Criminal Practice 2006

Course Date: March 25, 2006

Optional Ethics Session: “CLE-TV: Implied Undertakings”

Michael Dew — Jenkins Marzban Logan LLP, Vancouver
Jo Ann Carmichael, QC — Alexander Holburn Beaudin + Lang LLP, Vancouver

Welcome and Introduction

William J. McFetridge  Bull, Housser & Tupper LLP, Vancouver

Retaining Key Employees and Dealing with Restrictive Covenants
  • changing the terms of employment
  • enforcing non-compete, non-solicitation, and confidentiality clauses
  • equity participation plans

Melanie C. Samuels  Singleton Urquhart LLP, Vancouver 

Tax Effective Planning Strategies for the Purchaser
  • when should a purchaser avoid buying shares
  • price allocation issues (Diashowa case)
  • small business capital gains exemption
  • how should Americans structure their purchases
  • opportunities to increase the tax cost of assets
David R. Baxter  Thorsteinssons LLP, Vancouver 

Networking Break

Planning for Post-Closing Competition Issues

  • anticipating and planning for competition issues
  • when and when not to approach bureau
  • post-closing strategies to minimize concerns
  • what traps the purchaser should avoid
Anita Banicevic  Davies Ward Phillips & Vineberg LLP, Toronto 
Mark C. Katz  Davies Ward Phillips & Vineberg LLP, Toronto

Lunch (on your own)
Avoiding Post-Closing Accounting and Auditing Issues
  • don't forget GAAP/ASPE/IFRS—what will it look like; what info will be needed for financial statement presentation and disclosure of the M&A transaction? 
  • auditor/accountant independence—issues that might impact post-closing; can your auditor/advisor still sign off? 
Jim Carr-Hilton  Dale Matheson Carr-Hilton Labonte LLP, Vancouver

Indemnities—Protecting the Purchaser Post-Closing
  • what should the purchaser bargain for
  • when does the purchaser overreach
  • trends in limiting the indemnities
  • which "fundamental" reps should be exempted from limitations
Mitchell H. Gropper, QC  Farris, Vaughan, Wills & Murphy LLP, Vancouver
Stuart B. Morrow — Davis LLP, Vancouver 

Networking Break

Resolving Post-Closing Disputes
  • when to go to court or arbitration
  • drafting arbitration or other dispute resolution clauses
  • avoiding common traps in arbitration
  • types of arbitrations that work well
Ludmila B. Herbst — Farris, Vaughan, Wills & Murphy LLP, Vancouver  

Closing Questions and Comments

William J. McFetridge — Bull, Housser & Tupper LLP, Vancouver