May 14, 2025 - Just months after obtaining a record C$38.9-million penalty in the first fully contested drip pricing case in Canada, the Competition Bureau has initiated a new drip pricing case against Canada’s Wonderland Company, the operator of Canada’s largest amusement park. The Bureau alleges that...
Announcement
Riot Platforms Successfully Obtains Order from the Capital Markets Tribunal of Ontario Terminating Bitfarms’ 15%-Trigger Poison Pill
Davies acted for Riot Platforms Inc. (Riot), a Bitcoin mining and digital infrastructure company, in connection with its successful application to the Capital Markets Tribunal of Ontario to cease trade the 15%-trigger poison pill adopted by Bitfarms Ltd., a Toronto-based bitcoin mining company, in response to Riot’s unsolicited strategic pursuit of Bitfarms and shareholder meeting requisition.
A Nevada-based corporation, Riot is a Bitcoin mining and digital infrastructure company with Bitcoin mining operations in central Texas and electrical switchgear engineering and fabrication operations in Denver, Colorado.
The Davies team included Kent E. Thomson, Chantelle Cseh, Chenyang Li, and J. Henry Machum (Litigation); Vincent Mercier, Aaron J. Atkinson, Zain Rizvi and Andrew Mihalik (Public M&A).
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Disclosure Interrupted: CSA Pauses Climate and Diversity Disclosure Rules
Apr. 28, 2025 - The Canadian Securities Administrators (CSA) is pausing its work on climate-related and diversity-related disclosure rules in order “to support Canadian markets and issuers as they adapt to the recent developments in the U.S. and globally. ” Consistent with the CSA’s recent regulatory shift...
