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Osler, Hoskin & Harcourt LLP

BOX 50, 1 FIRST CANADIAN PLACE, 100 KING ST W, SUITE 6200, TORONTO, ONTARIO M5X 1B8, CANADA
Tel:
Work +1 416 362 2111
Fax:
Fax +1 416 862 6666
Email:
Web:
www.osler.com
Calgary, Montreal, New York, Ottawa, Toronto, Vancouver

Canada

Aboriginal law
Aboriginal law - ranked: tier 2

Osler, Hoskin & Harcourt LLP

Osler, Hoskin & Harcourt LLP’s regulatory, environmental, Aboriginal and land practice is led jointly by Toronto-based Richard King (‘a very good environmental and Aboriginal law specialist’) and Calgary-based Martin Ignasiak (‘a commercially-minded lawyer with great expertise’). The ‘very capable’ national group also draws upon the senior experience of renowned regulatory expert Shawn Denstedt QC and litigator Maureen Killoran QC — both of whom are based in Calgary. The firm continues to advise Teck Resources on Aboriginal law issues connected to its C$15bn Frontier Oil Sands project. Kinder Morgan Canada, Prosper Petroleum and TransCanada are also key clients.

Leading individuals

Richard King - Osler, Hoskin & Harcourt LLP

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Banking and finance
Banking and finance - ranked: tier 3

Osler, Hoskin & Harcourt LLP

Osler, Hoskin & Harcourt LLP recently added derivatives specialist Lisa Mantello in Toronto from Goodmans, which continues a pattern of growth over the past four years that includes the arrivals of Vancouver-based Martha Martindale in 2016 and financial services chair Chris Bennett in 2014. The growing practice advises on a wide range of banking issues, with notable strength in project finance, restructuring-related matters and acquisition finance. The increasing profile of the group’s lender-side mandates is evidenced by Toronto-based Kevin Morley’s advice to Wells Fargo Securities and Wells Fargo Bank National Association on the Canadian aspects of $1.2bn in Canadian and US asset-based loans to Bass Pro Group. Laurie Barrett is also a senior member of the team and advised National Bank of Canada on a significant refinancing for Algonquin Power. On the project finance front, Bennett advised EllisDon Capital on the C$288.5m financing of Sinai Health System’s Phase 3A redevelopment project.

Leading individuals

Chris Bennett - Osler, Hoskin & Harcourt LLP

Kevin Morley - Osler, Hoskin & Harcourt LLP

Laurie Barrett - Osler, Hoskin & Harcourt LLP

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Capital markets
Capital markets - ranked: tier 1

Osler, Hoskin & Harcourt LLP

Osler, Hoskin & Harcourt LLP, highlighted as a ‘go-to firm for its commercial mindset and industry knowledge’, is equally skilled in debt and equity deals and regularly ranks among the top two firms in Canada in terms of total deal value in both market segments. Corporate finance and securities co-chair Desmond Lee is ‘operating at the top of his game’ and advised the underwriters on Jamieson Wellness’ IPO and upsized secondary offering. Lee also partnered with James Brown to advise the underwriters on Roots’ C$200m IPO. Among its issuer-side mandates, department co-chair Michael Innes advised Hydro One on its C$1.5bn offering of convertible unsecured subordinated debentures represented by instalment receipts. Structured finance specialists Peter Milligan and Rick Fullerton are also key names. All named lawyers are based in Toronto.

