Lexpert Special Edition: Finance and M&A Recognizes 59 Davies Lawyers
Apr. 22, 2024 – Davies' lawyers are featured in the 2024 Lexpert Special Edition: Finance and M&A . This recognition is a testament to the trust our clients have placed in us. This year, 59 of our lawyers are listed, including: Christopher Anderson Vincent Mercier Aaron...
Sixty-One Davies Lawyers Recognized as Leading Finance and M&A Advisers
Apr. 24, 2023 – The 2023 Lexpert Special Edition: Finance and M&A ranks 61 Davies lawyers among the top advisers in Canada. Our most notable recent work includes advising: Shaw Communications Inc. in its C$26-billion acquisition by Rogers Communications Inc., a transformative deal in the Canadian...
Women in Business Law Recognizes Seven Davies Partners
Nov. 04, 2022 – The 2022 edition of Expert Guides’ Women in Business Law recognizes seven Davies partners as leading lawyers in their fields: Anita Banicevic – Competition and Antitrust Sandra Forbes – Competition and Antitrust Natasha MacParland – Insolvency and Restructuring ...
Sept. 15, 2022 – A February 16, 2021 decision of the United States District Court for the Southern District of New York held, in In re Citibank August 11, 2020 Wire Transfers , 520 F. Supp. 3d 390, that lenders who received almost $900 million mistakenly wired to them by Citibank (the administrative agent for a...
Filling the Gap: Scope of Canadian Anti-Money Laundering Laws Expanded
June 07, 2022 – The Canadian federal government has fulfilled its promise to expand Canada’s anti-money laundering (AML) regime to cover crowdfunding platforms and certain payment service providers (PSPs) that previously operated outside the scope of the Proceeds of Crime (Money Laundering) and Terrorist...
Canada Confirms Intention to Institute New Interest and Deductibility Rules
June 07, 2022 – Overview The Department of Finance (Canada) (Finance) released draft legislation on February 4, 2022 that would limit the deduction of “interest and financing expenses” to a fixed percentage of earnings before interest, taxes, depreciation and amortization (EBITDA) for Canadian income tax purposes...
Forty-Nine Davies Lawyers Recognized as Leaders in Finance and M&A
Apr. 19, 2022 – Lexpert Magazine has named 49 Davies partners among the best lawyers in Canada in its 2022 Special Edition: Finance and M&A . The recognition caps another year of outstanding transactional success for our team, with highlights including advising Shaw Communications Inc. in its transformative...
Following the Money: Emergencies Act Invoked to Expand Anti-Money Laundering Rules
Feb. 17, 2022 – The Canadian federal government announced this week that it was invoking the never-before-used Emergencies Act 1 in response to ongoing blockades and occupations arising out of the self-titled “Freedom Convoy” protests. As part of the emergency declaration, the government announced additional...
Enerflex to Combine with Exterran
Jan. 25, 2022 – Davies is acting as Canadian financing counsel to Enerflex Ltd. in establishing a US$600-million revolving credit facility and a US$925-million bridge credit facility for its US$735-million business combination with Exterran Corporation. The cross-border deal will create a premier integrated...
Davies Earns Six Tier 1 Rankings in IFLR1000 2022
Aug. 30, 2021 – International Financial Law Review has again recognized Davies’ financial and corporate law practices with Tier 1 rankings in the following areas: Capital Markets: Ontario M&A: Canada M&A: Ontario M&A: Québec Restructuring and Insolvency: Québec Our Project Development: Infrastructure...
Davies Named Canada Corporate Firm of the Year at 2021 IFLR Americas Awards
May 28, 2021 – Davies has been named Canada Corporate Firm of the Year at the International Financial Law Review ’s 2021 Americas Awards. The award reflects our standing as a leading transactional firm. With strategy and innovation always top of mind, we take an agile – yet measured – approach to every...
Forty-Nine Davies Lawyers Named as Leaders in Finance and M&A
Apr. 14, 2021 – Lexpert Magazine has recognized 49 Davies partners among the best lawyers in the country in its 2021 Special Edition: Finance and M&A . The recognition caps another outstanding year for our team, reflecting the strategic perspective our lawyers bring to every transaction – big or small. ...
Air Canada Finalizes Agreements for Liquidity Program with Government of Canada
Apr. 13, 2021 – Air Canada and the Government of Canada have entered into a series of debt and equity financing agreements that will allow Air Canada to access up to approximately $6 billion in liquidity through the Large Employer Emergency Financing Facility (LEEFF) program, which was created to help sustain...
