Canadian Lawyer InHouse

April/May 2020

Legal news and trends for Canadian in-house counsel and c-suite executives

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6 COMPANY (ACQUIRER) COMPANY (TARGET) COMMENTS STARLIGHT GROUP PROPERTY HOLDINGS INC. AND KINGSETT CAPITAL INC. Northview Apartment REIT Starlight and KingSett will purchase Northview for $36.25 per unit in a transaction valued at $4.8 billion. 1210565 B.C. LTD Ridley Terminals Inc. A $350-million sale was made by the Government of Canada to the joint venture of AMCI Group and Riverstone Holdings. CPF CANADA HOLDINGS CORP HyLife Investments Ltd CPF Canada Holdings acquired all the shares of HyLife Investments — a Canadian pork producer — for $498 million. WEEDMD INC. STARSEED HOLDINGS INC. The deal is worth $78 million. NOVACAP FOLIOT FURNITURE INC Novacap acquired a majority stake in the provider of furnishings for the hospitality and educational housing communities. SCOTIABANK MD FINANCIAL MANAGEMENT MD Financial Management was sold by Canadian Medical Association for $2.585 billion. JEFFERSON CAPITAL SYSTEMS, LLC CANACCEDE FINANCIAL GROUP The deal expands Jefferson Capital's global footprint and strengthens Canaccede's leadership in the Canadian consumer debt solutions space. BMO FINANCIAL GROUP CLEARPOOL GROUP INC. Acquistion of the electronic trading solutions company is expected to simplify how BMO does business. Divestiture of Ridley Terminals completed Canada Development Investment Corporation, on behalf of the Government of Canada, completed the sale of 90 per cent of Canada's shares in Ridley Terminals Inc. to 1210565 B.C. Ltd. (a joint venture of two US private equity firms — AMCI Group and Riverstone Holdings). The concurrent transfer of 10 per cent of the shares of RTI was made to Coast Tsimshian RTI Holdings Limited Partnership, a limited partnership owned by the Lax Kw'alaams Band and the Metlakatla First Nation. The total sale price was $350 million. CORPORATE Former GC joins Harper Grey LLP Ryan Bencic has joined Vancouver- based Harper Grey as an associate in the business law group where he advises entrepreneurs on corporate and commercial matters. Having been the co-founder and GC of legal tech company PainWorth and GC of the general partner to private equity fund Kezia Capital I LP, Bencic is able to draw on these experiences to provide practical advice at all stages of the business lifecycle. He completed his law degree at the University of Alberta and was called to the Alberta bar in 2017 and the British Columbia bar in 2020. NAME LEAVING (COMPANY LISTED) JOINING (COMPANY LISTED) NEW POSITION Eric Dalke Counsel West Law MLT Aikins LLP Dalke's practice includes corporate and commercial law Raymond Bastedo Jensen Shawa Solomon Duguid Hawkes LLP DLA Piper (Canada) LLP Bastedo joins the litigation, arbitration and investigations group Kevin Shipley Gilbert's LLP Fogler Rubinoff LLP Shipley joins the firm's intellectual property group Denise Felsztyna Norton Rose Fulbright Smart & Biggar Felsztyna is a member of the firm's IP litigation practice group Jessica Kearsey Norton Rose Fulbright Deloitte Legal Canada LLP Kearsey is a partner in the employment & labour group David Little Fasken Bennett Jones LLP Little brings expertise in the construction and P3 sectors Annie Galarneau MTY Food Group. Targray Technology International Inc Galarneau takes the role of general counsel Ryan Bencic PainWorth Harper Grey LLP Former GC's practice focuses on business law Louis Véronneau Bombardier SNC-Lavalin Veronneau was appointed as chief transformation officer Yuri Chumak Chumak & Company LLP Dickinson Wright LLP Chumak's major practice area is intellectual property Eric Morgan Osler Hoskin & Harcourt LLP Hansell LLP Morgan's practice covers corporate governance advice and dispute resolutions PEOPLE INTELLIGENCE

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