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Acting for a Québec-based gas retailer in connection with criminal charges laid by the Competition Bureau for alleged price fixing and related class actions. |
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2009 |
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Acted for Ernst & Young Inc., a Court-appointed Monitor, in connection with the restructuring of Quebecor World Inc. (now known as World Color Press Inc.) and 53 of its subsidiaries in excess of US$2.8 billion of liabilities and emerged from protection under the Companies' Creditors Arrangement Act and Chapter 11 of the U.S. Bankruptcy Code pursuant to Plans of Reorganization approved by creditors and courts in both countries. |
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2008 |
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Acted for Diffusion Métromédia CMR Inc., a subsidiary of Corus Entertainment Inc., in the successful representation before the Québec Court of Appeal, and is now representing Diffusion Métromédia before the Supreme Court of Canada. Davies obtained the dismissal of a class action filed on behalf of a group of Montréal-based taxi drivers whose mother tongue is Creole or Arabic with respect to comments made by a former radio host while he was an employee of Diffusion Métromédia. |
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2008 |
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Acted for BCE Inc. and Bell Canada before the Supreme Court of Canada and the courts below in the landmark case involving the proposed $51.7 billion privatization of BCE and the attempt by certain holders of debentures of Bell Canada (BCE's subsidiary) to prevent court approval of the transaction on the basis that the transaction failed to properly protect their interests. In a unanimous decision, the Supreme Court of Canada reversed the previous decision from the Québec Court of Appeal, rejected the claims made by the debentureholders, and restored the trial judge's approval of the transaction. |
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2008 |
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Acted for Barzel Industries Inc. (formerly Symmetry Holdings Inc.) in its acquisition of Novamerican Steel Inc. for a purchase price of US$585 million. This transaction was only the second time that a US special purpose acquisition company (SPAC) acquired a US public company. |
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2007 |
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Acted for Abitibi-Consolidated Inc. in its merger of equals with Bowater Incorporated to create a company with a combined enterprise value of US$8 billion. |
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2007 |
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Davies is representing Vidéotron Ltd. against a claim of in excess of CDN$26M for the alleged breach of a share purchase agreement. |
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2007 |
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Acted for Laurentian Bank of Canada, a significant secured creditor of Groupe de Scieries GDS and its subsidiaries, in their restructuring attempt under the Companies' Creditors Arrangement Act. Davies was successful in obtaining for the Bank significant modifications to the Initial Order, which led to the Bank's claim being purchased by another creditor. |
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2006 |
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Acted for Catalyst Fund Limited Partnership in the restructuring of Cable Satisfaction International Inc., sponsored by Catalyst, including the sale of Cable Satisfaction's subsidiary, Cabovisao-Televisao por Cabo, S.A., to Cogeco Cable Inc. in an all cash transaction valued at $465 million. |
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2006 |
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Acted on behalf of Ernst & Young Orenda Corporate Finance Inc., appointed as trustee to conduct a divestiture of a business pursuant to a Consent Order issued by the Competition Tribunal. Also acted on behalf of the Trustee in contested proceedings before the Competition Tribunal in respect of that Order. |
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2005 |
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Davies successfully challenged before the Federal Court (Trial Division) and the Federal Court of Appeal the validity of the registration of a $60M arbitral award against the State Property Fund of Ukraine. |
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2005 |
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Acted for Exeltech and NordTech Aerospace (NTA) Inc., creditors of Jetsgo Corporation, in connection with the Jetsgo bankruptcy. |
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2005 |
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Acted for Eaux Vives Harricana Inc. and its two subsidiaries in their restructuring under the Companies' Creditors Arrangement Act. As part of this process, Davies negotiated the sale of substantially all of the assets of the debtors to an entity controlled by Morgan Stanley & Co. This transaction is expected to allow the debtors to propose a plan of arrangement to their creditors, which claims aggregate over $100 millions. |
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2005 |
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Acted for Metso Paper Ltd., a significant creditor of Papiers Gaspésia LLP, in the latter's restructuring under the Companies' Creditors Arrangement Act. |
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2005 |
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Davies successfully represented Famous Players Cinemas Inc. (“Famous”) before the Québec Court of Appeal and the Supreme Court Canada. Famous was accused by its landlord’s mortgage creditor of participating in breach of contract by agreeing with the landlord to the cancellation of Famous’ lease when such cancellation was prohibited under the terms of the landlord’s mortgage. |
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2005 |
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Davies successfully represented Corus Entertainment Inc. before the Governor in Council, which refused to quash a decision by the CRTC approving the exchange of various radio stations (including CKAC) between Corus and Astral Media Inc. |
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2005 |
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Acted on behalf of Deutsche Bank Securities in connection with a back stop underwriting for Air Canada in connection with its Plan under the Companies' Creditors Arrangement Act. |
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2004 |
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Acted for McWatters Mining Inc. in connection with the plan of arrangement and reorganization under the Companies' Creditors Arrangement Act (Canada) and the Companies Act (Quebec), including a $47.4 million investment of capital by Soquem Inc. and Soquémex Inc., Sodémex II, s.e.c., the Fonds de solidarité des travailleurs du Québec (FTQ), Investissement Québec and Economic Development of Canada. |
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2004 |
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Acted on behalf of the Court-appointed Monitor, RSM Richter Inc., and was instrumental in the successful restructuring of Le Groupe Les Ailes de la Mode. The restructuring has allowed for the continuation of the operations of Les Ailes stores. During the reorganization, RSM Richter Inc , with the assistance of Davies, was able to complete the sale of some of divisions so the operations of Le Groupe Les Ailes de la Mode could be more focused and successful. In addition, RSM Richter Inc and Davies were instrumental in having the Plan of Arrangement accepted by the creditors and sanctioned by the Court, so the financial reorganization of Le Groupe Les Ailes could be successful. |
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2004 |
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Systemcorp A.L.G. Limited, a Montreal based company, which is a leading provider of project portfolio management software was acquired by IBM Canada Limited pursuant to a Plan of Arrangement under the Canada Business Corporations Act. |
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2004 |
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Davies successfully challenged a search warrant issued at the request of the FBI pursuant to the Mutual Legal Assistance in Criminal Matters Act (before the Superior Court and Court of Appeal of Québec and the Supreme Court of Canada). |
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2001 |
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Davies successfully represented the Caisse de dépôt et placement de Québec in its litigation relating to its successful take-over bid for Vidéotron Ltd. a major Québec cable company. |
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2000 |
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