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The CSA have announced that they are adopting amendments to the country's takeover bid regime that will extend the current 35-day minimum bid period for takeover bids to 105 days.

On September 5, Ontario's Court of Appeal released its decision in Lavender v. Miller Bernstein LLP,1 which considered the duty of care owed by an auditor to non-clients.

On August 28, the Canadian Securities Administrators (CSA) published a Notice of Amendment regarding the adoption of an expedited shelf prospectus regime for well-known seasoned issuers (WKSIs).

The Canadian Securities Administrators recently conducted a review of the quality of issuers’ corporate governance disclosure.

Assuming the recent frothy sellers’ market continues into 2015, we expect to see more use of the locked box in the near future.

It is common for private equity sponsors to obtain board nomination rights that are commensurate with their level of investment in a given business.

The October 31, 2006 income trust taxation proposals indicated that "normal growth" of existing income trusts—but not undue expansion, such as the introduction of a disproportionately large amount of capital—would be permitted until the end of the transition period in 2011.

If you ask a lawyer why an indemnity clause is included in an agreement, the reflexive answer is usually some version of "risk allocation". That answer is true. It is also incomplete.

On January 19, 2009, the Ontario Superior Court of Justice permanently prohibited Research In Motion's hostile bid to buy Certicom, on the basis of RIM's breaches of non-disclosure agreements.

Last week’s unsolicited US$18.5 billion bid by China National Offshore Oil Corporation for Unocal Corporation is further evidence that China’s state-owned corporations are emerging as serious bidders for North American companies.

The Ontario Securities Commission's new rule governing offshore distributions will provide substantially greater certainty to offering participants in capital raising transactions outside of Canada.

Properly designed incentive arrangements can help attract, retain, and motivate key talent. In this article, we discuss common forms of incentive arrangements for private companies, and offer certain.

The Government released draft legislative proposals (Proposals) on June 17 to implement the changes to the employee stock option tax regime announced in the 2019 Federal Budget (Budget).

In December, the Canadian Securities Administrators (CSA) published guidance for issuers and insiders on the establishment, administration and disclosure of automatic securities disposition plans...

It has long been the view that a shareholder's ability to elect directors is a fundamental right under corporate law.

When does a material change occur? For issuers who must face issues of disclosure every day, as well as for investors who expect these disclosures, this question...

A recent Toronto Stock Exchange staff notice is a reminder that TSX-listed companies should amend their option, share purchase or other security-based compensation arrangements to add a detailed amendment provision.