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...
In the News
Melanie Shishler Interviewed by Lexpert about NAFTA’s Impact on Canadian M&A Activity
In an article published in the Report on Business/Lexpert Special Edition Canada’s Leading Corporate Lawyers, Davies partner Melanie Shishler speaks about the impact of the North American Free Trade Agreement (NAFTA) on the Canadian M&A market.
“In general, any kind of uncertainty, including uncertainty around NAFTA can be expected to create some headwinds,” Melanie says. The impact of that uncertainty on deal activity, however, seems minimal. Companies have fixed their balance sheets, there’s a lot of liquidity, the banks are willing to lend. These factors helped propel the market in 2017 and “when you reach out to investment bankers, there’s a great deal of optimism around what 2018 will look like.”
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As the Pandemic Abates, Activists Advance: Shareholder Activism Rebounds in Canada
Oct. 20, 2023 - Canadian shareholder activism continued its post-pandemic resurgence into the first half of 2023. Emerging trends include the “activist swarm,” where multiple—yet uncoordinated—activists converge on a single target with competing demands. Activism has also been on the rise in response to M&A...
