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Ontario Tribunal Refines Public Interest Test in Cease Trade Decision on Shareholder Rights Plans

On November 19, 2024, the Ontario Capital Markets Tribunal (Tribunal) released its reasons for its July 2024 decision granting an application by Riot Platforms, Inc. (Riot) to cease trade a shareholder rights plan (Plan)...more

COVID-19 and Annual Shareholder Meetings

As a result of measures designed to limit the spread of COVID-19, Canadian public companies are reconsidering typical approaches to annual meetings of shareholders. Many public companies are deciding to hold virtual or hybrid...more

Securities Commissions Provide Guidance on New Canadian Takeover Rules in Hostile Cannabis Bid

For close to three months, M&A lawyers and other capital markets participants had been anxiously awaiting the release of written reasons from the Ontario Securities Commission (“OSC”) and the Financial and Consumer Affairs...more

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