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Implications of the Certicom Decision for Confidentiality Agreements

January-23-2009

Area Corporate Finance and Securities, Mergers and Acquisitions, Private Equity

Summary

In a ruling released on January 19, 2009, the Ontario Superior Court of Justice effectively ruled that Research in Motion Limited (“RIM”) could not proceed with its hostile take-over bid for Certicom Corp. (“Certicom”) because the bid contravened confidentiality agreements between the companies.

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