22 Adelaide St W, Suite 3400, Bay Adelaide Centre, East Tower, Toronto, ON
Year called to bar: 1995 (ON)
Subrata Bhattacharjee is a partner at BLG, National co-Chair of the Competition and Foreign Investment Review Group, and National Business Leader of the Corporate Commercial Group. He practises in competition/antitrust law, foreign investment law, and regulatory litigation, including cartel defence, quasi-criminal, and constitutional matters. He also has extensive foreign investment practice, and advises non-Canadian investors on Canadian foreign investment issues under the Investment Canada Act and other federal policies/legislation. Subrata is an officer of the ABA Section of Antitrust Law and former member of Council; Chair of the Canadian Chamber of Commerce Competition Law & Policy Committee; and non-governmental advisor of the International Competition Network. Routinely ranked by major domestic and international directories as one of Canada’s leading competition lawyers. He obtained his LLB from Dalhousie University and was a Fox Scholar at Middle Temple, UK.
Capital Power Corporation completed its acquisition of Goreway Power Station Holdings Inc., which owns the Goreway Power Station, from JERA Co., Inc. (JERA) and Toyota Tsusho Corporation for a total of $977 million.
On February 6, 2018, Innergex Renewable Energy Inc. (Innergex) completed the acquisition of Alterra Power Corp. (Alterra) by way of an arrangement agreement pursuant to which Innergex acquired all of the issued and outstanding common shares of Alterra for an aggregate consideration of $1.1 billion, including the assumption of Alterra’s debt.
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.
Revera Inc. and Health Care REIT, Inc. (HCN) have completed a transaction resulting in shared ownership of an additional 23 Canadian seniors living residences previously owned by Revera. As a result of the transaction, Health Care REIT owns a 75 per cent interest in the approximately US$634 million portfolio and Revera owns the remaining 25 per cent in Manitoba. Revera continues to manage these residences, earning fees through an incentive-based management contract. The 23 seniors living residences comprising the portfolio have approximately 2,900 suites and are located primarily in major Canadian markets in Ontario, Alberta. The HCN-Revera joint venture now owns a total of 70 seniors living residences across Canada with an aggregate 7,900 suites