In Churchill Falls (Labrador) Corporation Ltd c Hydro-Québec, 2016 QCCA 1229 (English translation here), the Quebec Court of Appeal seemed to
In the course of a mediation, “without prejudice” privilege generally attaches to discussions regarding settlement and documents prepared in aid of settlement.
The basic question is whether under Cayman Islands Law, a variation of a right attaching to a particular class of shares has to be consented to by special majority of the members.
The Companies Act 2006 (2006 Act) is not yet three years old.
The current state of capital markets combined with deteriorating financial conditions generally have caused directors to anticipate challenging times ahead for their enterprises.
In a change of control transaction involving a Canadian publicly-listed target (whether by way of take-over bid, plan of arrangement, amalgamation or otherwise), the role of the board of directors of the target is critical.