MaryGrace Johnstone


[email protected]

MaryGrace works with creditors and borrowers on lending transactions, debt financing and other secured transactions including real estate financings, subordinated debt financing, note issuances, securitized debt and multi-jurisdictional financings.

Her practice leverages legal technology including Closing Folders and Autologyx. She is actively involved in building out these customizable programs for the BLG Beyond platform to streamline lending transactions and provide clients with technology-enabled support.

Prior to joining BLG, MaryGrace worked for Dr. Janis Sarra at the University of British Columbia, where she researched global financial systems, structured credit and securitization, cryptocurrency, climate-related financial risk, and banking and financial institution regulation.


  • Sandstorm Gold Ltd. in its US$30 million Vatukoula stream and royalty transaction on the producing Vatukoula Mine in Fiji.
  • Acting for Sunniva Inc. and related (Cannabis industry) companies in their ongoing restructuring proceedings under the CCAA.
  • Acting for PwC in its capacity as the Court-appointed Monitor for the restructuring under the CCAA of the Vancouver-based cannabis company, Invictus Group

Beyond Our Walls

Professional Involvement

  • Member, Law Society of British Columbia
  • Assistant Editor, Annual Review of Insolvency Law, 2020
  • Student Editor, Annual Review of Insolvency Law, 2017-2019

Awards & Recognition

  • Awarded second place at the 2019 International Insolvency Law Moot in Singapore.
  • Received the 2019 Insolvency Institute of Canada Prize for Insolvency Studies at the University of British Columbia.

Bar Admission & Education

  • British Columbia, 2020
  • JD, Peter A. Allard School of Law, UBC, 2019
  • BMus (Distinction, Flute Performance), University of Alberta, 2011