Impact of Barriers to Trade on Financing and Foreign Investment
The introduction and global spread of blanket tariffs and other restrictions on trade has had a number of intended and unintended consequences including influencing financing and investment. Panellists will consider impacts of tariffs on elements of finance and investment such as traditional finance based on corporate margins and leverage based on EBITDA (subject to increased volatility as a result of changes in supply chains and shipping lines); supply and asset-based finance using accounts receivable, inventory and equipment as collateral (subject to issues such as margin compression and collateral volatility), and investment in foreign trade zones and custom bonded warehouses.
Presenters
Primary Speakers

Don Waters
Toronto
Don Waters is a Toronto-based partner with McMillan LLP. His practice is focused on corporate debt finance and structured finance transactions, including syndicated lending, cross-border debt financings, securitization and project finance transactions.
Don’s experience in corporate debt financing transactions includes leading syndicated, bilateral, club, domestic and cross-border debt financings, debtor-in-possession financings and infrastructure projects for financial institutions, borrowers, syndicates and private equity sponsors. Don routinely acts in securitization and structured finance matters on behalf of sellers, financial institutions, asset providers, swap counterparties, liquidity providers and servicers. His expertise covers a variety of asset classes, including commercial and residential mortgages, trade receivables, collateralized debt obligations, personal credit lines and vehicle loans and leases.
Don is also co-chair of McMillan’s Japan desk. With experience gained at a leading Japanese firm of in Tokyo, he regularly acts for a number of Japanese financial institutions and corporations.
He is recognized in The Best Lawyers in Canada in Banking and Finance Law and Structured Finance Law and in the Canadian Legal Lexpert Directory in the area of Asset Securitization. Don is also named as a leading lawyer in IFLR1000 in Banking, Capital Markets: Debt and Capital Markets: Structured Finance and Securitization.
Other Speakers

Kenichi Tanizaki
Tokyo
Kenichi Tanizaki is a Senior Partner at Atsumi & Sakai; he is qualified as an attorney (Bengoshi) in Japan and is also admitted in New York. He currently co-heads the firm’s Project Finance Team and Derivatives Team.
He has experience advising major banks and financial institutions, fintech companies and venture capitalists on a wide range of banking and finance matters, including (i) API deployed by a bank, a securities firms, and insurance companies, (ii) cashless settlement, (iii) money transfer service, (iv) regulatory, compliance and AML/CFT issues and (v) other innovative services (e.g., emerging technologies, digital economy, AI, data protection, data usage).
Mr. Tanizaki has presented seminars on financial regulations, fintech and financial transactions at domestic and international financial institutions, as well as at seminar companies. He holds an LL.B degree from Kyoto University, an LL.M degree from Northwestern University School of Law and a J.D. from Omiya Law School.
Jorge Ignacio Mayora
Buenos Aires

Sean Muggah
Vancouver
Sean is a Vancouver-based partner with Borden Ladner Gervais LLP. He represents and advises clients on a wide range of corporate and commercial matters, with a particular focus on highly regulated industries and sectors.
He has extensive experience with mergers and acquisitions, disposition and acquisition of businesses on behalf of Canadian, U.S. and international companies, cross-border transactions, corporate reorganizations, joint ventures and partnership agreements in a wide variety of industries.
His practice spans a variety of sectors, including infrastructure and energy projects, and power and electricity.
He advises financial institutions (including credit unions, trust companies and insurance companies) on regulatory and other corporate/commercial matters.
Sean also has extensive experience advising clients in the education and not-for-profit sectors.
From 2000 to 2003, Sean was foreign counsel with a leading Japanese law firm in Tokyo, Japan, where his practice focused on cross-border commercial transactions.
Within BLG, Sean is the Regional Manager of our Corporate Commercial and Securities and Capital Markets Groups, and heads the firm’s Asia-Pacific Focus Group.

Rohitashwa Prasad
New Delhi
Rohitashwa is a Partner with Dentons Link Legal, New Delhi.
Admitted to practice in India and New York, his practice focuses on M&A, Private Equity, and Capital Markets.
In the more than 25 years of his practice, Rohitashwa has had extensive experience in advising various businesses, investment banks, private equity funds in multifarious transactions such as strategic acquisitions, asset sales, financial investments, joint ventures, fund raising, IPOs, QIPs and FCCBs. In his M&A practice, Rohitashwa has had particular experience in dealing with listed companies and advising on India’s Takeover Regulations. He also has significant experience of advising and interacting with the Government of India in its disinvestment programme. He has also, in the early years of his career, done litigation in the Supreme Court of India and in a State High Court in India.
Rohitashwa has a LL.M. from Harvard Law School (1999), a LL.B. from Campus Law Centre, University of Delhi (1995), and a B.A. (Economics) from the University of Delhi (1992).