financial transactions.
We act in disputes involving ISDA documentation, derivatives transactions, swaps, collateral arrangements, close-out calculations, termination rights, and related financial obligations. These matters require the contractual architecture and economic mechanics of the transaction to be understood together.
Our role begins with the governing documentation. Depending on the transaction, that may include the ISDA Master Agreement, Schedule, Confirmations, Credit Support documentation, incorporated definitions, amendments, notices, and transaction-specific instruments. We assess that framework alongside the applicable dispute-resolution provisions to determine the appropriate arbitration strategy.
Where arbitration applies, we consider tribunal jurisdiction, governing law, arbitral seat, applicable rules, procedural and evidentiary requirements, and available interim or post-award remedies. In international matters, our International Arbitration practice addresses the additional cross-border considerations that may affect the proceeding.
Financial disputes frequently require close coordination between legal analysis and quantitative evidence. Questions of valuation, market data, calculation methodology, collateral, netting, and damages may require expert evidence and detailed reconstruction of the parties’ transactions and communications.
Our focus is to understand the transaction, financial exposure, evidentiary record, and arbitral process as a single dispute strategy—and pursue the outcome that best protects the client’s legal and commercial position.
How We Help
Arbitration Lawyers
Why Choose Us
Premium Litigation Services:
Quality over quantity for selected clients in complex litigation matters
Selective Focus
We act for a select group of clients in high-stakes litigation, dedicating focused time and strategic attention to each matter to ensure precise, results-driven advocacy.
Limited Caseload
By limiting our caseload, we provide bespoke, high-level representation, where no detail is overlooked and every legal step is carefully considered. Quality over quantity is embedded in our ethos.
Strategic Execution
Our limited-file approach enables us to deliver thorough, strategic legal work on every matter. We don’t offer surface-level service – we provide clarity, focus, and substance.
Beyond Expectations
Our lawyers invest considerable time in legal analysis, research, and continuous training. This ongoing development allows us to stay ahead and deliver outcomes that often exceed clients’ expectations.
Clients’ Success Stories
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What To Expect
Clear and Strategic Guidance
Transparent and well-informed advice is provided to help navigate your options and achieve the best possible outcome.
Proactive Client Engagement
Clients can expect consistent communication and dedicated attention to ensure their needs are fully understood and addressed.
Meticulous Attention to Details
Every detail is carefully considered, and strategic oversight is provided to guide clients toward a favorable resolution.
Experienced. Effective. Results-Oriented.
ISDA and derivatives arbitration requires a litigation strategy capable of integrating contractual interpretation, financial mechanics, valuation evidence, and arbitral procedure. The dispute cannot be understood by examining the arbitration clause separately from the transactions that produced the exposure.
At ME Law, our analysis follows a structured sequence:
Transaction Documentation → Dispute-Resolution Framework → Governing Law and Arbitral Seat → Contractual Trigger or Alleged Breach → Valuation and Financial Exposure → Evidence and Expert Analysis → Arbitration Strategy → Award and Enforcement
That sequence matters because the legal characterization of the dispute may depend directly on how the underlying transaction operates.
We begin by identifying the contractual trigger and its consequences. Where the dispute concerns an Event of Default, Termination Event, Early Termination Date, payment or delivery obligation, collateral, close-out, or netting, we assess whether the relevant contractual requirements were satisfied and how the governing documentation determines the resulting rights and obligations.
The financial record is developed alongside that analysis. Depending on the dispute, relevant evidence may include market data, pricing information, valuation models, transaction records, collateral calculations, notices, internal communications, and expert evidence. The objective is to establish both what occurred contractually and the financial consequences that followed.
Where arbitration governs, procedural strategy must remain aligned with the substantive case. We assess tribunal jurisdiction, applicable rules, seat, evidentiary procedure, confidentiality considerations, interim relief, and the form of remedy capable of addressing the client’s exposure.
