Gillian R. Stacey

Partner

Gillian R. Stacey

Gillian R. Stacey

Partner

“A phenomenally good lawyer. She can cut through verbiage and get to the heart of the issue.”
Client – Chambers Global 2015

Gillian advises on a broad range of acquisitions, financings and technology transactions. Public and private companies and private equity funds, in Canada and internationally, trust her to advise on their critical mergers, acquisitions and dispositions, and fund structuring. They value Gillian’s extensive technology knowledge and experience and, as one client noted, “incredibly solid knowledge of underlying law.” (Chambers Global 2014)

Gillian acts as general counsel for companies of all sizes and in various industries, in matters ranging from technology transactions to shareholder disputes and general corporate issues. She regularly advises on specialty technology matters, including CASL, outsourcing, e-commerce, online gaming, and on privacy issues ranging from devising comprehensive cybersecurity and privacy policies to advising on data breaches and global compliance programs. Her clients include both technology companies, from start-ups to established players, and non-technology clients who require expert advice on their technology and privacy matters.

Gillian R. Stacey

Partner

“A phenomenally good lawyer. She can cut through verbiage and get to the heart of the issue.”
Client – Chambers Global 2015

Gillian advises on a broad range of acquisitions, financings and technology transactions. Public and private companies and private equity funds, in Canada and internationally, trust her to advise on their critical mergers, acquisitions and dispositions, and fund structuring. They value Gillian’s extensive technology knowledge and experience and, as one client noted, “incredibly solid knowledge of underlying law.” (Chambers Global 2014)

Gillian acts as general counsel for companies of all sizes and in various industries, in matters ranging from technology transactions to shareholder disputes and general corporate issues. She regularly advises on specialty technology matters, including CASL, outsourcing, e-commerce, online gaming, and on privacy issues ranging from devising comprehensive cybersecurity and privacy policies to advising on data breaches and global compliance programs. Her clients include both technology companies, from start-ups to established players, and non-technology clients who require expert advice on their technology and privacy matters.

Mobile Content:

Block Inc.

Acted for Block Inc., a U.S. fintech company, in its C$3-million investment in Indigenous Growth Fund, a government-backed loan fund for Indigenous entrepreneurs.

Mobile Content:

Points.com Inc.

Acting for Points.com Inc., the global leader in powering loyalty commerce, in its sale by plan of arrangement to Plusgrade Parent L.P. in an all-cash transaction valuing Points at US$385 million.

Mobile Content:

QuadFi

Acted for QuadFi, a Canadian mission-driven global fintech firm, in securing a US$100-million financing commitment from Crayhill Capital Management, a New York-based minority-owned private credit manager.

Mobile Content:

Atlas Holdings LLC

Acted as Canadian counsel to Atlas Holdings LLC in its acquisition of LSC Communications, Inc., a global leader in print and digital media solutions.

Mobile Content:

Square, Inc.

Acted as Canadian counsel to Square, Inc. in its acquisition of Dessa, a Toronto-based company building machine learning applications that address significant real-world challenges for all types of businesses.

Mobile Content:

Blue Wolf Capital Partners

Acted as Canadian counsel to Blue Wolf Capital Partners in the US$258-million sale to Conifex Timber Inc. of the Suwannee Sawmill in Florida and the Caddo River Sawmill in Arkansas. The purchase price for the sawmills was satisfied, in part, by the issuance of 9,898,461 million common shares of Conifex and 3,500,000 million warrants.

Mobile Content:

Canadian Imperial Bank of Commerce

Acted for Canadian Imperial Bank of Commerce (CIBC) in a mutual agreement with a grocery retailer regarding their long-running arrangement and the wind down of the retail on-line bank branded by that grocery retailer and provided by CIBC.

Mobile Content:

BMO Nesbitt Burns Inc. and TD Securities Inc.

Acted for BMO Nesbitt Burns Inc. and TD Securities Inc., as placement agents, and The Toronto-Dominion Bank and Bank of Montréal, as lenders, in connection with the private placement of $400 million aggregate principal amount of 3.310% Fixed Rate Senior Secured Notes due November 30, 2029 by, and the establishment of $33.5 million of credit facilities for, H2O Power Limited Partnership, a joint venture between Public Sector Pension Investment Board and BluEarth Renewables Inc., that owns and operates eight hydroelectric generating facilities in Ontario with a total installed capacity of approximately 142 MW. H2O Power Limited Partnership is the third largest provider of hydroelectric power in Ontario.

Mobile Content:

Atlas Holdings LLC

Acted for Atlas Holdings in connection with Atlas's acquisition of an 80% equity interest in Millar Western Forest Products and Atlas's exchange of high-yield notes for new secured high-yield notes as the supporting noteholder for Millar Western's US$210-million note exchange transaction. The note exchange transaction was implemented under a plan of arrangement under the Canada Business Corporations Act and, together with Atlas's subsequent equity investment by way of a debt for share exchange transaction, significantly reduced Millar Western's indebtedness and strengthened its financial position, enhancing its ability to respond to and capitalize on developments in the forest products industry.

