 | Stephen Pincus at the Canadian Institute Conference |
November-30-2006
| Lawyer | Stephen Pincus |
| Area | REITs and Income Securities |
Details
November 30, 2006
9:45am: Governance Challenges for Income Trusts: Understanding Board Obligation, Unit Holder Protections, Transparency and Management Compensation
Moderator: Stephen Pincus, Partner, Goodmans LLP
This session will cover:
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Examining the trustee’s legal obligations
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How do a trustee’s fiduciary duties differ from those of a director?
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Assessing trustee risk in the distribution of cash
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Effectively balancing the potentially competing interests of unit holders, management and the trustee
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Best practices when there is a sponsored conversion
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Best practices in dealing with management compensation and long-term incentive plans
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Identifying the risks in utilizing compensation, benefit, short term and long term incentive programs
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Tips and traps in monitoring the audit and disclosure of compensation arrangements
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Distinguishing the rights and remedies of shareholders rights from those of unit holders
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Ensuring trust compliance with:
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U.S. Securities regulation
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Canadian Securities regulation
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Sarbanes-Oxley
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Overcoming the challenges when there is an operating company underneath a trust:
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the commonality of directors and trustees
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avoiding conflicts of interests
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Does the structure of income trusts prejudice good governance?
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Analyzing possible legislative reforms
The Canadian Institute’s National Summit on Income Trust, Structuring, Governance & Taxation
November 30 - December 1, 2006
Metropolitan Centre, Calgary