Cross-border disputes require additional discipline. Our International Arbitration practice addresses the interaction among governing law, arbitral seat, counterparties, assets, and potential enforcement jurisdictions.
Post-award consequences are considered before the arbitration concludes. The practical enforceability of an eventual award, potential judicial challenges, asset strategy, and settlement alternatives may materially influence the conduct and commercial value of the proceeding.
For a party defending a derivatives claim, the same integrated analysis applies: contractual basis, transaction mechanics, valuation methodology, causation, quantum, tribunal jurisdiction, and the legal and economic foundation for the relief sought.
The objective is to ensure that the legal theory, financial evidence, arbitral strategy, and commercial objective point in the same direction.
ISDA AND DERIVATIVES ARBITRATION LAWYERS YOU CAN RELY ON
We represent financial institutions, investment funds, investors, corporations, lenders, counterparties, and other sophisticated market participants in ISDA, swap, derivatives, collateral, and related financial disputes involving arbitration.
These matters require more than conventional arbitration advocacy. Counsel must identify the issues that actually determine financial exposure and present complex transaction mechanics in a legally coherent and commercially intelligible case.
For parties advancing claims, we assess the contractual trigger, governing documentation, arbitration agreement, valuation and collateral position, evidentiary record, and available remedies. For parties defending claims, we examine whether the asserted trigger occurred, whether required notices and termination steps were effective, whether calculations and valuation methodologies are supportable, and whether the claimed loss is legally and economically justified.
Where expert evidence is required, the financial analysis must support rather than operate separately from the legal case. Market data, pricing inputs, transaction records, collateral calculations, and competing valuation methodologies are integrated into the strategy accordingly.
In cross-border matters, governing law, arbitral seat, asset location, enforcement jurisdictions, and parallel proceedings may materially affect procedural choices and settlement strategy.
Our Commitment
Our objective is not simply to prosecute—or defend—an ISDA or derivatives claim. It is to develop an arbitration strategy that reflects the transaction’s contractual structure, financial exposure, evidentiary requirements, and broader commercial consequences.
We combine rigorous legal analysis with focused advocacy to isolate the issues that matter, integrate complex financial evidence into the case, and pursue a proportionate strategy capable of producing a commercially meaningful result.
Facing an ISDA, swap, or derivatives dispute involving arbitration? Contact ME Law to discuss the available strategy.
Clear Guidance. Strong Advocacy.
What we do:
+ Receivership, Insolvency and Bankruptcy LitigationReceivership, Insolvency and Bankruptcy Litigation
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How do I become a client of ME Law?
Becoming a client of ME Law begins with a complimentary intake call and proceeds through a conflict check, a formal consultation with a lawyer, and, if you decide to retain the firm and ME Law agrees to act, a written Retainer Agreement. Once the agreement is executed and the required retainer is received, ME Law opens the file and begins the agreed legal work.
The first step is the initial intake call. This is a preliminary conversation with an intake specialist, not the substantive legal consultation itself. The purpose is to understand the general nature of your matter, identify the type of dispute involved, gather preliminary information, and determine whether the matter falls within ME Law’s areas of practice.
At this stage, the firm is screening the matter so that the appropriate next step can be identified. If the matter appears to be one ME Law may be able to assist with, the process moves to a conflict check before detailed legal advice is provided.
If you want to understand why that step is required, see Why is a conflict check necessary before a consultation?.
The conflict check is conducted to determine whether ME Law has a professional conflict that would prevent the firm from acting. The process is governed by the Law Society of Ontario professional obligations and is intended to protect confidentiality, independence, and loyalty. You may be asked to identify the relevant parties so that those names can be checked against the firm’s records.
Once the conflict check is cleared, the next stage is a formal consultation with a lawyer. This is different from the preliminary intake call. The consultation is the substantive meeting in which the lawyer reviews your situation in more detail, answers questions, discusses preliminary legal options and strategy, and explains what the next steps may look like.
