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CCCA_V5No4_Col-DealDevelop-FIN_CCCA_V1No2_Col-News-V1.qxd 11/20/11 11:05 PM Page 40 AND Walter Energy, Inc. (con’d) acquired a 19.8 per cent strategic stake by having entered into a share purchase agreement with Audley Capital Management Limited and certain of its affiliates (collectively, “Audley”), pursuant to which Walter agreed to purchase 54,547,858 Western common shares held by Audley. Date: Closed April 1, 2011. On the Deal: For Walter Energy: In-house by Catherine Bona, Vice-President, Interim General Counsel and Secretary; Emmanuel Pressman, Andrea Whyte, David Vernon, Heidi Wong and Ryan Sakamoto (M&A), Michael Matheson, Brodie Swartz and Benjamin Leith (banking), Steve Suarez and Amanda Heale (tax), Peter Franklyn and Kaeleigh Kuzma (regulatory) and Tristram Mallett (litigation), Osler, Hoskin & Harcourt LLP; David Selley (corporate), Farris, Vaughan, Wills & Murphy LLP. For Western Coal: In-house by Global Head of Legal, Keenan Hohol and Tina Langford; Michael Partridge, Gesta Abols, Brian Savage and Ryan Done (M&A), Jon Northup and Mark Tozer (tax), Joel Schachter and Richard Annan (regulatory) and Michelle Dobranowski (labour), Goodmans LLP; Michael Lee, Randall Chatwin, David Gedge, and Tolek Strukoff (corporate/securities), Craig Ferris and Jude Popp (litiga- tion) and Mandeep Dhaliwal (banking), Lawson Lundell LLP. For the lenders under Walter’s senior debt financing: Daphne MacKenzie, Rachel Hutton and Kelly Niebergall, Stikeman Elliott LLP. For Audley: Vincent Mercier, Peter Hong and Kateryna Yason (M&A), Anita Banicevic (antitrust) and Gerald Shepherd (US securities issues), Davies Ward Phillips & Vineberg LLP. Parametric Technology Corporation Details: Parametric Technology Corporation (“PTC”) acquired all of the outstanding shares of MKS Inc. (“MKS”) (TSX:MKX) pursuant to a plan of arrange- ment under the Business Corporations Act (Ontario). Under the arrangement, an indirect wholly owned subsidiary of PTC acquired each common share of MKS for $26.20 in cash, representing an aggregate purchase price of approximately $292.5-million. In connection with the arrangement, the common Jonathan Grant, William Orr, Aaron J. Atkinson, Elizabeth Walker, McCarthy Tétrault LLP Fasken Martineau Fasken Martineau Osler, Hoskin & shares of MKS were delisted from the Toronto Stock DuMoulin LLP DuMoulin LLP Harcourt LLP Exchange. Date: Closed May 31, 2011. On the Deal: For MKS: Larry Wasylishyn, General Counsel; Jonathan Grant, Leila Rafi, Deandra Schubert and Danielle Traub (securities), Alfred Macchione (intellectual property), James Morand and Patrick McCay (tax), and Geoff Hall and Paul Fruitman (securities litigation), McCarthy Tétrault LLP. For the independent committee of MKS: William Orr and Aaron J. Atkinson (securities), Fasken Martineau DuMoulin LLP. For PTC: Aaron von Staats, General Counsel, and Catherine Gorecki, Corporate & Securities Counsel; Elizabeth Walker, Donald Gilchrist, Ivan Pankoff and Pras Kayilasanathan (business), Dov Begun (tax) and Laura Fric (securities litigation), Osler, Hoskin & Harcourt LLP. Northland Properties Corporation Details: Northland Properties Corporation completed the acquisition of the Sutton Place Hotels in Vancouver and Edmonton from Hong Kong business- man Christopher Ho’s Sutton Place Grande Limited for an aggregate purchase price of $197,500,000. The “Sutton Place” brand was included in the transac- tion. While the two other existing Sutton Place hotels in Toronto and Chicago will retain the right to use the “Sutton Place” name for the time being, those prop- Russell Benson, John Gregory, Michael Kalef, Leslie Tucker, McCarthy Tétrault LLP Thorsteinssons LLP Koffman Kalef LLP Koffman Kalef LLP erties were not included in this transaction. Date: Closed June 15, 2011. On the Deal: For the seller: Russell Benson, John Pearson, Christopher Falk, Conrad Rego, Jennie Hayes, Stephanie Morand, Troy Lehman, Vincent Yip, Beth Macdonald and Christopher McHardy, McCarthy Tétrault LLP. For the buyer: In-house by Bernie Malach and Rob Toor; John Gregory of Thorsteinssons LLP. Northland’s financing for the purchase was provided by HSBC Bank Canada and BCMP Mortgage Investment Corporation. For HSBC: Michael Kalef and Leslie Tucker, Koffman Kalef LLP; Frank Niziol, Parlee McLaws LLP; Frank Niziol, David Kington, John Morrison, Parlee McLaws LLP Clark Wilson LLP McMillan LLP for BCMP: David Kington, Clark Wilson LLP. The transaction also involved modifications to the seller’s existing financing with the Maxam Capital Group, represented by John Morrison and Dorothy Wong, McMillan LLP. 40 CCCA Canadian Corporate Counsel Association WINTER 2011
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