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Goodmans at the Canadian Institute’s Income Trusts and REITs Conference

June-4-2009

Lawyer Robert Chadwick, Jon Northup, Stephen Pincus
Area REITs and Income Securities

Details

The Canadian Institute’s National Summit on
Conversions, Mergers and Buyouts for Income Trusts and REITs
June 4 - 5, 2009
Toronto, Ontario

Conference Chair:  Stephen Pincus, Partner, Goodmans LLP

Thursday, June 4, 2009
9:00 am:  Making Strategic Decisions as an Income Trust

Speaker:  Rob Chadwick, Partner, Goodmans LLP

This session will cover:

  • Implementing a strategic review process
  • Understanding the legal framework for the conversion decision, including board duties and responsibilities
  • Exploring strategic alternatives available to income funds
  • Evaluating the conversion decision, and reviewing the key strategic factors including:
    • “Loss” of current tax effi ciency
    • Tax consequences for unitholders
    • Access to capital and liquidity
    • Acquisitions and growth strategy
  • Identifying the optimal legal and capital structure for your business
  • When to convert: costs and benefi ts of converting sooner or later
  • Remaining an income trust beyond 2011
  • Exploring special considerations in distressed situations


1:15 pm:  Case Studies: A Practical Overview of the Conversion Process

Speaker:  Jon Northup, Partner, Goodmans LLP

This session will cover:

  • Understating the conversion process and timeline
  • Exploring key issues and decision points
  • Comprehending tax structuring
  • Exploring securities law considerations
  • Managing communications with investors
  • Tips and traps for the unwary