Greg Leia

Education

Bachelor of Commerce University of Saskatchewan 1980
LLB University of Saskatchewan 1981

Qualifications

Admitted to Law Society of Alberta 1983

Employment Summary

Wolff Leia 1989 – Present
Duncan & Craig, Edmonton 1983-1988 (65 lawyers at the time) Insolvency Partner in 1987

Practice

Oil & Gas/Insolvency/Commercial Litigation/Securities Law/Tax

Oil & Gas Experience

Acted for junior oil and gas exploration companies in all capacities
land, regulatory compliance, acquisitions and dispositions in Alberta, Saskatchewan and Texas.

Insolvency Experience

Acted for banks, secured creditors, unsecured creditors and shareholder groups in corporate insolvencies

  1. Debt Restructurings: Hodgins Auctioneers Inc. TSXV-HA 2015
  2. Shareholder Group in Receivership of Northern Patriot Oil & Gas Ltd. 2014
  3. Managed large receivership files:
    • Imperial Development Canada Ltd in1984 for BNS
    • Capital City Credit Union Ltd. predecessors in 1986
  4. Led successful CCAA reorganization of national electronics firm – Multitech Warehouse Direct Inc. 1995
    • surviving entity traded as XS Cargo Income Fund on TSX
    • including QB and Court of Appeal applications
    • Multitech Warehouse Direct 32 Alta LR (3d) 62 (1995)
  5. Led successful BIA proposals for public companies:
    • Cambridge Environmental Systems Inc. 1997
Securities Experience
  1. From 2000 – 2016 – primarily acted for TSXV issuers in various transactions, including:
    1. Take Over Bids;
    2. Reverse Takeovers;
    3. Financings
  2. From 1997 – 2000, primarily acted for venture capital firms funding Canadian software companies on US securities platforms (OTC-BB, NASDAQ). Managed private placements, sub-debt financings, reverse takeovers, compliance and regulatory issues
  3. Have conducted administrative proceedings:
    1. Alberta Securities Commission hearings; and
    2. conducted appeals to Court of Appeal re: securities matters – Henderson v. ASC 2002
  4. Have been an officer, director and control person of a public company or subsidiary of public company:
    • Tenth Avenue Petroleum Corp (formerly Jadela Oil Corp) (May 2011 to present)
    • Kentz Canada Limited a subsidiary of SNC Lavalin (TSX) (2009 to present)
    • Antler Creek Energy Corp (2006 to 2009)
      (name changed to Pinecrest Energy Inc. in 2009 which amalgamated with Cardinal Energy Ltd in 2015)
Tax Experience
  1. Tax planning. Corporate reorganizations involving Canadian and US cross border transactions
  2. Tax appeals. Prepared legal analysis and pleadings for GST and income tax appeals
    • Libra Transport Ltd. (FCA- 2002)
  3. Tax Trials: Ex. Cambridge Environmental Systems Inc. 2002
Denotes a Professional Corporation