Éric Lévesque is a partner in the Tax Group. He provides tax and legal advice on Canadian and cross-border mergers & acquisitions, cross-border structuring and financing, investment fund structuring and the taxation of financial instruments. An important part of his practice also involves advising Canadian pension funds on their various investments. He has also worked closely on the tax aspects of setting up various investment funds, and on advising tax exempts and institutional investors, certain public companies, as well as high-net-worth individuals.
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.