Philip M. Rimer LL.B., M.A., B.A., Partner

Phil practises in Fraser Milner Casgrain LLP's Financial Services and Real Estate Practice Groups primarily acting for financial institutions in commercial debt related transactions and restructurings with a particular emphasis on real estate and technology. He is the Ottawa Chair of the Insolvency and Restructuring Group.

In addition, Phil has acted for various stakeholders in Federal Crown transactions structured under the Financial Administration Act and aboriginal transactions structured in compliance with the Indian Act.

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Phil practises in Fraser Milner Casgrain LLP's Financial Services and Real Estate Practice Groups primarily acting for financial institutions in commercial debt related transactions and restructurings with a particular emphasis on real estate and technology. He is the Ottawa Chair of the Insolvency and Restructuring Group.

In addition, Phil has acted for various stakeholders in Federal Crown transactions structured under the Financial Administration Act and aboriginal transactions structured in compliance with the Indian Act.

Representative Work
Represented Canada Lands Company CLC Limited ("CLC") in its successful negotiations with the Algonquins of Ontario ("AOO") of the comprehensive Participation Agreement which was a critical pre-condition to CLC acquiring approximately 126 hectares of the former Canadian Forces Base Rockcliffe in Ottawa from Department of National Defence. Specifically, the Participation Agreement is the core commercial document wherein CLC offered certain parcels for sale to AOO which are intended to be funded from the anticipated comprehensive Treaty settlement. For its part, AOO agreed to waive its Aboriginal Rights (including "aboriginal title") in respect of the Rockcliffe Lands. The Participation Agreement was completed under an umbrella agreement among the Ontario Ministry of Aboriginal Affairs, the Aboriginal Affairs and Northern Development Canada, AOO and CLC
Represented the successful proponent Cityzen/Dominus in its negotiations with the City of Brampton in respect of the P3 Project known as Southwest Quadrant Development
Represented Wabun Tribal Council on behalf of certain First Nations as “aboriginal” proponents in the development, construction, financing and operation of 4 hydroelectric generator projects being constructed along the Kapuskasing River to be operated under a 40 year Feed-In Tariff Program (FIT) mandated by the Ontario Power Authority. Construction and Permanent financing funded by SunLife Canada
Acted for Morguard Investments Inc., in its capacity as asset advisor/manager for certain undisclosed pension funds (collectively the “Funds”) in the restructuring of the Funds’ collective interest in the Telesat Court Complex in Gloucester (the “Project”). Specifically, the lease agreement with Telesat as tenant was renegotiated and extended as part of the arrangement which resulted in the Funds contemporaneously acquiring Telesat’s undivided beneficial fifty percent (50%) freehold interest in the Project
Teaching Roles
Part-time professor at University of Ottawa, Faculty of Law lecturing on "Advanced Debt Financing and Restructuring"
Instructor, Law Society of Upper Canada Bar Admission courses on Business Law
Contact Information
Ottawa
+1 613 783 9634
philip.rimer@fmc-law.com
Year of Call
1984 (Ontario)
Education
Concordia University, B.A., 1977
The Johns Hopkins University, M.A., 1979
Osgoode Hall, LL.B., 1982
Languages Spoken
English