Lexpert US Guides

Corporate 2013

The Lexpert Guides to the Leading US/Canada Cross-Border Corporate and Litigation Lawyers in Canada profiles leading business lawyers and features articles for attorneys and in-house counsel in the US about business law issues in Canada.

Issue link: https://digital.carswellmedia.com/i/138095

Contents of this Issue

Navigation

Page 46 of 147

M&A REGULATION requirements in the US and other jurisdictions, and would provide investors and issuers with more detailed information about the ownership activity and intentions of significant securityholders. At the same time, the changes would extend the disclosure requirements for some derivative positions. Taken together, the changes might be said to eliminate some of the perceived "activist friendly" features of the Canadian securities regulatory regime. As with the rights plan proposals, the comment period is scheduled to expire on June 12, 2013. CONCLUSION If adopted, the Canadian securities regulators' proposals for reform of rights plan regulation and early warning requirements would significantly change the regulatory landscape for M&A transactions in Canada. Though the comment periods are scheduled to end mid-June, given the high-profile and complex nature of the subject matter, the finalization of the proposals may be extended. The timing for adoption of the proposals, if they are to be adopted, is difficult to predict. Neill I. May Goodmans LLP Tel: (416) 597-4187 Fax: (416) 979-1234 nmay@goodmans.ca Neill May is a partner and co-head of one of Goodmans' business law groups. Practices corporate/securities law, with emphasis on M&A, public and private financings (domestic and cross-border), private-equity and business restructurings. Member of the Toronto Stock Exchange Listing Advisory Committee and a former member of the Ontario Securities Commission's Securities Advisory Committee and the Small Business Advisory Committee. Adjunct Professor at the University of Toronto, Faculty of Law. Admitted to the Ontario Bar in 1992. Jon Feldman Goodmans LLP Tel: (416) 597-4237 Fax: (416) 979-1234 jonfeldman@goodmans.ca Jon Feldman is a partner focusing on M&A. Acts in a range of industries in private and public M&A transactions. Has been involved in contested shareholder matters, including proxy contests representing both dissident shareholders and boards of directors, and is often asked to participate in litigation matters where strategic advice is sought. Frequent author and lecturer on developments in the Canadian M&A market, the evolving role of shareholder rights plans and the rise of shareholder activism in Canada. Ryan Szainwald Goodmans LLP Tel: (416) 849-6892 Fax: (416) 979-1234 rszainwald@goodmans.ca Ryan Szainwald is a partner who practices corporate and securities law, with an emphasis on private and public mergers and acquisitions and corporate finance transactions. Advises boards of directors, special committees, shareholders, issuers, private-equity funds and financial advisors involved in take-over bids, going-private transactions, acquisitions, dispositions and other corporate transactions and restructurings. Also advises Canadian public companies and their boards in connection with ongoing securities compliance and corporate governance matters. www.lexpert.ca | LEXPERT • June 2013 | 47 C-00-Firm.indd 47 13-05-17 10:06 AM

Articles in this issue

Links on this page

Archives of this issue

view archives of Lexpert US Guides - Corporate 2013