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Fighting Back: Considerations for Addressing a Dissident Proxy Battle

By Leslie Milroy Contested shareholder meetings are often dramatic events which have the potential to result in, among other things, enhanced scrutiny of a board of directors, increased media coverage...

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Will the Battle for Fibrek Impact the Canadian M&A Landscape?

By Leslie Milroy The recent saga of Fibrek Inc. has been of great interest to those in the M&A community. Many hoped that it would lead to the Supreme Court of Canada giving its view of defensive...

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Should proxy advisory firms be regulated in Canada?

By Lara Nathans and Leslie Milroy On June 21, 2012, the Canadian Securities Administrators (otherwise known as the “CSA”) published Consultation Paper 25-401 – Potential Regulation of Proxy Advisory...

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Fibrek: Where are we now in the regulation of defensive tactics?

By David E. Woollcombe and Leslie Milroy Resolute’ s battle for ownership of 100% of Fibrek Inc. recently came to an end with a friendly “white knight” offer from Mercer being withdrawn after a lengthy...

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Shareholder Rights Plans – The CSA Proposal

By Graham Gow, Clemens Mayr, Ian C. Michael and Leslie Milroy On March 14, 2013, the Canadian Securities Administrators (otherwise known as the “CSA”) published a request and notice for comments...

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Proposed Changes to Takeover Bid Regime in Canada Would Put More Time in the...

By Fraser Bourne, Garth Girvan, Heidi Gordon, Graham Gow, Clemens Mayr, Ian C. Michael, Leslie Milroy and Shea Small On September 11, 2014, the Canadian Securities Administrators (CSA) published CSA...

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Early Warning Reporting Threshold Remains at 10% While Other Changes to...

By Jonathan Grant, Brian Graves, Matthew E. Lawson, Clemens Mayr, Ian C. Michael, Leslie Milroy, Steven Molnar, Shea Small, Rene Sorell and Sonia Struthers On October 10, 2014, the Canadian Securities...

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New 2015 Investment Canada Act WTO Review Threshold

By Oliver J. Borgers, Ian C. Michael and Leslie Milroy Industry Canada has announced that the 2015 Investment Canada Act (“Act”) threshold that applies to most direct acquisitions of Canadian...

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