Saturday, March 16, 2013

April 9/Web: Capitalizing on Canadian FAITs (Foreign Asset Investment Trusts) – A New Opportunity for U.S. Companies


Growing U.S. companies are finding Canada’s new foreign asset investment trusts (FAITs) to be the ideal solution to capital raising and cash-flow challenges. Easier, faster and less expensive than a traditional IPO, FAITs can work for almost any mid-sized American company with income-generating assets because their structure integrates well with U.S. business and tax regimes and their tax-free yields are exceptionally attractive to Canadian and international investors. While initially used in the real estate and energy industries, FAITs are quickly becoming popular in other sectors and have begun to take the market by storm.
In this webinar, senior lawyers and accountants who have advised on some of the most significant FAIT transactions will be covering: i) the selection of appropriate candidates for FAITs; ii) structuring considerations; iii) tax considerations; and iv) case studies of recent representative deals.
Title:
Capitalizing on Canadian FAITs (Foreign Asset Investment Trusts) – A New Opportunity for U.S. Companies
When/Where:
Tuesday, April 9, 2013
1:00 PM EDT
Webcast - Preregistration Required
Speakers:

  • Lawrence (Lawrie) Wilder is a partner in the Securities Group at Cassels Brock & Blackwell LLP in Toronto. He focuses on representing growing companies and assisting them in achieving their growth objectives. He handles all aspects of the corporate development curve, from private equity to initial public offerings to mergers and acquisitions. Lawrie has played a key legal role in the early stage development and financing of such Canadian success stories as MDC Partners, Chapters, FirstService Corporation, Genuity Capital Markets and Research in Motion (now Blackberry), working with the founding entrepreneurs and their advisors and assisting them in setting the stage for explosive growth and success. 
  • Ken Snider is a partner in the Tax Group at Cassels Brock & Blackwell LLP in Toronto. His practice focuses on corporate taxation, with an emphasis on inbound and outbound investments, resource and real estate investments, cross-border mergers and acquisitions and reorganizations,. His clients include multinational corporations, the Canadian federal government, tax-exempt institutions and private equity funds. 

By:
Law.com
Credit:
The event announcement states that CLE is available, but does not state how much or where. The content and speakers seem consistent with the credit requirements of many states.

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