![]() | Conflict of Interest Transactions in Canada and Recent Regulatory Guidance |
October-17-2017
Area | Corporate Finance and Securities |
Summary
In several jurisdictions in Canada, conflict of interest transactions are subject to the regulatory regime set out in Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). This guide provides an overview of some of the key legal considerations relevant for issuers engaging in conflict of interest transactions in Canada, as well as guidance on avoiding the potential delays, administrative burdens and reputational issues that may arise when engaging in these transactions.