Norton Rose Fulbright’s special situations team ranks among top 10 global legal advisors for shareholder activist campaigns

Press release - Recognition April 2019

Global law firm Norton Rose Fulbright’s Canadian special situations team is ranked among the top 10 global legal advisors in the 2018 Global Shareholder Activism Scorecard produced by Refinitiv, formerly Thomson Reuters Financial & Risk. 

This is the second time the firm has been selected for its work advising both companies and activists in shareholder activist campaigns.

Among the prominent campaigns that earned Norton Rose Fulbright this position was a significant mandate that involved a dispute over board control of the operators of one of Canada’s best-known loyalty programs, Aeroplan, which culminated in a hostile bid by Air Canada for the Aeroplan program owned by Aimia. The dispute over board control was initiated by Mittleman Brothers, a New York hedge fund, and ended with a settlement between Mittleman and Aimia. Norton Rose Fulbright was lead counsel to Aimia throughout the dispute. 

Orestes Pasparakis, Canadian co-chair of the special situations team, said:

“Norton Rose Fulbright’s inclusion in this scorecard highlights our unique practice and strategic role acting for activists, boards of directors and special committees on some of the most high-profile shareholder activist and defence mandates in Canada and globally.”

Walied Soliman, global and Canadian chair of Norton Rose Fulbright, and co-chair of the special situations team commented:

“It truly is a privilege for the special situations team to rank among the leading global shareholder activism legal advisors as it illustrates our ability to provide both companies and activists with practical and timely advice in high-pressure and high-stakes situations.”

Advisor rankings are compiled via publicly sourced documents such as press releases, SEC filings, public shareholder proposals, as well as quarterly survey disclosures.


For further information, please contact: 

Chantal Ouimet
External Communications Manager
Tel: +1 514.847.4349


Notes for editors:

Norton Rose Fulbright

Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.

Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.

Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see

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