Richard P. Borden
Practising extensively in the area of complex commercial transactions, Rick focuses on large-scale projects and financings in the energy sector including oil sands projects, pipeline projects, LNG projects, and wind farm projects. His clients include major Canadian banks and project sponsors and he has strong relationships with the key project lending specialists within the major Canadian banks.
He has also developed expertise in joint venture transactions in the oil and gas industry and often advises on matters such as voting, default and remedy provisions in joint venture agreements. Rick generally acts as the lead counsel on all of the transactions in which he is involved and is directly involved in structuring matters, due diligence investigations, negotiation of the key business terms and drafting from the term sheet stage through to final documentation.
In addition, he has been extensively involved in negotiating intercreditor agreements and third party consents and acknowledgements with third party project participants in various project financings. Whether acting for borrowers or lenders, Rick's strength lies in combining a high degree of technical expertise with a commercial approach which facilitates the successful completion of complex financings.
- University of Regina, B.A., 1980
- University of Saskatchewan, LL.B., 1983
- Alberta, 1984
- Member, Law Society of Alberta
- Member, The Calgary Bar Association
- Currently acting for Kitimat LNG Inc. Which is arranging financing and transportation arrangements for the construction of an LNG import, regasification and send-out terminal near Kitmat, British Columbia
- Currently acting for Marathon Oil Canada on joint venture matters relating to the Athabasca Oil Sands Project.
- Currently acting for OPTI Canada Inc. on financing and selected joint venture matters.
- Currently acting for UTS Energy on financing matters relating to the Fort Hills Oil Sands Project.
- Currently acting for EarthFirst Canada Inc. on financing matters relating to the Dokie I Wind Farm Project.
- Currently acting for Imperial/Conoco-Phillips/Shell in financing matters relating to the Mackenzie Valley Pipeline Project and their relationship with Mackenzie Valley Aboriginal Pipeline Limited Partnership.
- Currently acting for TD as financial advisor to Synenco Energy Inc. in financing the development of the Northern Lights Oil Sands Project.
- Acted for Taylor NGL Limited Partnership on its recent acquisition and financing of the Harmattan gas processing complex.
Acted in 2004 for Taylor Gas Liquids in the acquisition and construction of various ethane and related pipeline with Nova Chemicals Corporation. - Acted in 2003 and 2004 for various issuers of U.S. notes to U.S. institutional investors.
- Acted in 2002 and 2003 for CIBC in financing the acquisition of the Cold Lake Pipeline System by Inter Pipeline Fund.
- Acted in 2000 and 2001 for Alliance Pipeline in various contracting matters relating to Aux Sable.
- Designated as a "Best Lawyer in Canada", 2009
- Banking Law
- Project Finance
- Chambers Global Band 3 Ranking
- Banking & Finance
- Designated as a Leading Practitioner, 2008 Lexpert/ALM 500
- Banking Law
- Project Finance Law
- Designated as a "Best Lawyer in Canada", 2007
- Banking Law
- Project Finance Law
