Practice area

IFLR1000 Reviews

Financial and corporate

Dentons is a well-rounded firm, with particularly strong restructuring and insolvency, project finance and financial services regulatory practices. In addition, the firm is very active in banking, capital markets and M&A. 

A standout deal in the restructuring and insolvency space came from representing Montréal Maine & Atlantic board members and other stakeholders in connection with insolvency proceedings arising from the derailment of 72 tanker cars carrying Bakken crude oil through eastern Quebec. The matter is still ongoing. 

On the capital markets side, the firm was active in the full range of services, with emphases on sectors such as energy infrastructure, power, mining, oil and gas. One equity highlight came from advising BMO Nesbitt Burns as the leader of a syndicate of underwriters:the firm advised the underwriters with respect to an offering of fixed-to-floating rate subordinated notes by Enbridge. 

In the M&A practice, one highlight came from representing Shaw communication on selling its wholly-owned subsidiary ViaWest to GI Partners’ portfolio company Peak 10 Holding 

A standout deal in the banking area was to advise a bank as agent for a syndicate of approximately 20 banks that provided a credit facility to Element Financial Corporation (subsequently renamed Element Fleet Management Corp).  

In terms of attorney moves, the banking practice area lost partner Charles Rich, who joined Cassels Brock. In addition, partners Gary Cochrane and Scott Sangster left Dentons’ banking group and moved to Fasken.  

There was a lot of movement at Dentons’ capital markets practice, with the addition of partners Eric Foster from Torys, George Tai from Carscallen and Vitale Santoro from Blakes. However, the capital markets team also lost several partners: Tim Banks joined Amazon Web Services, Ryan Chalmers joined Aird & Berlis, Maxime Cloutier joined Karambatsos, Craig McDougall joined Felesky Flynn, Shawna Vogel joined Katz Group, Allen Garson joined IMCO, Jay Haugen started his own practice and Trevor Korsrud started his own business, Jason Saltzman joined Gowling, Corey MacKinnon went to JD Irving and, finally, Patrick Burgess became consulting legal counsel at Environmental Refueling System.  

Meanwhile, the M&A practice area acquired a considerable numberof partners over the course of the research cycle. Adam Allouba was hired from BCF, Mira Gauvin from Gowling, Bennett Wong from Gowling, Kip Daechsel from McMillanan, Michael Sabusco from Norton Rose and Grant MacKenzie from Burnet Duckworth & Palmer. The group also lost Bruce MacPhail.   

The restructuring and insolvency team made the addition of partner Tom Gusa, who left Miller Thomson and lost David LeGeyt who moved to BDP.  

Some of the firm’s key clients were Capital Power, TD Securities, Clementia Pharmaceuticals, Wilmington Trust, National Association and Royal Bank of Canada.  

Client feedback

"Technically brilliant, great deal managers and easy to work with." - Banking 

"Experienced lawyers and pragmatic approach. Legal fees can be higher than mid-size firms." - Banking 

"Knowledgeable, attentive, bright, entrepreneurial and solution focused." 

"The team at Dentons provides valuable insight with a high level of customer service. The firm is responsive and timely." - Banking 

"Excellent match." - Banking

"Dentons provides a very high quality of work. Their depth of knowledge is impressive, and they apply it using clear communications and practical advice. They have an excellent international network which is valuable to us." - Banking

"Knowledgeable, responsive, strategic and all around great to work with." - Restructuring 

"Dentons has a strong team in Canada.  We have used their lawyers in a number of provinces.  We also draw on the firm's global presence in those situations where our clients are seeking expansion outside Canada and the US." - Banking