This transaction involves a spinoff from Shaw Communications Inc. of radio and specialty television assets into Corus Entertainment Inc. The transaction closed September 1999. McCarthy Tétrault acted as counsel to the banks supplying financing. The McCarthy team was comprised of Barry J. Ryan, Linda Pieterson, Rasha El Sissi (corporate), Gabrielle M.R. Richards (tax). Counsel for Shaw and Corus was David R.J. Lefebvre, William K. Jenkins, and David Taniguchi of the Calgary offices of Fraser Milner directed by Margot Micallef, general counsel at Shaw.