Tundra Energy Marketing acquires Enbridge South Prairie Region Pipeline System

Tundra Energy Marketing Limited (TEML), a subsidiary of James Richardson & Sons, Limited (JRSL) completed its acquisition of the Enbridge South Prairie Region Pipeline System and related facilities from an affiliate of Enbridge Income Fund (the Fund) for $1.075 billion in cash on December 1, 2016.

TEML was represented in house by Michael Guttormson, Vice-President and General Counsel of JRSL and assisted by a team from Aikins, MacAulay & Thorvaldson LLP of Wells Peever, QC (lead), Todd Thomson, Pamela Hilderman and Bradley Zander (corporate), David Negus (employment), Robert Sly and Robert Lee (tax), Lucia Stuhldreier (competition), David Carrick (IP), Eric Buettner, Melissa Cattini, Kyle Emond and Jeff Schneider (due diligence). TEML was assisted on Saskatchewan law matters by a team from MacPherson, Leslie & Tyerman LLP that included Danny Anderson, QC, and Doug Osborn (corporate), Leah Schatz (employment) and Katrina Wagner (land). (Aikins, MacAulay & Thorvaldson LLP and MacPherson, Leslie & Tyerman LLP have since merged to form MLT Aikins LLP.) A team from Gowling WLG including James Smellie and John Cusano assisted in connection with NEB requirements.

The Fund was represented internally by legal teams in corporate law, liquids pipelines law and corporate secretarial and assisted by a team from Dentons Canada LLP of George Antonopoulos (lead), Courtney Burton, Dan Shea, Barry Zalmanowitz, Barbara Johnston, Alex MacWilliam, Craig McDougall, Mary Picard, Heather DiDio, Helen Park, Simon Kupi, Erik Arnold, Emily Denstedt, Kim Martyn and Andreas Kloppenborg. The Fund was assisted on Saskatchewan employment law matters by Larry Seiferling, QC, at McDougall Gauley LLP.