Jeffrey P. Sommers
Partner | Toronto
Toronto: 416-863-2534

Jeff has practised exclusively in the area of pensions, benefits and executive compensation for over 20 years. His practice involves the investment, taxation, funding and administration of pension and benefit plans. Jeff frequently advises on pension and benefit issues arising in the context of corporate transactions, loan agreements, insolvencies and compliance disputes. His practice also focuses on pension investment, governance and fiduciary matters. Jeff has extensive experience assisting clients with pension plan mergers, including mergers with jointly sponsored pension plans. He has advised plan sponsors and insurers on de-risking strategies, including buy-in and buy-out annuities and longevity insurance arrangements. Jeff's clients include both public and private sector plan sponsors and administrators and a wide range of financial institutions and service providers.

SELECT EXPERIENCE

Recent representative matters include:

  • Counsel to Brand Energy & Infrastructure Services, Inc. in relation to the pension and employee benefits aspects of the merger of Brand Energy and Safway Group Holding LLC to form Brand Industrial Services, Inc., a leading global industrial service business with nearly US$5-billion in revenue

  • Counsel to Linamar Corporation in relation to the pension and employee benefits aspects of its $1.2-billion acquisition of the MacDon Group of Companies, a global market leader in the design and manufacturing of specialized agricultural harvesting equipment

  • Counsel to a Canadian insurance company in relation to its buy-in and buy-out annuity products for registered pension plans

  • Counsel on pension issues to the administrative agent for the lenders in the exit credit facilities to Resolute Forest Products Inc. (formerly, Abitibibowater Inc.) and certain of its subsidiaries

AWARDS & RECOGNITION

Jeff has been recognized as a leading pension and employee benefits practitioner in the following publications:

  • The Best Lawyers in Canada 2020 (Employee Benefits Law)

  • Chambers Canada: Canada’s Leading Lawyers for Business 2020 (Pensions & Benefits) (Jeff receives praise "for his expertise in providing support on pensions aspects of M&A deals, plan administration and investment management matters. He is responsive, accommodating and professional. He demonstrated that he is definitely a subject matter expert. We trust and rely on his counsel on all pension matters.")

  • The Canadian Legal Lexpert Directory 2019 (Repeatedly Recommended - Pensions & Employee Benefits)

  • Who's Who Legal: Canada 2018 (Labour, Employment and Pensions)