Shareholder Activism & Critical Situations

We guide companies, boards and investors through shareholder campaigns, proxy contests and critical situations with strategic counsel that protects interests and drives successful outcomes.
Key Contacts
Staley RobertHanc KristopherTruswell Jon
Board room table

Overview

Shareholder campaigns and proxy contests are now a fact of life for Canadian public companies. Activist investors increasingly use public campaigns, and the threat of public campaigns, to influence strategy, operations and governance.

When facing or initiating a possible shareholder campaign, proxy contest or other critical situation, having an expert team in place, ready to act, is a must.

Bennett Jones has one of the most experienced and successful shareholder activism and critical situations groups in Canada. We are frequently called upon for our expertise to assist in some of the most difficult situations and have consistently helped our clients achieve successful results.

Our shareholder activism and critical situations team provides strategic advice to issuers, special committees and activist investors in all aspects of shareholder activism, including proxy contests, securities law compliance, defensive and activist strategies, meeting requisitions, settlements and proceedings before the courts and securities regulators.

Our team has also played a leading role in many of Canada's most high profile contested transactions, regulatory investigations, management-initiated internal investigations and other critical situations. ���

Client Work

Eagle Energy
in the successful defence of a dissident proxy campaign by Kingsway Financial Services and Daniel Gunderson to replace its board of directors
Augen Gold
in a shareholder meeting requisition and proxy contest by Augen Capital
Special Committee of Central Fund of Canada
in the successful defence of a shareholder meeting requisition by Sprott Asset Management
Special Committee of Silver Bullion Trust
in the Trust's successful defense against a dissident unitholder meeting requisition and subsequent proxy contest
Special Committee of Central GoldTrust
in the Trust's successful defense against a dissident unitholder proposal and subsequent proxy contest
Extendicare
in a negotiated settlement following a shareholder meeting requisition and proxy contest by Oxford Park Group
Forbes & Manhattan
in the successful defence of a proxy contest for Aberdeen International
Ontario Securities Commission
in a successful application by the Special Committee of Vengrowth to cease trade a proxy solicitation by the GrowthWorks funds
GeoMegA
in its successful defence of a dissident proxy fight to replace its board of directors
Scorpio Mining
in an application before the Ontario Superior Court of Justice that successfully challenged the nomination by a shareholder of candidates for election at Scorpio's annual meeting
Staley Robert

Robert W. Staley

Vice Chair and Partner

Hanc Kristopher

Kristopher R. Hanc

Partner  •   Co-Head of Corporate Department; Co-Head of Capital Markets Practice

At the centre of market-shaping deals and high-stakes disputes, Bennett Jones delivers clarity, strategy and results. Our cross-border teams turn complexity into progress, always focused on what drives your success.

Your Guide to Legal Solutions: Shareholder Activism & Critical Situations

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The Bennett Jones Story

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