A giant of the Canadian legal scene, Stikeman Elliot has been one of the country’s most active firms in the Asia Pacific for decades, and has had a dedicated team focusing on India since 2005. The team’s leadership responsibilities are divided among corporate partners Dee Rajpal, Amyn Abdula and Eric Richer La Fleche, respectively of Toronto, Vancouver and Montreal. Meanwhile William Scott, a partner in the Toronto office, is currently president-elect of the Inter-Pacific Bar Association and will take up the presidency in May this year.
While in the past the team has focused on Canadian investments into India, recent work has seen an increasing emphasis on advising Indian investors into the Canadian marketplace, providing strategic advice, advising boards of directors and navigating relevant legislation, foreign investment regulation and disclosure requirements as part of complex corporate transactions. In the past year the firm has acted for Jindal Steel and Power in connection with its acquisition of Canadalisted coal company CIC Energy for approximately C$116 million; Tata Steel Minerals Canada in connection with its joint venture with Labrador Iron Mines Holdings, related to the exploration and development of the Howse iron ore deposit located in Newfoundland and Labrador and related commercial arrangements; Tata Steel Minerals Canada again, in connection with its agreement with New Millennium Capital to fund the Taconite Project in Canada, with a potential value of approximately C$4.9 billion; and Essar in connection with an injunction hearing in the Ontario Superior Court of Justice, successfully securing a noninterruption of iron ore shipments.