Westcoast Energy Sells Sudsidiaries to EPCOR Utilities

On November 1, 2001, Westcoast Energy Inc. sold its two subsidiaries, Union Energy Inc. and Westcoast Capital Corporation, to EPCOR Utilities Inc. for $176.7 million, subject to closing statement adjustments.

Westcoast was represented by internal legal counsel, Curt Bernardi, with assistance from a Torys team that included Michael Feldman, Michael Pickersgill, Eric Engel, Katharine Alexander-Carew and Robin Coster (trademarks), Christina Medland (human resources), Jim Welkoff (tax) and Carolyn Naiman (competition).

Borden Ladner Gervais LLP represented EPCOR, with a team that included Frank Callaghan, Andrew Harrison, Richard LeBlanc, Lisa Katz Jones and Gordon Zimmerman (trademarks) and Larissa Tkachenko (tax).