Month: March 2012

U.S. JOBS Act will force hedge funds to drop the kimono

The New York Times is publishing a story today on a new bill in the U.S. — expected to be signed into law next month — that’s expected to launch an advertising arms race in the normally secretive hedge fund and private-equity sector. The Jump-start Our Business Start-ups Act, or the JOBS Act (read the full

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National Securities regulator back on the table

Yesterday’s federal budget was seen by many as a positive sign that the Federal government is investing in Canada’s long term economic growth. And one thing that would improve Canada’s economic growth, according to Finance Minister Jim Flaherty, is a national securities regulator. The federal government has indicated that their loss at the Supreme Court

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Canadian partners make the top 40 on GCR’s under 40 list

Four Canadian competition partners have made it onto the  Global Competition Review (GCR) “40 under 40” list for 2012: Navin Joneja and Debbie Salzberger from Blake, Cassels & Graydon; Anita Banicevic from Davies Ward Phillips & Vineberg and Casey Halladay from McMillan. The list was featured on the cover of the magazine’s March issue. GCR received more than 1,000 nominations for: Young lawyers whose superior technical skill, practical judgement and

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The growth of Canadian Franchise law

Canadian Franchise law is continually expanding, not surprising given the extent of the rise of franchises here. Canada has the second-highest number of franchises in the world – second only to the US. Industry Canada statistics estimate that as much as $1 of every $5 in our consumer spending goes to franchises. On the legal

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Will Bay Street move to Calgary?

The growth of the Western-based Canadian economy, to the detriment of the manufacturing-based economy in the East, is of course not a new story. However, with the stable Conservative government that is very much a product of the West, sky high commodities prices and the insatiable appetite of Asian and other developing countries for Canadian

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Chinese and Canadian law firm merger?

Most discussion about the potential for another Canadian law firm to join a global law firm has focused on US or UK-centred firms. More recently, however, we’re hearing that a Chinese firm, rumoured to be King & Wood PRC, is exploring the potential of merging with a Canadian firm – one, so the rumour logically

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Consolidation in the Oil Patch: Whitecap Buys Midway for $550M

Late last month, Whitecap Resources announced its acquisition of Midway Energy for approximately $550.3 million, in a deal that shows how oil and natural gas liquids-focused exploration and production (E&P) companies are consolidating in the oil patch. Justin Ferrara of Norton Rose Canada in Calgary, who is leading the legal team for Whitecap, explains: A number of junior E&P companies are

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One-Third of Lawyers to Boost eDiscovery Spending

Robert Half Legal has released some fresh statistics on the growth of e-discovery services and the intention of lawyers to increase spending in this area. The staffing firm approached 350 lawyers in the U.S. and Canada and asked them about their experiences and intentions with regards to e-discover. Twenty-three percent (23%) of lawyers said their

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Strategize your divorce when you go public in Silicon Valley

Being involved with an IPO for a startup is no doubt stressful. There is a lot of money on the line and many entrepreneurs put their heart and soul into a company for years before it goes public. Founders will take great risks and work day and night to start a company. Silicon Valley, of

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Big Real Estate: OPB Purchases 50% Interest in RBC Centre

Toronto Star architecture critic Christopher Hume has praised the “gently sculptural” RBC Centre on Wellington Street West  (and the connected Ritz-Carlton Hotel) as “thoughtful and polished neo-modernist projects.” And as of March 1, the office tower is 50 per cent owned by the Ontario Pension Board, having  acquired its interest from the Ontario Teachers’ Pension Plan subsidiary Ontrea. The purchase price was $300 million.

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