Tag: stikeman elliott llp

Stikemans, Davies advising on Cadillac Fairview’s purchase of two HBC properties

What the Eaton Centre lost in the iconic Sears, it made up for in attracting the likes of US luxury retailers Nordstrom and on Monday morning, literally by (pedestrian walkway) extension, HBC’s Saks Fifth Avenue – now that Cadillac Fairview came to an agreement with Hudson’s Bay Company on a sale and lease back agreement

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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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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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WTO rules against Ontario’s Feed-In Tarriff Program

Michael Nilevsky, Stikeman Elliott LLP, posted a blog on Dec 20, 2012, reviewing the WTO’s ruling on the “domestic content requirements of Ontario’s Feed-In Tarriff (FIT) program”. Accordingly, “much like [the WTO’s] interim report, the final ruling finds that the FIT program violates the WTO rules that forbid treating domestic suppliers and products differently from

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OSC emerging markets guidance is ‘constructive’: Waitzer

The Ontario Securities Commission’s recent guide, published November 9, outlining the regulator’s expectations for directors and management of emerging market issuers (EMIs) contains “constructive” advice, says Edward Waitzer, a top corporate lawyer at Stikeman Elliott: They have identified a lot of what is common sense when you are dealing in a foreign jurisdiction where the legal

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Copyright reforms come into force

Lexpert has been following the many recent changes in copyright law – including the new Copyright Modernization Act, which cleared the House of Commons in June. Now, as Alexandra Stockwell has outline on Stikeman Elliott’s Canadian Technology & IP Law blog, most of the new provisions of, and amendments to, the Canadian Copyright Act have

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B.C. Supreme Court Enters the Dual-Class Share Debate

Activist hedge funds faced a big setback last week when the B.C. Supreme Court issued its ruling in Telus Corp. v. CDS. The ruling spoke broadly about issues around “empty voting” — the practice of exercising a large voting stake in the absence of any significant economic stake (often to the detriment of other shareholders).

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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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SCC denies leave in Sharma v. Timminco Limited

The Ontario Court of Appeal decision confirming a three-year time limit for actions against public companies for misrepresentations in their secondary-market disclosures will stand, after the Supreme Court of Canada denied leave to appeal in Sharma v. Timminco Limited on Thursday morning. Alan D’Silva and his team from Stikeman Elliott LLP, the firm that represented Timminco Limited and certain of its

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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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