By Gesta Abols and Dana Gregoire on Posted in Corporate Finance,Corporate Governance,Shareholder MeetingOn April 8, 2019, the federal government introduced Bill C-97 to implement measures from its spring budget. The bill proposes amendments to many federal statutes, including several important amendments to the Canada Business Corporations Act (CBCA) relevant to both private and public companies. Our summary of the proposed changes is set out below, some of… Continue Reading
By Gesta Abols and Matthew Downer on Posted in Access to information,Securities,Shareholder MeetingIf the Hillary Clinton email scandal wasn’t a clear enough lesson that one should not conduct “official” work using personal electronic communication tools (be it personal email, texts or other methods), a number of recent court decisions have required executives to produce communications from their personal accounts and devices. Executives and advisors should not assume… Continue Reading
By Neil Wiener and Matthew Quadrini on Posted in Shareholder MeetingAnnual meetings of shareholders of public companies often feature: attendance by a modest number of shareholders, and by the company’s external legal counsel, auditor, investor-relations firm, service providers and other assorted hangers-on; the casting of virtually all votes prior to the meeting by way of proxy; perfunctory reviews of the past fiscal year by the… Continue Reading
