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 counsel to the Employer Sponsor of the University Pension Plan Ontario and was appointed by the Nova Scotia Government 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 mergers, insolvencies, and reorganizations. She provides advice to sponsors and administrators of jointly sponsored plans, defined benefit and defined contribution plans, and savings and profit-sharing plans. Elizabeth is recognized by The Best Lawyers in Canada and was named "Lawyer of the Year" in 2021. She has also been recognized by Chambers Global; Chambers Canada; The Legal 500 Canada; Who's Who Legal: Thought Leaders Global Elite. A former Chair of the National Pension and Benefits Section of the Canadian Bar Association, Elizabeth received the OBA Award of Excellence in Pensions and Benefits Law in 2017.
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.