For a fuller explanation of the meeting itself, see What is a consultation at ME Law?.
The onboarding process can therefore be understood in five stages:
- Initial intake call.
ME Law gathers preliminary information, identifies the nature of the matter, and determines whether it falls within the firm’s practice areas. - Conflict check.
The relevant party names are reviewed to determine whether a conflict of interest prevents ME Law from proceeding. - Consultation with a lawyer.
Once cleared, you meet with a lawyer, either in person or remotely, for a more detailed assessment of the matter and the legal options that may be available. - Retainer and engagement.
If you decide to proceed and ME Law agrees to take on the matter, the firm provides a Retainer Agreement setting out the scope of work, estimated costs, and billing structure. The scope is defined according to the work that is actually required rather than assumed to cover every possible step in the dispute. - File opening and legal work.
Once the Retainer Agreement is executed and the required retainer is received, the file is formally opened. The lawyer can then begin the agreed work, which may include developing a case strategy, drafting pleadings, engaging in negotiations, or preparing for court proceedings, depending on the mandate.
Becoming a client is therefore not the same thing as making an inquiry or completing an intake call. It also does not occur merely because a consultation has been booked. The formal engagement stage matters because it defines what ME Law has agreed to do, how the work will be billed, and what the client and firm should expect from the relationship.
The consultation is also where the proposed scope of the engagement can be discussed. Depending on the matter, that may involve advice on a defined issue through a limited-scope retainer or broader ongoing representation through a full-scope retainer. The appropriate structure depends on the record, complexity, procedural stage, and work required.
If your matter is urgent, explain that during the intake process so the firm can assess timing and lawyer availability. See How quickly can you schedule an initial consultation? for how consultation scheduling is handled after intake and conflict clearance.
ME Law’s onboarding process is designed to move from preliminary screening to conflict clearance, substantive legal assessment, and then a clearly defined engagement. The purpose is to ensure that the firm understands the matter, can act without a professional conflict, and has agreed with you on the scope of the work before substantive representation begins.
Contact ME Law to start the intake process and discuss whether your matter is one the firm may be able to assist with.
What are the typical steps from first contact to retaining ME Law?
The process typically moves through five stages: an initial intake call, a conflict check, a consultation with a lawyer, a formal Retainer Agreement, and then file opening and the start of the agreed legal work. Each stage has a different purpose, so contacting ME Law does not automatically mean that the firm has been retained.
1. Initial intake call
The process begins with a complimentary intake call. An intake specialist gathers preliminary information about the dispute, identifies the parties involved, and considers whether the matter falls within ME Law’s areas of practice.
This is an initial screening step rather than the substantive legal consultation. If you want the broader overview of becoming a client, see How do I become a client of ME Law?.
2. Conflict check
If the matter is potentially suitable for the firm, ME Law conducts a conflict check before moving into substantive discussions. Relevant party names are checked against the firm’s records to determine whether professional obligations prevent ME Law from acting.
For more detail on the purpose of this step, see Why is a conflict check necessary before a consultation?.
3. Consultation with a lawyer
Once the conflict check is cleared, a formal consultation can be scheduled. The consultation may take place in person or remotely and is the stage at which the lawyer reviews the matter in greater depth, discusses preliminary legal options and strategy, and considers what further work may be required.
This is distinct from the initial intake call. What is a consultation at ME Law? explains the scope of that substantive meeting in more detail.
4. Retainer and engagement
If you decide to proceed and ME Law agrees to accept the mandate, the firm provides a written Retainer Agreement. It identifies the agreed scope of work, billing structure, and other terms governing the engagement.
Depending on the matter, the engagement may be structured as a limited-scope retainer for defined work or as broader ongoing representation. The lawyer-client engagement begins according to the terms of the executed retainer rather than merely because an inquiry or consultation has taken place.
5. File opening and next steps
After the Retainer Agreement is executed and any required retainer funds are received, ME Law can formally open the file and begin the work within the agreed mandate.
