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2019
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LEXPERT 9
Castiglio, Gabriel Fasken Martineau DuMoulin LLP
(514) 397-7499 gcastiglio@fasken.com
Mr. Castiglio specializes in business law, more specifically in mergers &
acquisitions of private and public corporations, securities, and corporate
governance. Large public and private corporations trust him to handle
complex purchase, sale, financing and restructuring transactions of
companies in Canada and internationally.
Castiel, Peter Stikeman Elliott LLP
(514) 397-3272 pcastiel@stikeman.com
Mr. Castiel is a partner in the Corporate Group and a member of the firm's
Partnership Board and Executive Committee. His practice primarily focuses
on cross-border mergers & acquisitions. He has extensive expertise in
advising private equity funds, sovereign wealth funds and leading public
and private companies in connection with acquisitions, divestitures
and investments.
Carfagnini, Jay A. Goodmans LLP
(416) 597-4107 jcarfagnini@goodmans.ca
Mr. Carfagnini heads Goodmans' Corporate Restructuring Group. He has
particular expertise in corporate reorganizations and transactions involving
Canada, the US and UK. Best Lawyers in Canada named him Toronto
Insolvency & Financial Restructuring Lawyer of the Year in 2011 and 2019.
He is recognized as one of the top 30 insolvency/restructuring lawyers
worldwide by Euromoney's Best of the Best.
Carelli, Robert Stikeman Elliott LLP
(514) 397-2408 rcarelli@stikeman.com
Mr. Carelli is a partner in the Securities Group and Head of the Montréal
office's Corporate Group. His practice is focused primarily in the areas of
securities, capital markets, public and private mergers & acquisitions and
governance. He advises issuers and underwriters on public offerings and
private placements, boards of directors and private equity funds.
Burkett, Michael Stikeman Elliott LLP
(416) 869-5675 mburkett@stikeman.com
Mr. Burkett is a partner in the Mergers & Acquisitions Group whose practice
focuses on advising public and private companies and private equity
investors on complex domestic and cross-border mergers & acquisition
transactions, divestitures, going-private transactions, as well as public
company governance and compliance issues.
Breen, Elizabeth Stikeman Elliott LLP
(416) 869-5267 ebreen@stikeman.com
Ms. Breen is a partner in the Mergers & Acquisitions, Capital Markets,
Banking & Finance and Private Equity Groups. Her practice focuses on
mergers & acquisitions, debt and equity financings, and other major
transactions. She has acted for a significant number of foreign investors
in respect of their Canadian strategic objectives.
LEXPERT-RANKED LAWYERS
ing the change of governments with the latter and
the punitive US tariffs impacting the former, were
critical constituents in a resolution which resulted
in the salvation of one of two major remaining steel
producers in Canada and the City and people of
Sault Ste Marie."
McMillan LLP added, "As counsel to exit lend-
ers we needed to provide the lenders comfort that
all restructuring efforts made by Algoma and Buy-
er work for exit lenders and provided appropriate
structuring advice."
Torys, with a team led by Tony DeMarinis and
including David Bish (Restructuring ), and Patri-
cia Jackson, Andrew Gray, and Jeremy Opolsky
(Litigation), acted for Essar Group of companies,
headed by Essar Global Fund Limited and man-
aged by Essar Capital Americas, Limited, as the
sole owner/shareholder of, and provider of key ser-
vices to, Essar Steel Algoma Inc. in its restructuring
proceedings under the CCAA and Chapter 15 of
the US Bankruptcy Code.
4
Teck Resources Limited ("Teck"),
closed the sale of its two-thirds
interest in the Waneta Dam
in British Columbia to BC Hydro
for $1.2 billion cash
As of July 26, 2018, according to Teck's press re-
lease: "Teck will record an aer-tax gain of approxi-
mately $820 million as a result of the sale, with no
cash tax payable on the proceeds.
"As part of the sale, Teck Metals Ltd. ('Teck Met-
als') holds a 20-year lease to use the two-thirds in-
terest in Waneta to produce power for its industrial
operations in Trail. Annual payments will begin at
approximately $75 million per year and escalate at
2% per annum, equivalent to an initial power price
of $40/MWh based on 1,880 GWh of energy per
annum. Teck Metals has an option to extend the
lease for a further 10 years at comparable rates."
Teck was represented in-house by Peter Rozee
(Senior VP, Commercial and Legal Affairs), Nick
Uzelac (Corporate Counsel) and Doug Pow-
rie (tax), and was assisted by a team from Fasken
Martineau DuMoulin LLP led by Ron Ezekiel,
and comprised of Kai Alderson, Steven Catania
and Sarah Martin (M&A/Energy), Chris Sharpe
(Real Property), Don Dalik (Competition), Brent
Lewis (Financing ), David Both (Regulatory) and
Michael Coburn and Hardeep Gill (Tax). Pamela
Anderson (Energy), Michael Carr (Corporate)
and Jeff Wyszynski (Real Property) of Perkins
Coie LLP also assisted with respect to certain US
legal matters.
