How Will Canada’s Foreign Take-over Rules Effect Potash Play
With a backdrop of only one prior foreign bid rejection under the Investment Canada Act (Canada), further bids by BHP or other foreign acquiring entities required to meet the “net benefit” test under that Act, may prove to…
The State of Poisoned Pills in British Columbia
In the recent case of Re Icahn Partners LP and Lions Gate Entertainment Corp., the British Columbia Securities Commission rejected any deviation from the orthodox position of the Canadian regulators, as set out in prior poison pill case…