Further strengthens growing cross-border transactional practice in New York
As Baker McKenzie continues the expansion of its transactional capabilities in New York, the Firm has added highly regarded corporate practitioner Steven Canner to its North American Corporate & Securities Practice. Mr. Canner brings more than 25 years of experience advising clients on M&A, private equity, venture capital and capital markets transactions.
"We are focused on expanding our transactional capabilities in New York to better serve our clients,” said Amar Budarapu, Chair of Baker McKenzie's North American Corporate & Securities Practice. “Steven is a seasoned corporate practitioner with a track record of success advising clients on a range of global M&A related matters, and he is the latest in a series of prominent transactional attorneys to join our practice in recent weeks. We are very pleased to add him to our team."
Throughout his career Mr. Canner has handled a variety of complex cross-border work. Some of his recent representative matters include:
- Representation of a leading Canadian financial services company in connection with the acquisition of a Boston-based ETF and asset manager.
- Representation of a portfolio company of a leading private equity fund in connection with a bankruptcy-related acquisition of a crude oil terminal and refinery located in Corpus Christi, Texas.
- Representation of an international client relating to its acquisition of a controlling stake in a US apparel company.
- Representation of an independent committee of the board of directors of a publicly traded international shipping company in connection with a change of control transaction.
- Representation of a Canadian corporation in connection with the cross border issuance of equity securities.
"Steven's experience as a trusted corporate advisor on major cross-border transactions makes him a perfect fit," said Jim Colihan, Managing Partner of Baker McKenzie's New York office. "His knowledge and experience will allow him to provide valuable insights on a range of transactional issues our clients face."
Mr. Canner also acts as outside general counsel to a number of companies, assisting them in addressing their legal needs as well as with their transactional matters. Mr. Canner joins the Firm from Kaye Scholer LLP.
"Baker McKenzie's renowned global platform and long history of advising on highly complex cross-border matters will be a tremendous asset for my practice," said Mr. Canner. "I am very pleased to join the Firm in New York and be a part of its growing transactional team."
Mr. Canner received his B.A. from State University of New York at Binghamton and his J.D. from Columbia Law School.
Concluded Rick Hammett, Baker McKenzie's North American Managing Partner, "We are growing in ways to better serve our clients, and we are actively enhancing our services in our markets throughout North America. Steven is another exceptional hire for our Firm, and we are pleased that he has joined our team."
A Recognized and Growing Transactional Practice
Baker McKenzie is one of the world's most active transactional law firms, handling more cross-border deals than any other law firm in the world. Thomson Reuters has ranked Baker McKenzie No. 1 for announced and completed cross-border M&A by volume for the past three years, and for the first half of 2016, Dealogic ranked the Firm No. 5 worldwide in volume of global M&A deals it has handled.
The practice has advised on a string of recent high-profile transactions, including Hewlett-Packard's split into Hewlett Packard Enterprise and HP Inc., Baxter's spinoff of its biopharmaceutical division, and Meiji Yasuda Life Insurance Company's acquisition of StanCorp Financial Group, Inc., one of the largest acquisitions of an overseas corporation by a Japanese insurance company in history.
The Firm has accelerated the growth of its transactional practice in New York in recent months. For example, the Firm recently added restructuring attorneys Debra Dandeneau and Peter Goodman, as well as Nick Marchica, an experienced transactional attorney with a focus in the Asia Pacific region, and Mark Tibberts, a leading project finance attorney. The Firm has also added expertise in New York in other areas including tax, finance and litigation, with 14 lateral partners joining over the last two years in that market. Overall, Baker McKenzie has added 39 lateral partners in North America over the last two years, as it continues to strengthen its presence in key markets.