Bill C-60 introduces more uncertainty on foreign takeovers
In an interview with the National Post, Michelle Lally, Chair of Osler’s Competition Law/Foreign Investment Group, says: “Investors are going to have to think a little bit more carefully when they go to structure a transaction, which is not a control transaction, to ensure it’s both not control in law and not control in fact in order to avoid having to go through the ICA process.”
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Waiting for M&A to return, Bay St. feels pinch
Clay Horner, Osler Chair, talks to The Globe and Mail about the recent drought of big merger and acquisitions, saying “I think there’s some thinking certainly going on, and there’s some musing about doing strategic transactions. That said, do I see any coming on the immediate horizon? I don’t. Not the right time.”
OSC’s Crowdfunding Proposal Receives Favourable Comments
As noted by The Globe and Mail, Osler lawyers have selected the more salient stakeholder responses to important questions posed in the OSC consultation paper on raising equity through crowdfunding.
To read our full Update, click here.
LNG: The race for the next ‘Fort McMurray’
In an interview with Drew Hasselback from the National Post, Janice Buckingham, Partner in Osler’s Calgary office, says “our country needs LNG.”
Proposed Amendments to Investment Canada Act Capture Control-in-Fact Investments by State-Owned Enterprises
On April 29, 2013, the federal government introduced its 2013 budget implementation bill, Bill C-60, which would also implement announcements made by the federal government on December 7, 2012 concerning investments by non-Canadian state-owned enterprises (SOEs).
To read our full update, click here.
Brian Burke’s defamation power play
In an interview with the National Post, Jennifer Dolman, Partner in Osler’s Toronto office, describes the legal and practical difficulties that online defamation victims face when seeking help from the courts.
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