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Archives for Pam Vermeersch « Recent Articles
Recent Decisions Highlight Importance of Confidentiality Agreements
Two recent Ontario court rulings mean that lawyers and their clients will likely be paying much closer attention to the wording and implications of confidentiality agreements, particularly in the context of hostile takeover bids.
In Gold Reserve Inc. v. Rusoro Mining Ltd., the Ontario Superior Court of Justice granted a temporary injunction enjoining Rusoro from engaging in a hostile take-over bid for Gold Reserve. The injunction also restrained Rusoro's financial advisor, Endeavour Financial…
Since the Corruption of Foreign Public Officials Act (the “CFPOA”) entered into force on February 14, 1999, it has not been an important concern for most companies. This is largely due to the fact that only one Canadian company has been prosecuted under the CFPOA to this point. However, with the increased focus internationally on combating corruption, and the aggressive approach now being taken in the U.S., this is likely to change.
Many companies are violated the provisions of…
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