32 LEXPERT
|
2016
|
WWW.LEXPERT.CA
Pillon, Elizabeth Stikeman Elliott LLP
(416) 869-5623 lpillon@stikeman.com
Ms. Pillon is a partner in the Toronto office. She is a partner in the Litigation
Group and head of the firm's Toronto Insolvency and Restructuring Group.
Ms. Pillon represents debtors, monitors, receivers, creditors and purchasers
of distressed assets, appearing before the Ontario, Quebéc, Alberta, British
Columbia, Manitoba, New Brunswick and Nova Scotia courts.
Phillips, David F. Bennett Jones LLP
(403) 298-3031 phillipsd@bennettjones.com
Mr. Phillips has over 30 years of experience on corporate finance, mergers
& acquisitions and securities law matters. He was the lead lawyer on
financings that collectively raised more than $10 billion, including in 1997
on the then largest initial public offering in Canadian history, and is a lecturer
for and graduate of the Directors Education Program of the Institute
of Corporate Directors.
Perry, QC, F. Brent Felesky Flynn LLP
(403) 260-3306 bperry@felesky.com
Mr. Perry's practice covers a broad spectrum of business and personal tax
planning, with a particular focus on financings, mergers and acquisitions,
divestitures, corporate and trust structuring and international tax planning.
He has authored papers and taught seminars for many groups including CICA,
ICA, CTF, CBA, CPTS, TEI and sessional lecturer at the University of Alberta.
Pennycook, Carol D. Davies Ward Phillips
& Vineberg LLP (416) 863-5546 cpennycook@dwpv.com
Ms. Pennycook focuses on corporate and structured finance, M&A, P3s
and reorganizations. Represents borrowers, arrangers, lenders/syndicates
in project and infrastructure financings, debt offerings, structured financings
and derivative transactions.
Paré, Robert Fasken Martineau DuMoulin LLP
(514) 397-7517 rpare@fasken.com
Mr. Paré has a national and international corporate/commercial practice
focusing on corporate law, M&A, governance matters and securities law.
Recognized as one of Canada's most distinguished business lawyers
by Lexpert® and Chambers Global.
Orzy, S. Richard Bennett Jones LLP
(416) 777-5737 orzyr@bennettjones.com
Co-leader of Restructuring Practice. Has a prominent role in many major
Canadian and cross-border restructurings/insolvencies. Clients include
bondholders, private equity, large debtors, landlords, financial institutions,
insurers and court officers. Highly rated by all major international
and Canadian lawyer rating services. Many charitable and not-for-profit
involvements. MBA and JD degrees.
LEXPERT RANKED LAWYERS
LEXPERT: is deal was about getting that elusive rec-
ognition as a "pure play." By unloading its properties,
Fortis could refocus on utilities. And by bulking up on
office assets, Slate, which used to be called FAM REIT,
could cement its status as a specialty office REIT. So
who made the first move?
Jim Reid (Davies Ward Phillips & Vineberg LLP, for For-
tis): It started with Fortis announcing in September
2014 that it was going to conduct a strategic review of
the hotel and commercial real estate business owned
by its subsidiary, Fortis Properties. All options were
on the table, including a sale of shares or assets or
an IPO. Incoming CEO Barry Perry was focused on
building on the strength of Fortis's core business in
regulated electric and gas utilities. Owning and oper-
ating a real estate portfolio no longer fit with the busi-
ness strategy.
Executing
the Pure Play
ONE COMPANY'S TREASURE IS
ANOTHER COMPANY'S "NON-CORE
ASSET." INTERVIEW BY DAVID DIAS
Investors love focus. That was the idea behind
the sale of an office real estate portfolio by For-
tis Inc., an energy utility. Slate Office
REIT, which
had renamed itself to focus on offices, was of a
similar mind when they decided to buy.
ON THE DEAL
PHOTO:
SHUTTERSTOCK
From the pages
of Lexpert magazine
