![]() | I coulda been a litigator |
July-1-2016
Lawyer | Neill May |
Area | Corporate Finance and Securities |
Summary
Article originally published in the Canadian Lawyer Magazine, July 2016
Excerpt from "I coulda been a litigator":
The court decisions in Jaguar Financial Corporation v. Alternative Earth Resources Inc. touched on each of those dynamics (and in the very trendy context of a potential proxy contest), with the additional element that confounds amateur litigators that court decisions often seem meaningfully affected by the courts’ sense of the disputing parties and their conduct. In that case, Alternative Earth Resources Inc. was considering a potential acquisition (the Black Sea transaction). One of AER’s directors had a disclosable (and disclosed) interest in the proposed transaction, and other members of the board were slated to continue as directors post-completion of the transaction.