On July 3, 2003, New-York based JLL Partners, a private equity firm, completed the court approved acquisition of the retail and merchandising sales solutions business of Toronto-based Mosaic Group Inc., in Canada and in the U.S. for $105 million. Mosaic Group is under court protection in Canada under the Companies’ Creditors Arrangement Act and under Chapter 11 of the U.S. Bankruptcy Code, and the acquisition was completed under this process.
JLL Partners was represented in Canada by McMillan Binch LLP, with a team led by John Clifford (corporate) and Jeff Gollob (corporate restructuring), supported by Steven Prisco and Andrew Fleming (corporate), Susan Nickerson (pension and benefits), Frances Fitzgerald (employment), Jonah Davids (real estate), Jamie Wilks (commodity tax), Michael Friedman (tax) and Sharon Groom (intellectual property); and in the U.S. by Simpson Thacher & Bartlett LLP, with a team led by Marni Lerner in New York.
Mosaic Group was represented by in-house counsel Catherine Barbaro and Cecile Chung; in Canada by Goodmans LLP, with a team that included Jay Carfagnini, Celia Rhea, Joe Pasquariello and Melaney Wagner (corporate restructuring), Michael Partridge, Keren Groll (corporate), Ann Elise Alexander (pension and benefits), Joe Morrison (employment) and David Poore (tax); and in the U.S. by Akin Gump Strauss Hauer & Feld LLP, with a team led by David Botter (corporate restructuring) and Stephen Kuhn (corporate) in New York.
The bank syndicate was represented in Canada by Blake, Cassels & Graydon LLP, with a team led by Kevin McElcheran, Lisa Corne and Milly Chow (restructuring and insolvency) and Gail Lilley (corporate); and in the U.S. by Vinson & Elkins LLP, with a team led by Daniel Stewart and William Wallander (bankruptcy reorganization) in Dallas.
The noteholders were represented in Canada by Fasken Martineau DuMoulin LLP, with a team that included Sheryl Seigel and Andrew Laidlaw (insolvency & restructuring); and in the U.S. by Bingham McCutchen LLP, with a team that included Ronald Silverman and Mark Deveno (restructuring and insolvency) and Frank Taboada (corporate and finance) in New York and Bruce Silvers in Hartford.
JLL Partners was represented in Canada by McMillan Binch LLP, with a team led by John Clifford (corporate) and Jeff Gollob (corporate restructuring), supported by Steven Prisco and Andrew Fleming (corporate), Susan Nickerson (pension and benefits), Frances Fitzgerald (employment), Jonah Davids (real estate), Jamie Wilks (commodity tax), Michael Friedman (tax) and Sharon Groom (intellectual property); and in the U.S. by Simpson Thacher & Bartlett LLP, with a team led by Marni Lerner in New York.
Mosaic Group was represented by in-house counsel Catherine Barbaro and Cecile Chung; in Canada by Goodmans LLP, with a team that included Jay Carfagnini, Celia Rhea, Joe Pasquariello and Melaney Wagner (corporate restructuring), Michael Partridge, Keren Groll (corporate), Ann Elise Alexander (pension and benefits), Joe Morrison (employment) and David Poore (tax); and in the U.S. by Akin Gump Strauss Hauer & Feld LLP, with a team led by David Botter (corporate restructuring) and Stephen Kuhn (corporate) in New York.
The bank syndicate was represented in Canada by Blake, Cassels & Graydon LLP, with a team led by Kevin McElcheran, Lisa Corne and Milly Chow (restructuring and insolvency) and Gail Lilley (corporate); and in the U.S. by Vinson & Elkins LLP, with a team led by Daniel Stewart and William Wallander (bankruptcy reorganization) in Dallas.
The noteholders were represented in Canada by Fasken Martineau DuMoulin LLP, with a team that included Sheryl Seigel and Andrew Laidlaw (insolvency & restructuring); and in the U.S. by Bingham McCutchen LLP, with a team that included Ronald Silverman and Mark Deveno (restructuring and insolvency) and Frank Taboada (corporate and finance) in New York and Bruce Silvers in Hartford.
