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The Supreme Court Releases Reasons in the BCE Litigation

January-1-2009

Area Corporate Finance and Securities

Summary

In late-December 2008, the Supreme Court of Canada (the “Court” or the “SCC”) released the written reasons for its decision earlier in the year to approve the plan of arrangement by which  the proposed acquisition of BCE Inc. (“BCE”) was to proceed.  For reasons unrelated to the issues that the Court had considered at the hearing of this matter in June, 2008 the proposed acquisition had been terminated just prior to the release of the SCC’s reasons.

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