Mobile Content:

HP Inc.

Acted as Canadian counsel to HP Inc., a world leader in printing, in connection with its US$1.05-billion acquisition of the printer business from Samsung Electronics Co., Ltd.

Bulletin
Mobile Content:

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...

Bulletin
Mobile Content:

Where Things Stand: Update on the Digital Charter Implementation Act, 2020

Dec. 22, 2020 - In our November 20 privacy update, we flagged key elements of Bill C-11, the Digital Charter Implementation Act, 2020, a bill that was introduced on November 17, 2020 by the Minister of Innovation, Science and Industry Navdeep Bains. Bill C-11 had one day of debate on second reading, on...

Bulletin
Mobile Content:

The Times They Are A Changin’ Canadian Privacy Law in the Private Sector

Sept. 18, 2020 - When privacy laws for the private sector were in their infancy in Canada, more than 20 years ago, there was no Internet of Things, Facebook was FaceMash and limited to the Harvard campus, and Google was a toddler. In 2020 there are on average 4 billion Google searches a day, Facebook has more than...

Guide
Mobile Content:

Davies Governance Insights 2018

Oct. 03, 2018 - Davies’ annual Governance Insights reports analyze the top governance trends and issues important to Canadian boards, senior management, in-house counsel and governance observers...

Bulletin
Mobile Content:

Suspension of Private Relief: CASL’s Private Right of Action Delayed

June 09, 2017 - Since its implementation in July 2014, Canada’s anti-spam law, or CASL, has continued to generate a fair amount of controversy due to its broad application and the availability of significant administrative monetary penalties. As we described in prior publications (The Other Shoe Drops: The...

Bulletin
Mobile Content:

The Other Shoe Drops: The Private Right of Action Under CASL

Apr. 26, 2017 - The bulk of Canada’s anti-spam law, known colloquially as CASL, came into force on July 1, 2014. CASL sets out strict rules for a variety of online behaviours and is considered the strictest anti-spam law in the world, providing for administrative monetary penalties (AMPs) of up to $1 million for...

Speaking Engagement
Mobile Content:

The Law Society of Upper Canada, seminar, “Tech-know-logy for Litigators-Paperless Trials and Computer File Security”

Oct. 13, 2016

Mobile Content:

Lexpert Special Edition: Finance and M&A

Mobile Content:

Lexpert Special Edition: Technology and Health Sciences

Mobile Content:

The Canadian Legal Lexpert Directory—Corporate Commercial Law; Data Protection and Privacy Law

Mobile Content:

The Best Lawyers in Canada—Corporate Law; Privacy and Data Security Law; Securities Law

Mobile Content:

Lexology Client Choice Awards USA & Canada (2013)—Mergers and Acquisitions for Ontario

Bar Admissions
Mobile Content:

Ontario, 1994

Education
Mobile Content:

University of Cambridge, LLM, 1993
University of Western Ontario, LLB (with Distinction), 1991

Board Memberships
Mobile Content:

Casey House, vice-chair (former chair)

Community Involvement
Mobile Content:

Ontario Securities Commission, Fintech Advisory Committee, former member

Teaching Engagements
Mobile Content:

Gillian was an adjunct professor at the University of Toronto Faculty of Law, where she taught the Legal Challenges of Digital Environments course as part of the Global Professional Master of Laws program in Innovation, Law and Technology.

“A phenomenally good lawyer. She can cut through verbiage and get to the heart of the issue.”
Client – Chambers Global 2015

Gillian advises on a broad range of acquisitions, financings and technology transactions. Public and private companies and private equity funds, in Canada and internationally, trust her to advise on their critical mergers, acquisitions and dispositions, and fund structuring. They value Gillian’s extensive technology knowledge and experience and, as one client noted, “incredibly solid knowledge of underlying law.” (Chambers Global 2014)

Gillian acts as general counsel for companies of all sizes and in various industries, in matters ranging from technology transactions to shareholder disputes and general corporate issues. She regularly advises on specialty technology matters, including CASL, outsourcing, e-commerce, online gaming, and on privacy issues ranging from devising comprehensive cybersecurity and privacy policies to advising on data breaches and global compliance programs. Her clients include both technology companies, from start-ups to established players, and non-technology clients who require expert advice on their technology and privacy matters.

Block Inc.

Acted for Block Inc., a U.S. fintech company, in its C$3-million investment in Indigenous Growth Fund, a government-backed loan fund for Indigenous entrepreneurs.

Points.com Inc.

Acting for Points.com Inc., the global leader in powering loyalty commerce, in its sale by plan of arrangement to Plusgrade Parent L.P. in an all-cash transaction valuing Points at US$385 million.

QuadFi

Acted for QuadFi, a Canadian mission-driven global fintech firm, in securing a US$100-million financing commitment from Crayhill Capital Management, a New York-based minority-owned private credit manager.

Atlas Holdings LLC

Acted as Canadian counsel to Atlas Holdings LLC in its acquisition of LSC Communications, Inc., a global leader in print and digital media solutions.

Square, Inc.

