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  • Article

    Ontario Superior Court Rules On Fair Value In Baffinland Dissent Decision

    In a recent decision, the Ontario Superior Court of Justice found that the price at which a takeover bid process was ultimately consummated was the fair value of the dissenting shareholders' shares.
    CanadaCorporate/Commercial Law
    Osler, Hoskin & Harcourt LLP
    Osler, Hoskin & Harcourt LLP
  • Article

    Oppression Remedies May Be Lost Through Delay

    If the affairs of a company are conducted in a manner that is unfairly prejudicial to or that unfairly disregards the interests of a complainant (such as a shareholder, director or officer), ..
    CanadaCorporate/Commercial Law
    Lerners LLP
    Lerners LLP
Article

Proposed Replacement Of The Ontario Securities Act

On February 2020 the Ontario government formed the Capital Markets Modernization Taskforce (the "Taskforce") to seek advice and input from people and organizations on modernizing Ontario's capital markets...
CanadaCorporate/Commercial Law
Gardiner Roberts LLP
Gardiner Roberts LLP
  • Article

    Recent SEC Enforcement Actions Put Spotlight On Schedule 13D (Early Warning Reports) Update

    In Canada, the early warning system differs from the Section 13(d) regime.
    CanadaCorporate/Commercial Law
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    Removal Of Director Residency Requirements Among Proposed Legislative Amendments Designed To Give Ontario Businesses More Flexibility

    This week, the Government of Ontario introduced the Better for People, Smarter for Business Act, 2020, which contains proposed legislative amendments to the Business Corporations Act (OBCA) ...
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    Securities Regulators Provide Guidance To Improve Transparency For Reporting Issuers In The Cannabis Industry, Providing Lessons For All

    The cannabis sector has experienced significant growth in the past few years driven by a surge of commercial transactions and M&A activity.
    CanadaCorporate/Commercial Law
    Bennett Jones LLP
    Bennett Jones LLP
  • Article

    TSX Endorses ISS And Glass Lewis Guidelines For Advance Notice Policies

    The TSX has reviewed 25 randomly selected advance notice policies adopted by TSX-listed issuers and has identified a number of its concerns in a Staff Notice published on March 9, 2017.
    CanadaCorporate/Commercial Law
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    TSX Publishes Guidance On Advance Notice Policies

    The TSX has reviewed 25 randomly selected advance notice policies adopted by TSX-listed issuers and has identified a number of its concerns in a Staff Notice published on March 9, 2017.
    CanadaCorporate/Commercial Law
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    Go Directly To Jail. Do Not Pass Go. Pay $250,000.

    An Ontario court has sentenced two corporate directors to jail time and fined the company $250,000 when a worker was killed after falling from an elevated platform tacked on to the forks of a forklift.
    CanadaEmployment and HR
    McLennan Ross LLP
    McLennan Ross LLP
  • Article

    Worker Fatality Leads To Fine And Jail Sentences

    An Ontario company was recently fined $250,000 and two of its directors were each ordered to serve 25 days in jail as a result of a workplace fatality.
    CanadaEmployment and HR
    Osler, Hoskin & Harcourt LLP
    Osler, Hoskin & Harcourt LLP
  • Article

    Former Massey Energy Company CEO Sentenced To One Year In Prison

    A Federal District Court Judge in West Virginia has sentenced former Massey Energy Company CEO, Donald Blankenship, to the maximum allowable sentence after his conviction by a jury last fall.
    CanadaEnergy and Natural Resources
    Aird & Berlis LLP
    Aird & Berlis LLP
  • Article

    For Environmental Liability, Who Is An "Officer"?

    Section 194 of the Ontario Environmental Protection Act imposes substantial duties on corporate officers and directors, without defining who they are.
    CanadaEnvironment
    Siskinds LLP
    Siskinds LLP
  • Article

    Update: "Taking The High Road" – Crossing The Canada/US Border Following The Legalization Of Cannabis

    In our previous blog post, we discussed the serious implications of cannabis affiliation at the U.S. Border.
    CanadaFood, Drugs, Healthcare, Life Sciences
    Devry Smith Frank LLP
    Devry Smith Frank LLP
  • Article

    Directors' Liability - Duties During Insolvency

    In a previous post, we discussed areas of exposure and avenues for recourse for directors of insolvent companies. In this post, we look at how directors' legally prescribed duties may shift during insolvency.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Gehlen Dabbs
    Gehlen Dabbs
  • Article

    Punitive Damages And Ontario’s New Secondary Market Liability Regime

    The Ontario Superior Court of Justice recently considered whether punitive damages against officers and directors were available under Ontario’s new secondary market liability regime.
    CanadaLitigation, Mediation & Arbitration
    Gowling WLG
    Gowling WLG
  • Article

    Shareholder Oppression Class Proceedings

    In its November 8, 2010 decision in "Jellema v. American Bullion Minerals Ltd." the Court of Appeal for British Columbia decided that shareholder oppression claims can be certified as class proceedings.
    CanadaLitigation, Mediation & Arbitration
    Borden Ladner Gervais LLP
    Borden Ladner Gervais LLP
  • Article

    Not Just A Cyber Attack: Evolving Issues For Director And Officer Liability In The US And Canada

    Can directors and management of a company be personally liable for a cybersecurity attack on their watch? Recent charges filed by the U.S. Securities and Exchange Commission ("SEC")...
    GlobalTechnology
    Pallett Valo LLP
    Pallett Valo LLP
  • Article

    Alberta's Removal Of Director Residency Requirements Coming Into Effect

    Previously passed changes to the Business Corporations Act (Alberta) and the Companies Act (Alberta) are expected to be proclaimed in force by the Alberta Government on March 29, 2021.
    CanadaCorporate/Commercial Law
    Gowling WLG
    Gowling WLG
  • Article

    Alberta Securities Commission Proposes Adoption Of Gender Diversity Disclosure Requirements

    On September 14, 2016, the Alberta Securities Commission (ASC) published for comment proposed amendments to National Instrument 58-101...
    CanadaCorporate/Commercial Law
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Battles For Control Of A Company: Practical Lessons From Wells v. Bioniche Life Sciences Inc.

    A group of dissident shareholders attempted to gain control of Bioniche Life Sciences Inc. by requisitioning a shareholders’ meeting to replace the Company’s management.
    CanadaCorporate/Commercial Law
    Norton Rose Fulbright Canada LLP
    Norton Rose Fulbright Canada LLP
  • Showing 241–260 of 2196 results

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