The First Specified Transactions to Be Disclosed to Revenu Québec Announced
Mar. 24, 2021 – The Québec government announced in its March 21, 2019 budget a series of measures aimed at protecting the integrity and equity of Québec’s tax system. These measures include the mandatory disclosure of certain transactions 1 ‒ those that are significantly similar to so-called determined...
A One-in-a-Billion (-Dollar) Mistake
Mar. 23, 2021 – Last year, Citibank made what was likely the costliest bank error in history. To the astonishment of many observers, a U.S. federal court in New York, in a decision released on February 16, 2021, allowed the recipients of Citibank’s mistaken largesse to keep the money. The story has attracted...
Manulife and Inuit-Owned Innavik Hydro Project Reaches Financial Close
Nov. 11, 2020 – Davies acted for The Manufacturers Life Insurance Company in the $92.8-million non-recourse construction and term project financing for the Innavik Hydro Project, a 7.5 MW run-of-river hydroelectric facility that will be developed on the Innuksuac River in Québec. The project, 12 years in the...
Three Davies Projects Named Deal of the Year at PFR Awards
Sept. 09, 2020 – Davies is proud to have advised on three transactions honoured with “Deal of the Year” awards at the 17th annual Power Finance & Risk (PFR) Awards: Northwest Hydro: Canadian Deal of the Year. Davies acted for Axium Infrastructure Inc. and The Manufacturers Life Insurance Company in their...
Fifteen Davies Partners Named Leaders in Infrastructure
Sept. 04, 2020 – The Lexpert Special Edition: Infrastructure has named 15 Davies partners among Canada’s elite practitioners for 2020, securing our standing as a leader in the infrastructure space. The recognition caps another landmark year for the team, in which we advised on several award-winning deals,...
Three Davies Projects Honoured with Deal of the Year at IJGlobal Awards
July 15, 2020 – Demonstrating our strength and capability across the energy and infrastructure market, Davies advised on three deals named “Deal of the Year” at this year’s IJGlobal Awards, announced on July 13: Corner Brook: North America Social Infrastructure Deal of the Year. Davies acted as lead...
Three Wins for Davies at IFLR1000 Canada Awards 2020
June 11, 2020 – Davies is proud to have won awards across three categories at the IFLR1000 Canada Awards 2020, announced on June 11. The firm was named “Restructuring and Insolvency Team of the Year” for our groundbreaking work on a number of complex and high-profile cross-border restructurings and insolvencies...
Fruta del Norte Wins Project Finance Deal of the Year at IFLR Americas Awards
May 22, 2020 – We are proud to have been among the firms honoured with “Project Finance Deal of the Year” at the IFLR Americas Awards 2020 for our work on Lundin Gold's Fruta del Norte project in Ecuador. Davies advised Blackstone Tactical Opportunities in the US$450-million project financing package, which...
Apr. 02, 2020 – Businesses, regardless of size, charities and non-profit organizations whose revenues have decreased by at least 30% because of the COVID-19 pandemic are now eligible to apply for the Canada Emergency Wage Subsidy. The subsidy is retroactive to March 15, 2020 and covers up to 75% of wages (up to...
A Penalty Under GAAR Will Cause Ineligibility for Public Contracts in Québec
Mar. 23, 2020 – The Act mainly to establish the Centre d'acquisitions gouvernementales and Infrastructures technologiques Québec (Act) was assented to on February 21, 2020, by the National Assembly of Québec. The Act incorporates new provisions in the government procurement rules to combat abusive tax avoidance...
COVID-19: Material Adverse Change and Material Adverse Effect
Mar. 23, 2020 – The COVID-19 pandemic has had, and is likely to continue to have, a major impact on the global economy as countries implement various levels of “social distancing” and other restrictions on normal activities. In these uncertain times, many businesses may find themselves reviewing their contracts...
Thirty-Two Davies Lawyers Named as Leaders in Finance and M&A
Feb. 26, 2020 – Lexpert Magazine has recognized 32 Davies partners among the best in the country in its 2020 Special Edition: Finance and M&A . A credit to our phenomenal work over the past year, the recognition reflects our leadership in the finance and M&A space and our focus on providing innovative solutions...
