Jon Truswell's practice focuses on mergers and acquisitions, equity and debt financings, reporting issuer compliance, commercial agreements and governance of both for-profit and not-for-profit organizations.
Jon's principal area of practice focuses on domestic and cross-border mergers and acquisitions transactions acting for the acquirer, target and special committees. Jon also has significant corporate finance experience in public and private debt and equity financings in Canada and the U.S. In addition, Jon has experience in corporate reorganizations and spin-outs; corporate governance; continuous disclosure; and general commercial transactions.
Jon is a former Chair and a member of the board of governors of the Lindsay Park Sports Society, a not-for-profit society that manages and operates the Talisman Centre in Calgary, Alberta. Currently, Jon is a member of the Board of Directors of the Prostate Cancer Foundation and the Prostate Cancer Centre.
Jon is a hockey coach with the Springbank Minor Hockey Association.
•Counsel to Repsol S.A. in connection with the proposed $15.1 billion acquisition of Talisman Energy Inc. (December 2014)
•Counsel to Teine Energy Ltd. in connection with the issuance of US$350 million in aggregate principal amount of 6.875% senior notes due 2022
•Counsel to underwriters in connection with the issuance of $500 million aggregate principal amount of series DF bonds by the Province of Alberta (May 2014)
News & Events
• Nicholas Fader, Jon Truswell and Adrienne Roy Update Quoted in the Financial Post on ASC Appeal
November 24, 2014 In the Financial Post article, ASC Seeks Leave to Appeal Insider Trading Decision, Julius Melnitzer quotes the Bennett Jones Corporate Finance Update by Nicholas Fader, Jon Truswell and Adrienne Roy.
• Jon Truswell Recognized Among Canada's Top 40 Lawyers Under 40
November 26, 2010 On November 25, 2010, Lexpert magazine recognized Canada's top 40 lawyers and corporate counsel under 40 at the Rising Stars Gala in Toronto, Ontario. Jon Truswell, a corporate partner in the firm's Calgary office was among the recipients of this award.
• Bennett Jones Announces Eight New Partners
April 20, 2006 Congratulations to the eight Bennett Jones associates who were unanimously voted into the partnership.
•2011, Lexpert Guide to the Leading U.S./Canada Cross-border Corporate Lawyers in Canada
Jon C. Truswell, recognized as a Canadian Corporate Lawyer to Watch
•2010, Lexpert's Rising Stars: Leading Lawyers Under 40
Jon C. Truswell, recognized as one of Canada's leading 40 lawyers under 40
• ISS Announces 2015 Canadian Proxy Voting Guideline Updates
November 18, 2014
Institutional Shareholder Services (ISS) released updates to its Canadian proxy voting guidelines for the upcoming 2015 proxy season. The ISS updates will apply to shareholder meetings of publicly traded Canadian companies occurring on or after February 1, 2015.
Recommendations from proxy advisory firms such as ISS can have a significant impact on the outcome of business conducted at shareholder meetings, especially if institutional investors comprise a significant component of the shareholder base. Canadian public companies should review the updates with their legal counsel to determine the likely impact and take steps to mitigate any potential adverse voting recommendations from ISS.
• Alberta Securities Commission Applies to SCC for Leave to Appeal Insider Trading Decision in Walton
November 17, 2014 The Alberta Securities Commission (ASC) has applied to the Supreme Court of Canada for leave to appeal the August 2014 decision of the Alberta Court of Appeal (Court) in Walton v Alberta (Securities Commission), 2014 ABCA 723 - a decision that has generated considerable legal and media attention. In Walton, the Court overturned various ASC rulings with respect to the insider trading, tipping and recommending/encouraging provisions of the Securities Act (Alberta). The focal points of the ASC's leave application concern the evidence necessary to prove allegations of illegal insider trading, tipping and recommending/encouraging, and the sanctions that may be imposed by the ASC on persons found to have engaged in such conduct. Commentators have suggested that, if the Court's decision in Walton stands, the ASC's ability to prosecute future insider trading cases will be adversely affected, particularly where an individual is alleged to have recommended that another person purchase or sell securities or encouraged that person to do so.
• Streamlining Disclosure for Venture Issuers
May 29, 2014 On May 22, 2014, the Canadian Securities Administrators (CSA) published for comment proposed amendments to National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102), National Instrument 41-101 General Prospectus Requirements (NI 41-101), National Instrument 52-110 Audit Committees (NI 52-110) and related companion policies. The proposed amendments, if adopted, would streamline and tailor disclosure for venture issuers and make the disclosure requirements for venture issuers more manageable for issuers at their stage of development.