LevelJump Healthcare enters into cooperation agreement and announces board reconstitution
Goodmans LLP advised the Board of Directors of LevelJump Healthcare Corp. in connection with entering into a cooperation agreement with a shareholder of LevelJump, Frank Teti.
Frank Teti holds more than 5% of the issued and outstanding common shares of LevelJump. He requisitioned a meeting of shareholders of the company for the purpose of reconstituting LevelJump’s board of directors by removing the current directors and electing five new independent directors.
Under the terms of the cooperation agreement, LevelJump has agreed to a reconstitution of its Board of Directors to include three new appointments and resignation of certain previous board members.
LevelJump is one of Canada’s largest companies providing emergency teleradiology that offers in-patient diagnostic imaging facilities, including x-rays, ultrasounds, mammography, and other medical services.Expertise
Featured Work
-
Mergers and Acquisitions
Abrams Capital increases stake in SECURE Waste and opposes proposed GFL acquisition
Goodmans LLP acted for Abrams Capital Management, L.P. in connection with its acquisition of an additional 160,000 common shares of SECURE Waste Infrastructure Corp., increasing its total ownership to… -
Shareholder Activism
Shen Capital announces director nomination and strategic review of Pivotree
Goodmans LLP is acting for Shen Capital Partners Inc., one of the largest shareholders of Pivotree Inc., in connection with a proposed director nomination and a formal strategic review to be conducted… -
Shareholder Activism
Anson campaign leads to governance settlement and board appointment at Lionsgate Studios
Goodmans LLP acted for Anson Funds Management LP in connection with its activist campaign to pressure Lionsgate Studios Corp. into pursuing the sale of its business unit, Starz Entertainment Corp… -
Shareholder Activism
LevelJump Healthcare enters into cooperation agreement and announces board reconstitution
Goodmans LLP advised the Board of Directors of LevelJump Healthcare Corp. in connection with entering into a cooperation agreement with a shareholder of LevelJump, Frank Teti… -
Shareholder Activism
Plantro Ltd. and Calian Group enter cooperation agreement
Goodmans LLP advised Plantro Ltd. in connection with entering a cooperation agreement with Calian Group Ltd. to accelerate its board renewal process and establish a temporary board committee to… -
Shareholder Activism
Plantro Ltd. completes Tender Offer and initiates C$1.2 billion Information Services Corporation sale
Goodmans LLP advised Plantro Ltd. in connection with its all-cash tender offer to acquire class A limited voting shares in the capital of Information Services Corporation (“ISC”) at a price of $30 per…