David E. Thring

Partner


Toronto

Tel : 416.307.4028
Fax : 416.865.7048

Email : david.thring@mcmillan.ca
VCard : vcard

Professional Activities

David Thring has been a partner with the firm since 1986.

His diverse practice includes secured lending, banking, project finance, mergers and acquisitions, restructurings and corporate/commercial.  David is also a member of the Public-Private Partnerships Group, the Environment, Energy & Emissions Trading  Group and the Business Restructuring & Insolvency Group.

He has worked with a wide range of local and international clients in a variety of capacities. His clients include banks, both domestic and foreign, venture capital investors, manufacturers, both domestic and international, businesses in the service sector and two Ministries of the Ontario government.

Special Recognition

  • Listed in The Best Lawyers in Canada 2012 as a leader in Banking and Finance Law.

Memberships

  • Canadian Bar Association, Business Law Section
  • Ontario Bar Association
  • Canadian Council for Public-Private Partnerships

Directorships

  • Toronto Rehabilitation Institute (past Chair, Board of Directors)

Community Involvement

  • Member, Capital Redevelopment Committee, The New Women's College Hospital, Toronto
Representative Transactions

  • Acts for Canadian banks, insurance companies and pension funds on secured loans.
  • Acts as counsel for Canadian borrowers on multi-national syndicated bank loans.
  • Acted as Canadian counsel on behalf of Citibank, N.A., as collateral agent, and the lenders on U.S. $4.3 billion first lien credit facilities provided to Chrysler Group LLC and its subsidiaries and the purchase of U.S. $3.2 billion second lien notes issued by Chrysler Group LLC.
  • Acted for a U.S. issuer and its Canadian subsidiary on a cross-border private placement of senior secured notes of US$130.5 million and C$76 million, secured by toll revenues of an international bridge.
  • Advised a foreign bank and a Canadian financial institution on the restructuring of non-bank issuers of asset-backed commercial paper.
  • Has acted for government and non-government sponsors for procurement and finance of public infrastructure, including hospitals and bridges.
  • Advises manufacturers and other businesses on financings, contracts, acquisitions and divestitures in Canada and other countries.
  • Acted for Newport Partners Income Fund and Drive Products Income Fund on their initial public offerings and conversion to income trusts and related credit facilities.
  • Acted on behalf of a manufacturing client on the acquisition and financing of new businesses in China, the U.S., Europe, South America and Canada.
  • Has acted for private equity funds and venture capital investors in convertible debt, preferred share and equity financings.

publications and presentations
April 2012
crowdfunding – could it help finance innovation in Canada?
bulletin
December 2011
California launches cap and trade – will other WCI jurisdictions follow?
energy and emissions trading bulletin
Winter 2010
The Long Road to a Kyoto Successor: COP15 – Goals and Hurdles
Lang Michener LLP Environment, Energy and Emissions Trading Brief Winter 2009/2010
Fall 2010
Update on Cap And Trade
Environment, Energy & Emissions Trading Brief Winter 2010/2011


  • banking & project finance
    • financial services
    • public private partnerships
  • business restructuring & insolvency
  • corporate 
    • mergers, acquisitions and divestitures
  • environment, energy & emissions trading
  • financial institutions / financial services
Called to the Ontario bar - 1981

University of Toronto, LLB - 1979

University of Western Ontario, BA (Hons. Economics and Political Science) - 1976

University of Toronto, Certificate of Achievement in Carbon Finance - 2010