Marc is a partner in the Financial Services Group with a particular emphasis in his practice on secured, unsecured and merger and acquisition financing, treasury management and financial derivatives-related matters, and reorganizational workouts and restructurings. Marc also handles extensive financing work in the subordinated/convertible debt, venture capital and private equity areas.
A few examples of Marc's work in these areas include:
· Acting for Summitt Energy in connection with its completion of a multi-year extension of its $100 million energy supply agreements with BP Canada.
· Acting as counsel to the Federal Government of Canada in connection with its portion of the restructurings and refinancings of General Motors and Chrysler.
· Acting for the Heico Companies of Chicago in connection with its US$225 million refinancing of its Canadian operations with JPMorgan Chase Bank.
· Acting as counsel for Harley Davidson Canada in connection with its renewal of syndicated bank credit facilities totalling US$500 million for a 3-year term to support its and HDFS Canada's commercial paper program and to fund its and HDFS Canada's lending activities and other operations.
· Acts for a number of TSX and NYSE reporting issuers in connection with corporate and finance matters.
· Acts for leading energy (electricity and natural gas) suppliers and marketers in Canada.
· Acts extensively for a number of Canadian and foreign banks in relation to loans, including syndicated financings, cross-border multi-currency transactions, project financings and LBO/MBO financings, as well as subordinated lending transactions.
· Acts extensively for labour sponsored venture funds in connection with their securities and tax regulatory needs, as well as in connection with their investments in equity, quasi-equity and qualified debt obligations.
· Routinely acts for foreign and domestic lenders, monitors and receivers in connection with special accounts, work-out related, security enforcement and receivership files. Experience includes lead counsel roles in connection with various current or recent high profile insolvency and CCAA proceedings, such as Ivaco Inc., Tahera Diamond Corporation, Brute Engineering, Cedar Grove School and Brooklin Concrete.
· Acted for a large Canadian pension fund as lender with the structuring, drafting and negotiating of a complex securities lending arrangement.
· Acted for Bear Stearns & Co. Inc. and RBC Capital Markets in connection with the $1.37 billion buy-out of Gateway Casino Income Fund by New World Gaming Partners Ltd., a joint venture controlled by Macquarie Group Limited.
· Acted for J.P. Morgan Chase, N.A. in connection with the establishment of a $125 million warehousing facility for Porsche.
· Routinely acts for regulated financial institutions in connection with their derivatives businesses and dealings with regulators.
· Acts extensively for financial institutions and end-users of swaps and other financial derivative instruments in the treasury management and commodities areas.
· Acts extensively for the investment banking arm of a U.S. financial institution in relation to a number of asset backed securitization programmes established in Canada.
Marc is the author of various articles published in legal journals and texts. He speaks frequently at derivatives, secured lending, insolvency and restructuring, and law reform conferences and bank seminars. In addition to his adjunct faculty work at the University of Toronto Faculty of Law in the late 1990's, where he led classes in debt financing and restructuring, Marc has been an adjunct faculty member at Osgoode Hall Law School at York University since 2005, where he teaches advanced financing law in the graduate banking programme.
Achievements
· Chambers Global 2012 (Banking & Finance)
· Chambers Global 2011 (Banking & Finance)
· Chambers Global 2010 (Banking & Finance)
· Chambers Global 2009 (Banking & Finance)
· Martindale-Hubbell, BV Distinguished™ rating
· Vice President, Boston University's Alumni Association of Canada
Associations
· Canadian Bar Association (Insolvency Law Section)
· Canadian Insolvency Foundation
· Insol International
· Ontario Bar Association
· Ontario Junior Hockey League (Junior "A") Board of Governors
In The News
Cassels Brock Practices Recognized as Among the Country's Best
Cassels Brock Recognized in Chambers Global 2012
Cassels Brock Recognized in Chambers Global 2011