Jeremy Fraiberg Jeremy Fraiberg

The take-over bid regime after two years

It has now been over two years since Canada’s take-over bid regime was revamped to provide for a minimum 105-day bid period, a mandatory 50%...

Reference re Pan-Canadian securities regulation

Canada’s long pursuit of a more integrated and national approach to securities regulation has received a major boost. In its November 9, 2018...

What constitutes a MAC in an M&A deal?

The Delaware Court of Chancery released its decision in Akorn, Inc. v. Fresenius Kabi AG, finding for the first time that a buyer had properly...

Inbound M&A: What directors need to know

Osler, in conjunction with the Institute of Corporate Directors (ICD) prepared a survey of director views on M&A, which was then sent to the ICD...

Poison pills under the new bid regime: lessons & questions flowing from Canada’s largest cannabis M&A deal to date

On March 15, 2018, the OSC and the Financial Consumer Affairs Authority of Saskatchewan issued their reasons for the Aurora-CanniMed decision.

Livent decision and the scope of auditor liability

In a significant decision on December 20, 2017, the Supreme Court of Canada provided important guidance on the scope of responsibility of auditors in...

2017 Legal Year in Review

Our observations about what we believe to be some of the most significant legal developments affecting Canadian business over the past year and their...

Top public M&A and proxy contest developments in 2017

While the number of Canadian M&A transactions this year has been slightly higher than in 2016, the total value of deals is somewhat lower.

Securities Commission staff raise the bar for conflict transactions

Staff of the securities regulatory authorities in each of Ontario, Québec, Alberta, Manitoba and New Brunswick have indicated that they intend to...

The Eco Oro decision – OSC invokes broad jurisdiction in effectively neutralizing a private placement

The Ontario Securities Commission recently released its reasons for overturning a decision by the Toronto Stock Exchange conditionally approving a...