 Bennett JonesArticle Some Lessons for Directors From Sino-ForestNovember 1, 2014 Authors Gary S.A. SolwayPartner Sino-Forest was a TSX-listed company, with a $6 billion market
capitalization, that became a worthless stock as a result of
allegations of fraud made against it by a short seller in June 2011. At
the time, Sino-Forest was a Canadian-incorporated forestry company,
headquartered in Mississauga but operating primarily in China. Most of
its assets and employees, including most of its management team, were in
China. Published in Corporate Governance, Federated Press, November 2014. Republishing Requests For permission to republish this or any other publication, contact Bryan Canning at canningb@bennettjones.com. For informational purposes only This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors. AuthorsGary S.A. Solway, Partner Toronto • 416.777.6555 • solwayg@bennettjones.com |