Jan. 10, 2024 - What is a spurned seller’s recourse when a buyer walks away from a deal in breach of the purchase agreement? In private M&A, the answer is reasonably straightforward: sue the buyer to close the deal or to recover damages. In public M&A, however, the answer is murky at best. The problem arises...
Financial Times Ranks Davies Among Top Innovative Law Firms
Davies Recognized for Innovation in Accessing New Markets and Access to Justice
The Financial Times has recognized Davies in its 25 Most Innovative North American Law Firms 2017. The only Canadian firm to be included in the rankings, Davies was acknowledged for its innovation in two categories: Accessing New Markets and Capital and Rule of Law and Access to Justice.
In the Accessing New Markets and Capital category, Davies was “highly commended” for its role in advising Fortis’s acquisition of U.S.-based ITC Holdings and establishing a novel methodology for future Canadian-U.S. acquisitions.
In the Rule of Law and Access to Justice category, Davies received a “commended” recognition for successfully convincing the Court of Arbitration for Sport that the International Association of Athletics Federations’ regulation barring female athletes from competing if their testosterone levels are too high is discriminatory to female athletes.
The FT North America Innovative Lawyers report and accompanying awards recognize exceptional innovation in law firms and lawyers across Canada, the United States and Mexico. For the 2017 report, leading law firms and in-house legal teams sent 533 submissions for consideration.
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