Davit D. Akman
Davit D. Akman
(416) 869-5475
(416) 360-8877
40 King St W, Suite 2100, Scotia Plaza, Toronto, ON
Year called to bar: 2001 (ON)
Davit advises on all aspects of Canadian competition/antitrust and foreign investment review law, including mergers, cartel defence, and civil matters. He has acted as counsel for private parties and the Commissioner of Competition in numerous proceedings before the Canadian Competition Tribunal and in class actions and other complex, civil, and criminal competition litigation matters at all levels of court in Canada, including the Supreme Court of Canada. Davit is co-lead counsel for one of Canada’s largest grocery retailers and one of the two largest Canadian bread wholesalers in criminal and class action proceedings related to commercial bread pricing arising from what the former Commissioner of Competition has described as “the largest alleged conspiracy in the history of Canadian competition law enforcement.” He is the Chair of the Antitrust Law Committee of the ABA Business Law Section. Davit clerked at the Supreme Court of Canada for Justice Louise Arbour. Select Recognition: Chambers (Global and Canada), Who's Who Legal: Competition (Global Leader and National Leader – Canada), The Legal 500 Canada, The Best Lawyers in Canada.
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On August 31, 2018, the Government of Canada indirectly acquired the Trans Mountain Pipeline system and the Trans Mountain Expansion Project (TMEP), through Trans Mountain Corp. (a subsidiary of the Canada Development Investment Corp. (CDEV)) from a subsidiary of Kinder Morgan Canada Ltd. (KML) for cash consideration of $4.5 billion.
On December 15, 2017, Dometic AB, a Sweden-based maker and seller of products for mobile living, such as vehicle parts, food and hygiene items, announced its acquisition of SeaStar Solutions, a leading provider of vessel control and fuel systems and aftermarket products to the leisure marine industry, from an affiliate of New York-based private equity company American Securities LLC.
On April 3, 2017, Stone Canyon Industries, LLC (SCI) announced the successful closing of its previously announced purchase agreement to acquire Mauser Group N.V. (Mauser), a global supplier of rigid packaging products and services for industrial use, from Clayton, Dubilier & Rice (CD&R), through its subsidiary BWAY Corp. (BWAY), a leading North American manufacturer of rigid metal and plastic containers.