199 Bay St, Suite 5300, Commerce Court West, Toronto, ON
Year called to bar: 1992 (ON)
Lorna Cuthbert is a partner in and former Head of the Toronto Employment & Labour
Group. Lorna is an active member of the firm’s National Diversity, Equity & Inclusion Committee and a member of the Management Committee in the Toronto office. Lorna previously served on the firm’s Partnership Board where she led the Advancement of Women and Diversity & Inclusion Initiatives. Her practice focuses on all matters relating to employment and labour law, with particular focus on the human resources aspects of commercial matters. She advises major national clients on the employment and labour ramifications related to numerous mergers & acquisitions, restructurings, outsourcing, and insolvency mandates. Lorna is also particularly skilled in advising international companies on entering and establishing themselves in Canadian markets. Lorna’s wide-ranging expertise includes negotiating executive employment agreements and working with employers and their Boards of Directors on complex executive employment matters, consulting agreements, and termination arrangements, and regularly advises multinational corporations in establishing operations in Canada, including in relation to business immigration requirements.
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 10, 2018, First Majestic acquired all of the issued and outstanding common shares of Primero Mining Corp. (Primero) and shareholders of Primero received 0.03325 First Majestic shares for each share of Primero held pursuant to a court-approved plan of arrangement under the Business Corporations Act (British Columbia).
On March 28, 2018, Platinum Equity Capital Partners IV (Platinum Equity) completed the acquisition of Husky Injection Molding Systems (Husky) from Berkshire Partners and OMERS Private Equity for $4.95 billion (US$3.85 billion). Based in Bolton, Ont., Husky is a global supplier of highly engineered injection molding equipment and services for the plastic injection molding equipment industry, and a leading provider of PET systems, hot runners, aftermarket tooling, medical molds and specialty closure molds.
On October 31, 2017, Neuberger Berman Group LLC (Neuberger), a global, independent, employee-owned investment manager, completed its acquisition of Breton Hill Capital Ltd. (Breton Hill), a Canadian investment firm managing approximately US$2 billion in client assets.
On July 17, 2017, Norgine B.V., a European specialist pharmaceutical company, acquired all issued and outstanding shares of Merus Labs International Inc. (Merus), pursuant to a plan of arrangement for $1.65 per common share in cash, including the assumption of all debt obligations, for a total enterprise value of approximately $342 million.
Vista Equity Partners (“Vista”) acquired all of the outstanding shares of Toronto-based DH Corp. (TSX: DH) (“D+H”), a leading provider of technology solutions to financial institutions globally, by way of a plan of arrangement for $25.50 per share in cash, for a total enterprise value of approximately $4.8 billion, including the assumption of D+H’s debt.
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.
Stikeman Elliott is acting as Canadian counsel to Castings Acquisition Corp., an affiliate company of The Carlyle Group, a major private investment fund based in Washington, D.C., in its proposed acquisition (by way of plan of arrangement), of all of the outstanding common shares of Tritech Precision Inc. and all of the outstanding Class A common shares of Trimin Enterprises Inc.