Brown Mills Klinck Prezioso LLP

Firm Details: Boutique Pension and Benefits Firm in Canada

Managing Partners: Elizabeth M. Brown, Terra L. Klinck, John Prezioso, Sean Maxwell, Lindsay McLeod, Jennifer Agnew

Number of partners: 6

Number of lawyers: 11

Firm Overview:

Brown Mills Klinck Prezioso LLP is a boutique law firm in Canada whose lawyers focus solely on providing pension, benefits and executive compensation law advice to employers and plan administrators. All of our lawyers have dedicated their entire career to advising clients regarding pension, benefits and executive compensation law and we practice exclusively in this area. It’s what we do.

BMKP Law was founded in 2017 by four senior practitioners, and the partnership has since grown to six lawyers, all of whom have devoted 100% of their practice to pension, benefits and executive compensation law. All of the partners have a reputation for providing practical and creative solution-oriented advice to employers and pension plan administrators. They have been involved in many of the most significant Canadian pension and benefits transactions.

BMKP Law's associates (Pamela Odina, Maggie Carmichael, Lauren Graham, Bayley Winkel) and one senior counsel (Cary Wong) round out the firm’s considerable bench strength and are likewise dedicated to pension, benefits and executive compensation law. The firm prides itself on providing practical, business focused advice to our clients. We seamlessly partner with clients’ actuarial, financial and other legal advisors to provide top-notch specialized legal advice. We also have a strong track record of providing creative and innovative legal solutions that reflect an in-depth understanding of the nuances of pensions and benefits law.

BMKP Law's lawyers have been recognized by:

■ Chambers(TM)

■ Best Lawyers(TM)

■ Lexpert(TM)

■ Who’s Who Legal(TM)

■ The Legal 500(TM)

Representative Work

■ Advises large professional organizations on legal aspects of the design, implementation and maintenance of a novel defined contribution retirement program for its membership.

■ Acted as pension and benefits counsel in the highly complex, successful restructuring of one of Canada’s largest steel companies.

■ Advises the employer sponsor of a newly established Ontario based jointly sponsored pension plan and the associated governance and regulatory aspects of the consolidation of multiple single employer pension plans. This is the first newly created multi-employer JSPP under Ontario’s JSPP conversion regime and is the largest university sector pension arrangement in the country with assets on conversion estimated at $10 billion.

■ Represented a foreign parent corporation in defending two proposed Newfoundland and Labrador class actions seeking damages in relation to pension and benefits claims related to insolvent Canadian subsidiaries.

■ Advises on multiple Canadian buy-in and buy-out annuity transactions including those involving multi-tranche and multijurisdictional purchases and other novel transactions.

■ Advised on pension and benefit matters in conjunction with a large acquisition transaction by a major Canadian bank.

■ Assisted a large employer and pension plan administrator on its engagement of an outsourced chief investment officer to invest a portfolio of defined benefit pension plan, defined contribution and supplemental pension assets totaling over $3 billion.

■ Advised the employer sponsor of a public sector jointly sponsored pension plan on the creation of a new benefit option under the plan for the not-for-profit sector.

■ Assisted in implementation of a number of conversions from defined benefit to defined contribution pension plans for both provincially and federally regulated employers.

■ Acted as pension counsel to large defined benefit pension plan administrators in applications before the Canadian Human Rights Tribunal and the Ontario Human Rights Tribunal.