Robert D. Betteridge

Practice Focus

  • Corporate Restructuring and Distressed Commercial Transactions
    • Distressed acquisitions and asset/share dispositions
    • Workout Finance/Refinancing
    • DIP Lending
  • Debt Finance
    • Project Finance/Acquisition Finance
    • Asset Backed Lending
    • Subordinated/Convertible Debt Products
    • Mid-Market and Syndicated Financing
    • Structured Finance and Securitization
  • Novel Financial Products
    • Quasi-equity
    • Receivables Factoring
    • Cash flow acquisition structures

Practice Areas

Education

  • University of Calgary, Bachelor of Laws, 1997
  • University of Calgary, Faculty of Science, Doctoral Program (Molecular Genetics), 1992-1995
  • University of Calgary, Bachelor of Science (Biochemistry), 1992

Bar Admission

  • Alberta 1998

Professional Associations

  • Member, Law Society of Alberta
  • Member, Canadian Bar Association
  • Member, Calgary Bar Association

Presentations

  • Presenter, Advanced Lending, Legal Education Society of Alberta Symposium, March 2016
  • Presenter, Introduction of Typical Debt Facilities, BD&P Banking Seminar, Current Issues for Junior Bankers: a Four-Part Seminar Series, March 15, 2016
  • Co-presenter, M&A Transactions: Private, Public & Acquisition Facilities, BD&P Client Seminar, October 2015
  • Presenter, 10 Must Have Clauses in a Canadian Factoring Agreement, International Factoring Association Annual Factoring Conference, New Orleans, April 2015
  • Presenter, Overview of Credit Transactions, BD&P Banking Seminar, September 18, 2013
  • Panel Member, Subordinated Debt - Where Does It Fit & Who Does It Impact?, BD&P Banking Seminar Series - Current Financing Alternative - Issues for the Borrower & Senior Secured Lender, June 8, 2011
  • Presenter, Trends in Alternative Debt Arrangements, BD&P Banking Seminar - The Borrower's Tool Box, May 11, 2011
  • Presenter, Dealing with Bumps on the Road, BD&P Banking Seminar - The Borrower's Tool Box, May 5, 2011
  • Presenter, Inside the Bank Process, BD&P Banking Seminar - The Borrower's Tool Box, May 18, 2011

Professional History & Recent Notable Transactions

In addition to ongoing ordinary course debt finance work providing advice to lenders and borrowers in the commercial mid-market and junior syndications, Robert has advised clients on a broad and complex array of financing, restructuring and commercial transactions including:

  •  Lead representation of a commercial client in the Oil & Gas service industry in respect of several multi-jurisdictional distressed asset disposition transactions, senior/subordinate debt restructuring, and the development and implementation of ‘pre-insolvency’ strategy
  • Lead representation to a private commercial lender in respect of a chain of companies in the hospitality sector and including a debt restructuring strategy through a proposal under the Bankruptcy and Insolvency Act, DIP financing and a wide ranging, multistage corporate reorganization and recapitalization plan
  • Lead representation of a corporate renewable energy client in respect of project finance for a privately owned, renewable energy project
  • Lead Canadian representation of a large international petrochemical industry client in respect of a Canadian expansion project
  • Transactional structure architect, and development of framework transactional documents for a corporate financial services client in respect of several unique cash flow acquisition transactions via use of a novel quasi-equity product
  • Lead representation and development of transactional structures and framework transactional documents for a regional corporate accounts receivable factoring client
  • Lead Canadian representation for a large international lending syndicate to an international Oil & Gas corporation and including pre-insolvency strategic advice and implementation of a pre-insolvency credit enhancement and security redevelopment strategy
  • Lead representation of a financial institution in respect of a covert senior debt refinancing and replacement by way of a silent debt participation arrangement

Prior to re-joining BD&P in 2002, Robert worked in the Structured Finance department of a London ‘Magic Circle’ law firm where his practice was focused on European securitization transactions.  

Firm & Professional Involvement

  • Sessional Lecturer, University of Calgary Law School, Restructuring & Insolvency, 2015 to present
  • Instructor, University of Calgary Law School, Secured Transactions, 2013-2015
  • Business Unit Leader, BD&P's Banking & Finance Business Unit