Ceci est une photo de Robert J. Richardson, CD

Robert
J. Richardson, CD

Associé

Toronto

Contacter par courriel à [email protected]

t. +1 416-601-7632

41931

Bob is a creative and solutions-oriented securities and public M&A lawyer

Robert (Bob) Richardson is a partner in our mergers and acquisitions (M&A), capital markets and financial services groups in Toronto. A seasoned securities lawyer and former senior banking executive, Bob seeks to achieve clients' business objectives in a way that appropriately balances risks and rewards.

Bob rejoined our firm in 2018, after spending more than 17 years with Canadian Imperial Bank of Commerce and CIBC World Markets Inc. At CIBC, he managed the legal aspects of almost all of CIBC's strategic transactions globally and lead a talented team of about a hundred business lawyers, litigators, derivatives lawyers and other legal professionals in Canada, United States, United Kingdom, Hong Kong and the Caribbean. Bob worked directly with CIBC's investment banking, treasury and strategy & corporate development teams in completing a wide range of domestic and cross-border transactions. In addition, for a protracted period, Bob worked closely with CIBC’s former Chief Executive Officer in successfully navigating the acute challenges posed by the Global Financial Crisis.

For more than a decade, Bob served on the Board of Directors of CIBC World Markets, CIBC’s principal investment banking subsidiary, and was a member of most of CIBC's key governance and deals committees, including Capital Markets Executive Committee, Fairness Opinions Committee, Due Diligence Committee, Investment Committee and Reputation and Legal Risks Committee.

Since returning to our firm in 2018, Bob’s private practice experience has included:

  • Representing Brookfield Infrastructure Partners in its $4.3 billion acquisition of Enercare Inc.
  • Representing InstarAGF Asset Management, Partners Group and Kilmer Van Nostrand in the sale of Billy Bishop Toronto City Airport's passenger terminal to JP Morgan Asset Management
  • Advising a special committee of CannTrust Holdings’ board of directors in investigating allegations of fraud and assisting the special committee in designing and executing on its remediation mandate
  • Representing Stifel Financial in its cross-border acquisition of the capital markets business of GMP Capital Inc.

In addition, Bob frequently represents leading investment banks and special committees regarding complex or contested transactions, including:

  • Representing Greenhill & Co. in its capacity as exclusive financial advisor to Canopy Growth Corporation in connection with Constellation Brands' $5.1 billion strategic equity investment
  • Representing Scotia Capital in its capacity as exclusive financial advisor to Aphria Inc. in responding to an unsolicited takeover bid by Green Growth Brands
  • Representing National Bank Financial in its capacity as exclusive financial advisor to exactEarth Ltd. in connection with a strategic investment by MM Asset Management Inc.
  • Representing Greenhill & Co. in its capacity as exclusive financial advisor to Canopy Growth Corporation in connection with Canopy's acquisition of an option to acquire Acreage Holdings for US$3.4 billion
  • Representing CIBC World Markets in its capacity as exclusive financial advisor to TransAlta Corp. in connection with Brookfield Renewables' $750 million strategic investment, the related public opposition by Mangrove Partners and the subsequent civil litigation
  • Representing Greenhill & Co. in its capacity as financial advisor to Abacus Health Products Inc. in connection with Abacus’s share exchange acquisition by Charlotte’s Web Holdings
  • Representing Scotia Capital Inc. in its capacity as financial advisor to a special committee of Genworth MI Canada Inc. in connection with Brookfield Business Partners’ going-private transaction for Genworth
  • Representing William Blair & Co., LLC in its capacity as financial advisor to the board of directors of People Corporation in connection with People’s acquisition by certain funds managed by Goldman Sachs for $1.13 billion
  • Representing BMO Capital Markets in its capacity as financial advisor to a special committee of Transat A.T. Inc. in connection with Air Canada’s offer to acquire Transat A.T. Inc.

While at CIBC, Bob was involved in various domestic and cross-border transactions, including:

  • CIBC’s $6.8 billion cross-border share exchange acquisition of Chicago-based PrivateBancorp, Inc., a Nasdaq-listed commercial and retail bank
  • CIBC’s $3 billion equity offering in 2008, which used an innovative combination of a private placement with a concurrent bought deal that was subsequently copied by most publicly-traded Canadian banks and life insurers
  • CIBC’s sale of its U.S. investment banking and leveraged finance business at the onset of the Global Financial Crisis
  • CIBC’s participation in $32B restructuring of Canada’s third party asset backed commercial paper (ABCP) market, which is the largest insolvency restructuring in Canadian history
  • CIBC’s remediation of more than $10 billion of CLOs, CDOs and other structured debt securities during the Global Financial Crisis
  • CIBC’s participation in a the US$550M recapitalization of Bermuda-based Bank of Butterfield
  • CIBC’s $3.5B three-way Aeroplan agreement with Aimia Inc. and TD Bank
  • CIBC’s US$250M cross-border acquisition of Atlantic Trust from Invesco
  • Countless bought deals, IPOs, take-over bids, mergers and divestitures involving CIBC World Markets as an underwriter or financial advisor, during a lengthy period when CIBC consistently led both the M&A and financing league tables for Canada

In addition, Bob was the General Counsel and Corporate Secretary of Maple Acquisition Corporation, which was formed by a consortium of 13 of Canada’s largest financial institutions to acquire TMX Group Inc., for $3.3 billion.

Bob is an adjunct professor at Osgoode Hall Law School and Western University Faculty of Law, where he teaches the Corporate Finance courses. Bob has served on the Canada Committee of RefuSHE (formerly Heshima Kenya), a Chicago-based NGO that provides sanctuary, schooling, vocational training and outplacement to young women and children in Nairobi. In addition, while completing his undergraduate studies, Bob completed the Canadian Army’s RESO Armour Officer training program and is a retired Captain with the Primary Reserve, a member of the Royal Canadian Armour Corps Association and the Ontario Regiment Officers Mess, and a proud recipient of the Canadian Forces decoration (CD) and the Canadian 125th Anniversary Medal.

Bob has been recognized in Lexpert’s Top 500 Lawyers in Canada, Top 40 under 40 (2004) and as a Finalist, Deal Making, in the Canadian General Counsel Awards (2009) .

Bob is a graduate of Trent University (BA), Osgoode Hall Law School (LL.B and LL.M) and the Canadian Army’s RESO Armour Program. He was called to the Ontario Bar in 1993.