Firm / Organisation

Goodmans LLP

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This content is provided by Goodmans LLP.

Chair: Dale H. Lastman, C.M. Number of partners: 112 Number of lawyers: 186

Firm Overview:
Goodmans is internationally recognised as one of Canada’s premier law firms. Based in Toronto, Goodmans is a full-service business law firm with noted strengths in M&A, corporate finance, cross-border transactions, private equity, REITs, restructuring, litigation, banking, tax, real estate, mining and other business-related specialities. The firm represents a broad range of clients, from entrepreneurial businesses to multinational corporations, financial institutions, private equity firms, pension funds and governments and has a reputation for handling challenging problems that demand creative solutions.

Main Areas of Practice:
Banking & Finance
Corporate Finance & Securities
Mining & Natural Resources
Municipal, Planning & Property Tax
Private Equity
Real Estate
REITs & Income Securities
Restructuring & Insolvency

Goodmans’ M&A group consistently plays a key role in many of the major Canadian and cross-border M&A deals, representing acquirors, targets, borrowers and issuers, or their lenders, underwriters and investors.

Corporate Finance & Securities:
Goodmans’ corporate finance and securities group handles initial/secondary public offerings, cross-border offerings, private placements, rights offerings, derivative and structured financings, spin-offs, asset securitisations, takeovers and mutual fund and other investment offerings. The team acts for issuers, investment dealers, merchant banks, investors and regulators.

REITs & Income Securities:
Goodmans’ REITs and income securities group has played a leading role in the establishment and development of Canada’s REIT and income securities sector including the creation of the first operating REIT structure, the first REIT merger; the first cross-border REIT, the first ‘pure play’ real estate REIT in the seniors housing sector, the first IPO in the world of a qualifying US REIT by a non-US entity; and the first multiple acquisition SPAC in the world.

For the 17th year in a row, Goodmans’ corporate restructuring group has been ranked by Chambers Global as the sole Canadian law firm in Band 1 with the #1 restructuring practice in Canada. The Goodmans restructuring team has achieved the guide’s highest ranking every year since 2001, with Chambers noting Goodmans’ impressive bench strength and consistent involvement in Canada’s most complex insolvencies. The group plays a lead role in most major insolvency/restructuring matters in Canada, acting for private and public corporations, Canadian and US financial institutions, and international and national corporations.

Banking & Finance:
Goodmans’ banking and finance group handles all types of domestic, cross-border and international financings for both lenders and borrowers. The firm’s expertise includes asset-based lending, project financings, securitisations, subordinated and mezzanine financings, debt restructurings and derivatives. The group advises banks and other financial institutions, regulators, borrowers, asset-based lenders, mezzanine funds and subordinated lenders, development banks and project finance participants.

Goodmans’ tax group is transaction-driven and focused on providing clients with strategic and practical tax advice. The group assists its clients successfully structure domestic and international acquisitions, cross-border transactions and corporate reorganisations, debt/equity financings; private equity transactions; structured financial products; real estate transactions and financings; commodity tax; tax compliance and litigation matters.

Goodmans’ litigation group handles complex domestic, cross-border and multi-jurisdictional corporate commercial litigation and dispute resolution. The group acts on a range of disputes, involving securities, corporate governance, competition, class actions (defence), IP, IT, environmental, construction, technology, labour and employment and insolvency proceedings.

Real Estate:
Goodmans’ real estate group is regarded as one of the leading real estate practices in Canada. The group represents private/public sector interests including many of Canada’s largest developers, owners and managers of real estate, contractors, consortiums, leading financial institutions, investment dealers, governments and crown corporations on a range of real estate and construction transactions.

Representative Matters:
Pure Industrial REIT’s acquisition by Blackstone for $3.8bn; Searchlight Capital’s $2bn acquisition of Mitel Networks; Cott Corp. in the $1.25bn cash sale of its bottling activities (Cott Beverages) to Refresco Group N.V.; Student Transportation’s acquisition by an investor group led by CDPQ for $1.1bn; the acquisition of Coca-Cola Refreshments Canada Company from a subsidiary of The Coca-Cola Company by a joint venture between prominent businessman and philanthropist, Larry Tanenbaum O.C., and Junior Bridgeman, a former NBA player, renowned entrepreneur and owner of Kansas City-based Heartland Coca-Cola Bottling Company; LifeWorks Corporation in its $426m acquisition by Morneau Shepell; Invesque Inc. in its $425m acquisition of Care Investment Trust LLC, owner of a portfolio of 42 seniors housing and care properties for from Tiptree Inc.; Numerous IPOs including: Ceridian HCM Holding Inc.’s $462m IPO; Minto Apartment REIT’s $230m IPO, BSR REIT’s $135m IPO; and Cannabis Strategies Acquisition Corp.’s $135m SPAC IPO; Wells Fargo as lender in its $1.7bn senior secured revolving credit facilities and term loan for Delek US Holdings; Vancouver Airport Authority in defence of the Commissioner of Competition’ abuse of dominance application before the Competition Tribunal, including a successful appeal to the Federal Court of Appeal which resulted in a fundamental change to the law of privilege in the competition law context; Chevron Canada’s successful motion for summary judgment to dismiss the recognition and enforcement action of a $9.51bn Ecuadorian judgement against Chevron Canada; SAP America in breach of contract disputes; Apotex, Canada’s largest generic pharmaceutical company in numerous patent infringement cases; and a lead role in most of the major restructurings in Canada including Concordia International, Carillion Canada, Nortel, Toys ‘R’ Us, Catalyst Paper, Jupiter Resources, Stelco, Banro, RGL Reservoir, Essar Steel Algoma, Crystallex International, Pacific Exploration, Lightstream Resources, Target Canada, Golfsmith International and Golf Town Canada, and LightSquared.