130 Adelaide St W, Suite 1005, Box 17, Richmond-Adelaide Centre, Toronto, ON
Year called to bar: 1997 (ON)
Terra Klinck is an experienced pension and benefits lawyer with Brown Mills Klinck Prezioso LLP, a pension, benefits, and executive compensation law boutique. Terra has extensive experience advising employers on pension and benefit matters in the context of large corporate transactions, including mergers & acquisitions, insolvencies, and restructuring. She has advised many employers on the termination and/or restructuring of their legacy defined benefit pension arrangements, including investment restructuring and de-risking initiatives, and the full closure of defined benefit plans. Terra provides advice to provincially and federally regulated employers and administrators on legal issues relating to registered pension plans and savings plans and supplementary pension plans, including plan governance, funding, investment, and administrative matters. In addition to her pension and benefits practice, Terra also advises clients on executive compensation matters. Terra previously received the Lexpert Zenith Award for mid-career excellence. She is recognized for her expertise by Chambers Canada, The Best Lawyers in Canada, and Who’s Who Legal as well as Lexpert®.
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.
Postmedia Network Inc. (Postmedia) completed the acquisition of Sun Media Corporation’s (Sun Media) English language newspapers and speciality publications, as well as digital properties including the Sun chain of dailies, consisting of The Toronto Sun, The Ottawa Sun, The Winnipeg Sun, The Calgary Sun and The Edmonton Sun, as well as The London Free Press and the free 24 Hours dailies in Toronto and Vancouver, from Quebecor Media Inc. (the Sun Media Acquisition).