Month: October 2012

‘Guidelines will only take us so far’: Osler competition law expert

Lack of clarity on foreign investment rules was the subject of headlines this week, after Ottawa announced last Friday that the proposed takeover of Progress Energy by Malaysian state-owned-enterprise (SOE) Petronas did not meet the “net benefit test.” With a new policy framework on foreign investment expected in the not-too-distant-future, Peter Glossop, partner at Osler,

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Litigation Financing: US Lobby Group Calls for Regs

In case you missed it, US Chamber of Commerce issued a report a couple of days ago (Oct. 24), written by Skadden, Arps, Slate, Meagher & Flom, demanding strict oversight over the growing field of litigation financing — an industry referred to as “a coercive enterprise” in the report. (Reuters reporter Nate Raymond first covered

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Faskens’ Managing Partner: South African expansion is about following the clients

The big news in legal business in Canada this week is Fasken Martineau’s recently announced merger with South African law firm Bell Dewar. Bell Dewar has 76 lawyers, all based in Johannesburg. Lexpert recently ran a piece about the potential for global law firm mergers in Canada. In that feature we talked about Faskens’ growth

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Here Come the Fracking Lawsuits

Earlier this week, environmental groups took the next step in their battle against the hydraulic-fracturing (aka “fracking”) industry — they sued. Until now, protests and PR have been the name of the game, but on Tuesday, Sept. 16, five U.S. environmental NGOs — including Earthjustice, the Center for Biological Diversity, Earthworks, Environmental Working Group and

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In-house counsel explain what they really want from law firms

What do in-house counsel really want – and don’t want – from law firms? That was the topic of the 5th Annual General Counsel Panel yesterday in Toronto, put on by the Legal Marketing Association. The panelists included Kerry O’Reilly, Head of Legal, Corporate, and Corporate Secretary at Vale, Steven Trumper, General Counsel at Build Toronto Inc. and Paolo Berard,

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Big Deals: Exxon Mobil to Acquire Celtic Exploration

A Big Deal announcement Wednesday morning: Exxon Mobil Corp. to buy Celtic Exploration Ltd. for $2.6 billion, increasing its presence in Western Canada’s shale oil and natural gas regions. Borden Ladner Gervais LLP is representing Celtic Exploration. William Guinan is lead counsel and Ross Freeman, George Kelly, Steve Pearson, Robyn Bourgeois, Louise Lee, J.P. Couture

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Lexpert celebrates leadership through change at Zenith awards

The Lexpert Zenith awards were awarded last night in Toronto, honouring lawyers who have been change-agents for 40 or more years. Former Governor General of Canada, The Right Honourable Adrienne Clarkson was the keynote speaker, and she spoke about the importance of embracing change and how the winners exemplify this. Jane Hawtin hosted the event,

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Melanie Aitken reflects on her tenure as Canada’s Competition Commissioner

Lexpert‘s October issue is out today, in print, digital and app formats (for Android and Apple devices), and in it we have a special guest column from former competition commissioner Melanie Aitken, in which she looks back on her recently completed tenure and offers some advice on how to effectively engage a Bureau that seems

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Big Deals: AuRico Gold Sells Ocampo Mine in Mexico

Big news in mining this week as AuRico Gold agreed to sell its Ocampo mine in Mexico, along with two related properties and a 50 per cent stake in its Orion project, to Minera Frisco for US$750 million. The deal is expected to close in December. Fasken Martineau DuMoulin LLP is representing AuRico Gold with

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Take a long-term view of both parenting and practice: LifeLabs CEO Sue Paish

With the 2012 Lexpert Zenith Awards around the corner, our minds are turned towards leadership and change in the legal community. Sue Paish, President & CEO of LifeLabs, was among the trail-blazers who forged a path towards balancing both law career and family. She has three daughters who are in their early 20s. I was

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