Frank Palmay

RetiredMcMillan LLPIn-House Counsel

Frank Palmay, P.Eng., was a partner in McMillan LLP's Toronto office. Frank's practice consisted of general corporate and commercial law with particular emphasis on insurance matters, health, technology and mining exploration. In the insurance area, Frank has advised on insurance and reinsurance company acquisitions; domestications and reorganizations; policy drafting and review and regulatory approvals; direct marketing; strategic planning and coverage issues. For a number of years, Frank also advised several organizations in the not for profit and in the health care sector, providing counsel on a wide range of areas including governance, strategic alliances and general commercial matters.

Frank Palmay, P.Eng., was a partner in McMillan LLP's Toronto office. Frank's practice consisted of general corporate and commercial law with particular emphasis on insurance matters, health, technology and mining exploration. In the insurance area, Frank has advised on insurance and reinsurance company acquisitions; domestications and reorganizations; policy drafting and review and regulatory approvals; direct marketing; strategic planning and coverage issues. For a number of years, Frank also advised several organizations in the not for profit and in the health care sector, providing counsel on a wide range of areas including governance, strategic alliances and general commercial matters.

In 2014, Mondaq named Frank a top contributor, ranking within the top 20% of all authors internationally, for his articles on insurance, privacy and data protection, and corporate and commercial law.

Education

  • University of Toronto, J.D., 1976
  • University of Sussex, M.Phil. (Commonwealth Scholar), 1974
  • University of Toronto, B.A.Sc. (Gold Medal), 1972

Bar Admission

  • Ontario, 1978

Experience

  • Frank oversees McMillan LLP's collaboration with Ethidex Inc.'s offering of Risk Manager® a web based risk management and legislative compliance tool for insurance companies
  • Acted as Canadian regulatory counsel for a European based insurer in the sale of its worldwide reinsurance business for $1.6 billion USD
  • Advised Médicins Sans Frontières (Doctors Without Borders) on risk management practices for their clinical trial programs (pro bono)
  • Acted for The Royal Conservatory of Music on its joint venture with Carnegie Hall to establish The Carnegie Hall Royal Conservatory Achievement Program throughout the United States
  • Advised an Ontario hospital on coverage issue arising from a c-dificile breakout
  • Acted for BBM Canada on its joint venture with Nielsen Media Research to form BBM Nielsen Inc., which eliminated the duplication of television audience data collection in Canada
  • Acted for a Canadian property and casualty insurer in its post-acquisition reorganization of a nationwide insurer

Associations

  • Director, Lifeline Syria
  • Association of Professional Engineers of Ontario
  • Hungarian Canadian Bar Association (Founding Member)
  • Canadian Bar Association
  • Ontario Bar Association

Awards & Honours

  • Chambers Canada (Insurance Law), 2016
  • The Best Lawyers in Canada (Corporate Law and Insurance Law), 2016
  • Practical Law Company's PLC Cross-border Insurance and Reinsurance Handbook, recommended practitioner, 2010
  • "AV" Peer Review Rating, Martindale-Hubbell