The Canadian Securities Administrators (CSA) is pausing its work on climate-related and diversity-related disclosure rules in order “to support Canadian markets and issuers as they adapt to the recent developments in the U.S....more
The latest edition of Davies’ Governance Insights is now available. In this issue, we review the Manti Holdings decision from Delaware.
For boards, nominees and nominating shareholders, the decision is a reminder of the...more
4/24/2025
/ Board of Directors ,
Breach of Duty ,
Business Litigation ,
Conflicts of Interest ,
Corporate Governance ,
Delaware ,
Fiduciary Duty ,
Nominee Directors ,
Risk Management ,
Shareholder Litigation ,
Shareholders
Despite a strong start to the year, activist activity in Canada in 2024 tapered to pre-pandemic levels. This reversion to more historic annual totals follows a notable resurgence of shareholder demands directed at Canadian...more
12/20/2024
/ British Columbia Securities Commission (BCSC) ,
Canada ,
Capital Markets ,
Commercial Real Estate Market ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Corporate Governance ,
Environmental Social & Governance (ESG) ,
Glass Lewis ,
Institutional Shareholder Services (ISS) ,
Market Conditions ,
Proxy Contests ,
Public Interest ,
REIT ,
S&P ,
Securities and Exchange Commission (SEC) ,
Shareholder Activism ,
Shareholders
The corporate life of a nominee director has been characterized as having the potential to be “neither happy nor long.” In this Governance Insights article, we discuss the fundamental fiduciary considerations that nominee...more
When is a board of directors permitted to withhold information from one of its members? Although the Canadian corporate statutes generally grant directors a blanket right to inspect board and committee minutes, there is...more
Amendments to the Act respecting the legal publicity of enterprises (LPA), which require registrants (described below) to declare their “ultimate beneficiaries,” will come into force on March 31, 2023. Corporate ownership...more