Dec. 19, 2024 - Despite a strong start to the year, activist activity in Canada in 2024 tapered to pre-pandemic levels. This reversion to more historic annual totals follows a notable resurgence of shareholder demands directed at Canadian public companies in 2023, when shareholder engagement reached its...
Announcement
Ford, SK On and EcoPro BM Announce C$1.2-Billion Investment in Québec EV Battery Material Production Facilities
Earlier this week, Korea-based EcoPro BM, Ford and SK On announced their C$1.2 billion joint venture to build a new cathode manufacturing facility in Bécancour, Québec. This represents a significant investment in Canadian production of electric vehicle (EV) battery materials driven by a growing preference for EVs in North America.
Acting for EcoPro BM, Davies lawyers consulted on several aspects of the transaction, which represents a push toward a greener economy and speaks to growing cooperation and free trade between Canada and South Korea.
The Davies team on the transaction included: Michel Gélinas, Elise Beauregard, Antoine Le Bihan, Shayna Goldman and Andrew Coffey (Corporate), Sabina Han, Michael Kandev and Marie-Emmanuelle Vaillancourt (Tax), Sumeet Dang (IP and Licensing), Joseph Jarjour and Jonathan Godin (Real Estate and Government Incentives), Mark Katz (Competition), Marie-Claude Bellemare (Environment), Agnès Pignoly (Regulatory) and Marc-André Boutin (Contractual Matters).
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Governance Insights: Nominee Directors – Fiduciary Obligations and the Limits of Information Sharing
Oct. 08, 2024 - The corporate life of a nominee director has been characterized as having the potential to be “neither happy nor long. ” In this Governance Insights article, we discuss the fundamental fiduciary considerations that nominee directors, nominating shareholders and companies should bear in...
