Toronto Business and Corporate Services Lawyer Frank  Shostack
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YEAR OF CALL: 1970
EDUCATION: University of Toronto, Faculty of Law, Toronto
ASSOCIATIONS: Canadian Bar Association, Ontario Bar Association, American Bar Association, Canadian Tax Foundation and International Law Firms.

Frank Shostack

B.A., J.D., LL.M., ICD.D.


Frank Shostack is an experienced Toronto business, corporate and tax lawyer. He has been practising law for over 46 years, advising clients on matters pertaining to corporate finance, corporate tax planning, acquisitions, mergers, joint ventures, divestitures, licensing and other contract negotiations, shareholder and business disputes, and corporate governance. He received his Juris Doctor (JD) degree from the University of Toronto and was called to the Ontario Bar in 1970. Frank subsequently obtained his Master of Laws degree from Osgoode Hall Law School, specializing in corporate law and tax planning.

Frank also has significant experience in operations management, which he has used to assist clients with their strategic planning efforts, as they build and grow their businesses. Through his commitment to quality, and his dedication to his clients, Frank has established many long-standing client relationships and solidified his reputation as a practical legal and business adviser.

As a Toronto corporate and business lawyer, Frank applies his extensive training, experience and solution-oriented approach to resolve competing business interests that often arise during complex multi-party transactions. For further information about business, corporate or tax law, please contact Frank Shostack at frank.shostack@devrylaw.ca or at 416-446-5818.



Publications

Some of Frank’s noteworthy transactions include:

Representing the seller of a $30 Million road paint manufacturing business;

Representing a Canadian insurer on a $32 Million purchase of a US life reinsurance company;

Representing a foreign insurer on the $78 Million sale of its Canadian insurance subsidiary to a private equity group;

Advising a 20 person minority shareholder group on its participation in a $40 Million purchase of a general insurance agency;

Assisting in the structuring of a $17 Million merger of two general insurance brokerages and representing one of the merging parties on the transaction and financing by a Canadian Chartered Bank;

Representing a Canadian manufacturer on the $450 Million (combined debt and equity) sale of its captive finance company to a US financial institution;

Advising a 50% shareholder that was facing an “oppression” remedy threat from his co-shareholder, and negotiating a “shot-gun” buy-sell agreement, resulting in the client purchasing the business.



News and Media


Seminars

Frank has conducted the following in-house seminars for the Firm:

  • Creating a Personal Professional and Business l Development Plan
  • Effective Legal Writing
  • Creating a Successful Working Relationship with your Assistant (Frank’s legal assistant, now law clerk, has worked with him since 1976)

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