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.
Issue link: https://digital.carswellmedia.com/i/1518995
34 www.lexpert.ca Canadian Law Awards Romano, assisted Sagicor, while Torys, led by Guy Berman and Justin Crawford, acted for ivari. e final mid-market deal recognized as an Excellence Awardee is Skyservice's invest- ment in Fontainebleau Aviation's fixed-based operator at Miami Opa-Locka Executive Airport. McCarthy Tétrault, led by part- ners Jake Irwin and Jonathan See, acted as legal counsel to Skyservice. On December 20, Skyservice, an affiliate of Instar Asset Management, completed its investment in Fontainebleau Aviation's fixed-based operator (FBO) at Miami Opa-Locka Executive Airport (OPF). e Fontainebleau Aviation FBO at OPF is located near downtown Miami and provides premier services for business avia- tion travellers with approximately 350,000 square feet of hangar space, an executive terminal, and office facilities. Skyservice is at the forefront of the business aviation industry, with best-in-class facilities across North America. e company has been expanding in the US since 2021 and now has a presence at 12 airports. Negotiating an essential infrastructure platform's combination with an iconic luxury brand required a multidisciplinary legal framework and a collaborative approach, including leveraging intel- lectual property and financial ser vices expertise. This will allow Skyser vice and Fontainebleau Aviation to seize an expanded share of the private jet market. The novel infrastructure platform estab- lished positions the partnership as an industry leader in an era of rapid growth in business aviation. In addition, a frame- work was developed for the ongoing oper- ation of OPF. Linamar's acquisition of Mobex Global's propulsion-agnostic business Aird & Berlis LLP (for Linamar Corporation) Sagicor Financial Company Ltd.'s acquisition of ivari Stikeman Elliott LLP (for Sagicor) Torys LLP (for ivari) Skyservice's investment in Fontainebleau Aviation's fixed-based operator at Miami Opa-Locka Executive Airport McCarthy Tétrault LLP (for Skyservice) Wonderfi, Coinsquare, and CoinSmart business combination Cassels Brock & Blackwell LLP (for WonderFi) Goodmans LLP (for Coinsquare) Wildeboer Dellelce LLP (for CoinSmart) negotiating an acquisition in the middle of a comprehensive update to LICAT alongside comprehensive changes to the accounting treatment of life insurance companies under IFR S. This transac- tion also involved one of the first uses of representation and warranty insurance in acquiring a Canadian life insurance company. This acquisition involved numerous parties, as Sagicor is headquartered in Barbados, listed on the TSX, and oper- ates in the United States, Latin America, and the Caribbean regions. Stikeman Elliott, led by partner Simon CANADIAN LAW FIRM INVOLVEMENT (CLIENT) MID-MARKET THREE CANADIAN COMPANIES ... ENDED THEIR MONTHS-LONG HEATED EXCHANGE AND COMBINED TO FORM THE COUNTRY'S LARGEST CRYPTO ASSET TRADING ECOSYSTEMS as an Excellence Awardee. The deal was initially announced on September 21st for Linamar Structures USA to acquire a substantial portion of Mobex Fourth and 1, LLC's US-based assets for US$64 million. Mobex is a Tier 1 supplier of automotive components. The assets acquired consist of manufacturing opera- tions for propulsion-agnostic chassis and suspension modules and components, such as steering knuckles, control arms, and subframes. The Mobex facilities will be integrated into Linamar's growing Structures Group. Aird & Berlis LLP acted as legal counsel to Linamar with a team led by Mark van Zandvoort. The third Excellence Awardee in the mid-market category is the acquisition of ivari by Sagicor Financial Company. The deal, which closed last October, is valued at $375 million and is precedent setting in the insurance sector. This deal marked one of the first instances of a Canadian life insurance provider being acquired by a Caribbean- based provider. In addition, before this transaction, there was no precedent for