100 King St W, Suite 6200, 1 First Cdn Pl, PO Box 50, Toronto, ON
Year called to bar: 2003 (ON)
Andrea is Chair of Osler’s Pensions and Benefits group. Her practice specializes in all areas of pensions and benefits, with a focus on pension administration, fiduciary duty and governance, and issues arising in the context of bankruptcy and insolvency. She also advises clients on a full range of pension investment issues from both a fund and manager perspective, as well as on executive compensation matters and pension issues that arise in the context of mergers and acquisitions and lending arrangements. Andrea is often sought out for her expertise by government, in litigation matters, and for second opinions. Andrea speaks and writes extensively on pensions related issues. She is the co-editor of Pensions and Benefits Law in Ontario and the long-time former editor of Canadian Cases on Pensions and Benefits. Andrea has also been an adjunct professor at Queen’s University Law School and is often a guest lecturer at the University of Toronto and Osgoode Professional Development.
On November 30, 2018, Essar Steel Algoma Inc. (“ESAI”) concluded its comprehensive restructuring under the Companies’ Creditors Arrangement Act by way of the sale of substantially all of its assets to Algoma Steel Inc. (“ASI”).
On March 28, 2018, Platinum Equity Capital Partners IV (Platinum Equity) completed the acquisition of Husky Injection Molding Systems (Husky) from Berkshire Partners and OMERS Private Equity for $4.95 billion (US$3.85 billion). Based in Bolton, Ont., Husky is a global supplier of highly engineered injection molding equipment and services for the plastic injection molding equipment industry, and a leading provider of PET systems, hot runners, aftermarket tooling, medical molds and specialty closure molds.
On July 13, 2017, Cheung Kong Property Holdings Ltd. (CKP) completed the acquisition of Reliance Home Comfort (Reliance) from investment funds managed by Alinda Capital Partners (Alinda), for an equity purchase price of approximately $2.82 billion.
On June 21, 2017, Odyssey Investment Partners, LLC (Odyssey), a leading middle-market private-equity firm completed the sale of its shares of the parent company and certain subsidiaries of Safway Group (Safway) to Brand Energy & Infrastructure Services, Inc. (Brand).
On February 5, 2016, Hudson’s Bay Company (HBC) closed a new global asset based loan facility with availability of up to US$1.9 billion provided by a syndicate of lenders led by Bank of America, N.A., as ABL Agent.
On February 1, 2016, TreeHouse Foods, Inc. (TreeHouse) (NYSE: THS) completed its US$2.7 billion acquisition of ConAgra Foods’ (ConAgra) (NYSE: CAG) private brands operations, which was initially announced on November 2, 2015.
On February 24, 2016, Nasdaq, Inc. (Nasdaq), by its newly formed, wholly owned subsidiaries, Maiclair Holdings ULC and Farm Church Holdings ULC, completed the acquisition of Marketwired L.P. (Marketwired), a leading global newswire operator and press release distributor company and a portfolio company of OMERS Private Equity.
On January 15, 2016, Manitoba Telecom Services Inc. (MTS) (TSX: MBT) completed the sale of its Allstream division to Zayo Group, LLC (Zayo), a leading provider of communications infrastructure and network-neutral colocation and connectivity, in an all cash transaction for $465 million.
On August 1, 2015, The WhiteWave Foods Company (WhiteWave), a leading consumer packaged food and beverage company, completed its US$550 million acquisition of Sequel Naturals Ltd. (dba Vega Foods) (Vega), a Vancouver-based maker of plant-based nutrition products. Before the acquisition, Vega was majority owned by Mr. Charles Chang and VMG Partners.
On December 17, 2015, BayBridge Seniors Housing Inc. (BayBridge), a wholly owned subsidiary of the Ontario Teachers’ Pension Plan Board, completed the acquisition of Amica Mature Lifestyles Inc. (Amica) pursuant to a statutory plan of arrangement under the CBCA for approximately $1 billion, including debt assumed.
On October 28, 2015, Apollo Global Management LLC, in partnership with Platform Specialty Products Corporation, completed its take-private acquisition of the OM Group, Inc. for US$34 per share in cash for a total of approximately US$1.03 billion.
On March 13, 2015, Goldcorp completed its $526 million acquisition of Probe Mines Limited by way of a plan of arrangement. Probe’s principal asset is the 100 per cent-owned Borden Gold project located near Chapleau, Ontario.
Essar Steel Algoma Inc. (Algoma) concluded its comprehensive US$1.4 billion recapitalization and refinancing. Algoma restructured certain of its existing debt obligations by way of a plan of arrangement under the CBCA and refinanced its outstanding debt through concurrent Term Loan, ABL, High Yield Debt and Junior Notes financings.
On February 27, 2015, Calgary-based Newalta Corporation (Newalta) completed the sale of its Industrial Division to Revolution Acquisition LP (Revolution), a subsidiary of Toronto-based Birch Hill Equity Partners Management Inc. (Birch Hill), for cash proceeds of $300 million. The Industrial Division is comprised of several business streams including major facilities and assets located across Canada. The sale creates a new stand-alone company, Terrapure Environmental, which has its headquarters in Burlington, Ontario.
An affiliate of Mattamy Homes Ltd. acquired all of the issued and outstanding shares of Monarch Corporation, the Canadian operations of US homebuilder Taylor Morrison Home Corporation, for CAD$335 million at closing, subject to customary post-closing adjustments. Immediately prior to the closing, approximately C$235 million of cash at Monarch was distributed to a subsidiary of TMHC for total proceeds of C$570 million from the share sale. The transaction closed following the satisfaction of customary closing conditions, including clearance by the Canadian Competition Bureau.
News Corp., through its subsidiary HarperCollins Publishers, acquired Harlequin Enterprises Limited from Torstar Corporation for $455 million in cash, subject to certain adjustments.
