Lexpert Special Editions

Special Edition on Litigation 2017

The Lexpert Special Editions profiles selected Lexpert-ranked lawyers whose focus is in Corporate, Infrastructure, Energy and Litigation law and relevant practices. It also includes feature articles on legal aspects of Canadian business issues.

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34 LEXPERT | 2017 | WWW.LEXPERT.CA Riendeau, Alain Fasken Martineau DuMoulin LLP (514) 397-7678 ariendeau@fasken.com Mr. Riendeau practises mainly in the areas of bankruptcy, insolvency, and commercial and corporate litigation. He has been involved in many complex financial disputes and in most of the large restructurings that have taken place in Québec over the last few years, acting on behalf of important corporations in their recovery under the Companies' Creditors Arrangement Act. Ranking, Gerald L.R. Fasken Martineau DuMoulin LLP (416) 865-4419 granking@fasken.com Mr. Ranking is recognized as a leading litigator whose practice focuses on all aspects of civil, administrative and commercial litigation, with a particular emphasis on professional negligence, pensions, cross-border issues, shareholder rights, banking, insurance, product liability and employment matters. He is regularly called upon to advise major Canadian insurance and public companies. Radomski, Harry B. Goodmans LLP (416) 597-4142 hradomski@goodmans.ca Mr. Radomski heads Goodmans' IP Litigation Group. His national litigation practice focuses on IP law before courts and tribunals. He has appeared before the SCC on leading patent and trademark issues and is recognized for proceedings under the Patented Medicines (Notice of Compliance) Regulations for generic clients. Pratte, Guy J. Borden Ladner Gervais LLP (416) 700-6265 gpratte@blg.com A member of the Ontario and Québec Bars and an ACTL Fellow, Mr. Pratte specializes in commercial litigation and public law before all levels of court, including the SCC, Federal Courts, and the Ontario and Québec Courts of Appeal and Superior Courts. Pliszka, Peter J. Fasken Martineau DuMoulin LLP (416) 868-3336 ppliszka@fasken.com Mr. Pliszka, Chair of Fasken's Product Liability Group, acts as national counsel on product liability, class action and insurance matters. Described as "one of the top people in the country for product liability cases" and "the lawyer of choice" for companies in need of defence counsel, he specializes in cross-border litigation and is regularly retained by foreign companies sued in Canada. Pasquariello, Joe Goodmans LLP (416) 597-4216 jpasquariello@goodmans.ca Mr. Pasquariello focuses on corporate insolvencies, restructurings and bankruptcies. He represents debtors, Court officers, debtholders, committees and other key parties in complex domestic, cross-border and international matters. He is recognized as a leading insolvency and restructuring lawyer by various guides, and is a member of the Insolvency Institute of Canada and INSOL International. LEXPERT-RANKED LAWYERS Ontario's appellate court had, in turn, dis- missed appeals from a July 11, 2016, decision of Justice Barbara Conway of the Ontario Su- perior Court of Justice. Justice Conway had dismissed the four applications that were heard together in June 2016, ruling in favour of Kyr- gyzaltyn JSC (KJSC), a company that special- izes in the development of gold deposits in Kyrgyzstan, and declaring that its assets could not be seized in satisfaction of arbitral awards against its owner, Kyrgyzstan. e unanimous decision had upheld Justice Conway's refusal to declare that the Republic had an ownership interest in KJSC's shares of Centerra Gold, Inc., an Ontario public company that operates the Kumtor Gold Mine in Kyrgyzstan. KJSC's shares in Centerra had been targeted by four separate parties that then held arbitral awards against Kyrgyzstan. e first of the four applicants, Sistem, enjoyed early success against KJSC before Ontario's courts, first in getting KJSC's assets frozen and then obtaining a judgment allowing for the assets to be seized. e latter three ap- plicants — Canadian company Stans Energy Corp., Latvian oligarch Valērijs Belokoņs, and Entes — sought to build on that success. At first these claimants all enjoyed similar early suc- cesses, obtaining matching Mareva injunctions and freezing tens of millions of dollars' worth of KJSC's shares in Centerra, while KJSC ap- pealed the Sistem judgment. e tide began to turn in June 2015, when the first of the Mareva injunctions was set aside aer the Ontario Div- isional Court overturned a decision of Justice Frank Newbould because the applicant, Stans, had failed to make full and frank disclosure on the original ex parte motion for the Mareva, and because the arbitral award that Stans ob- tained from a Russian tribunal had since been set aside by Russian courts. Later that month the Court of Appeal for Ontario set aside a judgment rendered by Jus- tice Julie orburn in favour of Sistem and or- dered a fresh hearing on the merits, as Sistem had failed to properly serve Kyrgyzstan in ac- cordance with the State Immunity Act. Next, the Mareva obtained by Belokoņs was set aside in September, 2015 aer Justice Wendy Matheson concluded that "the substratum for the [injunction] ha[d] been significantly com- promised due to the recent appeal decisions" in Stans and Sistem. Shortly aer, Justice Mathe- son struck an affidavit filed by Kyrgyzstan, set- ting out evidence that indicated Belokoņs had been engaged in money laundering and other suspect transactions through the Kyrgyz bank at the centre of his claim. Justice Conway's decision wove together

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