130 Adelaide St W, Suite 1005, Box 17, Richmond-Adelaide Centre, Toronto, ON
Year called to bar: 1988 (ON)
Elizabeth Brown, a founding partner of Toronto-based Brown Mills Klinck Prezioso LLP, is an experienced pension, benefits, and executive compensation lawyer. She advises public and private sector employers on regulatory, governance, compliance, and administration matters relating to pension and employee benefits plans. She is currently counsel to the Employer Sponsor of the University Pension Plan Ontario and was appointed by the Nova Scotia Government and the Nova Scotia Teachers Union in 2021 as a member of the expert panel concerning the funding of the Teachers’ Pension Plan. Elizabeth appears as counsel on pension litigation disputes and has extensive experience advising on large jointly sponsored pension plan merger, governance, insolvencies, and reorganizations. She provides advice to plan sponsors and administrators of jointly sponsored pension plans, defined benefit and defined contribution plans, and savings and profit-sharing plans. Elizabeth is recognized for her expertise in employee benefits law by The Best Lawyers in Canada and was named "Lawyer of the Year" in 2021. In addition to The Canadian Legal Lexpert® Directory, she is recognized by Chambers Global and Chambers Canada; The Legal 500 Canada; and Who's Who Legal: Canada.
On June 30, 2017, Stelco Inc. (Stelco), formerly U.S. Steel Canada Inc., emerged from Companies’ Creditors Arrangements Act (CCAA) proceedings through the implementation of a CCAA plan. This involved the compromise of more than $2 billion of debt and the restructuring of approximately $2 billion of pension and benefit obligations.