Courtney Yoo

Associate

Emailcourtney.yoo@ca.dlapiper.com

Call+1 780 ‎429 6829‎

Edmonton

About

Areas of FocusCorporate Technology and Commercial Transactions Mergers and Acquisitions Employment

Bar admissionsAlberta, 2022

EXPERIENCE

Advised and assisted the Plan Sponsor in the winding-up, and associated annuity buy-in and buy-out purchase transactions, of the defined benefit portion of their employee pension plan, including:
- Negotiated along with the Plan’s actuary the pension-risk transfer (buy-in annuities) with insurance companies, including the review, revision and drafting of annuity purchase contracts;
- Assisted and advised the Plan Sponsor in the navigation of the regulatory scheme, including pension and tax legislation, with respect to the wind-up of the defined benefit portion of the Pension Plan, and the annuity buy-in and buy-out contracts with multiple insurance companies;
- Assisted Plan Sponsor with all legal steps associated with the wind-up and the annuity contracts (the buy-out) for the members, deferred members and pensioners of the defined benefit portion of the Pension Plan;
- Drafted amendments to the Pension Plan text with respect to the wind up and pension-risk transfer;
- Assisted Plan Sponsor with the post-transaction regulatory components, such as the withdrawal of plan surplus.
Provided governance advice to Pension Plans on matters including governance policies, statements of investment policies and procedures, appeal policies and similar administrative practices and policies.
Advised Plan Sponsors on restructuring their Private Health Services Plans in order to comply with changes in the Income Tax Act.
Advised Pension plans and other Benefit Plans on investments being considered by those Plans such as private equity funds and other structured investments, in addition to investment management agreements between the Plans and their Investment Managers.
Advised multi-employer pension plans with respect to several significant investments of approximately $10,000,000 USD in Delaware Limited Partnership Funds, including a Tax-Exempt Fund which was among a four-structure group of funds used to accommodate U.S ‎taxable Limited Partners, Canadian Limited Partners and certain Foreign Limited Partners‎.
Act for a number of Canadian Chartered Banks and large, Alberta-based, commercial lenders.‎
Act for borrowers and lenders in structuring and negotiating significant secured credit facilities across a range of industries.