In an opinion piece in the Financial Post, Davies Partners Patricia Olasker and Mindy Gilbert detail their concerns with the proposed Capital Markets Act. Olasker and Gilbert urge Canada’s business and legal communities to “pay close attention to the Capital Markets Act,” which they state “will be disruptive to well-established transaction mechanics and compliance practices and will impose significant costs on market participants to adapt to a new regime.”
Taking AIM at the Mithaq Decision: A Critique
May 28, 2024 - The recent decision of the Ontario Capital Markets Tribunal to allow a defensive private placement amidst a battle for control places another nail in the coffin for hostile bids in Canada In a perplexing decision, Mithaq Canada Inc (Re), the Ontario Capital Markets Tribunal...
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...
