January 09 2014
Deal of the Year Includes Shea Nerland LLP (formerly Shea Nerland Calnan)
Shea Nerland LLP (formerly Shea Nerland Calnan) is pleased to announce that it acted as local counsel in the Province of Alberta in Canada’s 2013 “Deal of the Year” as chosen by Lexpert Magazine. That deal was Sobey’s acquisition of all of the assets of Canada Safeway for a cash purchase price of $5.8 billion, subject to a working capital adjustment, plus the assumption of certain liabilities.
Glenn Warkentin, Devin Mylrea and Sarah Thomas of Shea Nerland LLP provided commercial real estate and other general corporate and commercial legal advice on the purchase and sale of 28 shopping centres located in Alberta acquired by Crombie REIT and Sobeys pursuant to that transaction. Stewart McKelvey’s Jim Dickson acted as lead counsel for Sobeys and Jeff Lloyd of Blake, Cassels & Graydon LLP acted as lead counsel for Canada Safeway.
About Shea Nerland LLP: Shea Nerland LLP (formerly Shea Nerland Calnan LLP) is a premier Calgary-based tax and business law firm, helping client with their legal matters since 1990. At Shea Nerland we chase the challenging and thrive on seemingly unsolvable legal problems. We create tailored solutions to complex issues, crafted by our skilled partners and associates who practice cross-functionally in unique teams.
For more information, contact:
Glenn Warkentin, Partner
Shea Nerland LLP