Considering the robust global M&A markets of the last few years, it is unsurprising that activist investors have increasingly sought to leverage these transactions for their own gain. To that end, shareholder activists have developed a variety of M&A-related strategies.
Special Situations Law
The latest developments in Special Situations Law in Canada
The Special Situations Law blog, published by Norton Rose Fulbright, focuses on complex legal issues arising in corporate governance, shareholder activism, mergers and acquisitions, and restructuring. It covers topics such as board nomination rights, shareholder proposals, regulatory developments affecting corporate decision-making, and the interplay between legal standards and shareholder democracy. The blog also addresses procedural aspects of shareholder meetings, fiduciary duties of directors, and the impact of economic and political factors on corporate strategies. It provides analysis of litigation trends, regulatory guidance, and practical considerations for managing shareholder relations and corporate governance challenges.
Latest from Special Situations Law - Page 6
Implications of the Collaborative Model of Corporate Governance
In a recent paper, Jill Fisch and Simone Sepe outline a new model for corporate governance: the Insider-Shareholder Collaborative model.
A Shift Towards Collaboration
Two models have previously dominated the corporate governance discourse: (i) the management-power model and (ii)…
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
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…
Activist Insight Monthly features interview with Co-Chairs of Canadian Special Situations team
By Joe Bricker
This month’s edition of Activist Insight Monthly, which focuses on Canada, features an in-depth interview with Walied Soliman and Orestes Pasparakis, Co-Chairs of Norton Rose Fulbright’s Canadian Special Situations team. The interview focuses on recent trends our team is seeing in the…
Norton Rose Fulbright’s Canadian Special Situations Team ranks in the top 10 of global legal advisors for shareholder activist campaigns
By Trevor Zeyl
Global law firm Norton Rose Fulbright’s Canadian Special Situations Team has ranked in the top 10 of global legal advisors advising both companies and activists in shareholder activist campaigns and is the only Canadian firm to be represented on the…
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…
Exploring the Link between Gender, Governance, and Shareholder Activism
A study conducted by global consultancy firm Alvarez and Marsal (A&M) showed that companies with more women on their boards attract fewer activist investors. In particular, the study, which surveyed 1,854 public groups, revealed that companies not targeted by hedge…
OSC Statement of Priorities
On July 5, 2018, the Ontario Securities Commission (“OSC”) released its annual Statement of Priorities (the “Statement”) for the financial year to end March 31, 2019. The Statement outlines the most pressing issues that the OSC hopes to address in…
Fee-Shifting By-Laws in Canadian Shareholder Litigation
A fee-shifting by-law in the shareholder litigation context, “obligate[s] the plaintiff-shareholder to reimburse the corporation’s expenses (including attorneys’ fees and other costs) when the plaintiff [is] unsuccessful in litigation.”
Shareholder litigation in the United States operates under the “American Rule”…