Jeremy Fraiberg

Mar 11, 2024 | lexology.com | Alexander P. Gorka |Teresa Tomchak |James Brown |Brett Anderson |Jeremy Fraiberg |William Heisey

On March 11, 2024, the Ontario Capital Markets Tribunal (Tribunal) released the reasons [PDF] for its order dated December 14, 2023 dismissing the application of Mithaq Capital Inc. (Mithaq) to cease trade a private placement that Aimia Inc. (Aimia) completed in October 2023[i]. Mithaq asserted that the private placement was an improper defensive tactic designed to thwart its takeover bid for Aimia.

Dec 20, 2023 | mondaq.com | Jeremy Fraiberg |Alex Gorka |Ben Fickling

Canadian initial public offering (IPO) activity boomed from 2018 to 2021, with transaction volumes peaking in 2021. A sizeable number of these IPOs were from technology-based companies that benefited from high valuations during the pandemic. By contrast, the last two years have been challenging for capital markets generally. This has especially been the case for many issuers that went public during the 2018-2021 period.

Feb 7, 2023 | lexology.com | Jeremy Fraiberg

The Ontario Superior Court of Justice’s recent decision in Sandpiper Real Estate Fund 4 Limited Partnership v. First Capital Realty Real Estate Investment Trust [PDF], 2023 ONSC 794, provides helpful guidance to boards as to when they must hold a requisitioned shareholders meeting and the process they should follow to ensure their business judgment is afforded the greatest degree of deference.