About the Lawyer

Ghazal Hamedani is a Partner at Kalfa Law Firm, a boutique business firm in Canada that is widely recognized for its focus on private mergers and acquisitions (M&A). With a comprehensive corporate and commercial practice, Ghazal specializes in private M&A transactions, where she advises on the acquisition and disposition of privately held businesses, shares, and assets. She has successfully represented private companies across multiple industries in a wide range of transactional matters, including private placements, acquisitions, and dispositions of shares and assets, consistently aligning legal strategy with her clients’ commercial objectives.

Prior to rejoining Kalfa Law, Ghazal honed her skills at a full-service national law firm, working with both start-ups and large corporations on the full spectrum of transactional work—from designing early-stage legal frameworks and corporate structures to managing complex, multi-million-dollar M&A deals. This blend of big-firm experience and boutique practice insight allows her to navigate sophisticated private M&A transactions with precision and practicality.

Beyond her transactional work, Ghazal has developed significant thought leadership in areas closely connected to modern deal-making, including ESG (Environmental, Social, and Governance), sustainable finance, carbon markets, and climate risk management. She has co-authored and contributed to a series of high-profile publications on carbon financing and climate-related regulatory regimes, which inform her ability to integrate emerging ESG and climate risk considerations into private M&A strategy when relevant to a client’s business.

Ghazal is actively engaged in the broader corporate law community and serves as a Public Affairs Liaison at the Ontario Bar Association (OBA). In this role, she fosters dialogue between legal professionals and policymakers on issues that directly affect corporate and transactional practice in Ontario, including developments in business regulation and corporate restructuring. She also participates in OBA Continuing Professional Development seminars, where she is invited to speak on corporate restructuring in the context of private M&A transactions, sharing practical insights with peers and contributing to ongoing professional education.

Combining deep transactional experience with strategic insight and leadership, Ghazal is committed to helping clients execute private M&A deals efficiently and effectively while advancing best practices in corporate and business law.

Experience

Ghazal’s career reflects a clear focus on business transactions and private M&A. Early in her practice, she worked at a full-service national law firm, where she advised a diverse client base ranging from emerging companies and start-ups to large, established corporations. Her work there covered the full lifecycle of corporate transactions, including structuring deals, conducting due diligence, negotiating purchase agreements, and closing complex M&A transactions. This experience provided her with a strong foundation in both the legal and commercial aspects of private M&A.

She initially joined Kalfa Law as a Senior Associate Lawyer, concentrating on business and private M&A matters. In that role, she handled a broad array of corporate transactional files, including share and asset purchases, corporate reorganizations undertaken in anticipation of or following a sale, and related financing transactions. Her demonstrated ability to manage intricate deals, coordinate multidisciplinary teams, and deliver pragmatic, business-oriented advice led to her promotion to Partner at Kalfa Law Firm.

As a Partner, Ghazal now leads and oversees private M&A mandates, acting as a strategic advisor to business owners, investors, and management teams. She regularly negotiates and structures transactions involving privately held companies, guiding clients through all stages of a deal—from preliminary term sheets and letters of intent, through due diligence and negotiation of definitive agreements, to closing and post-closing integration or restructuring. Her experience spans multiple sectors, enabling her to tailor deal terms and risk allocation to the specific commercial realities of each industry.

In addition to her transactional work, Ghazal’s experience includes extensive writing and speaking on topics that intersect with private M&A, such as ESG and climate risk management, carbon markets, and sustainable finance. Her publications on Canada’s carbon pricing regimes, voluntary carbon markets, and climate risk guidelines demonstrate a sophisticated understanding of how regulatory and market developments can impact corporate transactions. She also writes on the duty of good faith in the performance and negotiation of commercial contracts in Canada, an issue that is highly relevant to the negotiation and implementation of M&A agreements.

