Stikeman Elliott is one of six Canadian firms in the GCR 100. All told, the firm has eight equity partners and eight associates who specialise in competition. The competition practice boasts three Who's Who nominees – practice leader Paul Collins, Katherine Kay and Susan Hutton. The group grew in January when Randall Hofley returned to the firm's Ottawa office. He had been serving as special counsel to Canada's commissioner of competition in 2005 and 2006.
Stikeman Elliott LLP
|Global head: Paul Collins|
|Home jurisdiction: Canada|
|Total size of firm: 460|
|No. of competition lawyers: 16|
|% of firm specialised: 3|
|Who's Who nominees: 3|
|Equity partners: 8|
|Senior associates: 3|
|No. of lateral partner hires: 1|
|No. of partner departures: 0|
|No. of internal promotions: 0|
This year, Stikeman Elliott worked on some of the largest and most complex deals in Canada and internationally. For example, it co-advised telecoms company Bell Canada on a C$51.7 billion takeover by a Canadian consortium – the largest private-equity deal in the country's history. It acted for Brazilian mining company Companhia Vale do Rio Doce in its US$17 billion acquisition of Canadian rival Inco. The headline-making deal was the largest purchase ever made by a Brazilian company.
Also in the mining sector, Stikeman Ellitott acted for Alcoa in its US$32 billion bid for Alcan, which was eventually withdrawn following a higher bid by Rio Tinto. The largest hostile takeover attempt in Canadian history, the deal would have created the world's largest aluminium producer. In the steel sector, meanwhile, the firm advised Mittal Steel on its US$33 billion acquisition of Arcelor.
One of the most important deals of the year in terms of Canadian competition law was Labatt's takeover of rival brewer Lakeport. Stikeman Elliott advised the latter. Canada's competition commissioner applied to put the deal on ice, as bureau staff wanted more time to review the merger. The Competition Tribunal dismissed the application.
Other deal work includes advising Reuters Founds Share Company Limited on the US$17 billion Thomson/Reuters tie-up, and acting for Bank of New York and Mellon Bank Financial in their US$16.5 billion merger.
Meanwhile, Stikeman's litigation team has advising Air Canada in connection with the global air cargo investigation and in follow-on class proceedings brought in several Canadian provinces. The firm is also representing Infineon Technologies in the first contested certification motion in a price-fixing class action in the province of British Columbia.
Stikeman Elliott LLP's Competition/Antitrust Group is a highly regarded market leader in Canada, consistently recognized for its in-depth knowledge and expertise in the practice of competition law. The Group has extensive experience acting on major transactions, criminal investigations, class and other civil actions, Competition Tribunal proceedings regarding mergers and other reviewable matters, and day-to-day compliance in a wide range of industries. Corporations frequently seek the Group's counsel on high-profile mergers in which coordinated resolution of regulatory issues is critical. When corporations find themselves subject to proceedings under the Competition Act, either before the courts or the Competition Tribunal, we have unmatched experience to effectively represent them. In criminal and class and other private actions, the Group frequently represents Canadian, American, European and Asian corporations.
The Group's global reach allows members to work closely with attorneys in the Canadian, European, U.S. and Pacific Rim offices of Stikeman Elliott, and collaborate effectively with colleagues in leading U.S. and European law firms. Consistent high rankings of the Group are a product of its reputation in major cross-border and domestic transactions as well as its experience in criminal investigations, civil actions, and day-to-day compliance advice. The Group is listed in GCR 100 (2008) among the leading global competition law practices and in Chambers Global 2007 among the best of law firms and lawyers in Canada.
For information on competition law in Canada, please contact:
Katherine L. Kay
D. Jeffrey Brown
Shawn C.D. Neylan