Lexpert magazine features articles and columns on developments in legal practice management, deals and lawsuits of interest in Canada, the law and business issues of interest to legal professionals and businesses that purchase legal services.
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www.lexpert.ca 47 STRENGTH IN EXPERIENCE Our title insurance experts help you close real estate deals efficiently and confidently. To learn more, call (888) 667-5151 or visit stewart.ca. © 2020 Stewart. All rights reserved. See policies for full terms and conditions. $50,000,000 WINERY Recently Closed. Covered by Stewart. STG_Lexpert-basebar_strengh in experience_v1_Sept.indd 1 STG_Lexpert-basebar_strengh in experience_v1_Sept.indd 1 2020-08-10 8:46 AM 2020-08-10 8:46 AM structure investment platform of Colony Capital, Inc., and a leading investor, owner and operator of companies enabling the next generation of mobile and Internet connec- tivity, acquired Beanfield Technologies Inc. (Beanfield), an independent bandwidth infrastructure provider serving the enterprise, carrier and multi-dwelling unit markets in To- ronto and Montreal through its owned fibre network. e move allows Digital Colony to increase Its fibre footprint in Canada's two lar- gest metropolitan areas. e acquisition was partially financed through loans made under credit facilities ar- ranged by affiliates of TD Securities (USA) LLC, Royal Bank of Canada and SunTrust Bank (collectively, the Joint Lead Arrangers). Digital Colony's legal team was led by GC and managing director Geoffrey Goldschein. Davies Ward Phillips & Vineberg LLP acted as lead counsel to Digital Colony, with a team comprising Steven Levin, Cameron Rusaw, Gilles Comeau, Nir Servatka, Stuart Berger and Mathieu Taschereau (Corpor- ate/M&A); Derek Vesey, Dan Wolfensohn and Ha Nguyen (Banking); Paul Lamarre and Andrew Ellis (Tax); Elisa Kearney (Regulatory); and Mark Firman and Rachel Lee (Labour & Employment). Jones Day LLP acted as counsel to Digital Colony in the United States regarding the financing, with a team comprising Sheel Patel and Elizabeth Mead (Banking). DLA Piper (Canada) LLP acted as coun- sel to Beanfield, with a team comprising Rus- sel Drew, Sydney Kert and Mackenzie Clark (Corporate/M&A); Kevin Fritz (Tax); Mi- chael Richards and Ryan Campbell (Labour & Employment); Catherine Pawluch (Regu- latory); and Derek Bell (Litigation). Paul Hastings LLP acted as counsel to the Joint Lead Arrangers in the United States, with a team comprising Randal Palach, Seth Chandler, Maciej Zielnik and Tess Peterson (Banking). Blake Cassels & Graydon LLP acted as counsel to the Joint Lead Arrangers in Canada, with a team comprising Michael Matheson, Neil Katz, Charles McRoberts, Gabriel Bastien and Kerri Marks (Banking). Decentral Inc. GC Bram Abramson acted as outside regulatory advisor to Digital Colony. Firm(s): Davies Ward Phillips & Vineberg LLP, Blake Cassels & Graydon LLP. MOBILINX HURONTARIO GENERAL PARTNERSHIP AS A SUCCESSFUL PROPONENT FOR THE $4.6-BILLION HURONTARIO LRT PROJECT CLOSE DATE: OCT. 21, 2019 On Oct. 21, 2019, Mobilinx Hurontario Gen- eral Partnership entered into an agreement with Infrastructure Ontario and Metrolinx to design, build, finance, operate and main- tain the new Hurontario light rail transit (LRT) project in the Toronto region. e contract is worth approximately $4.6 billion, to be paid over its greater than 30-year term. Mobilinx is an integrated consortium of local and global firms that specialize in the delivery of infrastructure projects. e consortium is comprised of Astaldi Canada Enterprises Inc., Transdev North America Inc., Amico Con- cessions Inc., John Laing Investments Lim- ited, Ansaldo STS S.p.A., Hitachi Rail STS S.p.A., Salini Impregilo Canada Holding Inc., IBI Group Professional Services (Canada) Inc., Morrison Hershfield, National Bank and HSBC for the Project. Mobilinx estimates that approximately 800 jobs will be created at the peak of construction. Mobilinx anticipates completion of the LRT in Fall 2024. e Hurontario LRT is a new 18-km light rail transit line running along Hurontario Street from Port Credit GO station in Missis- sauga to the Brampton Gateway Terminal in southern Brampton and along Rathburn Road in Mississauga. Osler Hoskin & Harcourt LLP acted for Mobilinx in connection with its winning bid for the Project with a team led by Tobor Emakpor (commercial) and Chris Bennett (financial services) and consisting of