Advanced Securities 2022 Series: Combo


Course Date: May 3, 2022

Full Course Materials
Total: 6h 12min
Course Agenda ▼

Session 1 — Tuesday, May 3, 2022

Securities Case Law Update (12:00 – 1:00)

  • key cases
  • analysis and trends
  • effects on practice
  • Fairstone Financial Holdings Inc. v. Duo Bank of Canada, 2020 ONSC 7397
  • Cineplex Inc. v. Cineworld Group PLC and 1232743 B.C. Ltd., 2021 ONSC 8016
  • Rogers v. Rogers Communication Inc., 2021 BCSC 2184
  • C.M. Callow Inc. v. Zollinger, 2020 SCC 45
  • Wastech Services Ltd. v. Greater Vancouver Sewerage and Drainage District, 2021 SCC 7
  • Re Bison Acquisition Corp., 2021 ABASC 188

Fred R. Pletcher — Borden Ladner Gervais LLP, Vancouver
Leo Raffin — McMillan LLP, Vancouver

BREAK (1:00 – 1:15)

Initial Public Offerings (IPOs) (1:15 – 2:15)

  • Initial Public Offering (IPO) structures
  • due diligence considerations
  • securities regulatory and stock exchange matters
  • financial statements and financial measures disclosures issues
  • communications
  • multi-voting shares
  • underwriters

Graeme Martindale — Borden Ladner Gervais LLP, Vancouver
Susan Tomaine — Blake, Cassels & Graydon LLP, Vancouver

Session 2 — Tuesday, May 10, 2022

Shareholder Activism (12:00 – 1:00)

  • traditional activism trends
    • board and transactional
  • the rise of ESG in activism
    • the push for ESG
    • proxy advisors
    • say on climate
  • virtual meetings

David Salmon — President, Laurel Hill Advisory Group LLP, Vancouver
Teresa Tomchak — Farris LLP, Vancouver

BREAK (1:00 – 1:15)

Environmental, Social, and Corporate Governance (ESG) Issues (1:15 – 2:15)

  • current landscape: what is ESG, ESG frameworks, equator principles, ESG ratings, ESG focused activist, and what's on the horizon
  • regulatory trends in Canada and US
  • practical insights: Wheaton's ESG Journey, opportunities, challenges, and top five recommendations
  • best practices: how to think about ESG disclosure, board oversight, continuous disclosure filings, other public disclosure, engaging with ESG focused investors, and takeaways

Ravipal S. Bains — McMillan LLP, Vancouver
Tamara Howarth — Vice President, Legal, Wheaton Precious Metals Corp., Vancouver

Session 3 — Tuesday, May 17, 2022

Mergers and Acquisitions Activism (12:00 – 1:00)

  • what is M&A activism
  • different types of M&A activism
    • prevent or improve an existing deal
    • break-up the company
    • sell the company
  • incentives for participating in M&A activism
  • trends and results of M&A activism
    • activist hedge funds
    • statistical trends

Steven McKoen, KC — Blake, Cassels & Graydon LLP, Vancouver
Evan Straight — Blake, Cassels & Graydon LLP, Vancouver

BREAK (1:00 – 1:15)

Regulatory Update (pre-recorded presentation) (1:15 – 2:30)

  • TSX Venture Exchange updates:
    • Capital Pool Companies changes
    • security based compensation changes
    • $0.05 minimum pricing temporary relief
  • BC Securities Commission updates:
    • CSA's Investor Advisory Panel 
    • OBSI 
    • what will follow from merger of two self-regulatory organizations
    • mutual fund issue of deferred service charges
    • 51-519 Promotional Activity Disclosure Requirements

Charlotte Bell — Senior Policy Counsel, TMX Group, Vancouver
Gordon R. Johnson — Vice-Chair, BC Securities Commission, Vancouver