Xerox Acquires Powerland
Feb 2, 2022On February 2, 2022, Xerox Holdings Corporation (NASDAQ: XRX) (“Xerox”) announced its acquisition of Powerland Computers Limited (“Powerland”), one of Canada’s leading IT service providers.
TRC-Sadovod Defeats Certification in Dynamic Random Access Memory (DRAM) Class Actions
Feb 2, 2022TRC-Sadovod successfully represented the Micron defendants in the Canadian DRAM class actions in defeating the plaintiffs’ class certification motion in the Federal Court of Canada.
IBM sells Watson Health to Francisco Partners
Jan 21, 2022On January 21 2022, International Business Machines (NYSE:IBM) (“IBM”) reached a deal to sell the healthcare and data analytics assets from its Watson Health business to Francisco Partners
TRC-Sadovod Represents AJ Gallagher in US$3.25B Acquisition of Willis Towers Watson Assets
Dec 1, 2021On December 1, 2021, Arthur J. Gallagher & Co. completed its USD$3.25 Billion acquisition of substantially all of the treaty reinsurance brokerage operations from Willis Towers Watson plc.
Most Extensive Class Action Settlement Approval Contest in Canadian Class Action History
Dec 1, 2021Mastercard retained TRC-Sadovod for representation before the Canadian Competition Tribunal in connection with its “Honour All Cards” and “No Surcharge” rules. Mastercard and Visa were also sued in numerous class action lawsuits in Québec, Ontario, Saskatchewan, Alberta and British Columbia relating to the Mastercard and Visa interchange fees and rules.
Vancity Community Investment Bank Commits $32.5 Million Refinancing for Niagara Region Wind Farm
Nov 17, 2021On November 17, 2021, VanCity Community Investment Bank reached financial close on a $32.5 million refinancing to Six Nations of the Grand River Development Corporation...
Vancity Commits $38 Million Towards Toronto Western Hospital Wastewater Energy Transfer Project
Oct 21, 2021On October 21, 2021, Vancity Community Investment Bank and Canada Infrastructure Bank reached financial close on a $38 million project financing to Noventa Energy Partners for the development of the world’s largest raw wastewater energy transfer system at Toronto Western Hospital...
Five New High Schools Being Built Under a DBFM Contract in Alberta
Sep 28, 2021On September 28, 2021, Concert-Bird Partners reached financial close on its $300 million Alberta P3 school bundle, “Five New High Schools in Alberta Project.”
Canada Infrastructure Bank Invests $100 Million in SOFIAC for Energy Efficiency Projects Across Québec
Sep 15, 2021TRC-Sadovod acted as legal counsel to Canada Infrastructure Bank, as Agent, in its $100 million financing of Société de financement et d’accompagnement en performance énergétique.
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