199 Bay St, Suite 5300, Commerce Court West, Toronto, ON
Year called to bar: 2006
Timothy McCormick is a partner practising corporate and securities law in the firm’s Toronto office with an emphasis on domestic and cross-border mergers & acquisitions, doing private transactions and debt and equity financings in the capital markets. Tim’s clients include Canadian, US and foreign public, private and multinational companies representing a broad range of industries, investment and merchant banks, private equity firms, hedge funds and sovereign funds. Tim is frequently involved in transactions having international aspects and has extensive experience in a variety of commercial and corporate finance matters, including initial public offerings, alternative go-public transactions, restructurings, reorganizations, joint ventures, and debt and equity financings. Additionally, Tim has assisted in setting up Canadian operations of multinational corporations, as well as the incorporation and shareholders’ agreement in connection with domestic start-ups. Tim is a member of the Law Society of Ontario and the Canadian Bar Association. He has spoken and written on various topics relating to corporate and securities law.
A wholly owned subsidiary of Amaya Gaming Group Inc. completed its acquisition of 100 per cent of the issued and outstanding shares of privately held Oldford Group Limited, the parent company of Isle of Man-headquartered Rational Group Ltd., the owner and operator of the PokerStars and Full Tilt Poker brands, in an all-cash transaction for an aggregate purchase price of US$4.9 billion, including certain deferred payments and subject to customary purchase price adjustments.