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Aird & Berlis LLP Partners Recognized in Chambers Global 2016

Aird & Berlis LLP is pleased to announce that five members of the firm have been ranked in the Canada section of the 2016 edition of Chambers Global, a guide to the world’s leading business lawyers.

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A&B In the News
Louise Summerhill Quoted in the National Post
Louise Summerhill is quoted in the National Post about the amendment to Ontario’s land transfer tax regulations, which will have far-reaching consequences.

A&B Lawyers Named in the Soo Today
Steve Graff, Jeremy Nemers and Ian Aversa were mentioned in a Soo Today article about our firm which has been retained by the City of Sault Ste. Marie to help it collect $14 million owed by Essar Steel Algoma for 2014/2015 property taxes.

John Mascarin Quoted in Now Magazine
John Mascarin was quoted in Now Magazine regarding a potential conflict of interest surrounding Mayor John Tory’s position on the CRTC’s decision to require big telecom corporations to open up their next-generation networks to smaller companies at wholesale prices.

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Success Stories
Wesdome Gold Mines Completes $17 Million Bought Deal Financing
On April 29, 2016, Wesdome Gold Mines Ltd. (TSX:WDO) announced that it completed a public offering of 10,465,000 common shares at a price of C$1.65 per share for gross proceeds of C$17,267,250, including the exercise in full of the over-allotment option by the underwriters.

Forum Signs Approximately $400M Definitive Agreement to Sell Part of its Canadian Infrastructure Portfolio

Forum Equity Partners reached financial close in the sale of part of its P3 portfolio to Fiera Infrastructure.

GreenSpace Brands Completes Concurrent Acquisition of Central Roast Inc. and Prospectus Offering

GreenSpace Brands Inc. (TSXV: JTR) (“GreenSpace”), a developer, marketer and seller of premium natural food products, completed the acquisition of Central Roast Inc., a manufacturer and distributer of all-natural healthy snacks, for $10.75 million, payable by way of cash, debt and equity. The acquisition has been completed in two stages, with the first 70% being acquired on closing and the second 30% being acquired 13 months following closing. With the completion of this acquisition, GreenSpace more than doubles its business. 

Firm News
A&B Advises on Award-Winning Cross-Border Restructuring Deal
The M&A Advisor recognized the restructuring and sale of Comark Inc. (Comark)—a deal valued at $150 million—as the Cross-Border Restructuring Deal of the Year at its 8th Annual International M&A Awards.

OSC Appoints Sherri Altshuler to Small and Medium Enterprises Committee
Congratulations to Sherri Altshuler on being named to the Ontario Securities Commission’s Small and Medium Enterprises Committee.

Clare Sullivan Honoured for Excellence in Trusts and Estates Law
Congratulations to Clare Sullivan for being selected as the recipient of the 2016 Ontario Bar Association Award of Excellence in Trusts and Estates Law.