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In January and February of 2012, Justice Morawetz of the Ontario Superior Court of Justice (Commercial List) released two decisions in which he authorized a debtor-in-possession ("DIP") financing charge, an administration charge, and a directors and officers ("D&O") charge ranking ahead of, among other claims, possible pension deemed trusts over the objection of the debtor companies’ unions and on notice to the members of the companies’ pension administration committees.

Alberta’s <I>Environmental Protection and Enhancement Act</I> was recently amended to give the Director (as appointed by the Minister under the Act) new powers—powers to impose clean-up "instructions" when a release is reported. Those amendments have not yet been proclaimed in force.

On May 6, 2010, the British Columbia Securities Commission ("BCSC") released summary reasons for its April 27, 2010 decision to invalidate the shareholder rights plan ("SRP") or "poison pill" that had been adopted by Lions Gate Entertainment Corp. in response to the unsolicited take-over bid made by Icahn Partners LP and its related funds ("Icahn").

When growing your business, you face many decisions, including choosing the business structure that is right for you.

Following initial consultation and draft publication for comment, ISS has issued the Amended Policy, which will apply to TSX-listed issuers for the 2017 proxy season.

Running a corporation in Alberta involves juggling numerous administrative tasks and deadlines. Missing any of these crucial dates can lead to significant legal and financial repercussions.

An incorporated company is a separate, distinct legal person. The "corporate veil" is a term used to describe how incorporation can shield the personal assets of the individuals running the business as well as its owners.

This amendment will come into force upon royal assent of Bill C-97, currently expected in June 2019.

Boards and shareholders may now have additional time to respond to take-over bids in Canada if proposed amendments to the take-over bid rules are approved.

In recent years, hedge funds and other activist investors have relied on equity derivatives strategies to accumulate economic interests in potential takeover or proxy contest targets.

On May 12, 2023, the High Court of England and Wales (Court) dismissed [PDF] the action by ClientEarth against the directors of Shell plc (Shell) which alleged that the board of directors had breached its fiduciary responsibilities.

Most jurisdictions in Canada require the unanimous consent of all shareholders, including non-voting shareholders, in order for a non-distributing corporation to dispense with an audit.

In order to understand the long-term effectiveness of term limits and written gender diversity policies in Canada, Catalyst also reviewed the board composition of S&P/TSX Composite Issuers in great detail...

Such investigations will form the basis of a report that is required to be filed with the Minister of Public Safety and Emergency Preparedness before May 31 each year.

The government of Ontario is about to start assessing advice that it has solicited from business and professional experts on the shape that legislation allowing for "dual-purpose" business corporations might take.

On April 23, 2017, the OSC issued an order with potentially broad implications regarding the acceptable actions that a board of directors may undertake in the context of a proxy battle.

Bill-24, the Societies Act (the "New Act"), received Royal Assent on May 4, 2015 and comes into force today, November 28, 2016. Every society incorporated under the predecessor to the New Act...

Following the completion of the acquisition, Canopy will possess a brand portfolio including one of Canada's leading premium cannabis brands, 7ACRES.