Lawyer Profile Detail
George S. Takach
AREA OF EXPERTISE
University of Toronto
George S. Takach is a senior partner in the firm’s Toronto office. George brings significant value to clients in their tech company M&A/financing deals, their sophisticated tech licensing, IT procurement and other tech commercial transactions, and their more challenging e-commerce activities, including projects involving cloud computing, big data and social media.
McCarthy Tétrault is Canada’s pre-eminent firm for technology law. Since its inception in 1997, the Canadian Legal Lexpert Directory has found McCarthy Tétrault to have the strongest computer and information technology law practice in Canada. In the 2014 edition of Chambers Global, McCarthy Tétrault is listed in Band 1 for Information Technology.
George’s deep experience in tech M&A/financing allows his clients to get deals done more quickly and cost effectively. Past deals where he has brought his value-added skill set to clients include:
- IPO and multiple acquisition transactions for Constellation Software Inc.;
- multiple acquisition transactions for Aastra Technologies Inc., including purchase of Telepo, and purchases from Ericsson, Nortel, EADS, DeTeWe and Ascom; merger transaction between Aastra and Mitel;
- multiple sale transactions acting for private Canadian technology companies being sold to multi-national public tech companies, including: CPAS Systems to Xerox; Kobo Inc. to Rakuten Inc.; Kanetix Ltd. to Monitor Clipper Partners; Opalis Software to Microsoft; Cybermation Inc. to CA Inc.; Chantry Networks to Siemens; InSystems to Standard Register; Jewelstone Systems to AGF; and Rockwell Automation acquiring Rutter Hinz;
- venture and related-type financings of earlier stage Canadian tech companies, including Kobo Inc., Fresco Microchip (Celtic House, Ventures West); CPAS Systems (Tier Technologies); Cube Route (CIBC);
- a range of other M&A/financing transactions involving technology companies and tech-related assets, including: acquisition by Exact Software of Longview Solutions; acquisition by Kobo of Aquafadas; and sale by Scotiabank of its fixed income indices business to TSX Group.
In the area of sophisticated tech licensing, IT procurement and other tech commercial deals, George’s creativity and broad experience allows clients to resolve difficult issues more quickly and to get the relationship off on the right foot. In the tech commercial area, George has a national practice with the following illustrative clients whom he has assisted with a broad range of agreements:
- a Montréal-based bank;
- a Calgary-based energy company;
- a Canadian-based, global life sciences company;
- a Toronto-based retailer;
- three Toronto-based banks;
- a Montréal-based communications company;
- a Toronto-based public sector agency; and
- a public sector consortium with members in BC, Alberta, Ontario and Quebec.
George helps clients craft sensible and workable solutions to complex e-commerce-related legal and compliance challenges. He brings a steady and experienced hand to bear on the invariably unprecedented legal issues generated by novel e-commerce business processes. In the e-commerce/Internet law area, his extensive practice includes:
- advising companies on how to create legally compliant online customer experiences, including enforceable “click consent agreements,” workable electronic voting processes, etc.;
- advising governments on law reform initiatives aimed at facilitating e-commerce;
- helping organizations comply with privacy and data protection laws; and
- crafting and negotiating co-branding, Web-linking and other e-commerce-related agreements.
George is the author of four books: Computer Law, second edition; The Software Business, second edition; Contracting for Computers, fourth edition; and Information Technology Agreements, 2010. Since 1990, he has been an Adjunct Professor at Osgoode Hall Law School, York University, where he teaches a course in Computer Law. George is in demand as a speaker to legal and technology industry audiences and a regular writer on legal technology topics.
George is listed in the 2014 edition of Chambers Global: The World’s Leading Lawyers for Business, as the only “Eminent Practitioner” in the area of information technology for Canada. Since its inception (and most recently in 2014), George has appeared in the LEXPERT/The American Lawyer Guide to the Leading 500 Lawyers in Canada, as a leading lawyer in the areas of technology and corporate mid-market. George is recognized in The Best Lawyers in Canada as a leading lawyer in information technology law and technology law. Since its inception in 1997, he has been listed in the Canadian Legal Lexpert Directory, a guide to the leading law firms and practitioners in Canada, as a leading lawyer in the areas of technology and computer & I.T. law.
George received his BA and his JD (Dean’s Honour List) from the University of Toronto. He also has his MA in international relations from the Norman Paterson School of International Affairs, Carleton University in Ottawa. He was called to the Ontario bar in 1985. George is on the Board of Lake Scugog Camp, an organization serving underprivileged and “at risk” children/youth and their families.
Sourcing, Outsourcing and Procurement Contracts
2011 Best Practice — Information Technology Agreements
Social Media Risks
Fighting Spam and Spyware Canadian Style — Part II
Taking Your Company Public — Part V
Information Technology & E-Commerce-Mobile Computing
Fighting Spam and Spyware Canadian Style — Part I
Taking Your Company Public — Part IV
Risks of Cloud Computing — Part II
Managing Subcontracting Risk
McCarthy Tétrault Earns Most "Lawyer of the Year" Rankings for 2010 from Best Lawyers in Canada
Five McCarthy Tétrault Partners Listed in International Who’s Who of Internet and E-Commerce Lawyers
More McCarthy Tétrault Lawyers Among the Leading Cross-Border Corporate Lawyers than any other firm
Transactions & Cases
CPAS Systems completes sale to Xerox
Rakuten, Inc. completes US$315 million acquisition of Kobo Inc.
Monitor Clipper Partners acquires Kanetix Ltd.
Celtic House Venture Partners Co-Leads $9M Follow-on Financing of Fresco Microchip
Kobo Closes $50 Million Investment Round - Indigo Maintains Controlling Position
Microsoft Corporation acquires Opalis Software Inc.
N. Harris Computer Corporation acquires MediSolution Ltd.'s Resource Management Business
Rockwell Automation acquires Rutter Hinz
National Bank signs $450 million IT infrastructure services agreement with IBM
Constellation Software acquires assets of MAXIMUS, Inc.