David Chernos


Telephone: 416-855-0402
Email: dchernos@cfscounsel.com
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Assistant: Maria Lamanna
416-855-0401 ext.0502 | mlamanna@cfscounsel.com | Download Maria's Vcard

David Chernos' practice focuses on corporate and commercial litigation, with an emphasis on matters involving shareholders’ disputes (including those involving family and other closely held companies), insolvency, corporate restructuring, income tax, directors’, officers’ and professional liability, and insurance coverage disputes. David also has broad experience in estates and trust litigation, having acted for numerous trustees and beneficiaries as well as Ontario’s Office of The Children’s Lawyer on a variety of large and complex estate and trust matters. Prior to founding Chernos Flaherty Svonkin LLP with Pat Flaherty and Stuart Svonkin, David practiced at Torys LLP in Toronto for more than twenty years, most of that time as a partner. David has appeared as lead counsel before the Ontario trial courts, the Ontario Court of Appeal, the Supreme Court of Canada, and the Tax Court of Canada.


Lexpert/Thomson Reuters' Canadian Legal Lexpert Directory, since 2011 - Most Frequently Recommended practitioner in corporate commercial litigation; Repeatedly Recommended in litigation - directors' and officers' liability, securities litigation, and in professional liability

Lexpert’s Guide to the Leading US/Canada Cross-Border Litigation Lawyers in Canada, since 2012

Lexpert/American Lawyer's Guide to the Leading 500 Lawyers in Canada, since 2013 - Leading lawyer in corporate commercial litigation; Most Frequently Recommended practitioner in litigation

Best Lawyers in Canada, since 2012 - Leading lawyer in corporate and commercial litigation

Best Lawyers in Canada, since 2013 - Leading lawyer in alternative dispute resolution

Legal Media Group's Benchmark Canada, since 2012 - Leading lawyer in commercial and insolvency litigation


David has represented

  • major accounting firms in their role as privately appointed or court-appointed receivers in matters ranging from the realization of technology assets to real estate developments
  • the property and casualty insurance insolvency fund (PACICC) in the winding up of several insurance companies
  • a variety of clients (ranging from private individuals to large corporations) on breach-of- contract claims and shareholder disputes, including oppressions actions, in a host of different industries but with particular emphasis on real estate development and construction
  • numerous clients (ranging from private individuals to large corporations) on a variety of insurance coverage disputes
  • a major Ontario power generation company, in its successful defence of an oppression claim seeking to unwind its acquisition of a cogeneration power facility in Northern Ontario commenced in the context of CCAA proceedings involving its parent company
  • both construction companies and those who seek tenders from them in construction tendering disputes
  • numerous trustees and beneficiaries in a wide range of estates matters
  • directors and officers and other professionals on issues relating to personal liability resulting from corporate involvement (particularly in insolvency situations)
  • both plaintiffs and defendants in environmental contamination cases


The Osgoode Society for Canadian Legal History


The Advocates’ Society

Bar Admissions

Ontario, 1993


LLB, 1991
Queen's University

BA (Honours), 1988
University of Toronto