Bond Covenants

Bondholder Litigation Support

Twist Financial provides expert witness reports, pills testimony and litigation support in various areas of the capital markets.  Previous cases have included the BCE vs. Bondholders case that went to the Supreme Court of Canada, high yield emerging markets debt, and determining the current value of damages due to Telus bondholders in a case of early redemption.

Expert Witness - BCE vs. Bondholders

Dr. Puffer was a key expert witness and provided litigation support for BCE and their partners vs. bondholders in the context of Canada’s largest ever Leveraged Buyout transaction. The case was decided in favour of BCE at the Supreme Court of Canada and has had important effects on the Canadian market. An article by Twist Financial on the Implications of the BCE transaction and court case on corporate bondholders in Canada can be found here.