Mark Warner Discusses “Negative Oil”, Re-opening Business, Price-Gouging and Foreign Investment Review on CBC
Mark Warner was interviewed on the CBC Weekend Business Panel about “negative oil” prices, concerns for businesses as jurisdictions begin to re-open, price gouging lawsuits and increased foreign investment screening in the wake of the COVID-19 pandemic. (April 25, 2020) Mr. Warner is a Canadian and U.S. lawyer who has practiced in Toronto, Washington, DC and New York and has advised governments on trade policy and trade negotiations and previously worked on trade and competition issues as counsel in the OECD Trade Directorate. Mr. Warner has provided competition law advice to a major oil company concerning oil refining and retail distribution in North America and on the first ever post-accession EC notification of a merger involving two of Central Europe’s largest refiners of crude oil and has participated in complex securities / antitrust investigations by the SEC and DOJ. Mr. Warner has also participated in an international arbitration relating to the expropriation of the assets of a U.S.-based oil company in Libya and related issues under applicable sanctions and foreign asset control rules.
Mr. Warner was Legal Director of the Ontario Ministry of Economic Development & Trade and led the Province’s legal team for the insolvency / restructuring of General Motors and Chrysler in the difficult context of the 2008-2009 Recession. As Legal Director was responsible for negotiating and drafting Government of Ontario grant and loan agreements to leading global companies for jobs, investment, research and manufacturing projects in Ontario, including for clean energy (solar and wind) and advising on the adoption of the Green Energy Act (Ontario) and a WTO challenge by Japan to its domestic content provisions. As a former Acting Legal Director for the Ontario Ministry of Consumer Services, Mark was responsible for prosecutions under the provincial consumer protection laws and regulations.