Dec. 19, 2024 - Despite a strong start to the year, activist activity in Canada in 2024 tapered to pre-pandemic levels. This reversion to more historic annual totals follows a notable resurgence of shareholder demands directed at Canadian public companies in 2023, when shareholder engagement reached its...
Announcement
TPG Real Estate Acquires Cinespace Film Studios
Davies, together with Kirkland & Ellis LLP in Chicago, acted for TPG Real Estate Partners (TREP), the dedicated real estate equity investment platform of alternative asset firm TPG, in its acquisition (and related financing) of Cinespace Film Studios.
Cinespace is the second-largest independent owner of soundstages in North America with a world-class studio real estate platform, operating over 50 soundstages on more than 100 acres in Toronto, Ontario, and Chicago, Illinois.
In addition, TREP plans to continue Cinespace’s work to invest in the local communities by creating opportunities for education and employment in the TV and film industry.
The Davies team that advised on this transaction included David G. Reiner and Stefanie Milner (Real Estate); Kevin Greenspoon, Daniel Pearlman, Zach Hershenfeld and Shimon Sherrington (Corporate/M&A); John M. Ulmer, Paul Lamarre, Brittany Finn, Cadie Yiu and Sabina Han (Tax); Derek R.G. Vesey and Devon W. Comstock (Finance); Sarah V. Powell and Zachary Silver (Environmental); Seann D. McAleese (Employment); Laila Paszti (Technology); Benoit Archambault (IP); and Anita Banicevic (Competition).
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Oct. 08, 2024 - The corporate life of a nominee director has been characterized as having the potential to be “neither happy nor long. ” In this Governance Insights article, we discuss the fundamental fiduciary considerations that nominee directors, nominating shareholders and companies should bear in...
