Sandpiper Real Estate Fund 4 Limited Partnership v. First Capital Real Estate Investment Trust, 2023 ONSC 794 On February 1, 2023, our Special Situations team successfully obtained an order from the Ontario Superior Court of Justice (Commercial List) requiring that First Capital Real Estate Investment Trust (First Capital) accelerate the holding of a requisitioned special … Continue reading
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 price have been well documented in the media. Following a report by Citron Research, who … Continue reading
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, we invite readers to watch the replay of the talk or reach out to the … Continue reading
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 Barusch in the Wall Street Journal, a new form of activism, spearheaded by a former … Continue reading