12 LEXPERT
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2017
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WWW.LEXPERT.CA
Cruickshank, QC, Richard H. Dentons Canada LLP
(780) 423-7270 rick.cruickshank@dentons.com
Mr. Cruickshank's practice, primarily focused in the tax area, includes providing
strategic counsel to a number of corporations and institutions and their
respective boards and executives. His areas of expertise include estate and
succession planning, charities/not-for-profits tax, M&A, pensions, executive
and employee stock-based compensation plans, business structures
and wealth management.
Crane, QC, Brian A. Gowling WLG
(613) 786-0107 brian.crane@gowlingwlg.com
Mr. Crane practises in constitutional, administrative and public law, and
Aboriginal law. He appears as counsel before the SCC, the Federal Court and
the Ontario courts. He has worked on negotiation of native land claims
and self-government agreements, and in arbitration and mediation.
Craig, Gordon M. Lawson Lundell LLP
(604) 631-9155 gcraig@lawsonlundell.com
Mr. Craig's practice focuses on the energy sector in Western Canada. He
represents major electric utilities, and an active power marketer, in connection
with a range of commercial transactions. He has negotiated contracts related
to electricity, and represented project developers with respect to electricity
projects, including a gas-fired cogen plant and a run-of-river project.
Corley, Richard F.D. Goodmans LLP
(416) 597-4197 rcorley@goodmans.ca
Mr. Corley leads Goodmans's Cleantech Group and Outsourcing Group. He has
over 25 years of experience assisting clients to successfully complete complex
M&A and commercial transactions in renewables, cleantech and IT. He was
named a member of Canada's 2016 Clean50, is a director of the Canadian
Institute for Exponential Growth, and is a member of the Canadian Solar
Industries Association.
Corbett, Leland P. Stikeman Elliott LLP
(403) 266-9046 lcorbett@stikeman.com
Mr. Corbett is Managing Partner of Stikeman Elliott's Calgary office. His practice
focuses on corporate-commercial matters where he acts in public and private
capital markets transactions, including corporate and investment banking, share
and asset acquisitions and dispositions, securities transactions and other M&A
activity. He also acts in corporate reorganizations, restructurings and spin-offs.
Comeau, Mary E. Norton Rose Fulbright Canada LLP
(403) 267-8156 mary.comeau@nortonrosefulbright.com
Ms. Comeau practises in the area of dispute resolution, focusing on corporate-
commercial and securities law, oil and gas, and electricity. She is Calgary chair
of our litigation group and currently a director of the ADR Institute of Canada, Inc.
and the Canadian Branch of the International Centre for Dispute Resolution.
LEXPERT-RANKED LAWYERS
PHOTO:
SHUTTERSTOCK
decisions and the response of the AER, Nixon says
potential acquirers have a heightened sensitivity to the
LMR and to obtaining a licence if they are a new en-
trant into Alberta's oil and gas patch.
Nixon says a number of potential asset acquisitions
have been delayed or scuttled by reason of the financial
security that would potentially be required to be depos-
ited with the AER. International investors have, in par-
ticular, been discouraged by the uncertainties.
Business strategy has also shied as a result of Red-
water. Nixon says that "where the owner of the assets
is not in strong financial position, secured lenders and
potential asset acquirers may be better served to await
the bankruptcy of the owner of the assets to be able to
'cherry-pick' the better assets without the financial det-
riment of the less desirable assets that are overburdened
by asset retirement obligations." is "cherry-picking"
ultimately means more wells will end up in the orphan
well fund.
A further consequence of the AER requirements for
higher LMRs, adds Nixon, is to advantage the larger
"[The conflict between environmental
regulation and insolvency law]
has been described by the courts
as 'messy' but the decisions consistently
support the paramountcy of Canada's
insolvency laws, regardless of
the extent of environmental risk."
- Alexandria Pike,
Davies Ward Phillips & Vineberg LLP
"