Changes to the Divided Co-ownership Regime in Québec: Impact on Real Estate Developments
Dec. 19, 2019 – The Québec National Assembly has adopted Bill 16 (Act 1 ), which amends various provisions of the Civil Code of Québec relating to divided co-ownership and adopts measures to protect deposits paid by buyers of a unit. This Act, which was assented to on December 11, 2019, will come into force on...
Increase of Transfer Duties in Montréal
Dec. 17, 2019 – The City of Montréal has adopted a bylaw that will increase the transfer duties payable in Montréal for transactions exceeding $2 million, starting on January 1, 2020. The City is adding a new bracket for the basis of imposition for transfers of immovables exceeding $2 million and has set the...
Eleven Davies Partners Recognized as Canada’s Leading Infrastructure Lawyers
Sept. 27, 2019 – The 2019 Report on Business/Lexpert Special Edition— Canada’s Leading Infrastructure Lawyers has named 11 Davies partners among the country’s best. The report is produced in partnership with the Canadian Council for Public-Private Partnerships. Davies’ PPP and Infrastructure team is widely...
Thirty Davies Partners Named Leaders in Cross-Border Law
June 14, 2019 – In recognition of our reputation for excellence in advising on cross-border issues, the 2019 Lexpert Guide to US/Canada Cross-Border Lawyers in Canada has named 30 of our partners as leaders in the field. The guide highlights our lawyers’ expertise across eight key areas, including Business...
CSA Proposes New At-the-Market Distribution Regime
May 16, 2019 – The Canadian Securities Administrators (CSA) recently published a notice and request for comment that proposes amendments (Proposed Amendments) to Part 9 of National Instrument 44-102 Shelf Distributions (NI 44-102). The Proposed Amendments, when adopted, will provide a new regime for issuers...
Private Federal Corporations Must Track Controlling Shareholders Beginning in June 2019
Feb. 22, 2019 – Bill C-86 introduces significant changes to the Canada Business Corporations Act (CBCA) that will come into effect on June 13, 2019. Corporations governed by the CBCA (excluding corporations that are reporting issuers or are listed on a “designated stock exchange” as defined in the Income Tax...
Davies Lawyers Unrivalled in Chambers Global 2019
Feb. 19, 2019 – Chambers and Partners has once again recognized Davies as a top Canadian law firm in the 2019 edition of Chambers Global: The World’s Leading Lawyers for Business . This year’s guide recognizes 39 Davies lawyers with 45 rankings, including 16 lawyers ranked Band 1 – more than any other law firm...
Top Court Rules Bankrupt Corporations Can’t Evade Environmental Obligations
Feb. 05, 2019 – In a landmark decision released on January 31, 2019, the Supreme Court of Canada (SCC) ruled in Orphan Well Association v Grant Thornton Ltd. that the environmental remediation obligations of a bankrupt oil and gas company must be fulfilled in priority over all other claims, including secured...
Joel Scoler Recognized by Who’s Who Legal: Thought Leaders – Global Elite 2019
Feb. 04, 2019 – Davies partner Joel Scoler has been recognized as one of world’s foremost practitioners in Banking in Who’s Who Legal: Thought Leaders – Global Elite 2019 . Well known as an outstanding lawyer in both the national and the international banking sectors, Joel is regularly sought out by...
U.S. Treasury Broadly Expands Disclosures of “All Cash” Real Estate Purchases
Nov. 28, 2018 – In a previous e-communication , we reported that the Financial Crimes Enforcement Network (FinCen) of the U.S. Treasury Department had established a temporary program that required new disclosures by title insurance companies. The program is part of FinCen’s effort to gather data that will...
Oct. 15, 2018 – The Ontario Securities Commission (OSC) recently approved a settlement agreement with eToro (Europe) Limited (eToro), a Cyprus-based brokerage firm that operates an online cryptocurrency and stock trading platform, imposing over C$2.8 million in penalties on eToro for violating registration and...
Oakland Corridor Partners Preferred Bidder in Final Segment of I-75 Modernization Project
Sept. 11, 2018 – Davies acted as transaction counsel for a group of infrastructure fund investors and the equity arms of engineering and construction firms in the I-75 Modernization Project in Michigan. The Oakland Corridor Partners team, comprised of John Laing Investments Limited, AECOM Capital Inc., Jay Dee...
