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...
Koch Industries Invests in Genesis Robotics
Davies acted as Canadian counsel to Koch Chemical Technology Group, a leading design, engineering and manufacturing firm, in its strategic controlling investment in Genesis Robotics, a Canadian robotics technology innovator and subsidiary of Genesis Advanced Technology.
Under the agreement, the two companies will form a new company, Genesis Robotics and Motion Technologies, to commercialize innovative electric motor and actuation technologies, including the proprietary LiveDrive actuator.
The Davies team on this transaction included Vincent Mercier, Steven Harris and Gilles Comeau.
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