WWW.LEXPERT.CA
|
2016
|
LEXPERT 31
Phillips, David F. Bennett Jones LLP
(403) 298-3031 phillipsd@bennettjones.com
Mr. Phillips has over 30 years of experience advising corporations and
underwriters on corporate finance, M&A and securities law matters. He was
the lead lawyer on financings that collectively raised more than $10 billion,
including 1997's largest initial public offering in Canadian history. He is a
lecturer for and graduate of the Directors Education Program of the Institute
of Corporate Directors.
Perry, Chrysten E. Stikeman Elliott LLP
(403) 266-9010 cperry@stikeman.com
Ms. Perry is co-head of Stikeman Elliott's Energy Group. She frequently
acts on complex acquisitions and divestitures of oil and gas assets,
project development, joint ventures, restructurings and asset monetization
transactions. She also has experience in the development and sale/purchase
of pipelines, and processing/other upstream facilities.
Pennycook, Carol D. Davies Ward Phillips
& Vineberg LLP (416) 863-5546 cpennycook@dwpv.com
Ms. Pennycook focuses on syndicated loan transactions, infrastructure
and project financings, P3s, reorganizations, debt and equity offerings,
M&A and property development joint ventures in a variety of industries,
including energy.
Palm, W. Ian Gowling WLG
(416) 369-7332 ian.palm@gowlingwlg.com
Mr. Palm practises corporate finance, M&A and private-equity law focused
on the energy and technology sectors. His domestic and international public-
and private-sector clients include pension funds, private-equity groups,
issuers and underwriters.
Palin, Joseph Dentons Canada LLP
(403) 268-7307 joe.palin@dentons.com
Mr. Palin's domestic and international financing practice includes experience
in the oil & gas, oil & gas service and pipeline and power project sectors.
His clients include lenders, syndicates and debtors. He also acts on
restructuring transactions.
Osler, William S. Bennett Jones LLP
(403) 298-3426 oslerw@bennettjones.com
Mr. Osler's practice includes securities law and M&A, commercial
transactions and corporate governance, with a particular focus on the energy
sector. Has significant experience in IPOs and other public offerings for
issuers and underwriters, as well as Canadian and international take-over
bids and plans of arrangement, corporate reorganizations, divestitures,
joint ventures and partnerships.
LEXPERT-RANKED LAWYERS
of an M&A deal of this nature regarding the pace and
outcomes of deal negotiations.
As is not uncommon, the parties at times found
themselves moving apart during deal negotiations, then
finding "breakthroughs" that accelerated transaction
timelines, and irrespective of this cadence on the M&A
side of the transaction, the financing plan had to adapt
to such changes and be ready when needed to allow the
parties to execute.
LEXPERT: Being a part of one of the largest such financ-
ings in Canadian history, what have you learned that
you can apply to the next big finance deal?
Deal Team: e internal legal team at TransCanada
observed that you can't fully anticipate how a multi-
faceted deal of this nature will unfold and noted that,
as an issuer, you can never be too prepared. TransCan-
ada does financings on an opportunistic basis so they
have things like a financing diligence data site ready
to go on an "evergreen basis." ... ey also highlighted
the value of a well-coordinated internal team. Transac-
tions of this nature draw in a variety of players including
members of the legal, finance, tax and investor-relations
teams — dedicated people who understand the big pic-
ture and value effective communication.
Blakes echoed the comment regarding the critical
importance of clear and regular communications, not-
ing that acquisition-related financings demand careful
planning and integration of the M&A advisory team
and the financing advisory team, as the former can oen
involve an unpredictable timeline. ... Ultimately, if the
M&A begins to solidify, it is essential that the financing
structure be implementable, and so regular deal team
updates, careful timeline management and the ability
to deal effectively with emergent issues is critical.
(For a full list of legal advisors, visit lexpert.ca.)
PHOTO:
SHUTTERSTOCK
