James R. Reid

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BA (McGill),  LLB (UBC)

Jim Reid is a partner in the Mergers & Acquisitions, Corporate Finance & Securities, Corporate/Commercial and Energy practices of Davies Ward Phililips & Vineberg LLP. He serves on the firm’s Leadership Development Committee and was the Chair of the firm’s Student Committee from 2004 to 2010.  In 2002, Jim completed a six-month secondment to the Corporate Finance Branch of the Ontario Securities Commission. Mr. Reid has had a significant role on a broad range of transactions, including the sale and acquisition of public and private companies, public offerings of equity and debt, private placements, project financings and joint ventures.  He also provides advice on securities law matters to a number of major public companies on an ongoing basis.

Representative Work

Acted for Russel Metals in its $175 million public offering of convertible debentures.

Acted for Canadian Storage Partners in its unsolicted insider bid for InStorage REIT that was successfully completed on a negotiated basis in a transaction valued at $416 million.

Acted for PetroKazakhstan, a Canadian-listed energy company, in its $4.18 billion acquisition by China National Petroleum Corporation and, prior to that, its successful defence of the hostile takeover bid by Central Asian Industrial Holdings.

Acted for the Fortis group of companies in numerous public offerings, including recent common and preferred share offerings by Fortis, a $1.15 billion offering of subscription receipts by Fortis to finance the acquisition of Terasen from Kinder Morgan, and initial public offerings of debentures by FortisBC and FortisAlberta.

Acted for Hollinger Inc. in connection with various securities law matters, including its successful application to Canadian securities regulators for novel exemptive relief.

Acted for Agnico-Eagle Mines in connection with its US$125 million acquisition of Riddarhyttan Resources by way of takeover bid.

Acted for Fortis in connection with its US$49 million investment in Caribbean Utilities and its US$90 million acquisition of two electric utilities in the Turks & Caicos Islands.

Recognition

Recognized among Lexpert® Magazine’s 2009 Rising Stars, Canada’s Leading Lawyers Under 40.