David is developing a broad practice in competition law and foreign investment review law.
He has assisted clients on mergers and acquisitions, investigations and other regulatory matters.
Alimentation Couche-Tard Inc.
Acting for Alimentation Couche-Tard Inc. in connection with (1) its acquisition of, by way of merger, the Texas-based gas-and-convenience-store chain CST Brands, Inc., valued at approximately US$4.4 billion; and (2) Alimentation Couche-Tard Inc.'s subsequent sale of a portion of CST Brands, Inc.'s Canadian assets to Parkland Fuel Corporation for approximately US$750 million, subject to adjustments.
Alimentation Couche-Tard Inc.
Acted for Alimentation Couche-Tard Inc., the leader in the Canadian convenience store industry, in connection with its $1.68-billion acquisition of 279 Esso-branded fuel and convenience sites; 229 of these sites are located in Ontario and 50 are located in Québec. The acquisition also includes land banks and dealer-operated sites, as well as a long-term supply agreement with Imperial Oil.
Acted for Staples, Inc. with respect to Canadian regulatory matters in connection with its proposed $6.3-billion acquisition of Office Depot, Inc.
The Statutory Claim for Secondary Market Misrepresentations after Theratechnologies and Green
Mar. 27, 2017 - Canadian Business Law Journal, Vol. 59, No.1 (Toronto: Canada Law Book)
Purchase a copy of Canadian Business Law Journal, Vol. 59, No.1.
Top Competition and Foreign Investment Review Trends and Issues for 2017
Jan. 20, 2017 - In our annual forecast of the year ahead for Canadian competition and foreign investment review law, we evaluate how developments in 2016 will influence the business landscape in 2017. Our top issues and trends to watch this year include the following: Liberalization of the foreign investment...
Watch This (Email) Space: New Private Right of Action for Misleading Representations
Dec. 02, 2016 - As 2016 draws to a close, almost everyone is consumed with preparing for the coming holiday season. However, businesses advertising in Canada would be wise to take a few moments this holiday season to start planning for next summer. Beginning in July 2017, private parties will be able to sue for...
Canada Lowers the Wall to Foreign Investment
Nov. 11, 2016 - At a time when trade globalization is attracting new controversy, the Canadian government has taken steps to encourage increased foreign investment in Canada. These measures promise a more attractive and welcoming foreign investment climate. First, the Canadian government has announced that one of...
The Redemption of S. 76: Finding Meaning for Resale Price Maintenance in the Service Context after Visa-Mastercard
Sept. 29, 2016 - This Article argues that the result in The Commissioner of Competition v. Visa Canada Corporation and MasterCard International Incorporated revealed a gap in the Competition Act’s price maintenance provision with respect to the meaning of a service and that of the resale of a service. It...
Couche-Tard Acquiring CST Brands for US$4.4 Billion
Aug. 22, 2016 - Davies is representing Alimentation Couche-Tard Inc. (ACT), a leader in the Canadian convenience store industry, in its acquisition of CST Brands, Inc. for US$4.4 billion and its subsequent sale of a portion of CST Brands’ Canadian assets to Parkland Fuel Corporation for US$750 million. The...