Depending on the dispute, that work may include developing litigation strategy, reviewing evidence, drafting pleadings, engaging in negotiations, or preparing for proceedings before the Ontario Superior Court of Justice.
The purpose of this staged process is to ensure that the matter is screened appropriately, conflicts are addressed, the legal issues are assessed, and both the client and ME Law understand the scope of the engagement before substantive representation begins.
Contact ME Law to begin the intake process.
What information do I need to provide for a conflict check after the initial call?
After the initial intake call, ME Law will ask you to identify the parties involved in your matter so the firm can complete a conflict check before receiving detailed confidential information or moving to a substantive consultation. The purpose at this stage is to establish who is involved, not to conduct a full review of your case.
The conflict check is part of ME Law’s intake and onboarding process. Before a lawyer can proceed with substantive discussions, the firm must determine whether it currently represents, previously represented, or holds confidential information relating to a party whose interests may conflict with yours.
ME Law’s conflict-check obligations arise under the Law Society of Ontario’s Rules of Professional Conduct and form part of the professional duties governing independence, loyalty, and confidentiality.
If you want a fuller explanation of the legal and ethical reason for this process, see Why is a conflict check necessary before a consultation?.
What should you provide?
At this stage, you should provide the names of the relevant parties involved in the dispute or proposed engagement. The objective is to give ME Law enough identifying information to run the appropriate check against its records.
Depending on the matter, there may be several parties whose involvement needs to be identified before the conflict check can be completed. The important point is to disclose the relevant party names accurately so the firm can determine whether a professional conflict exists.
You generally should not use the conflict-check stage to send a large volume of confidential documents or provide an extensive substantive account of the dispute before ME Law confirms that it is able to proceed. The conflict check comes before the detailed legal assessment.
The typical sequence is:
- Initial intake call — ME Law gathers preliminary information about the nature of the matter.
- Party identification — you provide the names required for the conflict check.
- Conflict review — ME Law checks its records for potential professional conflicts.
- Conflict clearance — if no conflict prevents the firm from proceeding, the matter can move to the next stage.
- Consultation — detailed documents, facts, legal issues, strategy, and possible next steps can then be addressed through the substantive consultation process.
This distinction is important because completing a conflict-check form does not itself create a retainer or mean that ME Law has agreed to represent you. It is a preliminary professional safeguard within the intake process.
For the broader onboarding sequence, see How do I become a client of ME Law?. Once the conflict process is complete, What is a consultation at ME Law? explains what happens at the substantive legal assessment stage.
Contact ME Law to begin the intake process and provide the party information required for a conflict check.
What happens during the initial intake call with ME Law?
The initial intake call is a complimentary preliminary conversation with an ME Law intake specialist. Its purpose is to understand the general nature of your matter, gather the information needed to assess whether it falls within the firm’s areas of practice, identify the relevant parties, and determine the appropriate next step.
The intake call is different from a substantive consultation with a lawyer. At this stage, ME Law is not conducting a detailed review of your evidence or providing a full legal assessment. Instead, the firm is gathering enough preliminary information to determine whether the matter is one it may be able to assist with and what must happen before a consultation can proceed.
For an overview of the complete onboarding process, see How do I become a client of ME Law?.
During the initial intake process, you may be asked to explain:
- the general nature of the dispute;
- who the relevant parties are;
- whether litigation or another legal proceeding has already started;
- whether there are immediate deadlines or urgent circumstances;
- what type of assistance you are seeking from ME Law.
Identifying the parties is particularly important because the next step will ordinarily involve a conflict check under the Law Society of Ontario’s professional-conduct requirements. ME Law must determine whether a professional conflict prevents the firm from proceeding before receiving detailed confidential information or moving into substantive legal discussions.
For the practical information required at that stage, see What information do I need to provide for a conflict check after the initial call?.
