Michael Burns 

Michael Burns

Toronto
Brookfield Place, Suite 4400
181 Bay Street
Toronto, Ontario M5J 2T3

t: 416.865.7202
e: michael.burns@mcmillan.ca

overview

Michael Burns is a partner in the Capital Markets and M&A Group in the Toronto office. He provides advice on all facets of securities law with a particular emphasis on alternative investment funds, mutual funds and structured products. Michael has extensive experience in the structuring, offering and sale of both domestic and foreign-domiciled investment funds.

Michael's securities law work includes a wide variety of transactions including mergers and acquisitions, divestitures, take-over bids (hostile and friendly), proxy contests, private placements, rights offerings, and initial public offerings, acting on behalf of both issuers and underwriters/agents.

Michael's corporate finance experience has included issuers in industries such as mining (both junior and senior issuers), technology, advertising/corporate communications, television/entertainment production, real estate investment trusts and transportation.

Michael provides on-going advice to public issuers concerning continuous disclosure obligations, shareholder communications, executive compensation, corporate governance, preparations for annual and special meetings as well as general corporate matters.

Representative Matters

  • Represents and advises investment fund managers and portfolio managers on the structuring and offering of alternative investment funds and other pooled investment products and investment advisory services in Canada.
  • Represents and advises Canadian investment fund managers on the structuring and offering of offshore hedge funds.
  • Structuring and offering of private equity funds.
  • Extensive experience in the registration and ongoing compliance obligations of investment fund managers, portfolio managers and dealers under applicable securities legislation.
  • Advises foreign-domiciled investment fund managers on the offering and registration requirements associated with the marketing and distribution of the securities of foreign domiciled investment funds in Canada.
  • Represents and advises issuers and dealers in connection with offering of securities in Canada via public offering (prospectus) and private placement.
  • Represents issuers and underwriters in connection with private placement bond offerings in connection with public-private partnership (P3) projects
  • Acts on behalf of both acquirors and targets on mergers, acquisitions and take-over bids (friendly and hostile).
  • Represents shareholders in connection with proxy contests.
  • Advises issuers with respect to continuous disclosure obligations and corporate governance matters in Canada.
  • Generally advises on corporate, commercial and securities law matters.

Publications

A New Tax on Investment Funds: Distributions to General Partners (GPs) of "Investment Limited Partnerships" Possibly Subject to GST/HST
Regulatory Reset for Reports of Canadian Private Placements
Last revised in June 2016, regulators are taking another kick at Form 45-106F1
Taking CASL by Storm: Compliance Tips for Investment Fund Managers
Regulators Rethink "Best Interest" Standard for Registrants

News

McMillan Claims Top Canadian Law Firm Award at the 10th Annual Canadian Hedge Fund Gala

Education

  • Dalhousie University, LLB - 1990
  • Dalhousie University, B.Comm. (Cum Laude) - 1987

Year Of Call

  • Called to the Ontario bar - 1992

Practices

investment funds and asset management
private equity
capital markets
takeover bids
IPOs and alternative IPOs
acquisitions and divestitures
public-private partnerships
business law
mergers and acquisitions
proxy contests

Industries

funds
investment dealers
investments
alternatives
infrastructure
mining
public-private partnerships

Directorships and Professional Associations

  • Canadian Bar Association
  • Alternative Investment Management Association, Canada-Chairman
  • Investment Fund Institute of Canada
  • Ontario Bar Association - Securities Law Subcommittee

Community Involvement

  • Minor hockey coach
  • Minor baseball coach

Awards & Rankings

  • Ranked as “Leading Practitioner - Repeatedly Recommended” – Investment Funds and Asset Management – 2016 The Canadian Legal Lexpert Directory
  • 2016 Investment Funds Expert Listing (Canada) – Expert Guides –The World’s Leading Lawyers Chosen by Their Peers
  • Recognized in the 2015 and 2016 Editions of Who’s Who Legal: Canada (Private Funds)
vcard

Michael Burns is a partner in the Capital Markets and M&A Group in the Toronto office. He provides advice on all facets of securities law with a particular emphasis on alternative investment funds, mutual funds and structured products. Michael has extensive experience in the structuring, offering and sale of both domestic and foreign-domiciled investment funds.

Michael's securities law work includes a wide variety of transactions including mergers and acquisitions, divestitures, take-over bids (hostile and friendly), proxy contests, private placements, rights offerings, and initial public offerings, acting on behalf of both issuers and underwriters/agents.

Michael's corporate finance experience has included issuers in industries such as mining (both junior and senior issuers), technology, advertising/corporate communications, television/entertainment production, real estate investment trusts and transportation.

Michael provides on-going advice to public issuers concerning continuous disclosure obligations, shareholder communications, executive compensation, corporate governance, preparations for annual and special meetings as well as general corporate matters.

  • Represents and advises investment fund managers and portfolio managers on the structuring and offering of alternative investment funds and other pooled investment products and investment advisory services in Canada.
  • Represents and advises Canadian investment fund managers on the structuring and offering of offshore hedge funds.
  • Structuring and offering of private equity funds.
  • Extensive experience in the registration and ongoing compliance obligations of investment fund managers, portfolio managers and dealers under applicable securities legislation.
  • Advises foreign-domiciled investment fund managers on the offering and registration requirements associated with the marketing and distribution of the securities of foreign domiciled investment funds in Canada.
  • Represents and advises issuers and dealers in connection with offering of securities in Canada via public offering (prospectus) and private placement.
  • Represents issuers and underwriters in connection with private placement bond offerings in connection with public-private partnership (P3) projects
  • Acts on behalf of both acquirors and targets on mergers, acquisitions and take-over bids (friendly and hostile).
  • Represents shareholders in connection with proxy contests.
  • Advises issuers with respect to continuous disclosure obligations and corporate governance matters in Canada.
  • Generally advises on corporate, commercial and securities law matters.