888 3rd St SW, Suite 3810, Bankers Hall West Tower, Calgary, AB
Year called to bar: 1988 (AB); 1990 (NS)
Douglas Richardson is Co-Chair of the Taxation Group at Cassels. His practice focuses on the areas of domestic and international energy-related transactions and investments, mergers and acquisitions, corporate reorganizations, and cross-border private equity investments. Doug has provided tax advice to a number of public and private companies, including multinational, domestic, and foreign-owned companies, public utilities, and corporations engaged in the power generation and pipeline business, foreign asset income trusts, and other investment vehicles, and has received advance income tax rulings and legislative amendments where appropriate. He has also provided advice to domestic and international energy clients with respect to internal tax matters, the acquisition and disposition of oil sands, midstream and pipeline assets, and the development of LNG projects. Doug participated in the Business and Investment Advisory Committee meetings with the OECD regarding the tax treatment of allowances and tradable permits. He is recognized as a leader in his field by Chambers Canada, Chambers Global, and Best Lawyers. Doug is called to the Bar in Alberta (1988) and Nova Scotia (1990).
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.
On May 18, 2017, TransCanada Trust (TransCanada) closed its public offering in Canada of $1.5 billion aggregate principal amount of hybrid trust notes due May 18, 2077 (the Trust Notes).
On December 3, 2015, Bruce Power L.P. (Bruce Power) and the Independent Electricity System Operator (the IESO) entered into the Amended and Restated Bruce Power Refurbishment Implementation Agreement (the ARBPRIA) to extend the operating life of the Bruce Power facility to 2064.
SciVac Therapeutics Inc., formerly Levon Resources Ltd. and SciVac Ltd. closed a plan of arrangement pursuant to which SciVac completed a reverse takeover of Levon.
On May 20, 2015, TransCanada Trust closed its public offering in the United States of Hybrid Trust Notes Due 2075 for aggregate gross proceeds of US$750,000,000.
Mullen Group Ltd. acquired Manitoba-based Gardewine Group Limited Partnership from TriWest Capital Partners and Gardewine’s senior management team and other owners in an all cash transaction worth $172 million.
On February 13, 2007, Harbinger Capital Partners Master Fund I, Ltd. and Harbinger Capital Partners Special Situations Fund, L.P. through their indirect wholly owned subsidiary HCP Acquisition Inc. (together, Harbinger) acquired all of the outstanding trust units of Calpine Power Income Fund (the fund) it did not already own at a price of $13.00 per trust unit for total consideration of approximately $760 million.