Sept. 06, 2018 – Early in 2018, lenders and their counsel were surprised and alarmed by the Ontario Superior Court of Justice decision in Solar Power Network Inc. v ClearFlow Energy Finance Corp. , which threatened to disrupt a long-established consensus that section 4 of the Canadian federal Interest Act no...
Two Davies Partners Listed in Who’s Who Legal: Project Finance 2018
Sept. 05, 2018 – Davies partners Carol Pennycook and Nick Williams have been recognized as global leaders in Project Finance by Who’s Who Legal 2018. Davies’ Project Finance practice is widely acknowledged for its expertise across sectors, both in Canada and internationally. Our lawyers recently acted in...
The Green Rush: The Cannabis Industry Rolls On
Aug. 03, 2018 – On October 17, 2018, the Canadian recreational cannabis market will open under a patchwork of federal and provincial legislation. With just over two months before legalization, the Canadian cannabis industry continues to evolve and grow at an unprecedented pace. We highlight significant...
Twenty-nine Davies Partners Named Leaders in Cross-Border Law
June 22, 2018 – The 2018 Lexpert Guide to US/Canada Cross-Border Lawyers in Canada features 29 Davies lawyers, across seven practice areas, who are recognized for their industry-leading cross-border practices. The new publication from Lexpert is a single all-encompassing cross-border guide, featuring lawyers...
Apr. 06, 2018 – While the Canadian capital markets were volatile in 2017, market activity in the Canadian cannabis sector has achieved unprecedented highs. The $245-million investment by Constellation Brands, a NYSE-listed producer of beer, wine and spirits, in TSX-listed Canopy Growth in the fall of 2017...
Weed Wars Part III: The Joint Actor Issue
Mar. 23, 2018 – In the recently released joint reasons of the Ontario and Saskatchewan securities commissions in In the Matter of Aurora Cannabis Inc. in respect of the unsolicited takeover bid by Aurora Cannabis Inc. for all the shares of CanniMed Therapeutics Inc., the commissions considered when a bidder and...
Weed Wars Part II: Tactical Poison Pills and Lock-up Agreements in Hostile Bids
Mar. 20, 2018 – The Ontario and Saskatchewan securities commissions recently released joint reasons in In the Matter of Aurora Cannabis Inc. in respect of the unsolicited takeover bid by Aurora Cannabis Inc. for all the shares of CanniMed Therapeutics Inc. and CanniMed’s adoption of a shareholder rights plan...
Mar. 13, 2018 – Every day, across Canada, business and tax lawyers rely on the judge-made doctrine of “transactional common interest privilege” to facilitate the due diligence process and to ensure the efficient structuring and negotiation of commercial transactions. This beneficial common law doctrine allows a...
Demystifying Crypto in Canada: Will 2018 Be the Year of Blockchain?
Mar. 07, 2018 – The year 2017 was one of tremendous growth for blockchain, as the technology underlying Bitcoin gained attention from mainstream media outlets, financial institutions, investment funds and securities regulators across the globe. Blockchain’s rise to prominence was led by an interest in...
Davies Lawyers Peerless in Chambers Global 2018
Feb. 16, 2018 – Davies’ status as a leading Canadian law firm has once again been confirmed by Chambers and Partners in its annual publication Chambers Global: The World’s Leading Lawyers for Business . The 2018 edition of the guide recognizes 40 Davies lawyers with 46 rankings, including 15 lawyers ranked Band...
Canada Resets Federal Environmental Assessment for Major Project Reviews
Feb. 09, 2018 – In 2016, the Canadian government launched a formal review of key federal environmental assessment and regulatory processes. Expert panels were established and parliamentary committees engaged to conduct consultations and provide recommendations with respect to the Canadian Environmental...
Interest Disclosure under Section 4 of the Interest Act: The Ghost Is Clanking Its Chains Again
Feb. 09, 2018 – Section 4 of the Canadian federal Interest Act , an interest disclosure provision first enacted in 1897 and surviving almost unchanged today, has been of little concern to lenders for the past quarter-century. A series of judicial decisions in the early 1990s seemed to have limited its scope so...
Weed Wars: Securities Commissions Weigh In on Aurora/CanniMed Hostile Bid
Jan. 03, 2018 – After a joint hearing in mid-December, the Ontario and Saskatchewan securities commissions released identical orders in respect of the unsolicited take-over bid by Aurora Cannabis Inc. for the issued and outstanding common shares of CanniMed Therapeutics Inc. and CanniMed’s use of a shareholder...
