CLE Online

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