199 Bay St, Suite 5300, Commerce Court West, Toronto, ON
Year called to bar: 1997 (ON)
John Ciardullo is the Managing Partner of the Toronto office where he is responsible for overseeing management, strategic direction, and client service. He is also a member of the Partnership Board, Executive Committee, Management Committee, and Diversity, Equity & Inclusion Committee. He is the former Head of the Corporate Department and the Capital Markets and Public Mergers & Acquisitions Groups. John has expertise in a broad range of corporate transactions and has led some of Canada’s most noteworthy domestic and cross-border M&A and restructuring transactions. He has significant experience advising Canadian boards, special committees, banks, regulatory authorities, and governments on a wide variety of matters, including compliance with legal, regulatory, and fiduciary issues; crisis management; and transactional matters such as acquisition and defence strategy. John’s stand-out M&A expertise is recognized by the legal industry’s most reliable and trusted sources. In 2021, John was the only Canadian named among the Top 50 Global M&A Lawyers by Global M&A Network, which identifies highly respected, successful, and innovative lawyers from worldwide deal-making communities.
On November 30, 2018, Essar Steel Algoma Inc. (“ESAI”) concluded its comprehensive restructuring under the Companies’ Creditors Arrangement Act by way of the sale of substantially all of its assets to Algoma Steel Inc. (“ASI”).
On May 1, 2017, all of the issued and outstanding common shares of Halogen Software Inc. (“Halogen”) were acquired by Saba Software Inc. (“Saba”), Vector Capital and its affiliates (“Vector”), and Michael Slaunwhite, Halogen’s founder, executive chairman and largest shareholder.
On June 1, 2016, pursuant to an agreement and plan of merger dated January 18, 2016, (the “Merger Agreement”) between Waste Connections, Inc. (formerly known as Progressive Waste Solutions Ltd. (“Progressive Waste”)), Water Merger Sub LLC (“Merger Sub”) and Waste Connections US, Inc. (formerly known as Waste Connections, Inc.) (“Old Waste Connections”), Merger Sub merged with and into Old Waste Connections (the “Merger”), with Old Waste Connections surviving the Merger as a wholly owned subsidiary of Progressive Waste.
On January 15, 2016, Sprott Asset Management completed its successful hostile takeover bid to acquire all of the outstanding units of Central GoldTrust in exchange for units of Sprott Physical Gold Trust on a net asset value to net asset value basis. The transaction was valued at over $1 billion.
Centerra Gold Inc. (Centerra) and Premier Gold Mines Limited (Premier) entered into a 50/50 limited partnership for the joint exploration and development of Premier’s Trans-Canada Property in Northern Ontario. Under the terms of the joint venture agreements, Centerra will contribute up to $300 million in cash to the limited partnership in consideration for its 50 per cent interest in the limited partnership, while Premier will contribute all property, assets and rights it holds in respect of the Trans-Canada Property to the limited partnership in consideration for its 50 per cent interest in the limited partnership.
Essar Steel Algoma Inc. (Algoma) concluded its comprehensive US$1.4 billion recapitalization and refinancing. Algoma restructured certain of its existing debt obligations by way of a plan of arrangement under the CBCA and refinanced its outstanding debt through concurrent Term Loan, ABL, High Yield Debt and Junior Notes financings.
Mandalay Resources Corporation and a fund advised by West Face Capital Inc. completed a secondary offering by West Face of 40,000,000 common shares of Mandalay at a price of $1.10 per common share for gross proceeds to West Face of $44,000,000.