Dec. 27, 2017 – Who’s Who Legal: Banking has named four Davies partners as leaders in the field for 2018: Carol Pennycook , Joel Scoler , Jay Swartz and Derek Vesey . Joel Scoler was separately recognized as a Thought Leader in the field for North America, a category reserved for the highest number of peer...
Canada’s Competition Bureau Releases Draft Fintech Report: What’s Next?
Dec. 07, 2017 – In May 2016, Canada’s Competition Bureau announced that it was launching a market study into technology-led innovation in the Canadian financial services sector, also known as “fintech. ” Eighteen months later, in November 2017, the Bureau released a detailed draft report for comment. Below we...
Investment Considerations for the Cannabis Industry: Spotting the Red Flags
Nov. 22, 2017 – The recent $245-million investment by Constellation Brands, a NYSE-listed producer of beer, wine and spirits, in TSX-listed Canopy Growth focused attention across North America on the Canadian cannabis industry. The announcement of the approximately 9.9% investment on October 30, 2017 drove Canopy...
Québec Releases Framework for Recreational Cannabis
Nov. 21, 2017 – The Canadian government is going full steam ahead with its plans to legalize cannabis for recreational purposes in July 2018, but it has left some of the toughest decisions relating to the sale, distribution, cultivation and promotion of cannabis to the provinces and territories. As a result, a...
OSC Invites TokenFunder to Play in the CSA Sandbox
Oct. 26, 2017 – Earlier this month, the Ontario Securities Commission (OSC) released its decision to grant exemptive relief from applicable Canadian registration requirements to Token Funder Inc. (TokenFunder) for the launch of its initial offering of FNDR tokens. By blessing the upcoming offering by TokenFunder...
Forty-nine Davies Lawyers Recognized in Who’s Who Legal: Canada
Oct. 24, 2017 – Law Business Research’s Who’s Who Legal: Canada 2017 names 49 Davies partners as leading lawyers, including eight Most Highly Regarded practitioners, across 18 different practice areas. Who’s Who Legal nominees are selected on the basis of comprehensive, independent surveys conducted among...
Thirty-eight Davies Partners Recognized in the IFLR1000 Financial and Corporate 2018 Guide
Oct. 17, 2017 – Davies’ market leadership and expertise in financial and corporate law is reaffirmed in the 2018 edition of IFLR1000 , with 28 of our lawyers recognized as industry leaders, including one Market Leader, 18 Highly Regarded practitioners, six Rising Stars and thirteen Notable Practitioners across...
Six Davies Partners Recognized in Women in Business Law
Oct. 12, 2017 – The 2017 edition of Expert Guides’ Women in Business Law recognizes six Davies partners as leading lawyers in their fields: Anita Banicevic Sandra Forbes Patricia Olasker Carol Pennycook Alexandria Pike Sarah Powell The guide celebrates the...
U.S. Treasury Will Scale Back Debt-Equity and Certain Other Regulations
Oct. 10, 2017 – On the basis of an executive order by President Trump to reduce the burden of tax regulations, the Secretary of the Treasury (Secretary) identified on June 22, 2017, eight regulations from January 1, 2016, to be reviewed (June Report). The Secretary has now provided final recommendations (October...
Geoffrey Rawle, Zain Rizvi Referenced in Financial Post Article About Bitcoin
Sept. 22, 2017 – Davies lawyers Geoffrey Rawle and Zain Rizvi ’s recent client communication on the Canadian Securities Administrators’ (CSA) approach to cryptocurrency offerings is referenced in a recent Financial Post article. The Post’s article discusses the strength of the CSA’s directive and quotes Geoff...
Liquidating CCAAs and Pension Deemed Trust Priorities
Sept. 14, 2017 – The very clearly written decision of Québec Superior Court Justice Stephen Hamilton in the Bloom Lake and Wabush Mines Companies’ Creditors Arrangement Act (CCAA) proceedings is certain to be the topic of current discussion in the Canadian insolvency and secured lending communities. See the...
Cooling the Blockchain Boom: CSA Staff Narrow the Path for Cryptocurrency Offerings
Sept. 07, 2017 – Cryptocurrency users take note – Canadian securities laws may apply, and regulators are paying attention. On August 24, 2017, the Canadian Securities Administrators released strong guidance on how securities regulators will view and regulate cryptocurrency offerings, also known as initial coin or...