Leading individuals

Desmond Lee - Osler, Hoskin & Harcourt LLP

Michael Innes - Osler, Hoskin & Harcourt LLP

Peter Milligan - Osler, Hoskin & Harcourt LLP

Next generation lawyers

James Brown - Osler, Hoskin & Harcourt LLP

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Competition and antitrust
Competition and antitrust - ranked: tier 2

Osler, Hoskin & Harcourt LLP

Osler, Hoskin & Harcourt LLP’s practice is well weighted between merger reviews and behavioural matters. In terms of the latter, department chair Shuli Rodal and competition and investigations lead Christopher Naudie represented Enterprise Rent-a-Car in class proceedings arising from the Bureau’s investigation into pricing and marketing practices in the rental car market. In a high-profile merger file, Peter Glossop advised Corus Entertainment on its attempted C$200m disposal of French-language specialty channels Historia and SĂ©ries+ to Bell Media — the deal was ultimately blocked by the Commissioner of Competition. In another complex merger file, Peter Franklyn advised Intercontinental Exchange (ICE) on the Canadian aspects of its sale of Trayport Holdings to TMX Group and the related acquisitions by ICE of Natural Gas Exchange and Shorcan Energy Brokers. Senior specialist Michelle Lally and newly promoted partner Kaeleigh Kuzma are also recommended. Named partners are based in Toronto.

Leading individuals

Michelle Lally - Osler, Hoskin & Harcourt LLP

Peter Franklyn - Osler, Hoskin & Harcourt LLP

Next generation lawyers

Kaeleigh Kuzma - Osler, Hoskin & Harcourt LLP

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Corporate and M&A
Corporate and M&A - ranked: tier 1

Osler, Hoskin & Harcourt LLP

The 'deal-hungry’ practice at Osler, Hoskin & Harcourt LLP is an 'elite group in the corporate and M&A space’. The team, which secures a sizeable share of the market’s most high-profile transactions, fields a 'great bench of senior experts’, with sources reserving particular praise for lawyers’ 'strong business nous’. Clients are drawn from a wide variety of sectors and include major foreign and domestic corporations and private equity players — its ability to lean on a well-staffed office in New York is a significant lure for multinationals. Emmanuel Pressman, who chairs the corporate group from Toronto, is a 'very seasoned, technical and excellent lawyer’. Pressman advised a Blackstone-led consortium on a $20bn partnership agreement whereby private equity funds managed by Blackstone, together with CPPIB and GIC, acquired a 55% stake in Thomson Reuters’ financial and risk business. He also advised Blackstone on its C$3.8bn acquisition of Pure Industrial REIT. Jeremy Fraiberg is a 'widely recognized corporate specialist’ and acted for Mitel Networks on its $2bn acquisition by Searchlight Capital Partners. He also advised Central Group Alberta on the acquisition of Central Fund of Canada by Sprott. Other key contacts in Toronto include Douglas Marshall, who advised Dream Global REIT on its C$903m acquisition of a portfolio of 135 office and industrial properties located in the Netherlands, and Douglas Bryce, who was appointed managing partner in 2017. Frank Turner is recommended in Calgary and advised MHR Fund Management on the acquisition of control of a Canadian energy company. In 2018, both Toronto heavyweight Clay Horner and Montreal-based Robert Yalden retired, while Craig Spurn joined in Calgary from McCarthy TĂ©trault.

Leading individuals

Douglas Bryce - Osler, Hoskin & Harcourt LLP

Douglas Marshall - Osler, Hoskin & Harcourt LLP

Emmanuel Pressman - Osler, Hoskin & Harcourt LLP

Jeremy Fraiberg - Osler, Hoskin & Harcourt LLP

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Dispute resolution
Dispute resolution: Alberta - ranked: tier 2

