You act as a D&O on the board of a Canadian reporting issuer that is on an acquisition trail all over the world…..For each acquisition of a foreign entity, customary due diligence is conducted, but have you thought about potential D&O liability? Beware as D&O’s on boards of issuers in Canada and the United States… → Read More
Monthly Archives: July 2011
Double Trouble – Canadian Disclosure Requirements on Investments in Dual-Class Companies
Posted in Public M&AUnfortunately for global investors trying to manage the regulation of investments in multiple jurisdictions, Canada has overlapping disclosure requirements when an investment in a public company exceeds the 10 per cent threshold. Ten per cent of what exactly is part of the challenge. Canada has both an “Insider Reporting Requirement” where company insiders are required to report… → Read More