Will Osler is co-head of the firm's capital markets and mergers & acquisitions practice. He practices in the areas of securities law, mergers and acquisitions and corporate governance matters, with a particular focus on the oil and gas sector. He has significant experience in public and private offerings of equity and debt securities, acting for both issuers and underwriters, as well as Canadian and international takeover bids, plans of arrangement and asset and share purchase transactions. He has represented clients in several of Canada's largest recent initial public offerings. His corporate governance advisory work includes advising corporations and boards of directors with respect to general compliance matters as well as specific issues arising out of transactions. He is a frequent speaker at conferences on a variety of business law topics and was Chair of Insight's 2013 Advanced Mergers and Acquisitions Conference.
Will is recognized by Chambers Global: The World's Leading Lawyers for Business for Corporate/M&A; the Canadian Legal Lexpert Directory for Corporate Finance & Securities; the Lexpert/Report on Business Special Addition - Canada's Leading Energy Lawyers; the Lexpert/Report on Business Special Edition - Canada's Leading Infrastructure Lawyers; Who's Who Legal: Canada as a leading lawyer in Capital Markets; and Best Lawyers in Canada as one of Canada's leading Mergers and Acquisitions lawyers.
Will was a member of the firm's partnership board from 2009 to 2011. He is currently a director of the Calgary Stampede, a trustee of the Calgary Health Trust and a director of the Kidney Foundation of Canada Southern Alberta Branch.
•Canaccord Genuity Corp., as lead underwriter, in connection with the public offering of Hemisphere Energy Corporation of units and flow-through shares for aggregate gross proceeds of $4 million.
•Macquarie Capital Markets Canada Ltd., as lead underwriter, in connection with the public offering by Surge Energy Inc. of 9,660,000 subscription receipts for aggregate gross proceeds of $63 million.
•National Bank Financial Inc., as co-lead underwriter, in connection with the public offering by Manitok Energy Inc. of flow-through common shares for aggregate gross proceeds of $25 million.
News & Events
• Alan Rautenberg and Will Osler in the Globe and Mail on Cross-border Tax Schemes
November 26, 2013
In the Globe and Mail article by David Israelson, CRA Zeroes In On Tax 'Treaty Shopping', Alan Rautenberg comments on efforts by the OECD to prevent major companies from using tax havens. Will Osler also comments in the article on the importance of resource companies fully understanding the method used to finance its corporate transactions and how that financing will be treated by the Canada Revenue Agency. Will is quoted, The implications of getting it wrong can be pretty severe. You don't get your deduction.
• Will Osler Comments on Lack of Recent Calgary M&A Deals in the Legal Post
May 22, 2013
In Drew Hasselback's Legal Post article, Hunting for Calgary's Missing M&A Deals , on the surprising lack of energy M&A deals given lower stock prices, Will Osler speaks about how valuations from 2011 may be affecting board decisions in 2013.
• Will Osler Comments in Financial Post on Firm's Strong Showing in 2011
April 27, 2012
In the Financial Post article, Calgary Now Energy Law Focal Point , Will Osler comments on a strong showing for the firm in regard to energy deals in 2011 and the steady pace of work the firm enjoyed, The deals that put us where we are on [the Legal Post financing league tables] list... were of a size and scale and level of complexity that kept the group pretty busy. So we were more than happy.”
• 2015, Best Lawyers in Canada
William S. Osler , recognized as one of Canada's leading mergers and acquisitions lawyers
•2014, Lexpert/Report on Business Special Edition - Canada's Leading Energy Lawyers
William S. Osler , recognized as a leading energy lawyer in Canada
•2014, Who's Who Legal: Canada
William S. Osler , recognized as a leading lawyer in the area of capital markets
• TSX Adopts Extension Amendments Regarding Security-Based Compensation Arrangements and Backdoor Listings
October 14, 2014
The Toronto Stock Exchange has adopted amendments to the TSX Company Manual, which: allow listed issuers to adopt security-based compensation arrangements for employees of a target company in the context of an acquisition without obtaining security approval; and broaden the scope of the transactions that may be considered “backdoor listings”.
• National Securities Regulator Moves Forward; Draft Legislation Published
September 15, 2014
On September 8, 2014, the governments of Canada, British Columbia, Ontario, Saskatchewan and New Brunswick announced the signing of a memorandum of agreement formalizing the terms of the Cooperative Capital Markets Regulatory System (the Cooperative System), the proposed national securities regulator for Canada. Draft provincial and federal legislation that would implement the Cooperative System has now been released for public comment. The legislation not only seeks to harmonize securities regulation but also introduces changes to existing legislation in order to update and modernize securities laws.
• TSX-Listed Companies Face Mandatory Majority Voting for Director Elections
February 18, 2014
The Toronto Stock Exchange has approved amendments to the TSX Company Manual relating to director elections, which come into effect on June 30, 2014.