Osler, Hoskin & Harcourt LLP

Dispute resolution: Ontario - ranked: tier 2

Osler, Hoskin & Harcourt LLP

Dispute resolution: Quebec - ranked: tier 2

Osler, Hoskin & Harcourt LLP

Osler, Hoskin & Harcourt LLP’s dispute resolution practice is ‘in the mix with the best nationally’, according to one source. In Toronto, high-profile litigator Larry Lowenstein is held up as ‘absolutely top shelf’; he continues to defend Chevron Corporation, as co-counsel, in a claim seeking to enforce a $9.5bn Ecuadorian judgment in Canada. Laura Fric — ‘client-oriented and excellent at managing teams’ — Deborah Glendinning and competition specialist Mahmud Jamal are also key contacts in Toronto. In Calgary, Maureen Killoran QC has a strong reputation for energy and natural resources-related matters and is advising Kinder Morgan in a National Energy Board regulatory hearing seeking approval for the proposed expansion of the Trans Mountain Pipeline. In Montreal, Sylvain Lussier Ad E represented Manulife in a proposed class action alleging that premium increases for life insurance policies are grossly inflated and contrary to the terms of the policy. Lussier was recently appointed a judge of the Superior Court of Quebec.

Leading individuals

Deborah Glendinning - Osler, Hoskin & Harcourt LLP

Larry Lowenstein - Osler, Hoskin & Harcourt LLP

Maureen Killoran QC - Osler, Hoskin & Harcourt LLP

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Environment
Environment - ranked: tier 2

Osler, Hoskin & Harcourt LLP

Osler, Hoskin & Harcourt LLP is valued for ‘knowing when a deep dive into the law is necessary or when things can be done more cost-effectively’. The team, which is mainly split between Calgary and Toronto, is particularly well versed in project development-related matters and it also handles environmental litigation and due diligence. In Calgary, regulatory heavyweight Shawn Denstedt QC ‘takes time to understand the business implications’. Denstedt jointly chairs the national practice alongside Calgary-based Martin Ignasiak; together they advised De Beers Canada on all environmental permitting issues concerning the new Gahcho Kué diamond mine. The team is also assisting De Beers with the ongoing management of the Snap Lake Mine. In Toronto, ‘very capable’ up-and-coming partner Jennifer Fairfax represented Rowbry Holdings in a C$10m contaminated lands claim.

Leading individuals

Shawn Denstedt QC - Osler, Hoskin & Harcourt LLP

Next generation lawyers

Jennifer Fairfax - Osler, Hoskin & Harcourt LLP

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Infrastructure and projects
Infrastructure and projects - ranked: tier 2

Osler, Hoskin & Harcourt LLP

The projects team at Osler, Hoskin & Harcourt LLP is a ‘well-oiled machine’ and there is a feeling in the market that ‘the firm is beginning to catch up with the best in the field’. Particular praise is reserved for Toronto-based financial services chair Chris Bennett, who is considered by many to be ‘peerless in the project finance space’. Bennett is advising the shortlisted Trillium Link consortium on its bid for Stage 2 of the Trillium Link Extension project. Toronto-based Tobor Emakpor is also highly regarded and with Bennett advised on a string of highlight deals, including advising EllisDon Capital and STRABAG (as lead partners in the Toronto Tunnel Partners consortium) on the C$116.9m Highway 401 Rail Tunnel project. Toronto-based Rocco Sebastiano and Calgary's Lorne Carson are also respected names.

Leading individuals

Chris Bennett - Osler, Hoskin & Harcourt LLP

Tobor Emakpor - Osler, Hoskin & Harcourt LLP

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Intellectual property
Intellectual property - ranked: tier 3

Osler, Hoskin & Harcourt LLP

A ‘strong performer in IP litigation’, Osler, Hoskin & Harcourt LLP also advises on patent and trademark prosecution, copyright, IP portfolio management and transactional support matters. Ottawa-based national group lead Bradley White is a ‘top-tier patent litigator’ and led the firm’s advice to Mylan Pharmaceuticals on several matters over the past year, including patent disputes, class actions and ongoing cases seeking early market entry. Elsewhere, copyright expert John Cotter represented York University in a suit filed by Access Copyright seeking to enforce an interim tariff in relation to the copying of published works by post-secondary institutions. Ottawa’s Donna White, who leads the trademark practice, and Toronto-based May Cheng are also recommended.

