199 Bay St, Suite 5300, Commerce Court West, Toronto, ON
Year called to bar: 1997 (ON)
John Ciardullo is a partner and Head of the Corporate Group in the Toronto office, and is the former Head of the Capital Markets and Public Mergers & Acquisitions Group. He has significant experience in a wide range of corporate and securities transactions, with particular emphasis on complex merger & acquisitions transactions, proxy contests/contested meetings, and corporate finance transactions. In this context, he counsels clients on a wide variety of matters, including transaction structuring, acquisition and defence strategy, and compliance with fiduciary duties, as well as other relevant aspects of applicable law. John is recognized in Chambers Global, Chambers Canada, International Financial Law Review’s IFLR1000: The Guide to the World’s Leading Financial Law Firms, The Best Lawyers in Canada, The Legal 500 Canada, The Lexpert®/American Lawyer Guide to the Leading 500 Lawyers in Canada, and The Canadian Legal Lexpert® Directory, among others. Chambers Global has described John as "unbelievably driven and super hard-working … He provides not just pure legal advice but strategic and commercial advice as well. John is practical and solutions-oriented." He is a former member of the Securities Advisory Committee to the Ontario Securities Commission.
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.