It is important to engage the right legal counsel at the right time when engaging in shareholder activism matters that can impact the control and destiny of a company. Every situation requires a different solution. Our team works with clients and their other advisors to analyze all considerations in developing a strategy and approach.
We help issuers and stakeholders achieve the right results to best serve the interests of our clients. Our corporate securities and litigation groups work together to advise clients on a number of shareholder activism situations that may arise, including:
Our team regularly advises issuers, management teams, boards of directors, special committees, shareholders and other stakeholder groups to assist in the broad range of issues and situations that may arise between an issuer and its stakeholders.
Did you know?
BD&P advised MEG Energy and its board of directors regarding the response to the $6 billion unsolicited takeover bid by Husky Energy
Counsel to Liquor Stores in the defense of a proxy contest initiated by a dissident institutional shareholder to gain control of Liquor Stores' board of directors. BD&P’s work included the successful defense of Liquor Stores' soliciting dealer fee arrangement before a hearing of the Alberta Securities Commission.
Counsel to the committee of independent directors of Athabasca Potash Inc. in its defence of a proxy contest and its administration of a contested shareholder meeting, where dissident shareholders sought to replace members of management and the board of directors.
Alberta counsel to Pershing Square in a successful proxy contest initiated by Pershing to replace a number of directors of Canadian Pacific. This proxy contest was settled resulting in the departure of Canadian Pacific Railway's CEO and five board members and the election of Pershing's nominees.
Counsel to the independent director and the chairman in his administration of a series of contested unitholder meetings organized by the Citadel Fund Administrator.
Counsel to Crown Point Energy Inc. in the successful defense of a proxy contest initiated by a dissident institutional shareholder who requisitioned a shareholder meeting to gain control of Crown Point's board of directors and to defeat Crown Point's US$15 million financing to a private equity investor.
Counsel to Crown Point Energy Inc. in the successful defence of a proxy contest initiated by a dissident institutional shareholder who requisitioned a shareholder meeting to gain control of Crown Point's board of directors and to defeat Crown Points's US$15 million financing to a private equity investor