GCR 100 2024

Stikeman Elliott

Stikeman Elliott

Professional notice

Canada

Elite

Toronto-based partner Michael Kilby heads up the competition team at STIKEMAN ELLIOTT, which boasts eight other partners, four counsel and 10 associates. Stikeman acted for HSBC on its sale to Royal Bank of Canada, which was the largest banking merger in Canadian history. It also advised Mars on its €4.7 billion acquisition of Champion Petfoods and counselled Neighbourly Pharmacy on its €302 million purchase of Rubicon Pharmacies. The former transaction was cleared by the Competition Bureau without remedies in Phase I while the latter deal was approved subject to Neighbourly agreeing to divest two pharmacy locations in Saskatchewan. Elsewhere, the team is defending chemical products manufacturer Resonac in multiple class actions accusing the company of fixing prices for electrolytic capacitors and film capacitors. UBS tapped Stikeman Elliott to represent it in separate but related damages claims filed in Ontario and Quebec, alleging the company and its rivals conspired to manipulate the price of gold and silver between January 2004 and December 2016.

FirmHead(s) of competitionSizeNo. WWL nomineesClients
Elite
Stikeman ElliottMichael Kilby9 partners, 4 counsel, 10 associates7Air Canada, GFL, Saputo, Canadian National Railway, WSP Global, Telus, Sobeys, Resolute Forest Products, CIBC, Postmedia

Stikeman Elliott’s Competition & Foreign Investment Group provides sophisticated, pragmatic advice on major national and international transactions, as well as day-to-day compliance across all industries. On the litigation side, the team handles high stakes exposures in the criminal, regulatory and class action spheres, using dynamic and highly effective courtroom advocacy and a razor-sharp strategic approach.

The firm is one of the most active transactional law firms in Canada, with a deep understanding of the competitive dynamics of Canada’s major industrial and commercial sectors. As such, they can effectively evaluate and structure transactions to manage the risk of regulatory intervention by the Commissioner of Competition and other governmental agencies. The team, which includes Michael Kilby, Michael Laskey, Kevin Ackhurst and Paul Collins, in Toronto, has acted on the most noteworthy foreign investment transactions in recent years, representing both Canadian targets and foreign purchasers. Clients rely on the team’s unique ability to coordinate the increasingly important public relations and government relations aspects of competition and foreign investment review. Susan Hutton and Lawson Hunter also have highly active regulatory practices in the firm’s Ottawa office.

Stikeman Elliott’s award-winning competition litigation practice (“Competition Litigation Firm of the Year” by Benchmark Canada Awards) is a recognized market leader, with top-ranked counsel including Katherine Kay (described as “arguably the best competition litigator Canada has to offer” in a previous GCR report), and internationally-ranked Eliot Kolers and Danielle Royal handling the full spectrum of client issues, from cartel investigations, prosecutions and resolutions, to immunity and leniency applications, to contested mergers and other civilly reviewable matters before the Competition Tribunal, to defence of class actions and other lawsuits alleging competition law violations and economic torts. The team’s reputation for vigorous advocacy and strategic focus on our clients’ interests, in the courtroom and at the negotiating table, serves clients as they face the Competition Bureau, Public Prosecution Service of Canada, and class action plaintiffs.

Once again, Stikeman Elliott has been recognized in Global Competition Review’s GCR 100 as an “Elite firm” in Competition. The team also received “Merger control matter of the year” by both Global Competition Review (Europe) and Global Competition Review (Asia-Pacific, Middle East and Africa), and “Matter of the year” by Global Competition Review. Most recently, the firm’s Competition & Foreign Investment Group has been recognized by Chambers Canada 2024 (Band 1)Chambers Global 2023 (Band 1)The Canadian Legal Lexpert Directory 2023; Best Lawyers in Canada 2024; and The 2023 Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada.

Website: www.stikeman.com/

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