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  • Article

    The Clock Is Ticking – Not-for-Profit Corporation Compliance With The ONCA

    Almost 11 years after receiving royal assent, Ontario's Not-for-Profit Corporations Act, 2010 (ONCA) finally came into force on October 19, 2021. To put this into some context...
    CanadaCorporate/Commercial Law
    Lerners LLP
    Lerners LLP
  • Article

    The Five People You (May) Meet In AGM Hell

    Annual General Meetings should be an opportunity for the board and owners to attend to mandatory business required by the Condominium Act...
    CanadaCorporate/Commercial Law
    Miller Thomson
    Miller Thomson
Article

The Opportunity Taken – Directors' And Officers' Liability For Misappropriation Of Corporate Opportunity June 2011

The tort of misappropriation of corporate opportunity pits the fiduciary duties owed by a director and officer of a corporation against the entrepreneurial freedom of business people.
CanadaCorporate/Commercial Law
Gowling WLG
Gowling WLG
  • Article

    TSX Venture Exchange - Policy Amendments And Reminder Of Ongoing Corporate Governance Requirements

    The Corporate Governance Bulletin indicates that the TSXV has identified a degree of non-compliance by listed issuers with respect to the corporate governance requirements mandated by the TSXV.
    CanadaCorporate/Commercial Law
    Fasken
    Fasken
  • Article

    Unite Your Board With The Right Technology

    Most nonprofits and trade associations are digitally-savvy when it comes to fundraising, networking, and member engagement.
    CanadaCorporate/Commercial Law
    DiliTrust Canada Inc.
    DiliTrust Canada Inc.
  • Article

    Venture Issuers Disclosure Revolution Or Evolution

    The following is a summary of these changes.
    CanadaCorporate/Commercial Law
    Miller Thomson
    Miller Thomson
  • Article

    Virtual AGMs For Canadian Issuers: It's Starting!

    With the advent of new technologies, many issuers are considering using electronic means to reach a greater number of their shareholders.
    CanadaCorporate/Commercial Law
    Norton Rose Fulbright Canada LLP
    Norton Rose Fulbright Canada LLP
  • Article

    Where Do We Start?

    After nine previous articles in this series on how Canadian directors and CEOs can address modern slavery in their businesses and supply chains
    CanadaCorporate/Commercial Law
    Gowling WLG
    Gowling WLG
  • Article

    ‘Wolf Packs’ And Other Recent Trends In Hedge Fund Activism

    The recent increase in hedge fund activism is "hyperbolic" and should be carefully assessed, according to two notable scholars, John C. Coffee Jr. (corporate law; Columbia) and Darius Palia (corporate finance; Rutgers).
    CanadaCorporate/Commercial Law
    Norton Rose Fulbright Canada LLP
    Norton Rose Fulbright Canada LLP
  • Article

    Alberta Energy Regulator To Mandate Further Financial Disclosure By Oil Companies

    The Alberta Energy Regulator (AER) has announced all oil and gas licensees will have to provide a financial summary in addition to the existing...
    CanadaEnergy and Natural Resources
    Norton Rose Fulbright Canada LLP
    Norton Rose Fulbright Canada LLP
  • Article

    Fifteen Key Legal Developments For Oil & Gas Companies

    We have summarized key developments in Canadian law from the fourth quarter of 2016, relevant to the oil and gas industry.
    CanadaEnergy and Natural Resources
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    Directors And Officers Beware: Recent Ontario Decision Further Extends Responsibility For Environmental Issues

    Corporate directors and officers may be held personally liable under the Ontario Environmental Protection Act ("EPA") for wrongdoings of the corporation unless they are able to provide substantial evidence that they were not involved in management of the corporation.
    CanadaEnvironment
    DLA Piper
    DLA Piper
  • Article

    The Due Diligence Defence & Directors’ Liability

    Directors of corporations that fail to remit GST/HST may face personal liability for unpaid taxes, but a due diligence defence exists. The recent Stevens v. The King case illustrates the high bar for proving due diligence, demonstrating that passive delegation of financial oversight is insufficient to avoid personal liability for directors.
    CanadaTax
    Millar Kreklewetz
    Millar Kreklewetz
  • Article

    A Look Inside OSFI's Draft New Corporate Governance Guideline

    In November 2017, the Office of the Superintendent of Financial Institutions (OSFI) released for public comment a revised draft of its Corporate Governance Guideline (CG Guideline).
    CanadaCorporate/Commercial Law
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    An Extraordinary Meeting In Extraordinary Times: Farrish V. Delta Hospice Society

    A recent decision of the Supreme Court of British Columbia under the Societies Act (the "Act") reminds directors to follow closely the bylaws of their society when calling members' meetings...
    CanadaCorporate/Commercial Law
    Fasken
    Fasken
  • Article

    Getting A Seat At The Table: Proxy Access Is Coming To Canada

    The topic of proxy access, or the ability of shareholders to nominate directors to the board, has again come to the fore of the Canadian corporate governance debate.
    CanadaCorporate/Commercial Law
    Bennett Jones LLP
    Bennett Jones LLP
  • Article

    ISS Proposes To Up The Ante On Gender Diversity And Overboarded Directors

    Institutional Shareholder Services Inc. (ISS) recently published its 2018 Benchmark Policy Consultation regarding new and proposed changes to its voting policies, which include important new policies...
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    OSC Opens The Door To "Just Say No" Defence: Shareholder Rights Plan Maintained In The Face Of A Hostile Partial Bid

    For many years, Canadian securities commissions have been saying that a shareholder rights plan cannot be used by a target company’s board of directors to block indefinitely a hostile take-over bid. It has been the view of the securities regulators that shareholders, not the board of directors, are
    CanadaCorporate/Commercial Law
    McCarthy Tétrault
    McCarthy Tétrault
  • Article

    Alternative Investment Fund Managers Regulations 2013 - Disclosure And Reporting Requirements For Canadian Fund Managers

    As we initially discussed in an earlier post, Canadian managers of private equity, venture capital and other fund structures that are not regulated as "investment funds" under Canadian securities laws may, in the UK, be subject to marketing and related restrictions imposed by the "Alternative Investment Fund Managers Regulations 2013".
    CanadaCorporate/Commercial Law
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    Board Evaluations: Why The Most Effective Boards Regularly Assess Their Own Performance

    In the ever-evolving landscape of governance, the boards that thrive aren't necessarily those with the most prestigious members or the longest tenure.
    CanadaCorporate/Commercial Law
    Procido LLP
    Procido LLP
  • Showing 941–960 of 2196 results

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