Specialty

Ghazal’s primary specialty is private mergers and acquisitions, with a focus on the transactional and strategic needs of privately held businesses. Her work encompasses:

Share and Asset Purchases: Advising buyers and sellers on the structuring, negotiation, and completion of share and asset purchase transactions, including tax-efficient and liability-conscious deal structures.
Corporate Reorganizations Linked to M&A: Designing and implementing corporate reorganizations that facilitate or follow a private sale, such as restructuring ownership, segregating assets and liabilities, or simplifying corporate structures in anticipation of a transaction.
Private Placements and Deal Financing: Assisting clients with private placements and other private financing transactions that support M&A activity, including raising capital for acquisitions or recapitalizations associated with a change of control.
Strategic Advisory for Business Transitions: Providing strategic advice to business owners and management on succession planning, exit strategies, and the preparation of a business for sale, ensuring that legal and commercial considerations are aligned throughout the process.
Integration of ESG and Climate Risk into Transactions: Drawing on her advanced training and publications in ESG and climate risk law to address sustainability, regulatory, and climate-related risk issues that may affect transaction value, risk allocation, or post-closing operations in certain industries.
Contract Negotiation and Good Faith Obligations: Applying her research on the duty of good faith in commercial contracts to the negotiation and drafting of M&A agreements, helping clients manage negotiation dynamics and reduce the risk of disputes over performance and enforcement.

Her practice is characterized by a business-first approach: she shapes legal solutions around the commercial goals of her clients, focusing on clear risk allocation, efficient transaction execution, and practical, outcome-oriented advice. By combining technical corporate law expertise with an understanding of market and regulatory trends, Ghazal offers comprehensive guidance on private M&A deals of varying size and complexity.

Education

Bachelor of Laws (LL.B.), Cardiff University – Ghazal completed her law degree at Cardiff University, providing her with a solid grounding in common law principles and corporate law, which underpin her private M&A practice.
Honours Bachelor of Arts (B.A.), University of Toronto – She holds an Honours B.A. in Criminology and Environmental Studies, a combination that enhances her understanding of regulatory frameworks and environmental considerations relevant to modern business transactions.
Advanced Certificate in ESG and Climate Risk Law, Osgoode – Ghazal has pursued advanced studies in ESG and climate risk law, equipping her to identify and address sustainability and climate-related risks in corporate transactions, particularly where these issues can influence valuation or risk management in M&A deals.
Advanced Certificate in Corporate Strategy, University of London – Her training in corporate strategy supports her ability to align transaction structures with long-term business objectives, ensuring that private M&A deals are not only legally sound but also strategically effective for her clients.

Achievements and Recognition

Industry Ranking: Ghazal Hamedani was recognized in the 2026 edition of Best Lawyers: Ones to Watch in Canada™ for her work in Corporate/Private M&A law.
Industry Recognition: Ghazal Hamedani was recognized by Best Lawyers as a top attorney in the practice area of Corporate Law with a focus on corporate-commercial and private M&A law.
Leadership Role: Ghazal Hamedani was promoted to Partner at Kalfa Law, demonstrating her unwavering dedication and expertise leading to this leadership position.
Peer Recognition: Ghazal Hamedani and partner Shira Kalfa were recognized by their peers in the fifth edition of Best Lawyers: Ones to Watch in Canada™.
Professional Role: Ghazal Hamedani serves as a Partner at Kalfa Law Firm specializing in private mergers and acquisitions and corporate reorganization.
Professional Network Membership: Ghazal Hamedani is a member of the Global Law Experts network, available for specialist advice on Working Capital Adjustment in Private M&A.
Professional Profile: Ghazal Hamedani is identified as a Partner specializing in Private M&A and Corporate Reorganization at Kalfa Law Firm.
Early Career Role: Ghazal Hamedani was welcomed as an associate to Kalfa Law prior to her promotion to Partner.
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Achievements and Recognition

Industry Ranking: Ghazal Hamedani was recognized in the 2026 edition of Best Lawyers: Ones to Watch in Canada™ for her work in Corporate/Private M&A law.
Industry Recognition: Ghazal Hamedani was recognized by Best Lawyers as a top attorney in the practice area of Corporate Law with a focus on corporate-commercial and private M&A law.
Leadership Role: Ghazal Hamedani was promoted to Partner at Kalfa Law, demonstrating her unwavering dedication and expertise leading to this leadership position.
Peer Recognition: Ghazal Hamedani and partner Shira Kalfa were recognized by their peers in the fifth edition of Best Lawyers: Ones to Watch in Canada™.
Professional Role: Ghazal Hamedani serves as a Partner at Kalfa Law Firm specializing in private mergers and acquisitions and corporate reorganization.
Professional Network Membership: Ghazal Hamedani is a member of the Global Law Experts network, available for specialist advice on Working Capital Adjustment in Private M&A.
Professional Profile: Ghazal Hamedani is identified as a Partner specializing in Private M&A and Corporate Reorganization at Kalfa Law Firm.
Early Career Role: Ghazal Hamedani was welcomed as an associate to Kalfa Law prior to her promotion to Partner.