Clifford Sosnow is the Chair of Fasken’s International Trade and Investment Group. He is an internationally recognized trade, investment and anti-bribery advisor, strategist and advocate. He is ranked among the best of the best, a leading trade law practitioner and at the highest level of expertise by Canadian and international directories on anti-bribery law, export/import licensing compliance, national security reviews, controlled goods requirements and audits, economic sanctions, Cuba blocking law, dumping/countervail investigations and customs issues. He is a seasoned advocate before Canadian trade regulators, government agencies and departments, and NAFTA and WTO arbitrators, but also issues opinions on complex cross-border matters including sanctions, export control and anti-bribery law and conducts anti-bribery, export control, national security and sanctions due diligence of sophisticated, high profile and high value M&A transactions. Clifford Sosnow has over three decades of experience in advising clients on several of the key criteria Canadian regulators examine in conducting national security reviews of proposed acquisitions.
On December 20, 2019, Canada Development Investment Corporation (“CDEV”), on behalf of the Government of Canada, completed the sale of 90 per cent of Canada’s shares in Ridley Terminals Inc.
On September 28, 2018, Windsor-Detroit Bridge Authority, a Crown corporation of the Government of Canada, reached financial close with Bridging North America General Partnership (a partnership indirectly held by ACS Infrastructure Canada Inc., Fluor Canada Ltd. and Aecon Concessions, a division of Aecon Construction Group Inc.) for the design, construction, financing, operations, maintenance and rehabilitation of the Gordie Howe International Bridge Project, a new publicly-owned international bridge crossing between Windsor, Ont., and Detroit, Michigan.
On February 4, 2016, pursuant to a plan of arrangement (the Arrangement), an indirect wholly owned subsidiary of Honeywell International Inc. (Honeywell) acquired all of the issued and outstanding common shares of COM DEV International Ltd. (COM DEV) and former COM DEV majority-owned subsidiary exactEarth Ltd. (exactEarth) was spun out into a standalone public company.