Nicholas Leblovic is a partner in the Corporate/Commercial, Corporate Finance & Securities, Mergers & Acquisitions and Structured Finance practices. He focuses on acquisitions, dispositions, financings, secured transactions, leveraged leasing and corporate reorganizations. He has been lead counsel to a broad range of public and private clients of the firm, including financial institutions, public and private corporations and governmental agencies.
Nicholas, together with other partners of the firm, has been instrumental in the development of new cross-border and Canadian domestic equipment lease structures and has been actively involved in major equipment lease transactions involving Canadian Pacific, Air Canada, Transamerica, Austrian Railways, Nav Canada and Bombardier.
Representative Work
- Acted as Canadian counsel for a group of European financial institutions in connection with the restructuring of 38 aircraft lease transactions in proceedings under the Companies' Creditors Arrangement Act involving Air Canada.
- Acted for Bombardier Recreational Products Inc. in connection with a US$1.15 billion term loan facility provided by a syndicate of Canadian and U.S. financial institutions.
- Acted as Canadian counsel for General Electric Capital Corporation and Silver Point Capital in connection with a US$1.11 billion revolving credit facility and a US$140 million senior secured credit facility to Handleman Company.
- Acted for Schlumberger Oil Fields Holdings Limited and its affiliates in connection with the acquisition by Sword Canada Acquisition Corporation of Saxon Energy Services Inc. and its subsidiaries and the associated US$285 million term and US$65 million revolving credit facilities provided to Sword by a syndicate of financial institutions.
- Acted as counsel for a syndicate of banks in the US$2.5 billion credit financing provided to Novelis Inc. and for the initial purchasers in the US$1.4 billion issuance of senior notes as part of Alcan Inc.'s spin-off of its aluminium rolled products business.
- Acted for affiliates of Bain Capital, a global private investment firm, in the purchase of Verizon Communications Inc.'s directory operations in Canada for CDN$1.985 billion. The directory operations, SuperPages Canada, is Canada's second-largest directories publisher and is the official TELUS directory publisher in Western Canada. Online directory operations were also included in the transaction.
Recognition
- Cited in The Best Lawyers in Canada in the area of Equipment Finance Law.
- Recognized in the Canadian Legal Lexpert® Directory as a repeatedly recommended practitioner in asset/equipment financing and leasing.
- Included in Euromoney Legal Media Group’s Guide to the World’s Leading Aviation Lawyers.
Teaching EngagementsNicholas has participated in various seminars dealing with corporate commercial topics and was an instructor in the Advanced Business Law Workshop taught to third year law students at the Osgoode Hall Law School of York University.