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David Nadler is a partner in the Banking and Finance Law Group and Hospitality Law Group at Goodmans. David is recognized as a leading banking lawyer by The Canadian Legal Lexpert Directory, Euromoney’s Guide to the World’s Leading Banking Lawyers, Legal 500 Canada, The Best Lawyers in Canada and IFLR 1000. He has also been recognized for banking by Chambers Global. David has been described as someone who is “practical and takes real world scenarios into consideration” (Legal 500 Canada 2019).
David has consistently represented Canadian and foreign financial institutions, non-bank lenders and public and private companies in connection with complex domestic and cross-border lending transactions. He has also been involved in several debt restructurings representing both creditors and debtors. Recent transactions include representation of:
- A syndicate of lender in connection with a credit facility provided to CM Solutions Inc., an OMERS affiliate, for its acquisition of D+H Collateral Management Corp.
- The lenders in connection with a $1 billion credit facility agreement to one of Canada’s largest pension funds.
- The Bank of Nova Scotia and The Toronto-Dominion Bank in connection with a $325 million offering credit facility for Constellation Brands Canada, Inc.
- A syndicate of lenders in connection with a US$1 billion senior revolving credit facility to bcIMC Realty Corporation.
- Sienna Senior Living Inc. in connection with a $115 million term credit facility to support its acquisition of a portfolio of retirement residences.
- Medical Facilities Corporation in connection with its $150 million syndicated credit facility.
- Nuvo Pharmaceuticals Inc. in connection with acquisition financing with respect to its acquisition of certain assets of Aralez Pharmaceuticals Inc.
- Sienna Senior Living in connection with a $105 million revolving credit facility.
- Stephenson's Rental Services Inc. in connection with term and acquisition credit facilities of $210 million.
- Acasta Enterprises Inc. in connection with a $150 million acquisition credit facility and a US$150 million term credit facility.
- APLP Holdings Limited Partnership, a subsidiary of Atlantic Power Corporation in its establishment of $900 million in new senior secured credit facilities.
- The Toronto-Dominion Bank in connection with the provision of a $625 million acquisition and operating credit facility to Canadian Apartment Properties REIT.
- The Royal Bank of Canada in connection with the provision of a $255 million credit facility to Cologix Inc.
- Canadian Pacific Railway Ltd. in connection with its formation of a joint venture with Dream Unlimited Corp. to develop its portfolio of surplus real estate
- FAM REIT in connection with the establishment of a revolving credit facility provided by The Toronto-Dominion Bank
- BMO Capital Markets Corp. in connection with the acquisition financing of the $1.1 billion acquisition of Q9 Networks by an investor group comprised of Ontario Teachers’ Pension Plan, BCE Inc., Providence Equity Partners and Madison Dearborn Partners LLC
- The Toronto-Dominion Bank in connection with the refinancing of certain mortgages and the establishment of a credit facility provided to Regal Lifestyle Communities Inc.
- Four Seasons Hotels and Resorts’ US$750 million financing with a syndicate of lenders led by Citibank, N.A.
- Cinram International Income Fund in connection with its US$337 million refinancing and recapitalization
- The Toronto-Dominion Bank in connection with the financing for RBJ Schlegel Holding Inc.’s $136 million acquisition of The Homewood Corporation
- Madison Dearborn Partners, LLC in connection with the cross-border financing of its US$915 million acquisition of Bway Holding Company
- Canadian counsel to Phillips Van-Heusen in connection with the financing of its $3 billion acquisition of Tommy Hilfiger B.V.
David also represents various clients in the hospitality industry, including hotel owners, brand management companies and franchisors. David has been involved in hospitality transactions throughout the world, including in India, China, the Czech Republic, Hong Kong, Japan, Morocco, Israel and Egypt.
David has co-authored a number of articles in the area of banking and finance and most recently, he co authored the Canada chapter of the fifth edition of Law Business Research Ltd.’s “The Acquisition and Leveraged Finance Review” published January 2019.
David joined Goodmans as a summer student in 1990 and has been a partner since 1999.
|Education|| University of Toronto (LL.B., 1991)
McGill University (B.A., 1988)
|Year of Call||