Yesterday, Glass, Lewis & Co., LLC (Glass Lewis) released a new version of its Proxy Paper Guidelines (the Guidelines) (updated as of December 30, 2014), previously released on November 5, 2014.

The recent crisis in Ukraine has sent the Russian markets tumbling. In the aftermath of prolonged protests in Kiev, which led to the ousting of Pro-Russian President Viktor Yanukovych, Russian forces have entered Crimea and threatened to push further into eastern Ukraine.

There are arguments against dissident shareholders providing their director nominees with a future incentive if share price increases following such nominee’s election to the board.

Embarking on an international M&A transaction can be an exhilarating time for any company, although there are a host of business and legal issues involved.

There is no doubt that technological innovation has impacted the way that corporations interact and do business.

People often engage in reflexive behaviour without thinking about the function underlying such behaviour.

The economic fundamentals that drive M&A are back at pre-crisis levels, states a new survey published by KPMG.

The Province of Ontario has been first for a number of things. It was one of Canada's first provinces.

E&Y has reported that the media and entertainment (M&E) industry will experience a record high number of M&A deals in the coming year.

When most people think shareholder activism, they think big names and big hedge funds – Carl Icahn, Bill Ackman, Jana Partners – who have the wherewithal to obtain a sizeable stake in the target company.

In its December 2014 cover story, Financier Worldwide provides an overview of the factors in 2014 that provided, and will continue to provide, favorable conditions for the high value and volume of pharmaceutical mergers and acquisitions.

In a contest for shareholder support, control of the narrative is crucial, and the difference in perception between a board acting decisively to protect shareholders’ investments, and a board willing to do or say anything to hold onto control, can be one of timing.

In its Q2 2014 Capital Markets Flash: Canadian M&A Deals Quarterly, PricewaterhouseCoopers forecasts moderate growth in Canadian economy in the next year and a half.

In its recent decision, Re Red Eagle, 2015 BCSECCOM 401, the BCSC addresses the tension that arises between corporate law and securities regulatory goals when private placements are undertaken in the M&A context.

The Financial Post recently published an article highlighting legal innovations from the US that may see an upsurge of use in the Canadian landscape in 2015, including representation and warranties insurance (R&W insurance).

Shareholder engagement is a key tool in a board's toolkit to prepare for and respond to potential activist investor campaigns.

One of the most commonly used methods of returning investments to shareholders is the declaration of dividends.

The Canadian dollar has taken a tumble in 2015 – dropping from approximately eighty-five cents to flirting around and even below eighty cents as compared to the American dollar.

While the success of a merger or acquisition may be best determined over a long time horizon of several years, investors tend to have a shorter-term view of what constitutes success or failure in M&A.

TSX announced amendments to the TSX Company Manual which mandate majority voting in uncontested elections of directors for TSX-listed issuers that are not majority controlled.