Tag: Blake Cassels & Graydon LLP

Anti-money laundering laws to be updated with Bitcoin in mind

Bitcoins have been all over the news as of late and clearly the federal government has taken note. Recent proposed amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act will ensure that virtual currencies are also covered under the act. For virtual currencies like Bitcoin, says Jacqueline Shinfield, a partner at Blake, Cassels & Graydon LLP, …the US

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The Threat of 3D Printing: Blakes Seminar

October 21 — Blake, Cassels & Graydon put on an excellent seminar last week on the threat to intellectual property posed by “3D printing.” If you haven’t heard, this is the technology — poised to utterly disrupt the manufacturing sector — that enables a smaller-than-a-breadbox device to create a detailed plastic or metal object right

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CCGG Stance on Dual-Class Shares Could Chill IPO Market

October 11 – The Canadian Coalition for Good Governance (CCGG) recently put out a statement on its “Dual Class Share Policy,” which lays out a series of governance principles that will guide its members when making decisions about investing in IPOs with dual-class share structures. These “principles” — which read more like guidelines for new

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Stewart McKelvey advises Sobeys on $5.8B deal

It’s a “Big Deal” worth $5.8 billion …  Empire Co Ltd, the operator of Sobeys, will acquire Safeway Inc’s Canadian assets in the largest deal in Canada so far this year. Lead counsel for Sobeys and its parent Empire is Stewart McKelvey, with a team of lawyers based in Halifax. In addition, Stikeman Elliott LLP is assisting on

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Legal Heavyweights on OSC Advisory Committee

Last Friday, the Ontario Securities Commission announced the creation of its new Securities Proceeding Advisory Committee (SPAC). The committee’s mandate — which the OSC has outlined in detail on its site — will be to provide comments and advice on policy and procedural initiatives relating to the Commission’s administrative tribunal proceedings. Commission Secretary John Stevenson

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Law Firm Challenge for Daily Bread Food Bank enters its final week

A pie to the face for a good cause. Richard Prupas, Blakes’ chief financial officer (pictured left with a face-full of pie), was the lucky recipient of a delicious gift from Pamela Huff of the firm’s restructuring and insolvency group. Huff earned the right to pie Prupas after raising one dollar more than him in pledges

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Enforcing arbitral awards ‘not guaranteed’ in China, India, Russia: Blakes seminar

Blakes hosted a seminar on arbitration this week that offered some candid insights into trends and issues that are starting to crop up. The panel included Blakes arbitration experts Seumas Woods, Joe McArthur, Brad Berg and Joel Richler, along with Susanne Dickerson, counsel at Ohio-based Cliffs Natural Resources, who offered a valuable client perspective. International

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Big Deals: Leon’s Buys The Brick for $700M

Leon’s Furniture Ltd. announced its $700-million acquisition of The Brick Ltd. on Sunday, in a transaction that has been the talk of the retail sector. According to Chris Hewat of Blake, Cassels & Graydon LLP, who is leading the corporate/securities team for The Brick Ltd.: This is a very significant transaction for Brick shareholders, who have

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Nexen shareholders overwhelmingly approve CNOOC deal

Reuters has just reported that Nexen Inc shareholders overwhelmingly approved the oil producer’s takeover by China’s CNOOC Ltd this morning. The stock weakened as public opposition to a state-owned enterprise absorbing $15.1 billion of Canadian-owned assets appeared to grow. “I think that’s healthy to have a good debate on whether this is in the best

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Blakes, Bennett Jones: League Table Standouts

The Thomson Reuters M&A Review and league tables for legal advisors are out for the first half of 2012, and two Canadian law firms are standing out from the crowd this year … … but before we get into that, a glimpse at some of the top-line M&A figures: Global M&A is way down this

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