Leading individuals

Bradley White - Osler, Hoskin & Harcourt LLP

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International expertise
International expertise - ranked: tier 3

Osler, Hoskin & Harcourt LLP

Osler, Hoskin & Harcourt LLP draws upon its solid New York office to advise on a steady stream of sophisticated cross-border deals, particularly M&A and tax matters. The firm also has extensive experience in Asian and Latin American markets. New York-based Rob Lando is a key contact for US-related work and brings to bear a strong record in corporate and securities transactions. New York-based financial services specialist Andrew Herr is also noted.

Leading individuals

Rob Lando - Osler, Hoskin & Harcourt LLP

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International trade
International trade - ranked: tier 3

Osler, Hoskin & Harcourt LLP

Osler, Hoskin & Harcourt LLP’s trade department is well weighted between traditional trade work (including trade remedies) and the increasingly relevant anti-corruption and investment protection areas. Riyaz Dattu heads the group and recently advised Imperial Tobacco on several matters, including the impact of CETA and customs compliance.

Leading individuals

Riyaz Dattu - Osler, Hoskin & Harcourt LLP

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Labour and employment
Labour and employment - ranked: tier 3

Osler, Hoskin & Harcourt LLP

Osler, Hoskin & Harcourt LLP’s group acted on a steady stream of transactions over the past year — it also advises on compliance matters and litigation. Among its highlights, Toronto-based group chair Jason Hanson acted with Brian Thiessen, who splits his time between Calgary and Vancouver, to advise Intercontinental Exchange on proposals for a Canadian capital markets securities regulator, including outsourcing and integration matters, executive compensation issues, and employment contracts. Sven Poysa, who assisted Sears Canada with the labour and employment aspects of its restructuring, is also highly regarded — he is based between Toronto and Montreal. Michel Benoit recently retired.

Leading individuals

Jason Hanson - Osler, Hoskin & Harcourt LLP

Next generation lawyers

Sven Poysa - Osler, Hoskin & Harcourt LLP

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Pensions
Pensions - ranked: tier 1

Osler, Hoskin & Harcourt LLP

A ‘clear leader in the pensions field’, Osler, Hoskin & Harcourt LLP impresses with its deep national practice, which sources highlight as ‘strong in both Toronto and Montreal’. A specialist in fund administration matters, the team is also a strong performer in investment matters, restructurings, litigation and corporate support work. Toronto-based department chair Paul Litner is a leading light who can turn his hand to all aspects of pension law; he advised Intercontinental Exchange on the pensions elements of its C$931m sale of Trayport Holdings to TMX Group. In one of the year’s most high-profile restructuring-related mandates, Litner also advised Sears Canada on its CCAA proceedings. Jana Steele (‘a superb lawyer, with a great practice’) is another senior figure in the Toronto team. In Montreal, Julien Ranger is ‘one to watch’, with more than one source commenting ‘if I could hire him, I would’. Other key clients include Ontario Pension Board, General Motors of Canada and Ontario Teachers’ Pension Plan.

Leading individuals

Jana Steele - Osler, Hoskin & Harcourt LLP

Paul Litner - Osler, Hoskin & Harcourt LLP

Next generation lawyers

Julien Ranger - Osler, Hoskin & Harcourt LLP

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Public procurement
Public procurement - ranked: tier 2

Osler, Hoskin & Harcourt LLP

Osler, Hoskin & Harcourt LLP’s group, which strikes a good balance between contentious and non-contentious work, has notable expertise in the infrastructure, technology, energy, healthcare and gaming areas. In a headline mandate, Toronto-based Rocco Sebastiano is advising Bruce Power on the C$13bn procurement of various services connected to the refurbishment of six nuclear reactor units. On the litigation side, Toronto’s Roger Gillott represented Atomic Energy of Canada in an $18.5m action brought by Canada Forgings.

