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Hostile Bids Take Over Canadian Companies
Since mid-2005, there have been a slew of hostile bids for and by Canadian companies. And in contrast to the United States, in Canada such uninvited offers generally succeed. American hostile bids often languish under shareholder rights plans and seemingly endless litigation. It seems that Canadians are much more, well, friendly to hostile bidders. While M&A experts predict that the Canadian hostile trend will continue, it's possible that takeovers might not be so easy in the future.Arbitration Scorecard 2013: Treaty Disputes
Treaty arbitrations active in 2011–13 in which at least $100 million was at stake.The Supreme Court crippled the Alien Tort Statute in April, ruling that ATS plaintiffs can't sue over alleged atrocities committed on foreign soil. But the common law alternative to alien tort is alive and well, and multinationals are doing battle on multiple fronts.
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