Phillips David High Resolution Image

David F. Phillips


Corporate Finance and Securities Lawyer for Underwriters and Issuers at Bennett Jones Calgary

T: 403.298.3031

David Phillips has over 30 years of experience advising corporations and underwriters on corporate finance and securities law matters. He has been the lead lawyer for the issuer or the underwriters on financings that have collectively raised more than $10 billion, including for the underwriters in 1997 on the then largest initial public offering in Canadian history.

David also advises corporations and boards of directors on mergers and acquisitions, corporate governance, compensation plans, securities commission filings and dealings with stock exchanges.

David is a regular speaker at securities conferences and other events and a lecturer for and graduate of the Directors Education Program of the Institute of Corporate Directors. He is a past chairman of the South Alberta Business Law Subsection of the Canadian Bar Association and has been a director of a number of public companies. Current community involvement includes the Major Donor Cabinet of the United Way of Calgary, the Impact Investment Committee of the Calgary Foundation and president of the Polar Peak Lodges strata council in Fernie, British Columbia. An insatiable appetite for travel has led David and his family to over 50 countries on six continents, including for a full year in the early 2000s.

Select Experience

  • Eagle Energy Inc., in connection with the successful defense against activist investors in a proxy contest for control of its board of directors (July 2017).
  • ESI Energy Services Inc., in connection with the reorganization with shareholders of Exploratus Ltd. and listing of ESI common shares on the Canadian Securities Exchange (November 2016)
  • Argent Energy, an Alberta income trust that operated and managed oil and gas properties located in the U.S., sold substantially all of its assets in its cross-border CCAA/Chapter 15 proceeding (May 2016)

Recent Publications

Recent Recognitions

  • 2017, The Canadian Legal Lexpert Directory

    Repeatedly recommended, Corporate Commercial Law
  • 2017, Lexpert/Report on Business Special Edition - Canada's Leading Corporate Lawyers

    Recognized as a leading corporate lawyer in Canada
  • 2016, Best Lawyers in Canada

    Recognized as one of Canada's leading securities lawyers

News & Speaking Engagements