Barrick Gold Completes Strategic Divestiture and Partnership with Shandong Gold
June 30, 2017 – Davies acted for Barrick Gold Corporation in its transaction with Shandong Gold that included the following: sale of a 50% interest in the Veladero gold mine for US$960 million; the negotiation of a 50/50 joint venture arrangement in respect of the Veladero gold mine; the...
Five Davies Partners Named Best of the Best
May 19, 2017 – The 2017 edition of Expert Guides’ Best of the Best recognizes five Davies partners as leading lawyers in their fields: Guy Du Pont Greg Howard Carol Pennycook Stephen Ruby Kent Thomson The guide profiles the top 30 practitioners in 18 areas of law. Our lawyers were recognized...
Davies Earns Top Marks in The Canadian Legal Lexpert Directory 2017
May 05, 2017 – The Canadian Legal Lexpert Directory 2017 has recognized 91 Davies lawyers as leading practitioners, with 33 achieving the highest ranking of Most Frequently Recommended in at least one area of specialization. Our firm is also recognized as Most Frequently Recommended in 16 practice areas. ...
SEC Adopts Final Rule Shortening Settlement Cycle to T+2
Mar. 28, 2017 – On March 22, 2017, the U.S. Securities and Exchange Commission (SEC) adopted a final rule amending Rule 15c6-1(a) under the U.S. Securities Exchange Act of 1934 to shorten the standard settlement cycle from three to two business days (i.e., from T+3 to T+2) for most broker-dealer securities...
Davies Lawyers Unmatched in Chambers Global 2017
Mar. 27, 2017 – Davies’ status as a leading Canadian law firm has once again been confirmed by Chambers and Partners in its annual publication Chambers Global: The World’s Leading Lawyers for Business . Davies has the highest percentage of Band 1 lawyer rankings as well as the highest percentage of overall...
Perfection by Control of Security Interests in Cash Collateral Accounts: Recent Ontario Developments
Dec. 07, 2016 – From a lender’s perspective, perfection of its security interest in collateral by control provides stronger protection than perfection by registration. A security interest perfected by control will generally prevail over other interests in the same collateral, including even a prior security...
Fortis Completes Acquisition of ITC for US$11.3 Billion
Oct. 14, 2016 – Davies advised Fortis Inc. in its US$11.3-billion acquisition of ITC Holdings Corp., the largest independent electric transmission company in the United States. This transformative transaction, structured as a cash and share exchange merger, made Fortis a top-15 North American utility. In...
Davies Acts for Leading Financial Institutions on the Air Canada Refinancing
Oct. 13, 2016 – Davies acted for a group of leading financial institutions in connection with the $1. 25-billion refinancing of Air Canada. The group included TD Securities Inc., as representative of the initial purchasers of $200 million of Air Canada’s 4. 75% senior secured notes due 2023, and JPMorgan Chase...
Davies and 84 of the Firm’s Lawyers Highly Ranked in The Canadian Legal Lexpert Directory 2016
June 23, 2016 – The Canadian Legal Lexpert Directory 2016 has profiled 84 Davies lawyers as leading practitioners, with 32 achieving the highest ranking of Most Frequently Recommended in at least one area of specialization. The firm is also recognized as Most Frequently Recommended in the following eight...
May 06, 2016 – Davies acted as lead counsel for Etobicoke Healthcare Partnership LP (EHP) in its winning bid for the approximately $330-million design, build, finance, operation and maintenance of the Etobicoke General Hospital Phase 1 Patient Tower Project. Funds managed by Axium Infrastructure Inc. and...
The Banking Regulation Review, 7th ed.: Canada Chapter
May 01, 2016 – Containing submissions from authors in 40 countries and territories, The Banking Regulation Review is a comprehensive guide to regulatory banking law around the world. A team of Davies lawyers has contributed the Canada chapter, which provides a thorough overview of the country’s banking...
Building Infrastructure: The Legal Framework for Canada's Push – Lexpert
Apr. 13, 2016 – In a Lexpert article exploring how Canada ’ s infrastructure industry will be affected by the coming increase in federal stimulus spending , Davies partner Greg Southam discusses public-private partnerships (PPPs), particularly in the municipal context, and pension funds ’ entry points into...
Davies Lawyers Continue to Lead in Chambers Global 2016
Mar. 23, 2016 – Davies’ status as a leading Canadian law firm has once again been confirmed by Chambers and Partners in its annual publication, Chambers Global: The World ’ s Leading Lawyers for Business . Davies has the highest percentage of Band 1 lawyer rankings of any Canadian law firm. The 2016 edition...
