Client Work Detail
matter
Canpages Acquires ypOne Enterprises Canada
CLIENT
Canpages Inc.
DATE
August 11, 2009
EXPERTISE
Corporate and Commercial, Media and Communications, Mergers and Acquisitions, Corporate Finance and Securities, Tax, Employment and Labour, Privacy and Access to Information, Technology, Trade-marks, Insolvency and Restructuring
LAWYER(S)
Jay Lefton, Virginie Gauthier, Evan Cobb, Pierre Crichton, Barry Segal, Glenn Hines
On August 11, 2009, Canpages Inc. ("Canpages") completed the acquisition of all of the operating assets of Texas-based ypOne Enterprises Canada, Inc. ("ypOne"), including ypOne's PhoneGuide print and online directories in Ontario, from A. Farber & Partners Inc. ("Farber"), the court-appointed Interim Receiver of the assets, property and undertaking of ypOne.
The purchase price was satisfied by the issuance of shares of Canadian Phone Directories Holdings Inc. ("Holdings"), the parent of Canpages. The receivership was initiated by CapitalSource Finance LLC ("CapitalSource"), the principal secured lender to ypOne.
Canpages was represented by Ogilvy Renault LLP with a team which included Jay Lefton (corporate), Virginie Gauthier (insolvency), Evan Cobb (insolvency), Pierre Crichton (real estate), Barry Segal (tax) and E. Glenn Hines (tax).