Acted as Canadian counsel to Square, Inc. in its acquisition of Dessa, a Toronto-based company building machine learning applications that address significant real-world challenges for all types of businesses.

Blue Wolf Capital Partners

Acted as Canadian counsel to Blue Wolf Capital Partners in the US$258-million sale to Conifex Timber Inc. of the Suwannee Sawmill in Florida and the Caddo River Sawmill in Arkansas. The purchase price for the sawmills was satisfied, in part, by the issuance of 9,898,461 million common shares of Conifex and 3,500,000 million warrants.

Canadian Imperial Bank of Commerce

Acted for Canadian Imperial Bank of Commerce (CIBC) in a mutual agreement with a grocery retailer regarding their long-running arrangement and the wind down of the retail on-line bank branded by that grocery retailer and provided by CIBC.

BMO Nesbitt Burns Inc. and TD Securities Inc.

Acted for BMO Nesbitt Burns Inc. and TD Securities Inc., as placement agents, and The Toronto-Dominion Bank and Bank of Montréal, as lenders, in connection with the private placement of $400 million aggregate principal amount of 3.310% Fixed Rate Senior Secured Notes due November 30, 2029 by, and the establishment of $33.5 million of credit facilities for, H2O Power Limited Partnership, a joint venture between Public Sector Pension Investment Board and BluEarth Renewables Inc., that owns and operates eight hydroelectric generating facilities in Ontario with a total installed capacity of approximately 142 MW. H2O Power Limited Partnership is the third largest provider of hydroelectric power in Ontario.

Atlas Holdings LLC

Acted for Atlas Holdings in connection with Atlas's acquisition of an 80% equity interest in Millar Western Forest Products and Atlas's exchange of high-yield notes for new secured high-yield notes as the supporting noteholder for Millar Western's US$210-million note exchange transaction. The note exchange transaction was implemented under a plan of arrangement under the Canada Business Corporations Act and, together with Atlas's subsequent equity investment by way of a debt for share exchange transaction, significantly reduced Millar Western's indebtedness and strengthened its financial position, enhancing its ability to respond to and capitalize on developments in the forest products industry.

HP Inc.

Acted as Canadian counsel to HP Inc., a world leader in printing, in connection with its US$1.05-billion acquisition of the printer business from Samsung Electronics Co., Ltd.

Bulletin

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...

Bulletin

Where Things Stand: Update on the Digital Charter Implementation Act, 2020

Dec. 22, 2020 - In our November 20 privacy update, we flagged key elements of Bill C-11, the Digital Charter Implementation Act, 2020, a bill that was introduced on November 17, 2020 by the Minister of Innovation, Science and Industry Navdeep Bains. Bill C-11 had one day of debate on second reading, on...

Bulletin

The Times They Are A Changin’ Canadian Privacy Law in the Private Sector

Sept. 18, 2020 - When privacy laws for the private sector were in their infancy in Canada, more than 20 years ago, there was no Internet of Things, Facebook was FaceMash and limited to the Harvard campus, and Google was a toddler. In 2020 there are on average 4 billion Google searches a day, Facebook has more than...

Guide

Davies Governance Insights 2018

Oct. 03, 2018 - Davies’ annual Governance Insights reports analyze the top governance trends and issues important to Canadian boards, senior management, in-house counsel and governance observers...

Bulletin

Suspension of Private Relief: CASL’s Private Right of Action Delayed

June 09, 2017 - Since its implementation in July 2014, Canada’s anti-spam law, or CASL, has continued to generate a fair amount of controversy due to its broad application and the availability of significant administrative monetary penalties. As we described in prior publications (The Other Shoe Drops: The...

Bulletin

The Other Shoe Drops: The Private Right of Action Under CASL

Apr. 26, 2017 - The bulk of Canada’s anti-spam law, known colloquially as CASL, came into force on July 1, 2014. CASL sets out strict rules for a variety of online behaviours and is considered the strictest anti-spam law in the world, providing for administrative monetary penalties (AMPs) of up to $1 million for...

Speaking Engagement

The Law Society of Upper Canada, seminar, “Tech-know-logy for Litigators-Paperless Trials and Computer File Security”

Oct. 13, 2016

Lexpert Special Edition: Finance and M&A

Lexpert Special Edition: Technology and Health Sciences

The Canadian Legal Lexpert Directory—Corporate Commercial Law; Data Protection and Privacy Law

The Best Lawyers in Canada—Corporate Law; Privacy and Data Security Law; Securities Law

Lexology Client Choice Awards USA & Canada (2013)—Mergers and Acquisitions for Ontario

Bar Admissions

Ontario, 1994

Education

University of Cambridge, LLM, 1993
University of Western Ontario, LLB (with Distinction), 1991

Board Memberships

Casey House, vice-chair (former chair)

Community Involvement

Ontario Securities Commission, Fintech Advisory Committee, former member

Teaching Engagements

Gillian was an adjunct professor at the University of Toronto Faculty of Law, where she taught the Legal Challenges of Digital Environments course as part of the Global Professional Master of Laws program in Innovation, Law and Technology.