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3 weeks ago | 
mondaq.com | Andrew Gray |Huw Evans |Cameron Koziskie
In Binscarth Holdings LP v Grant Anthony(Binscarth), the Court of Appeal for Ontario determinedthat derivative actions may provide a remedy for limited partnerswhere their limited partnership interests are harmed by the actionsof third parties.
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Nov 28, 2024 | 
mondaq.com | John Emanoilidis |Andrew Gray |David Scott Forrester |David Judson
Recent cases before Ontario's Capital Markets Tribunal (the
Ontario Tribunal) and the Alberta Securities Commission (the ASC)
provide guidance on when it may be appropriate for an issuer to
adopt a shareholder rights plan without shareholder approval in the
face of a shareholder acquiring a significant ownership position.
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Oct 9, 2024 | 
mondaq.com | Andrew Gray
The 2024 litigation commenced by ExxonMobil Corporation against
two activists about the scope of shareholder proposals highlights
important questions in the increasingly contested issue of the
corporate governance of climate change strategy: (i) who, as
between shareholders and the board, sets climate change strategy;
and (ii) given the purpose of corporations, are there limits on the
kinds of strategy a shareholder can validly propose?
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Jul 16, 2024 | 
963jackfm.com | Andrew Gray |Andreas Rinke |John Irish
By Andrew Gray, Andreas Rinke and John IrishBRUSSELS (Reuters) – In February, Europe’s political and foreign policy elite heard directly from Senator J.D. Vance on his opposition to military aid for Ukraine and his blunt warning that Europe will have to rely less on the United States to defend the continent.
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Jun 5, 2024 | 
mondaq.com | Andrew Gray
Board leadership of complex organizations is always challenging. Setting strategy, engaging with stakeholders, supervising
management and overseeing operational and legal risks are all
highly demanding responsibilities. Executing on those
responsibilities amid change is especially challenging, and
especially important. Good governance practices will help a company
succeed financially, attract and protect investors, and will lead
to a sustainable and resilient business.
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Jun 5, 2024 | 
mondaq.com | Andrew Gray
Climate change is one of the most important challenges facing
society, the economy, and individual businesses. Two recent
high-profile shareholder litigation cases have highlighted
fundamental issues for corporate directors in their oversight of
climate change risk management, raising key questions that have
wide-ranging implications for businesses and beyond. First, who is
responsible for managing climate change risk and setting corporate
policy: shareholders or the board?
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Jun 3, 2024 | 
mondaq.com | Yaletown Partners |Stephen Neil |Konata T. Lake |Andrew Gray
It is common for private equity sponsors to obtain board
nomination rights that are commensurate with their level of
investment in a given business. Board nomination rights provide the
nominating shareholder with an ability to effectively monitor and,
in some cases, control their investment by nominating directors
whom they believe represent their interests.
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May 30, 2024 | 
lexology.com | Andrew Gray
Board leadership of complex organizations is always challenging. Setting strategy, engaging with stakeholders, supervising management and overseeing operational and legal risks are all highly demanding responsibilities. Executing on those responsibilities amid change is especially challenging, and especially important. Good governance practices will help a company succeed financially, attract and protect investors, and will lead to a sustainable and resilient business.
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May 30, 2024 | 
lexology.com | Andrew Gray
Climate change is one of the most important challenges facing society, the economy, and individual businesses. Two recent high-profile shareholder litigation cases have highlighted fundamental issues for corporate directors in their oversight of climate change risk management, raising key questions that have wide-ranging implications for businesses and beyond. First, who is responsible for managing climate change risk and setting corporate policy: shareholders or the board?
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May 30, 2024 | 
lexology.com | Stephen Neil |Konata T. Lake |Andrew Gray
It is common for private equity sponsors to obtain board nomination rights that are commensurate with their level of investment in a given business. Board nomination rights provide the nominating shareholder with an ability to effectively monitor and, in some cases, control their investment by nominating directors whom they believe represent their interests.
