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  • Article

    Labatt Decision Creates Some Tactical Flexibility for Merging Parties

    On March 29, 2007 the Competition Tribunal denied the Commissioner of Competition’s application under section 100 of the Competition Act to prevent closing of the proposed acquisition of Lakeport Brewing Income Fund by Labatt Brewing Company Limited for a period of 30 days so that the Commissioner could finish her examination.
    CanadaAntitrust/Competition Law
    Goodmans LLP
    Goodmans LLP
  • Article

    Parliament Cleans Up Affiliation Rules For Notifiable Transactions

    The Act contains complex rules that require the Competition Bureau be notified of different types of transactions that exceed specified thresholds.
    CanadaAntitrust/Competition Law
    Goodmans LLP
    Goodmans LLP
  • Article

    Baffinland - The End of the Auction Generally Means the Time has Come for a Pill to Go

    On November 19, 2010 the Ontario Securities Commission cease traded the shareholder rights plan of Baffinland Iron Mines Corporation ("Baffinland"), three days ahead of the scheduled expiry of the unsolicited bid for Baffinland that had been made by Nunavut Iron Ore Acquisition Inc. ("Nunavut").
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    BCSC Permits Private Placement In Face Of A Hostile Bid

    The British Columbia Securities Commission has released its reasons in an application brought by Red Eagle Mining Corporation alleging improper defensive tactics by CB Gold Inc.
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    Canadian Corporate Governance Reforms

    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    Canadian Securities Administrators Announce Implementation Of The Access Model For Prospectuses

    On January 11, 2024, the Canadian Securities Administrators (CSA) published the final form of amendments to securities legislation to implement an access model (the "Access Model") for delivery of prospectuses.
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    Canadian Securities Regulators May Expand Electronic Delivery Of Documents

    Enhancing the use of electronic delivery of documents was one of the things the CSA indicated would be an area of focus early on.
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    Canadian Securities Regulators Release Results Of Fourth Gender Diversity Review

    The Canadian Securities Administrators ("CSA") recently released CSA Multilateral Staff Notice 58-310 – Report on Fourth Staff Review of Disclosure ...
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    CCGG Issues 2014 Annual Report

    The Canadian Coalition for Good Governance (CCGG) has released its 2014 annual report setting out its governance priorities and projects for 2015/16.
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    CSA Finalize Proposed Amendments To Rights Offering Regime

    The Canadian Securities Administrators have announced the implementation of a streamlined prospectus exemption for rights offerings.
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    CSA Release Proposed Proxy Voting Protocols

    The Canadian Securities Administrators (CSA) have published Staff Notice 54-304, which sets out proposed operational protocols designed to enhance the accuracy, reliability and accountability of proxy voting in Canada.
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    Delaware Court Allows Buyer To Walk Due To Material Adverse Change

    In a recent high-profile decision, Akorn, Inc. v. Fresenius Kabi AG, et al. C.A. No. 2018-0300-JTL (Del. Ch. Oct. 1, 2018), the Delaware Court of Chancery ruled that German healthcare company Fresenius ...
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    Glass Lewis Releases 2018 Canadian Proxy Voting Guidelines

    Proxy advisor Glass, Lewis & Co. recently released its 2018 Canadian Guidelines to Proxy Advice.
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    Government Rejects Accelero Deal, Adding To ICA Uncertainty

    The Government of Canada’s decision this week to block the takeover of Allstream by Accelero Capital S.a.r.l. Group compounds the current uncertainty about when national security considerations might prevent foreign acquisitions.
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    ISS And Glass Lewis 2017 Proxy Season Guidelines

    Proxy advisory firms Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. (Glass Lewis) recently released their Canadian proxy voting policy updates for the 2017 proxy season.
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    OSC Releases Report On Mining Issuers' MD&A

    The Ontario Securities Commission (the "OSC") has published Staff Notice 51-722, Report on a Review of Mining Issuers' Management’s Discussion and Analysis and Guidance.
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    Prospectus Exemption For Existing Security Holders

    The BCSC will allow certain issuers to raise money by issuing securities to their existing security holders without the need for a prospectus or offering document.
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    Sandpiper Calls The Tune – Ontario Court Examines Shareholder Meeting Timing Requirements

    How much time can a board take to convene a requisitioned meeting of securityholders? The recent decision of the Ontario Superior Court of Justice in Sandpiper Real Estate Fund 4...
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    Supreme Court Of Canada Refuses Leave To Appeal On Insider Trading And Tipping Restrictions Case

    On December 13, 2018, the Supreme Court of Canada dismissed applications by Howard Jeffrey Miller and Man King Cheng for leave to appeal the Ontario Court of Appeal's decision in Finkelstein
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP
  • Article

    Two New Ontario Court Decisions Reconsider Fairness Opinions

    In our April 4, 2014 client update, we summarized a recent decision with potentially important implications for how corporate arrangements are done.
    CanadaCorporate/Commercial Law
    Goodmans LLP
    Goodmans LLP

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