100 King St W, Suite 1600, 1 First Cdn Pl, Toronto, ON
Year called to bar: 2000 (ON)
Parna Sabet-Stephenson is a partner in Gowling WLG’s Toronto office and co-leader of the firm’s Fintech Group and Insurtech Group. Her practice focuses on all aspects of outsourcing, technology law, and e-commerce. She also advises on the legal implications of emerging technologies including blockchain and the Internet of Things. Parna assists domestic and international customers and service providers in a range of industries including telecommunications, financial services (Canadian and foreign banks, insurance companies, and credit unions), retail (bricks & mortar and online), pharmaceutical, energy, technology, and automotive. She has extensive experience in structuring, negotiating, and drafting various outsourcing (BPO and ITO), joint venture, technology acquisition, technology development, licensing, supply, cloud services, and complex services agreements. Parna is regularly called upon in respect of technology transformation and digitization projects. Fluent in English, French, and Farsi, Parna is a member of the Canadian delegation to the e-commerce working group (Working Group IV) of the United Nations Commission on International Trade Law. She has been recognized in Chambers Global, Chambers Canada, The Canadian Legal Lexpert®Directory, and The Best Lawyers in Canada.
De Havilland Aircraft of Canada Limited (“DHC”) completed the acquisition of substantially all of the assets of the Dash 8 aircraft program from Bombardier Inc. (“Bombardier”) for gross proceeds of approximately US$300 million
Intact Financial Corporation, through a wholly owned subsidiary, completed its acquisition of all of the issued and outstanding shares of Canadian Direct Insurance Inc. from Canadian Western Bank. The acquisition was financed by IFC exclusively with excess capital. The acquisition enhances IFC’s position in Canada by extending its direct-to-consumer operations from coast to coast.