Once the conflict check is completed and the firm is able to proceed, a formal consultation with a lawyer can be scheduled. That consultation is where the matter can be examined in greater depth, including the factual record, legal issues, preliminary strategy, and possible next steps.
The distinction matters: an intake call, a conflict check, a substantive legal consultation, and a Retainer Agreement are separate stages of the client-onboarding process. Completing the intake call does not by itself mean that ME Law has agreed to act or that a lawyer-client retainer has been established.
If you want to know how quickly the substantive lawyer meeting can be arranged after intake and conflict clearance, see How quickly can you schedule an initial consultation?.
Contact ME Law to begin the intake process.
What clients say about us
Reviews &
Testimonials
DIXI ENERGY2025-07-07Trustindex verifies that the original source of the review is Google. May’s legal representation was nothing short of exceptional. We were going through an extremely difficult and emotionally draining situation, and from the very beginning, May showed total dedication, professionalism, and—most importantly—a genuine care for our rights and well-being. Throughout the entire process, she made sure we were always kept informed about what was happening and explained everything clearly so we didn’t feel lost or overwhelmed. It was obvious that she—and her whole team—put real effort into advancing our interests every step of the way. We really noticed the difference compared to the other side’s lawyers, who simply didn’t show the same level of commitment or attention, at least from our experience. What I appreciated most about May was her honesty. She didn’t try to sugar-coat anything or make unrealistic promises. Instead, she gave us a truthful picture of our case right from the beginning—what the risks were, what might happen, and what to expect. That kind of honesty made us feel we could really trust her. She was also very clear about legal fees. Yes, her services are on the higher end, but she was upfront about all the costs, how the billing worked, and what might affect it. That kind of transparency is rare, and it meant we were never caught off guard. Beyond her own impressive knowledge and skill, May has built a very strong and well-run firm. From her assistants, to the associates we worked with, and Luna—her accountant—everyone was just lovely to deal with. They were responsive, respectful, and clearly cared about doing things right. All in all, we felt completely supported. Not only does May know what she’s doing, but she truly cares—and that made all the difference for us. I wouldn’t hesitate for a second to recommend May to anyone who needs strong, honest, and capable legal help. Farzad2025-07-07Trustindex verifies that the original source of the review is Google. Had the privilege to work with May and team on a tough shareholder buyout! Cannot say enough of how dedicated and passionate May and her team is for their business! I would definitely recommend them for any legal services specially on litigation side. Keep going May and I look forward working with you! Liubov Melnikova2025-06-18Trustindex verifies that the original source of the review is Google. I have been ME Laws client since the day May started the firm. I have seen the firm grow from nothing to a well oil machine. I can rely on anyone in the firm to work with because May has built something try fantastic! God job ME Law. Olga Milman2025-06-10Trustindex verifies that the original source of the review is Google. The team at ME Law are a God send. They are always available when I need them. They got me a big payout and worked very closely with me on my corporate matter. On top of all that, I have never seen a firm ever in Toronto that is very detailed with their dockets. I know exactly where my money has gone. They are a 5+++ firm. Adelya M2025-05-16Trustindex verifies that the original source of the review is Google. We had a complex cross-border contract issue with our firm, and they handled it with incredible care and confidence. I had a great experience with the ME Law team. brii zoo2025-01-14Trustindex verifies that the original source of the review is Google. I had a great experience working with ME Law. The senior counsel was very competent and professional in our interactions and the handling of my case. I felt very supported and safe working with everyone at the firm and the outcome was exceptional. I would recommend anyone with a civil case to give ME law a call. Brittany Rose Imran Latif2024-01-10Trustindex verifies that the original source of the review is Google. We contacted melaw yesterday to advise us on responding to a Contractor’s lawyer threatening legal action. Even though melaw’s lawyers’ schedule was full, the staff realized the immediacy of our request and constantly followed up so that they were able to squeeze us in for 5 minutes between meetings and advise us on our issue. We would highly recommend melaw to anyone looking for legal advice and representation.
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