Davies partner Richard Fridman is quoted in a Financial Post article that examines proposed changes to the workings of takeover bids. Fridman notes that the Canadian Securities Administrators’ proposed 120-day takeover period represents “a change in the paradigm by Canadian standards.”
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...
