Jan. 26, 2024 - Important guidance on “acting jointly or in concert” in a proxy contest was provided by the British Columbia Securities Commission (Commission) in NorthWest Copper Corp. (December 22, 2023). The Commission declined to find a joint actor relationship between a dissident and another...
Patricia Olasker Appointed to the Board of the Ontario Securities Commission
Davies is proud to announce that our partner Patricia Olasker has been appointed by Order in Council to the Board of Directors of the Ontario Securities Commission. The Ontario Securities Commission regulates Ontario’s capital markets including overseeing the Toronto Stock Exchange, with a critical mandate to protect investors and to ensure fair, efficient and competitive markets. Patricia will continue in her leading practice in M&A, shareholder activism and corporate governance. We congratulate Patricia on her appointment and commend her for her public service on behalf of the people of Ontario.
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Dec. 20, 2023 - The federal government has set January 22, 2024, as the effective date for new rules that will require non-exempt private corporations existing under the Canada Business Corporations Act (CBCA) to regularly report to Corporations Canada information regarding individuals who have...