New Prospectus Exemption for Canadian Listed Issuers
A new prospectus exemption for Canadian listed issuers related to distributing securities to their existing security holders was adopted.
Can an Agreement to Negotiate in Good Faith be Enforced?
The law surrounding an agreement to negotiate may be changing.
TSX Requires Majority Voting Policy
The TSX recently amended its corporate finance manual to require each issuer to adopt a majority voting policy.
OTCQX Drops DTC Requirement, Adopts Sponsor and Disclosure Rules
The OTC Markets Group proposed amendments to the OTCQX rules for U.S. Companies and International Companies.
New Prospectus Exemption for Canadian Listed Issuers
Canadian Regulators adopted a new prospectus exemption for Canadian listed issuers.
TSX Requires Majority Voting Policy
The Toronto Stock Exchange (“TSX”) recently amended its corporate finance manual to require each issuer to adopt a majority voting policy for its first fiscal ... Continued
Can an Agreement to Negotiate in Good Faith be Enforced?
It has long been considered at law that an agreement to negotiate is not a true agreement and cannot be enforced. That may be changing. ... Continued
OTCQX Drops DTC Requirement, Adopts Sponsor and Disclosure Rules
On February 13, 2014, OTC Markets Group published proposed amendments to the OTCQX Rules for U.S. Companies and OTCQX Rules for International Companies. The OTCQX ... Continued
Toronto Stock Exchange Adopts Majority Voting Requirement for Director Elections
Toronto Stock Exchange (“TSX”) has amended the TSX Company Manual in relation to director elections. The amendments require each director of a TSX listed issuer, ... Continued
SEC Judge Sanctions Chinese Affiliates of the Big Four Accounting Firms
An SEC judge sanctioned Chinese affiliates of the Big Four accounting firms.
Letters of Intent that Bind
Advice on how to draft a letter of intent.
Clark Wilson closes $74.8 million PIRET offering
Vikram Dhir and James Speakman of Clark Wilson’s Corporate Finance & Securities Group acted for Pure Industrial Real Estate Trust (PIRET) (TSX: AAR.UN) in closing ... Continued