Tag: McCarthy Tetrault LLP

Torkin Manes, Stikemans, and McCarthys Advise on Bain Capital Acquisition of Parka Maker Canada Goose

Nearly two weeks after the Canadian Marketing Association named Canada Goose President and CEO Dani Reiss Canada’s 2013 Marketer of the Year, the iconic parka maker was sold earlier this week to US private equity firm Bain Capital for an undisclosed amount. Largely considered a first-line of defense against winter chills in Canada, the Canada

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BlackBerry and Fairfax Complete $1B Financing for Troubled Smartphone maker, with advice from McCarthys, Shearman, Torys, Blakes, and Skadden

Little came out of Mike Lazaridis’s efforts when, in September 2013, he approached two US private equity firms, Blackstone Group and the Carlyle Group, about a possible offer for BlackBerry. The co-founder of the Waterloo tech giant, who stepped down as co-chief executive in 2011, was in preliminary talks with investors regarding a possible take-over

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Lexpert’s exclusive inside look at the Telus proxy battle

TELUS v. Mason was an epic shareholder activist dispute, but it also spawned an important BC Court of Appeal business law decision and a unusual story of inter-firm teamwork. For our annual Art of the Case feature, Julius Melnitzer spoke with the key law firm lawyers – both litigators and corporate – who worked on the case, as

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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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George Takach: Preparing for Cyber Warfare

Great technology column this month by McCarthy Tetrault’s George Takach, who sheds light on the very real threat of cyber warfare in Canada, and offers a few of his own ideas about what Canada needs to be doing to beef up its security. With the recent mysterious cyber attacks on South Korea, and an executive

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Proxy adviser ISS to focus on long-term CEO pay for performance

Lawyers in the corporate governance arena would be well advised to keep close tabs on recently proposed changes to the way in which proxy advisers evaluate CEO pay for performance. Hard on the heels of the TSX’s proposal to mandate majority-voting policies for all issuers — a procedural shift that would lend more power to

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‘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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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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Alpha to Become “Nasdaq of the North” (and why the North could really use one)

Reuters is reporting that Alpha — the stock exchange launched by the big banks a few years back to compete with TMX Group — will reinvent itself as the “Nasdaq of the North” by developing a niche in Canadian technology listings, a sector that’s already being served in part by the TSX-Venture exchange. It’s an

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