Canada’s Supreme Court Requires Aboriginal Groups to Follow Statutory Process
The Supreme Court of Canada recently released its decision in Behn v. Moulton Contracting Ltd., affirming that Aboriginal groups seeking to challenge the validity of permits or authorizations granted to resource developers must follow the legislatively mandated process to do so.
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Securities regulators have proposed changes to the rules governing poison pills
In an interview with Lexpert magazine,“ Clay Horner, Chair of Osler, Hoskin and Harcourt, says that Canadian boards will still have to look for a white knight because they can’t be sure just what the shareholders will do. US boards can keep hostile bidders at bay for well over a year, so that puts a lot of pressure on acquirers to negotiate.”
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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.
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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).
Appeal Court Confirms That Innocent Party Must Clean Up Pollution
In Kawartha Lakes (City) v. Ontario (Environment), the Ontario Court of Appeal has confirmed that there are occasions when an innocent property owner adjacent to a source of contamination may be ordered to clean up pollution that is migrating from the source property if a provincial officer reasonably believes that the measures are necessary to prevent the contamination from further migrating into the natural environment.
Osler Awarded the Prestigious Mérite du Français Prize
We are proud to announce that Osler has won the Mérite du français prize, which was awarded at the Soirée des Mercuriades, held at the Palais des Congrès on April 11.
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