855 2nd St SW, Suite 3500, Bankers Hall, East Twr, Calgary, AB
Year called to bar: 2003 (ON); 2010 (AB)
Sean is involved in all issues relating to pension and employee benefits plans including fiduciary duties, pension fund investments, plan terminations, ongoing plan administration and compliance issues, disputes over the use of plan assets, development and documentation of pension and employee benefit plans, and issues arising from corporate transactions and commercial insolvencies. Sean also advises on the establishment and implementation of incentive compensation arrangements, including stock option, phantom stock, share appreciation rights, deferred share unit plans, employees' profit-sharing plans and supplementary retirement plans. During the course of his legal career, Sean has twice been seconded to major Canadian financial institutions to assist with pension and benefit-related issues. Sean is a frequent speaker at industry events across the country, and has written articles on issues related to pension and employee benefits for many industry publications, including Benefits Canada, Compensation & Benefits Update, Employee Benefits News Canada, and the Lancaster House Pension and Benefits E-Bulletin.
On August 31, 2018, the Government of Canada indirectly acquired the Trans Mountain Pipeline system and the Trans Mountain Expansion Project (TMEP), through Trans Mountain Corp. (a subsidiary of the Canada Development Investment Corp. (CDEV)) from a subsidiary of Kinder Morgan Canada Ltd. (KML) for cash consideration of $4.5 billion.
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.