Wells v. Bioniche

Battles for Control of a Company: Practical Lessons from Wells v. Bioniche Life Sciences Inc.

By Trevor Zeyl on June 3, 2014

In Wells v. Bioniche Life Sciences Inc., a group of dissident shareholders attempted to gain control of Bioniche Life Sciences Inc. (the “Company”) by requisitioning a shareholders’ meeting to replace the Company’s management. Bioniche’s Board of Directors resisted the…

Proactive Business Judgment in Proxy Contests

By Guy White on April 23, 2014

In a contest for shareholder support, control of the narrative is crucial, and the difference in perception between a board acting decisively to protect shareholders’ investments, and a board willing to do or say anything to hold onto control, can…

Special Situations Law

Wells v. Bioniche

Battles for Control of a Company: Practical Lessons from Wells v. Bioniche Life Sciences Inc.

Proactive Business Judgment in Proxy Contests

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