PCAA : La liste des avocats

L'équipe Droit-Inc
2008-03-18 10:37:00
Rappelons-le, le «comité Crawford» a obtenu hier la protection de la Cour supérieure de l'Ontario afin qu’il puisse mener à terme ses tractations d'ici la fin d'avril.
PAN-CANADIAN INVESTOR COMMITTEE
Law firm: Goodmans
Key Lawyers: Jim Riley, Stephen Halperin. Francesca Guolo, Ben Zarnett, Jessica Kimmel, Fred Myers, Brian Empey
Contribution: Tapped by Mr. Crawford to run the legal side of the workout, this 200-lawyer transaction law firm has been at the centre of the ABCP firestorm. They have had more than 20 lawyers working on the file to come up with the legal framework for the restructuring. The key tasks were persuading Canadian and foreign banks to play nice and play along, getting agreement on the liquidity facility and moving the swap triggers. Sources say Mr. Riley played a prominent role behind the scenes, quarterbacking the restructuring and keeping the ball moving.
DEALERS AND FOREIGN BANKS
Law firm: Stikeman Elliott
Key lawyers: Peter Howard, Bill Scott, Sean Dunphy
Contribution: One of Canada's premier merger and acquisition firms, Stikeman represented a number of the foreign banks for sponsored trusts, dealers who sold the paper and swap counterparties whose co-operation was key to getting a deal done.
Law Firm: Fasken Martineau DuMoulin
Key Lawyers: Yvon Martineau, Marc Novello
Contribution: One of the Montreal's older law firms, Fasken represented Desjardins group, which wrote down $273-million it held in ABCP.
CONDUITS
Law firm: Davies Ward Phillips & Vineberg
Key lawyers: Jay Swartz, Scott Hyman, Jim Rumball, Robin Schwill
Contribution: This perennial legal all-star firm, which usually has a big bite of any major merger in Canada, had the delicate task of managing important conduits, such as Coventree and Nereus, through the restructuring process.
NATIONAL BANK
Law firm: Torys LLP
Key lawyer: Michael Feldman
Contribution: Bank was one of the key sellers of ABCP. Ended up buying back $2-billion of it from clients and ponying up a $500-million contribution to the $14-billion liquidity facility needed to close the restructuring.
ISSUER TRUSTS
Law firm: Fasken Martineau DuMoulin (Toronto)
Key lawyers: Alfred Apps, Ron Robertson, Aubrey Kauffman, Stuart Brotman, Lisa Marcuzzi, Robert Harrison
Contribution: One of Canada's top national law firms, Fasken's insolvency lawyers played a key role in the mapping out the CCAA filing and moving the process into the courts. The Toronto team is on for 15 of the 21 issuer trusts, accounting for about $24-billion of the debt.
Law firm: Fasken Martineau DuMoulin (Montreal)
Key lawyers: Xeno Martis, David Lemieux, Donald Milner, Robert Girard
Contribution: The Montreal team represents the remaining six trusts, accounting for about $9-billion of the debt.
Law firm: McCarthy Tetrault
Key lawyers: James Gage
Contribution: One of Canada's largest corporate national law firms, McCarthy acts for Securitus, a sponsor and administration agent for the Selkirk Funding Trust.
INDENTURE TRUSTEES
Law firm: Bennett Jones
Key lawyers: Rick Orzy, Bruce Barker
Contribution: The fast-growing Toronto office of this Western-based legal powerhouse assisted the indenture trustees, those who hold the assets.
CANADIAN BANKS
Law firm: McCarthy Tetrault
Key lawyers: Kevin McElcheran
Contribution: Steering Canadian banks through CCAA proceedings and intricacies around liquidity agreement.
AD HOC COMMITTEE
Law firm: Miller Thomson
Lawyers: Jeff Carhart, Jay Hoffman
Contribution: On for 14 investors representing $1.2-billion.
OTHER
Different investors are represented by various law firms.