22 Adelaide St W, Suite 3400, Bay Adelaide Centre, East Tower, Toronto, ON
Year called to bar: 2006 (ON)
Timothy McCormick is a partner practising corporate and securities law in the firm’s Toronto office. 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. Among other clients, Tim advises leading public and private satellite companies, including Geospatial and Low Earth Orbit constellations and networks. Tim is frequently involved in transactions with 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.
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.