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 leads 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. Parna assists domestic and international customers and service providers in a range of industries including telecommunications, financial services, retail, 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. 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 and The Canadian Legal Lexpert Directory. Parna received the Best Lawyers 2023 FinTech Practice "Lawyer of the Year" award in Toronto. She has also championed a number of initiatives for providing leadership and career opportunities for women.
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.