Peter D. Ruby
Peter D. Ruby
Partner at Goodmans LLP
(416) 597-4184
(416) 979-1234
333 Bay St, Suite 3400, Bay Adelaide Ctr, W Twr, Toronto, ON
Year called to bar: 1996 (ON)
Partner. National and international practice focused on business and IT-based dispute resolution, including software, film, AI, quantum computing, television, privacy/data protection and breach, intellectual property, e-commerce/internet litigation, arbitration, mediation, and advice. Represents large multinational organizations and some of Canada’s most entrepreneurial IT companies including Oracle, NBCUniversal, SAP, Bell Media, Nortel’s monitor, Trader Corporation, Business Development Bank of Canada, and many others in proceedings before arbitrators, the Supreme Court of Canada, the courts of Ontario, Canada’s national telecommunications and broadcast regulator, and other tribunals. Recognized in Chambers Canada and Chambers Global, The Legal 500 Canada, Euromoney’s Guide to The World’s Leading Information Technology Lawyers, Best Lawyers in Canada, Benchmark Canada, Who’s Who Legal, and by Lexpert. Member: International Technology Law Association (Exec Committee and former co-Chair of the Dispute Resolutions Committee), Canadian Technology Law Association (former director), and the Toronto Computer Lawyers Group. Former Professor of Law (Adj.) at the University of Toronto. Arbitrator and mediator with Arbitration Place and ICDR.
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Nortel Networks Corporation (Nortel Canada) is the Canadian parent company of what was one of the largest telecommunications businesses in the world. In early 2009, formal insolvency proceedings were commenced in Canada, the United States and England, among other places. Nortel’s worldwide business was liquidated through a number of Court-approved sales of its business units and a US$4.5-billion sale of its residual patents, resulting in US$7.3 billion of global sale proceeds to be allocated amongst the Nortel debtor companies in Canada, the United States and Europe.
On June 30, 2017, Stelco Inc. (Stelco), formerly U.S. Steel Canada Inc., emerged from Companies’ Creditors Arrangements Act (CCAA) proceedings through the implementation of a CCAA plan. This involved the compromise of more than $2 billion of debt and the restructuring of approximately $2 billion of pension and benefit obligations.
Enbridge Inc. (TSX:ENB)(NYSE:ENB) (Enbridge) completed its stock-for-stock transaction with Spectra Energy Corp (NYSE:SE) (Spectra Energy), creating North America’s largest energy infrastructure company with an enterprise value of approximately $165 billion. The transaction valued Spectra Energy’s common stock at approximately $37 billion and is the largest foreign acquisition ever completed by a Canadian company.
On October 28, 2015, Match.com Canada Ltd., a subsidiary of The Match Group, completed its previously-announced acquisition of Canadian online dating service Plentyoffish Media Inc. (POF) for US$575 million in cash. The Match Group, which already owns Match.com, OkCupid and Tinder and has filed its IPO on the NASDAQ, now adds POF, the largest free online dating site in the world, to its portfolio. Match is a wholly-owned subsidiary of US media and internet giant IAC/InterActiveCorp.