199 Bay St, Suite 4000, Commerce Court West, Toronto, ON
Year called to bar: 2005 (ON)
Ryan practises securities litigation with a focus on securities transactional disputes, securities class action defence, and securities regulatory proceedings. Ryan has successfully litigated some of the most significant recent securities transactional disputes in Canada. He regularly acts in contested plan of arrangement proceedings, contested share sale transactions, oppression and fair value proceedings, proxy fights, and transactions challenged before securities commissions. Ryan is a leading defence counsel on securities class actions related to financial products, including exchange traded funds, mutual funds and syndicated mortgages. He also regularly defends issuers, underwriters, directors and officers in class actions involving prospectus misrepresentation and secondary market disclosure, including before the Supreme Court of Canada. Ryan has represented clients in enforcement proceedings before the securities commissions in British Columbia, Alberta, Saskatchewan, Ontario and Québec. Ryan advises securities brokers and dealers on matters of regulatory compliance and frequently acts for clients involved in regulatory investigations.
On March 14, 2019, Aleafia Health Inc. (TSX: ALEF) completed its acquisition of Emblem Corp. (TSXV: EMC) by way of a plan of arrangement under the provisions of the Canada Business Corporations Act in an all share transaction valued at approximately $172.3 million at the time of the deal’s announcement. Pursuant to the arrangement, Aleafia acquired all of the common shares of Emblem, to form a new wholly-owned subsidiary continuing as “Emblem Corp.” Following the transaction, Aleafia graduated from the TSX Venture Exchange and commenced trading on the Toronto Stock Exchange.
On July 31, 2018, Galaxy Digital Holdings Ltd. (Galaxy) completed an arrangement transaction pursuant to which Bradmer Pharmaceuticals Inc., Galaxy Digital LP and First Coin Capital Corp. combined to form a new enterprise in the blockchain, digital asset and cryptocurrency space.
On March 12, 2018, HLS Therapeutics Inc. (HLS:TSXV) announced the completion of a reverse take-over of TSXV-listed Automodular Corp. to conclude HLS’s going-public transaction. The transaction was implemented by way of a Court-approved plan of arrangement under the OBCA.
On November 1, 2017, The Washington Cos. (Washington), a group of privately held North American mining, industrial and transportation businesses founded by industrialist and entrepreneur Dennis R. Washington, completed its acquisition of Dominion Diamond Corp. (Dominion) for approximately $1.5 billion.