Jim gets results for clients because of his keen business sense and deep knowledge of complex regulatory requirements.
Leading companies in Canada and abroad turn to Jim for their most critical regulatory and investigative matters. He advises on mergers, cartel and abuse of dominance investigations, foreign investment review, broadcasting and telecommunications law, and misleading advertising matters. Clients across a wide range of industries – including pharmaceutical, telecommunications, natural resources, consumer products, financial services and retail – trust Jim to focus on the most important issues in their transactions.
Jim writes widely on competition law matters and is a frequent contributor to industry publications.
Association of Chartered Certified Accountants
Acted as co-counsel for the Association of Chartered Certified Accountants in respect of trade-mark claims and anti-trust allegations against provincial Chartered Accountants Institutes in the Federal Court.
Acted for McKesson Corporation, a leading international healthcare services and information technology company, in connection with its $3-billion acquisition of Rexall and Rexall Pharma Plus, which operate approximately 470 pharmacies in Canada, from Katz Group, one of Canada's largest privately owned enterprises.
Apollo Global Management LLC
Acted as Canadian counsel to Apollo Global Management LLC on competition and regulatory matters in connection with Apollo's US$7-billion acquisition of electronic security company ADT Corp.
Shaw Communications Inc.
Acted for Shaw Communications Inc. in connection with its sale of Shaw Media Inc. to Corus Entertainment Inc. for $2.65 billion. Shaw Media is the owner of the Global Television Network and 19 specialty channels including HGTV Canada, Food Network Canada and Showcase. Davies acted for Shaw in 2010 on the purchase of these assets from CanWest Global Communications for $2 billion. The proceeds from this sale were used to finance Shaw's acquisition of WIND Mobile for $1.6 billion. Davies acted for WIND Mobile.
Acted as Canadian counsel to Pfizer Inc. on competition and regulatory matters in connection with Pfizer's proposed US$160-billion acquisition of Allergan Plc.
Teva Pharmaceutical Industries Ltd.
Acted as Canadian counsel to Teva Pharmaceutical Industries Ltd. on competition and regulatory matters in connection with Teva's US$40.5-billion acquisition of Allergan Plc's generic pharmaceuticals business.
Barrick Gold Corporation
Acted for Barrick Gold Corporation in connection with its $1.005-billion sale of a 50% interest in the Zaldívar copper mine in Chile to Chile-based Antofagasta Plc and related joint venture arrangements.
Acted for Fortis Inc. and Fortis Properties Corporation (FPC) in connection with the sale by FPC of its hotel portfolio to a private investor group for $365 million. The hotel portfolio is comprised of 22 hotels located in seven Canadian provinces.
Acted for Fortis Inc. (Fortis) and Fortis Properties Corporation (FPC) in connection with the sale by FPC of its commercial real estate portfolio to Slate Office REIT for $430 million. The portfolio comprises 2.8 million square feet of leasable space located in Newfoundland, New Brunswick and Nova Scotia and includes the Delta Brunswick hotel in Saint John. Davies also acted for Fortis in connection with its related $35 million investment in trust units of Slate Office REIT.
Alfa S.A.B. de C.V.
Acted for Alfa S.A.B. de C.V. in connection with its proposed acquisition, with Harbour Energy Ltd., of all of the outstanding common shares of Pacific Rubiales Energy Corp. for an all-cash purchase price of approximately $1.7 billion, plus the assumption of approximately $5 billion in debt. The acquisition was structured as a plan of arrangement under the Business Corporations Act (British Columbia).
Barrick Gold Announces Strategic Divestiture and Partnership with Shandong Gold
Apr. 07, 2017 - Davies is acting for Barrick Gold Corporation in its transaction with Shandong Gold that includes 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 negotiation of...
Barrick Gold Announces Three-Way Transaction with Goldcorp and Kinross
Apr. 07, 2017 - Davies is acting for Barrick Gold in its recently announced, highly complex three-way transaction with Goldcorp and Kinross Gold. This transaction involved Barrick’s sale of its 25% stake in the Cerro Casale Project to Goldcorp and Goldcorp’s acquisition of Kinross’s entire 25% interest in the...
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...
Investment Canada Act: Guide for Foreign Investors in Canada, 2016 Edition
June 08, 2016 - The regulatory landscape for foreign investments in Canada is constantly evolving. As a regular adviser on matters relating to the ICA, Davies has updated this informative guide for foreign investors and their advisers, which provides an overview of the ICA and how it is applied. Topics addressed...
Investment Canada Act: Guide for Foreign Investors in Canada, 2016 Edition (Chinese)
June 08, 2016 - Download our guide.
McKesson Enters into Agreement to Acquire Rexall for $3 Billion
Mar. 02, 2016 - Davies is acting for McKesson Corporation, a leading international healthcare services and information technology company, in connection with its $3-billion acquisition of Rexall and Rexall Pharma Plus, which operate approximately 470 pharmacies in Canada, from Katz Group, one of Canada’s...
Top Competition and Foreign Investment Review Trends and Issues for 2016
Jan. 18, 2016 - In our annual forecast of the year ahead for Canadian competition and foreign investment review law, we evaluate how developments in 2015 will influence these areas of the law in 2016. Our top issues and trends to watch for this year include the following: The impact of the new federal...
Shaw Communications Enters into Agreement to Sell Shaw Media to Corus Entertainment
Jan. 13, 2016 - Davies is acting 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 positions Shaw as a...
Competition Tribunal Dismisses Refusal to Deal Application Against CarProof, AutoTrader and Kijiji
Jan. 06, 2016 - On January 4, 2016, the Canadian Competition Tribunal publicly released its decision dismissing Audatex Canada ULC’s application for leave to bring a refusal to deal application under the Competition Act against CarProof Corporation, Trader Corporation and Marktplaats BV. Audatex wanted the ...
Barrick Enters into an Agreement to Sell 50 Percent of Zaldívar Mine to Antofagasta Plc
July 31, 2015 - Davies is acting for Barrick Gold Corporation in connection with its $1. 005-billion sale of a 50% interest in the Zaldívar copper mine in Chile to Chile-based Antofagasta Plc. With this agreement, Barrick is forming a new joint venture partnership with Antofagasta, one of the world’s leading...