Jan. 26, 2024 - Important guidance on “acting jointly or in concert” in a proxy contest was provided by the British Columbia Securities Commission (Commission) in NorthWest Copper Corp. (December 22, 2023). The Commission declined to find a joint actor relationship between a dissident and another...
In the News
New rules will obstruct cross-border capital flows, big institutional investors say – The Globe and Mail
Davies partner David Wilson is quoted in a Globe and Mail article that examines concerns with proposed regulations that would govern how companies can raise money outside of Canada. The article notes that some of Canada’s largest institutional investors say the new regulations “would impose unnecessary new costs and reduce access to capital”. Of the proposed change, Wilson comments, “It just has numerous unintended consequences.”
Related
Dec. 15, 2023 - In a positive development since our earlier bulletin, the U.S. House and Senate have decided to retain the exemptions from obligations imposed under section 16 of the Securities Exchange Act of 1934 that are relied upon by insiders of dual-listed Canadian public companies and other...
