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Philip Taylor

Managing Partner

  • Bio
  • Credentials
  • Affiliations
  • Clients

Philip is a trusted advisor to financial institutions and lenders who rely on him not only to structure and close financing transactions, but to help their lending businesses operate more effectively and efficiently. With more than 30 years of experience acting for Schedule A banks, credit unions, and institutional lenders, he combines deep technical expertise with a practical understanding of how lenders make decisions, manage risk, and execute at scale. Clients turn to him for clear, commercially grounded advice that keeps transactions moving while improving processes, aligning priorities, and reducing friction across their lending platforms.

His practice includes asset-based (ABL), secured and unsecured, mezzanine, subordinated, distressed, real estate, and construction financings, as well as debt restructurings and security enforcement. He is particularly experienced in mid-market transactions, including those involving multiple lenders, cross-border elements, or distressed situations, where responsiveness, sound judgment, and efficient execution are critical. Drawing on his understanding of how lending teams operate, he also helps clients streamline processes, standardize documentation, and execute deals more effectively.

As Managing Partner of Chaitons LLP and a member of its Executive Committee, Philip plays a key leadership role within the firm. Recognized by his peers, he is listed in The Best Lawyers in Canada™ (2025 & 2026) and repeatedly ranked in the Canadian Legal Lexpert Directory as a Leading Lawyer in Asset-Based Lending. A frequent speaker, he presents to clients and industry groups on priority agreements, security-taking, and complex financing structures. Outside the office, he is a former President of the Alpine Ski Club, where he served on the board for many years and led a major capital project.

  • Called to the Bar in Ontario in 1997
  • Osgoode Hall Law School, LL.B. (1995)
  • Member of the Firm's Executive Committee
  • Past President of Alpine Ski Club
  • Canadian Bar Association
  • Ontario Bar Association
Philip represents a broad range of clients including financial institutions and private and public lenders.

2025 LEXPERT-ranked Lawyer