July 07, 2020 - Many Ontario employers document the terms of the employment relationship in a written employment agreement. These agreements commonly distinguish between an employee’s entitlements on termination of employment “without cause” and termination “for cause. ” At the same time, it is settled law...
Hostess Brands Acquiring Voortman Cookies
Davies acted as Canadian counsel to Hostess Brands Inc. in its $425-million acquisition of Voortman Cookies Limited, a leading North American wafer and cookie company, from Swander Pace Capital. The acquisition diversifies and expands Hostess’s product offerings, providing it with a unique competitive position in the large and growing $8.4-billion cookie market.
The deal closed on January 3, 2020.
The Davies team that worked on this transaction included Brett Seifred and Stephen Dalby (M&A); Mark Firman (Employment & Labour); Elisa Kearney and Alysha Manji-Knight (Competition); Sharon Ford (Tax); and Alexandria Pike (Environmental).
June 30, 2020 - The COVID-19 pandemic has resulted in the imposition of safety measures by governments around the world, including that in Canada, to protect the health of their citizens. Similarly, businesses have imposed safety measures to protect their employees. These measures include restrictions on...