The Canadian Securities Administrators Implement New Rules to Strengthen the Ability of Target Issuers and their Shareholders to Respond to Hostile Take-Over Bids
Following a lengthy process involving each of the...more
On December 14, 2015, the Alberta Securities Commission (ASC) released its much anticipated decision (the Decision, Re Suncor Energy Inc., 2015 ABASC 984) concerning the 120-day shareholder rights plan adopted by Canadian Oil...more
Market volatility, the recent decline in commodity prices, or in some circumstances a combination of these factors, has resulted in a significant decline in the trading prices of many Canadian public companies relative to...more
10/14/2015
/ Canada ,
Capital Markets ,
Change of Control ,
Confidential Information ,
Corporate Governance ,
D&O Insurance ,
Due Diligence ,
Fiduciary Duty ,
Hostile Takeover ,
Publicly-Traded Companies ,
Target Company
On February 19, 2015, the Canadian Securities Administrators (CSA) announced amendments to National Instrument 45-106 Prospectus and Registration Exemptions (NI 45-106), which are expected to come into force this spring....more