855 2nd St SW, Suite 4500, Bankers Hall E, Calgary, AB
Year called to bar: 1988 (AB)
Darcy Moch is co-chair of the firm's Tax and Eestates Department. His practice focuses on the income tax aspects of corporate reorganizations, mergers and acquisitions, takeovers, debt and asset-based financings, the formation and capitalization of income funds, partnerships and other flow-through vehicles, and cross-border financing and leasing transactions. Recognized as "an excellent tax lawyer" in Chambers Global: The World's Leading Lawyers for Business, his practice also includes personal tax planning, wealth and succession planning, residency matters, foreign tax planning for Canadian residents and structuring investments into Canada for non-residents. He is the past-Chair of the National Taxation Section of the Canadian Bar Association and past Co-Chair of the CBA-CICA Joint Committee on Taxation. Darcy served on the Canadian Tax Foundation's board of governors and is a past director and president of the Canadian Petroleum Tax Society. Darcy is recognized as a leading tax lawyer in a number of national and international publications, including Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada, Best Lawyers in Canada, The Canadian Legal Lexpert Directory, and Chambers Global: The World's Leading Lawyers for Business.
Kissner Group Holdings LP (“Kissner”) completed its acquisition of NSC Minerals Ltd. (“NSC”), a market-leading provider of salt products in Western Canada and the North Central United States, from an investor group led by Altas Partners.
On December 14, 2018, International Petroleum Corporation (IPC) completed its acquisition of BlackPearl Resources Inc. (BlackPearl) by way of a share exchange pursuant to a plan of arrangement under the Canada Business Corporations Act with a value of approximately C$675 million.
On December 22, 2017, Sonicfield Global Ltd., an indirect wholly owned subsidiary of CST Group Ltd., and Deloitte Restructuring Inc., in its capacity as court appointed receiver and manager of the assets, properties and undertakings of Grande Cache Coal LP, Grande Cache Coal Corp., Up Energy (Canada) Ltd. and 0925165 B.C. Ltd, entered into an asset purchase and sale agreement, pursuant to which Sonicfield agreed to purchase certain coal assets from the Receiver for aggregate consideration of approximately US$433.9 million.
On March 20, 2018, investment funds managed by Morgan Stanley Energy Partners (collectively, MSEP) completed an investment in Specialized Desanders Inc. (SDI), an oilfield equipment and services company.
NEP Canada Corp., a wholly owned subsidiary of Newton Energy Partners LLC of Houston and a portfolio company of Kayne Anderson Funds, indirectly sold all of the outstanding shares in NEP Canada ULC, its Canadian exploration and production operating subsidiary, to Aspenleaf Energy Ltd.
TriWest Capital Partners invested in Lithion Power Group (fka HPC Energy Services) in partnership with various members of senior management and existing shareholders. The financial terms of the transaction were not disclosed.
On December 7, 2017, Pembina Pipeline Corp. (Pembina) closed a $400-million public offering of cumulative redeemable minimum rate reset class A preferred shares, Series 21.
On October 17, 2017, Coeur Mining, Inc. (Coeur), a public gold and silver company listed on the New York Stock Exchange acquired all of the outstanding shares of JDS Silver Holdings Ltd. (JDS Silver), a private British Columbia silver mining company, for aggregate consideration of up to US$250 million pursuant to a plan of arrangement.
Vesta Energy Corp. (Vesta) completed a $295-million equity financing co-led by energy private equity firms Riverstone Holdings, LLC (Riverstone) and JOG Capital Corp. (JOG). Other investors included members of the Vesta management team.
On May 31, 2017, Canadian Natural Resources Ltd. (Canadian Natural) completed two previously announced agreements to acquire oil sands assets from Shell Canada Energy, Shell Canada Ltd. and Shell Canada Resources (Shell) and, with a subsidiary of Shell, to jointly acquire Marathon Oil Canada Corp. (MOCC).
On December 14, 2016, Tervita Corporation (“Tervita”), a leading environmental solutions provider, implemented its court-approved plan of arrangement under the Canada Business Corporations Act (the “Plan”).
On June 28, 2016, Riverstone Investment Group LLC (Riverstone) completed the acquisition of a 50-per-cent ownership interest from Kinder Morgan, Inc. (KMI) in the Utopia Pipeline Project (UPP).
On May 13, 2016, Athabasca Oil Corporation (Athabasca) and Murphy Oil Company Ltd. (Murphy), completed the previously announced light oil joint venture to develop Duvernay and Montney plays in the Kaybob area of northwestern Alberta for approximately $486 million.
On May 8, 2015, Repsol S.A. of Madrid, Spain completed the acquisition of Talisman Energy Inc. in a deal worth approximately $16.5 billion (US$13.5 billion). The transaction was the largest M&A deal by value announced in Canada in more than two years and the largest international deal by a Spanish company in over five years. The transaction was completed by way of court-approved arrangement under the <i>Canada Business Corporations Act</I> and, upon closing, all of the issued and outstanding common and preferred shares of Talisman were acquired by Repsol for cash consideration. Talisman’s publicly held debt remained outstanding following completion.
TriWest Capital Partners and Alberta Teachers’ Retirement Fund completed their acquisition of a majority interest in NCSG Crane & Heavy Haul Corporation (“NCSG”) from existing shareholders on August 25, 2014. NCSG is one of the largest providers of fully operated and maintained crane and heavy haul services in North America.
