LEXPERT MAGAZINE
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NOVEMBER/DECEMBER 2016 21
INDUSTRY ANALYSIS
|
CORPORATE TRANSACTIONS OF IMPORTANCE
|
4
Metals & Mining
3
Oil & Gas
Oil & Gas Oil & Gas Oil & Gas
2
Retail
2
Financials
Consumer Services Energy & Power Pipelines
Aerospace & Defence Automotive Materials
Utilities Financials Health
Media & Entertainment Recreation & Leisure Advertising
TRANSACTION VITALS
ANNOUNCED: 7/6/2016
CLOSED: 8/18/2016
TECHNIQUE: DIVESTITURE
ATTITUDE: FRIENDLY DOMESTIC ACQUIRER
SOUGHT: 100%
LELAND CORBETT
STIKEMAN ELLIOTT LLP
CALGARY
(FOR SEVEN GENERATIONS
ENERGY)
KEVIN JOHNSON
NORTON ROSE FULBRIGHT
CANADA LLP
CALGARY
(FOR PARAMOUNT RESOURCES)
and including James Rubens, Eric Johnson, Vincent Cangolosi, Illi-
ana Ivanova, Rachel Fitzgerald and Derek Speck (capital markets and
M&A), Buddy Sanders, Mitch Tiras and Jaremi Chilton (tax), Ed-
ward Razim (employment) and Gerald Pels, Julia Rinne Pabon and
Andrew Davitt (environmental).
Latham & Watkins LLP acted as lead US legal counsel for Old
Waste Connections in connection with certain financing matters,
including the note financing and credit financing, with a Houston-
based team led by partner Craig Kornreich, and including associates
Matthew Jones, Mitchell McClellan, Samantha Chen, Joshua Pelfrey
and Pamela Kellet. Advice was also provided on tax matters by New
York partner Jocelyn Noll and Washington, DC, partner Adam Kes-
tenbaum with New York associate Bora Bozkurt; on corporate mat-
ters by New York partners Courtenay Myers Lima, Carlos Alvarez
and Steven Betensky with Washington, DC, associate Brett Acker-
man; on compliance matters by Washington, DC, partner Eric Volk-
man; and on environmental matters by Los Angeles counsel Aron
Potash with Houston associate Alicia Handy.
Separately, Latham & Watkins LLP also acted for Old Waste
Connections as legal counsel in relation to certain US antitrust mat-
ters, including antitrust advice and Hart-Scott-Rodino Act clearance
in connection with the Merger, with a Washington, DC, team led by
partners Tad Lipsky and Jason Cruise with counsels Sydney Smith
and Farrell Malone and associate Gabrielle Kohlmeier.
Progressive Waste was represented by its in-house legal team led by
Loreto Grimaldi (Executive Vice President, Chief Legal Counsel and
Secretary), and including Alim Lalani (Associate General Counsel).
Stikeman Elliott LLP acted as lead Canadian legal counsel to Pro-
gressive Waste with a team led by John Ciardullo and Mario Paura,
and including J.R. Laffin, Robert La Rosa, Christian Brands and
Logan Copen (capital markets and M&A), Lorna Cuthbert (employ-
ment), John Lorito and Lindsay Gwyer (tax), and Paul Collins and
Michael Laskey (competition).
Weil, Gotshal & Manges LLP acted as lead US legal counsel to
Progressive Waste with a team led by Michael Aiello and Matthew
Gilroy, and including Eoghan Keenan, Giancarlo Ruscio, Jona-
than Calka, Maxwell Copelan, Adam Borenstein and Grace Smith
(M&A), Jared Rusman and Mark Dundon (tax), Paul Wessel and
Amanda Rosenblum (compensation & benefits), Lawrence Baer (em-
ployment), John Scribner and Rob Meyer (competition), Annemarga-
ret Connolly and omas Goslin (environmental), and Jeffrey Oster-
man, Caroline Geiger and Daniel Cohl (IP).
Goulston & Storrs PC acted as lead legal counsel for Bank of
America, N.A. in connection with the credit financing matters, with
a team led by Pamela MacKenzie and including David Coombs, John
Grumbacher, Jesse Rubinstein, Nicole Moniz and Casey Milianta.
McCarthy Tétrault LLP acted as local Canadian legal counsel to
Bank of America, N.A., with a team led by Justin Lapedus, and in-
cluding D.J. Lynde, Damilola Katibi and Lisa Timmins.
Chapman and Cutler LLP represented the institutional purchas-
ers of US$750 million in private placement notes, with a team that in-
cluded James Nelson, Stacy Pike and John Lulay (corporate finance)
and Paul Carman (tax). Chapman also represented existing institu-
tional holders of US$825 million in private-placement notes of Old
Waste Connections that were assumed by New Waste Connections
in conjunction with the Merger.
Oil & Gas Oil & Gas Oil & Gas
PARAMOUNT RESOURCES SELLS DEEP BASIN
ASSETS TO SEVEN GENERATIONS ENERGY
On August 18, 2016, Paramount Resources Ltd. ("Paramount")
completed the sale of oil and gas assets in the Musreau/Kakwa area
