Davies partner David Wilson is quoted in a Globe and Mail article that examines concerns with proposed regulations that would govern how companies can raise money outside of Canada. The article notes that some of Canada’s largest institutional investors say the new regulations “would impose unnecessary new costs and reduce access to capital”. Of the proposed change, Wilson comments, “It just has numerous unintended consequences.”
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...
