In Fairstone Financial Holdings Inc v Duo Bank of Canada, Koehnen J. of the Ontario Superior Court of Justice (Commercial List) had the opportunity to further the limited jurisprudence on material adverse change/material...more
More and more buyers are using representation and warranty insurance (RWI) to supplement or replace indemnities from a seller in the sale of a business in Canada. While some of our clients, particularly private equity funds,...more
8/19/2020
/ Canada ,
Commercial Insurance Policies ,
Contract Negotiations ,
Coronavirus/COVID-19 ,
Due Diligence ,
Merger Agreements ,
Private Equity Funds ,
Purchase Agreement ,
Representations and Warranties ,
Representations and Warranties Insurance ,
Stock Purchase Agreement ,
Stock Sale Agreements
Private equity funds that own British Columbia companies face an onerous, new administrative burden under recent amendments to the province’s Business Corporation Act (BCA). The changes could discourage the use of B.C....more