Davies acted as counsel to the Molson brothers Geoff, Andrew and Justin, in connection with the acquisition of the Montreal Canadiens Hockey Club by the investment group led by the Molson brothers, which transaction is considered to be one of the most significant North American acquisitions in professional sports. The Montreal Canadiens Hockey Club is one of the oldest established National Hockey League (NHL) franchises, and among the most successful clubs in North American sports history. The transaction also included the purchase of the Montreal Bell Centre and the Gillett Entertainment Group.

The Davies team included, in Montréal, Sylvain Cossette, Sébastien Savage, Christopher Karambatsos, Alan Golden, Sylvie Guillemette (Corporate/Commercial) and Fred Purkey (Tax), in Toronto, Derek Vesey and Bradley Ashkin (Financing) and, in New York, Marc A. Berger (Corporate/Commercial).