Corporate Governance Corporate Governance

Fairness Opinions after InterOil

The Supreme Court of Yukon recently issued its reasons for approving Exxon Mobil’s acquisition of InterOil. Issuers and financial advisors should...

SEC “tags” public companies using IFRS with XBRL reporting requirements

The U.S. Securities and Exchange Commission made a long-awaited update to its requirement for public companies to provide a version of their...

Known unknowns: Ontario Court of Appeal provides guidance on discoverability in potentially contaminated lands cases

The Ontario Court of Appeal released an important decision regarding environmental due diligence in a real estate transaction that provides guidance...

Governance in 3D – Diversity, disclosure and director elections in 2016

Diversity disclosure practices were under the microscope following the first full year of mandated disclosure under securities laws regarding the...

InterOil Decision – Implications for Fairness Opinions, Disclosure and Corporate Governance in Sale Transactions

The Yukon Court of Appeal blocked Exxon Mobil's proposed US$2.3 billion acquisition of InterOil, in a decision with potentially significant...

The SEC’s universal proxy proposal: How it affects Canadian companies and investors

The SEC has proposed amendments to its proxy rules that are designed to allow shareholders using the proxy system to vote for their choice of a...

Contested private placements under the new take-over bid regime: the Dolly Varden decision

On October 24, 2016, the OSC and BCSC issued their joint reasons relating to the proposed private placement undertaken by Dolly Varden Silver...

Significant corporate governance changes in proposed amendments to the Canada Business Corporations Act

The Canadian federal government recently introduced Bill C-25: An Act to amend the Canada Business Corporations Act et al. The proposed amendments...

Insider trading: a first spring loading case in Québec

On August 16, the Tribunal administratif des marchés financiers, formerly the Bureau de décision et de révision, rendered a decision in which it...