Earlier this year, Commissioner Robert Jackson Jr. of the US Securities and Exchange Commission declared that cybersecurity is “the most pressing issue in corporate governance today.” Indeed, widespread digitization has fundamentally transformed the way that people do business, ushering in
Securities
Digitizing Board Meetings
In the day and age of virtual reality and delivery dinner at the click of a button, it seems almost comical to think that we use sliced bread to explain an invention’s usefulness.
Given today’s unprecedented surge in technology, it…
Kingsdale Releases 2018 Proxy Season Review
![Photo of Peter Valente (Toronto)](https://www.specialsituationslaw.com/files/userphoto/24043-1683061105.thumbnail.png)
Kingsdale Advisors has released its annual Proxy Season Review for 2018. The Review examines trends observed in 2018, predicts issues on the horizon, and provides advice to both issuers and activists in the marketplace.
In what follows, we pick out…
The Buyback Bonanza Makes a Return
Recently, there has been a trend among both Canadian and United States companies to buy back their shares in order to boost stock prices. In the past – most notably during the “Buyback Bonanza” of 2007 – this strategy has…
“The Great White Short?” Canada Is the World’s #3 Destination for Activist Short Selling
![Photo of Trevor Zeyl](https://www.specialsituationslaw.com/files/userphoto/7121.thumbnail.jpg)
Recently, Activist Insight released a report on activist short selling. Activist short selling is when investors publicly bet on a stock going down in value. Among other interesting trends, the report shows that Canada ranks number 3 in the world…
Activist Shareholders Trading on the Blockchain: Is the Prized Secrecy Compromised?
Background: Registered Shareholders and Beneficial Shareholders
While a registered shareholder holds its shares directly with a company and can be contacted through its transfer agent, a beneficial shareholder does not have the shares registered in its name. Instead, a securities…
Trends in Environmental Social Governance
Corporations are facing increasing pressure to offer more transparency and disclosure with respect to their governance practices that promote environmental and social sustainability. This year’s trends in Environment Social Governance (ESG) in the context of Canadian corporate governance…
Proxy access: wrong for Canadian companies, wrong for Canada
In our latest memo, members of Norton Rose Fulbright’s Canadian Special Situations team weigh in on proxy access. The memo is written by Walied Soliman and Orestes Pasparakis, Partners and Co-Chairs of our Canadian Special Situations team, and Joe Bricker…
Environmental, social and governance (ESG) practices are paving their way into the mainstream
As discussed in our earlier blog post, the Kingsdale Advisors’ (Kingsdale) annual Proxy Season Review for 2017 identified ESG trends as one of several issues on the horizon for public companies. Kingsdale noted that heightened scrutiny from…
Regulators weigh in on ICOs
Issuers contemplating initial coin offerings (ICOs) would be wise to consider the recent decision of impak Finance Inc. (Impak) by the Autorité des marchés financiers’ and the Ontario Securities Commission.
Background and Decision
Impak launched an…