What’s Wrong with Aritzia’s IPO?

By Anita Anand and Tegan Valentine Late on September 26, 2016, popular Canadian women’s fashion retailer Aritzia filed the final prospectus for its IPO. The retailer’s C$400 million transaction is generating buzz as the year’s largest Canadian IPO. But it also creates a dual class share structure, which has given rise to a broader debate about… Read More What’s Wrong with Aritzia’s IPO?

One Case, Two Commissions, Several Novel Securities Issues

by Anita Anand This week, the Ontario Securities Commission and British Columbia Securities Commission simultaneously heard a case relating to the hostile takeover bid that Idaho’s Hecla Mining Co. has launched for Dolly Varden Silver Corp., a junior issuer based in British Columbia. Hecla seeks to acquire all of the Varden shares it does not… Read More One Case, Two Commissions, Several Novel Securities Issues

Will the OSC Whistle-Blower Program Change the Game, or Just Get Played?

by Anita Anand In this article, published in the Globe and Mail on July 14, 2016, Wendy Berman and Lara Jackson argue that whistleblowers may be vulnerable under the new regime even though they are permitted to remain anonymous if represented by counsel: Full article is here: http://www.theglobeandmail.com/report-on-business/rob-commentary/will-the-osc-whistle-blower-program-change-the-game-or-just-get-played/article30903748/. The Ontario Securities Commission’s new Office of the Whistleblower… Read More Will the OSC Whistle-Blower Program Change the Game, or Just Get Played?