Weil advised Glencore Canada Corporation (a subsidiary of Glencore plc) and certain of its affiliates on its acquisition of substantially all of the assets of Li-Cycle Holdings Corp. and its subsidiaries in connection with Li-Cycle\u2019s CCAA proceedings in Canada and chapter 15 recognition proceedings in the United States, and its debtor-in-possession financing.\u00a0<\/p>\n
The transaction represents a significant consolidation in the battery recycling sector, with mining giant Glencore expanding its presence in the battery materials supply chain.\u00a0The deal includes Li-Cycle\u2019s battery recycling facilities in the United States, Germany\u00a0and Canada. The deal also includes Li-Cycle\u2019s Rochester Hub project and intellectual property portfolio.<\/p>\n
The Weil team was led by Mergers & Acquisitions partners Mariel Cruz<\/a>\u00a0and David Avery-Gee<\/a>, Banking & Finance Co-Head Justin Lee<\/a>\u00a0and Banking & Finance partner Brendan Conley<\/a>,\u00a0and Restructuring Co-Chair Matt Barr<\/a>\u00a0and Restructuring partner Chase Bentley<\/a>. The team also includes Mergers & Acquisitions partners Sarah Flaherty<\/a>\u00a0and Eoghan Keenan<\/a>, counsel Christina De Vuono, and associates Alan Chan<\/a>, Vincent Calderon<\/a>, Jason Klig<\/a>, Jess Serviss<\/a>, Erin Bertens<\/a>, Tanja Koivistoinen<\/a>, Brendan Spagnuolo, Sidy Traore<\/a>\u00a0and Gabriel Rosen<\/a>; Corporate counsel Karsten Krumm<\/a>\u00a0and Romain Letard<\/a>, and associates Ludovic Grandi and Dennis Simon<\/a>; Capital Markets partner Heather Emmel<\/a>\u00a0and associate Sakshi Sharma<\/a>, Restructuring partner Matthias Eiden<\/a>\u00a0and associates Sean Sheng, Resilda Karafili<\/a>\u00a0and Loren Findlay<\/a>; Banking & Finance counsel Evan Nichols<\/a>\u00a0and Thomas Zimmermann<\/a>, and associates Dan Cruickshank<\/a>, Hans-Christian Mick<\/a>\u00a0and Josef Matoussi<\/a>; Head of M&A Tax and International and Cross-border Tax Devon Bodoh<\/a>\u00a0and associates Zachary Torres<\/a>\u00a0and Carlos Parra<\/a>; Environmental partner Seth Kerschner<\/a>\u00a0and associate Graham McHenry; Real Estate attorney Leslie Smith<\/a>\u00a0and associates Lucas Kilravey, Matt Leheny, Tamar Ungar<\/a>\u00a0and Madison Furlotti<\/a>; Technology & Intellectual Property partner Kane Wishart<\/a>\u00a0and associates Adeline Park<\/a>\u00a0and Brendan McNerney<\/a>; and Public Company Advisory Group Co-Head Howard Dicker<\/a>\u00a0and partner\u00a0Steven Bentsianov<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Weil advised Glencore Canada Corporation (a subsidiary of Glencore plc) and certain of its affiliates on its acquisition…\n","protected":false},"author":2,"featured_media":47301,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21233],"tags":[23702,23701,9627,23703,6219,23704,23709,23698,23705,23706,23710,23711,23707,23699,21244,20709,27,23712,23700,3054,23708,3051,7699,23713,73,23714],"class_list":["post-47300","post","type-post","status-publish","format-standard","has-post-thumbnail","category-glencore","tag-antitrust-cartel-and-investigations","tag-antitrust-litigation","tag-banking-finance","tag-bankruptcy-litigation","tag-capital-markets","tag-chapter-9-municipal-bankruptcy-representations","tag-creditor-representations","tag-dallas","tag-debtor-representations","tag-distressed-ma","tag-environmental-litigation","tag-environmental-transactions","tag-financial-sponsor-transactions","tag-frankfurt","tag-glencore","tag-governance","tag-london","tag-mergers-acquisitions","tag-miami","tag-new-york","tag-out-of-court-prepackaged-restructurings","tag-real-estate","tag-restructuring","tag-securities-reporting-group","tag-tax","tag-technology-ip-transactions"],"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/47300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=47300"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/47300\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/47301"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=47300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=47300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=47300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}