Claire Zikovsky is a partner in the Corporate Group, who practises corporate and commercial law, specializing in public and private Mergers & Acquisitions, Restructuring & Insolvency. Claire's experience includes advising several Canadian and foreign clients in cross-border acquisitions, divestitures or reorganizations. She has worked with businesses in various industries, including the paper, power, retail, manufacturing and telecommunications sectors.
Element Financial Corporation acquired the assets and operations of PHH Arval, PHH Corporation's North American fleet management services business, for a purchase price of US$1.4 billion in cash. Element also assumed PHH's obligations under the PHH fleet securitization programs in the US and Canada.