Feb. 11, 2016 – Davies acted for the TransEd Partners consortium, comprising Fengate Capital Management Ltd., Bechtel Development Company, Inc., EllisDon Capital Inc. and Bombardier Transportation Canada Inc., in its winning bid in excess of $1.8 billion for the design, build, finance, operation and maintenance...
Fortis Enters into Agreement to Acquire ITC for US$11.3 Billion
Feb. 09, 2016 – Davies acted for Fortis Inc. in connection with its US$11.3-billion acquisition of ITC Holdings Corp., the largest independent electric transmission company in the United States. Fortis is a leader in the North American electric and gas utility business, serving more than three million customers...
Feb. 09, 2016 – Davies acted for the Port City Water Partners consortium, comprising Brookfield Financial Corp., Acciona Agua International, S.L. and North America Construction (1993) Ltd., in its successful bid in excess of $200 million for the design, build, finance, operation and maintenance of the City...
Shaw Communications Enters into Agreement to Sell Shaw Media to Corus Entertainment
Jan. 13, 2016 – Davies acted for Shaw Communications in connection with its sale of Shaw Media to Corus Entertainment for $2. 65 billion. Shaw Media owns Global Television Network and 19 specialty channels including HGTV Canada, Food Network Canada and Showcase. This transaction firmly positioned Shaw as a...
Upfront Deal Terms Negotiation Increasing in U.S. Canada Less So – Lexpert
Dec. 10, 2015 – In this Lexpert article that examines how the U.S. trend toward upfront negotiation of acquisition finance terms is less pronounced in Canada , Davies partner Carol Pennycook discusses two situations in which she has observed exceptions: M&A auctions involving more than one bidder and...
Davies Honoured at The American Lawyer’s 2015 Global Legal Awards Gala
Sept. 29, 2015 – Last night, at The American Lawyer ’s 2015 Global Legal Awards gala in New York City, Davies was honoured for the firm’s role in the acquisition of Tim Hortons Inc. by Burger King Worldwide, Inc. and the creation of Restaurant Brands International, which was recognized as Global M&A Deal of the...
Davies Recognized by The American Lawyer for Global M&A Deal of the Year: Canada
Aug. 27, 2015 – Davies has been honoured by The American Lawyer ’s 2015 Global Legal Awards for the firm’s role in Burger King Worldwide, Inc.’s acquisition of Tim Hortons Inc. and the creation of Restaurant Brands International, which was recognized as Global M&A Deal of the Year: Canada. Successfully...
Ninety-one Davies Lawyers Recognized by The Best Lawyers in Canada 2016
Aug. 24, 2015 – Ninety-one lawyers from Davies Ward Phillips & Vineberg LLP were selected by their peers for inclusion in The Best Lawyers in Canada 2016 across 33 areas of specialization, with five lawyers named Lawyer of the Year and seven practitioners newly recognized. Best Lawyers awards the Lawyer of the...
Davies and 81 of the Firm’s Lawyers Highly Ranked in The Canadian Legal Lexpert Directory 2015
June 26, 2015 – The Canadian Legal Lexpert Directory 2015 profiled 81 Davies lawyers as leading practitioners, with 29 achieving the highest ranking of Most Frequently Recommended in at least one area of specialization. The firm was also recognized as Most Frequently Recommended in the following eight...
The Banking Regulation Review, 6th ed.: Canada Chapter
June 08, 2015 – Containing submissions from authors in 48 countries and territories, The Banking Regulation Review is a comprehensive guide to regulatory banking law around the world. A team of Davies lawyers has contributed the Canada chapter, which provides a thorough overview of the country’s banking...
Apr. 02, 2015 – Canada has implemented its commitments under the 2008 international Convention on Cluster Munitions by ratifying the Convention and bringing national legislation, the Prohibiting Cluster Munitions Act ( Cluster Munitions Act ), into force on March 16, 2015 1 and this might be of interest to...
Davies Continues as a Leader in Chambers Global 2015
Mar. 18, 2015 – Davies Ward Phillips & Vineberg LLP has again been recognized as one of Canada’s leading law firms by Chambers and Partners in its 2015 annual publication, Chambers Global: The World’s Leading Lawyers for Business . Davies has the highest percentage of lawyer rankings as well as the highest...