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Real estate
Real estate - ranked: tier 3

Osler, Hoskin & Harcourt LLP

The consensus is that Osler, Hoskin & Harcourt LLP’s team is ‘on the up’ and its recent strong showings in the retail, REIT and property finance spaces support that view. Rod Davidge chairs the group and advised Chartwell Retirement Residences on the C$298m acquisition of five retirement communities. The ‘very impressive’ Stella Di Cresce is an increasingly prominent name and is key relationship partner to the Dream group of companies on real estate matters; recent work includes advising Dream Office REIT on the C$750m sale of its remaining interest in Scotia Plaza. Paul Morassutti, who advised Starbucks on the closure of all 53 of its Teavana stores across Canada, and Heather McKean are also recommended. All named lawyers are in Toronto.

Next generation lawyers

Stella Di Cresce - Osler, Hoskin & Harcourt LLP

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Restructuring and insolvency
Restructuring and insolvency - ranked: tier 2

Osler, Hoskin & Harcourt LLP

‘Head of the chasing pack’, Osler, Hoskin & Harcourt LLP is regarded by some as ‘among the top three restructuring practices in the country’, with its increasingly prominent debtor-side practice particularly impressing. Among its key attributes clients highlight its ‘strong combination of legal capabilities and deal sense’, its ‘broad array of industry experience’ and its ‘ability to drive a deal across the line’. Sources also praise Toronto-based group head Marc Wasserman as ‘up there with the best in the country’. Among Wasserman’s recent files, he advised Sears Canada on its headline CCAA proceedings. Tracy Sandler, also a key contact in Toronto, represented Express Fashion Apparel Canada in its CCAA restructuring. In Montreal, Sandra Abitan acted for PwC as court-appointed liquidator of a large condominium project. Michael De Lellis and Jeremy Dacks are also recommended in Toronto.

Leading individuals

Marc Wasserman - Osler, Hoskin & Harcourt LLP

Next generation lawyers

Michael De Lellis - Osler, Hoskin & Harcourt LLP

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Tax
Tax - ranked: tier 1

Osler, Hoskin & Harcourt LLP

Osler, Hoskin & Harcourt LLP houses a ‘deep and broad’ tax practice, which is best known for its ‘peerless expertise in tax litigation’ and its strong track record in cross-border M&A and corporate finance deals. National group co-chair Firoz Ahmed is a sought-after specialist for transactional tax matters and advised Hydro One both on its C$6.7bn acquisition of Avista and also on a C$1.4bn bought deal offering by its subsidiary. Patrick Marley, noted as a ‘very strong tax lawyer’, advised Kinross Gold on the sale of both of a 25% interest in the Cerro Casale project and its 100% interest in the Quebrada Seca project. Timothy Hughes, who heads the capital markets tax unit, advised Scotiabank on a $1.2bn notes offering. On the contentious side, ‘Canada’s best tax litigator’ Al Meghji and international tax heavyweight Richard Tremblay paired up to represent Cameco in a landmark C$1.3bn case discussing the “recharacterization” transfer pricing provisions in section 247 of the Income Tax Act. The group also draws upon the senior experience of national department co-chair Monica Biringer, Montreal group head Mark Brender and Calgary-based Edward Rowe, who brings strong experience in energy-related matters. All named lawyers are based in Toronto unless otherwise stated.

Leading individuals

Al Meghji - Osler, Hoskin & Harcourt LLP

Firoz Ahmed - Osler, Hoskin & Harcourt LLP

Patrick Marley - Osler, Hoskin & Harcourt LLP

Richard Tremblay - Osler, Hoskin & Harcourt LLP

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Technology
Technology - ranked: tier 1

Osler, Hoskin & Harcourt LLP

A prominent player in major IT and outsourcing transactions, Osler, Hoskin & Harcourt LLP also houses specialist expertise in public policy, privacy and emerging companies. Department co-chair Wendy Gross is well known for her experience in sensitive and complex technology transactions, particularly outsourcing arrangements. Notably, Gross has been retained by several Canadian financial institutions to advise on new card and payment products. Michael Fekete jointly chairs the practice and recently advised a global technology company on IT procurements undertaken by the Government of Canada and provincial governments. The ‘solidly deep bench’ also benefits from the senior experience of Simon Hodgett, while Ted Liu is ‘up there among the next generation of leaders’. Representative clients include Facebook, Microsoft and the Information Technology Association of Canada. All named lawyers are based in Toronto.

