This blog post is the first of a new series looking at recent developments in Canadian corporate litigation, with a slight bias towards Ontario. The goal is to provide regular updates on court decisions that are of interest to the
Stephen Taylor
Unitholder Democracy Prevails in a “Good Hard Look” at Board Decision Making
On February 1, 2023, our Special Situations team successfully obtained an order from the Ontario Superior Court of Justice (Commercial List) requiring that…
Should companies expect an increase in short-selling activism in Canada?
Success breeds imitation. The persistence of that cliché is good evidence of its accuracy. Its implications, however, may be a warning call with respect to shareholder activism in Canada.
The woes of Valeant Pharmaceuticals International Inc. (“Valeant”) and its share…
Forum selection by-laws come to Canada
Norton Rose Fulbright Canada has recently been involved in the introduction and adoption of forum selection by-laws in Canada. This article will provide a brief description of forum selection by-laws and their benefits and uses. For a more in-depth analysis,…
New brand of shareholder activism targets GM
When most people think shareholder activism, they think big names and big hedge funds – Carl Icahn, Bill Ackman, Jana Partners – who have the wherewithal to obtain a sizeable stake in the target company. However, as explored by Ronald…