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ARTICLE · 24 JUNE 2020

BLG Clients Aimia Inc. And Kognitiv Corporation Have A Significant Win

Borden Ladner Gervais LLP
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BLG is pleased to announce that the Quebec Superior Court (Civil Division) in the District of Montreal (the Court) issued a decision in favour of our clients...

CanadaAntitrust/Competition Law
Alexander De Zordo
Alexander De Zordo
Fred Pletcher
Fred Pletcher
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BLG is pleased to announce that the Quebec Superior Court (Civil Division) in the District of Montreal (the Court) issued a decision in favour of our clients Aimia Inc. and Kognitiv Corporation, dismissing the application for injunctive relief filed by Air Canada and Aeroplan Inc.

Air Canada had taken an Application for provisional, interlocutory and permanent injunction to enjoin Aimia Inc. and Kognitiv Corporation Inc. from closing their announced merger.

The proposed combination of Aimia's Loyalty Solutions business, which includes Intelligent Shopper Solutions and the Air Miles Middle East program, with a subsidiary of Kognitiv Corporation, an innovator in loyalty peer-to-peer trading and collaborative commerce, was announced on April 29, 2020. Air Canada had argued that the transaction would breach non-competition and confidentiality provisions included in Aimia's $516 million sale of loyalty program Aeroplan to Air Canada in November 2018.

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