In an article published in Listed Magazine, Patricia Olasker and Poonam Puri discuss the impact of the Yukon court’s ruling on fairness opinions and trends that have become evident since the court’s decision.
Patricia and Poonam point out that since the court’s decision, there have been nearly two dozen plans of arrangement, but issuers and their advisers are not falling into line with the court’s directions.
The article outlines four questions a board should consider before making the decision to obtain a second fairness opinion.
Governance Insights:10 Legal Updates GCs, Boards and Investors Need to Know
Jan. 28, 2025 - The latest edition of Davies’ Governance Insights is now available. In this issue, we review 10 developments that general counsel and directors of Canadian public companies, and their investors, should know for 2025 and beyond. These developments include the growing importance of...
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...
