"80 Goodmans lawyers ranked as top-tier in 31 areas of law." - Canadian Legal Lexpert Directory
Goodmans Deals & Cases

This section contains brief summaries of selected significant cases and transactions.  You'll also find representative lists  - by year - of major transactions and cases where Goodmans' involvement is a matter of public record or where inclusion in the list has been authorized by our clients.

Somerset Entertainment Income Fund Acquires Compass Productions Business

2005

Areas Banking and Finance Law, Corporate Finance and Securities, REITs and Income Securities, Tax

Summary

Goodmans represented Somerset Entertainment Income Fund in connection with the indirect acquisition of the music production and distribution business of Minneapolis-based Compass Productions, Inc. for a purchase price of up to approximately US$50 million. The transaction was funded in part from the proceeds of a $32,550,000 public offering of units through a syndicate of underwriters led by BMO Nesbitt Burns, RBC Capital Markets and TD Securities, and from the proceeds of a $42 million credit facility entered into with TD Bank and Bank of Montreal.