Leading individuals

Wendy Gross - Osler, Hoskin & Harcourt LLP

Next generation lawyers

Ted Liu - Osler, Hoskin & Harcourt LLP

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Canada: Energy and natural resources

Energy and natural resources: mining
Energy and natural resources: mining - ranked: tier 3

Osler, Hoskin & Harcourt LLP

Osler, Hoskin & Harcourt LLP leverages its market-leading corporate practice to shine in corporate finance matters but it also leans on the firm’s environmental law and dispute resolution teams to provide regulatory support to its mining clients. Highlights included Toronto-based James Brown advising Pacific Road Capital Management on the C$21m sale of the Reno Creek Project to Uranium Energy Corporation. Vancouver’s Alan Hutchison jointly leads the department alongside Brown.

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Energy and natural resources: oil and gas
Energy and natural resources: oil and gas - ranked: tier 1

Osler, Hoskin & Harcourt LLP

Osler, Hoskin & Harcourt LLP’s group, which comprises ‘excellent lawyers’, stand out for its ‘great transactional expertise', and also packs a punch in regulatory matters. Sector specialist Janice Buckingham jointly leads the practice and led the firm’s advice to ConocoPhillips on the C$17.7bn sale of its 50% interest in FCCL Partnership and certain Deep Basin assets to Cenovus Energy. Buckingham also acted alongside seasoned expert Robert Desbarats Desbarats QC to advise Canadian Natural Resources on its C$975m acquisition of upstream oil and gas assets in the Greater Pelican Lake region, and other assets in northern Alberta, from Cenovus Energy. On the development front, infrastructure co-chair Paula Olexiuk is advising PetroChina on various matters, including advising on its two oil sands projects and its partnership with TransCanada Corporation to construct and operate the Grand Rapids pipeline system. Shawn Denstedt QC is highly sought after for his regulatory expertise and represented Kinder Morgan Canada on regulatory, environmental and aboriginal matters related to the Trans Mountain Expansion Project. Martin Ignasiak is also recommended for regulatory matters, while Craig Spurn — who joined recently from McCarthy TĂ©trault — is another key name for energy transactions.

Leading individuals

Janice Buckingham - Osler, Hoskin & Harcourt LLP

Robert Desbarats QC - Osler, Hoskin & Harcourt LLP

Shawn Denstedt QC - Osler, Hoskin & Harcourt LLP

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Energy and natural resources: power
Energy and natural resources: power - ranked: tier 2

Osler, Hoskin & Harcourt LLP

Osler, Hoskin & Harcourt LLP’s power practice, which is active across the gamut of commercial, financing, corporate and regulatory matters, ‘ranks among the best in Ontario’, according to some. It also has an increasingly strong presence in Calgary, which was further strengthened by the arrival of Craig Spurn from McCarthy TĂ©trault. Toronto-based Rocco Sebastiano heads the department and is advising Bruce Power on the C$13bn Bruce Power Major Component Replacement Program, as part of the refurbishment of the Bruce Power Nuclear Generating Station. Toronto’s Jacob Sadikman ‘knows the power sector inside out’ and advised TransCanada on the C$540m sale of its Ontario solar portfolio to Axium Infinity Solar LP. Richard King, also in Toronto, is recommended for regulatory issues and led the regulatory advice to Hydro One in its $6.7bn acquisition of Avista.

Leading individuals

Richard King - Osler, Hoskin & Harcourt LLP

Rocco Sebastiano - Osler, Hoskin & Harcourt LLP

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