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
Too Much Market Power in Capital Markets Act – Financial Post, National Post
In an opinion piece in the Financial Post, Davies Partners Patricia Olasker and Mindy Gilbert detail their concerns with the proposed Capital Markets Act. Olasker and Gilbert urge Canada’s business and legal communities to “pay close attention to the Capital Markets Act,” which they state “will be disruptive to well-established transaction mechanics and compliance practices and will impose significant costs on market participants to adapt to a new regime.”
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...
