Rule 144 – General Information for Non-Affiliates
We are often asked to outline the requirements for a Rule 144 resale and thought to provide some general guidance on the topic in this ... Continued
The Even-Hand Rule
Executors must remember their obligation to treat all beneficiaries of a will equally.
SEC Adopts Pay Ratio Disclosure Rule
On August 5, 2015, the Securities and Exchange Commission (the “SEC”) adopted a final rule requiring public companies to disclose the ratio of the annual ... Continued
CSA Wants More Information on Exempt Distribution Reports
The CSA proposed a new form 45-106F1.
CSA Proposes Harmonized Exempt Distribution Reports
On August 13, 2015, the Canadian Securities Administrators published for comment proposed amendments to National Instrument 45-106 Prospectus Exemptions that would harmonize the exempt distribution ... Continued
Application of WESA: Date of Death or Date of Will?
Recent case draws hard line for the date that determines the application of WESA.
End of Life Health Care Planning – Be Careful What You Wish For
Editor’s note: We are delighted to welcome Geoff White as counsel with our Tax & Estate Planning and Wealth Preservation Groups. Geoff is a highly ... Continued
Builders Lien Act Reform in Progress
The British Columbia Law Institute (the “BCLI”) is undertaking a major law reform project on the Builders Lien Act (the “Act”) and has begun a ... Continued
Joint transfers with children can have devastating results
It can be difficult to determine the precise intention behind transfers into joint ownership.
SEC Proposes “Claw Back” Policy for Executive Compensation
The Securities and Exchange Commission (“SEC”) recently proposed rules directing U.S. national securities exchanges to require listed companies to adopt policies that require executive officers ... Continued
CSA Continuous Disclosure Review
On July 16, 2015, the Canadian Securities Administrators (the “CSA”) announced the results of their continuous disclosure review program. The program is intended to improve ... Continued
Judicial Review: Umpire’s Decision Upheld
In the recent judgment of Vandale v. Wawanesa Mutual Insurance, the British Columbia Supreme Court was asked to judicially review the decision of an umpire, ... Continued