Fortis Properties Purchases Holiday Inn Hotels

FelCor Canada Co., a subsidiary of Irving, Texas-based FelCor Lodging Trust Incorporated, sold four Holiday Inn branded hotels located in Cambridge, Kitchener, Peterborough and Sarnia, Ontario to Fortis Properties Corporation, a wholly owned non-utility subsidiary of Fortis Inc. The deal closed on October 1, 2003 and its value is undisclosed.

Fortis Properties was represented in-house by Ron McCabe, general counsel and corporate secretary, and by Gowling Lafleur Henderson LLP, with a team that included Merle Rosenhek, Robert Milnes, Faithe Holder, Kelly Murray, James Fisher, Sam Johnston, Sharon Bennett and Michael Bussmann.

FelCor was represented in-house by Joel Eastman, vice-president and senior real estate counsel, and by Blake, Cassels & Graydon LLP, with a team that included Jim Hilton, Allan Gelkopf, Chris Van Loan, Robert Kreklewich, Ted Betts and Pierre Crichton.