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"Acting Jointly or in Concert" Lack of Clarification and Guidance has Created Unnecessary Legal Wrangling, Particularly in Contested Transactions; A New Path Forward is Needed

Canada - September 26 2018 We have seen increased attention to contested transactions in Canada namely, unsolicited take-over bids and proxy contests in recent years. To discuss...

Leila Rafi, Sandra Zhao.


"Acting Jointly or in Concert" - Lack of Clarification and Guidance has Created Unnecessary Legal Wrangling, Particularly in Contested Transactions; A New Path Forward is Needed

Canada - September 26 2018 We have seen increased attention to contested transactions in Canada - namely, unsolicited take-over bids and proxy contests - in recent years. To...

Leila Rafi, Sandra Zhao.


In Aurora, Securities Regulators Affirm the New Take-over Bid Regime and Signal that Exemptive Relief under the New Regime will Prove to be Difficult and that Tactical Shareholder Rights Plans may be Extinct

Canada - March 14 2018 The Ontario Securities Commission ("OSC") and the Financial and Consumer Affairs Authority of Saskatchewan ("FCAAS") (collectively, the "Panel")...

Leila Rafi, Charlotte Conlin, Cory Kent.


In Aurora, Securities Regulators Affirm the New Take-over Bid Regime and Signal that Exemptive Relief under the New Regime will Prove to be Difficult and that Tactical Shareholder Rights Plans may be Extinct

Canada - March 5 2018 The Ontario Securities Commission (“OSC”) and the Financial and Consumer Affairs Authority of Saskatchewan (“FCAAS”) (collectively, the “Panel”)...

Leila Rafi, Charlotte Conlin, Cory Kent.


Ontario Divisional Court Decision Confirms Shareholders' Right to Requisition a Meeting

Canada - June 10 2017 On May 18, 2017, the Ontario Divisional Court, in a unanimous decision, set aside the decision of Justice Wilton-Siegel of the Ontario Superior...

Charlotte Conlin, Geoff Moysa.