Prof. Anita Anand writes "The importance of regulatory oversight of proxy advisory firms"

Saturday, May 26, 2018

In a commentary in the Globe and Mail, Prof. Anita Anand looks at the implications of the growing influence of proxy advisory firms on corporate governance ("The importance of regulatory oversight of proxy advisory firms," May 23, 2018).

Read the full commentary on the Globe and Mail website, or below.

Reboot: Challenges and Opportunities in Corporate and Commercial Law - The 2018 C&C Law Workshop

Wednesday, May 23, 2018

2018 Consumer and Corporate Law Workshop - panel discussion

By Alvin Yau, JD 2018 / Photos by Dhoui Chang

The Faculty of Law was pleased to revive the Consumer and Commercial Law Workshop in April 2018. The Workshop had been run by Professor Emeritus Jacob Ziegel since 1970. It was an annual event that brought together people who were interested in the latest developments in commercial and consumer-related areas of law.

Prof. Anita Anand writes "Canada should take a U.S. approach to the Aecon takeover bid − and reject it"

Monday, April 16, 2018

In a commentary in the Globe and Mail, Prof. Anita Anand examines approaches to assessing national security concerns with regards to the bid by Chinese state-owned company China Communications Construction Co. to take over Canadian construction company Aecon Group Ltd. ("Canada should take a U.S. approach to the Aecon takeover bid − and reject it," April 16, 2018).

Enhancing Governance in Dual Class Share Firms

Anita Anand
Saturday, March 24, 2018

Enhancing Governance in Dual Class Share Firms

by Anita Anand

            In a typical public company, shareholders can elect the board, appoint the auditors, and approve fundamental changes.  In other words, they can participate in the governance of the firm. Firms with dual class shares (DCS) alter this balance by inviting the subordinate shareholders to carry the financial risk of investing in the firm without providing them with the corresponding power to elect the board and exercise other voting rights. I argue that this misalignment of rights and risks should be subject to three modest reforms in order to enhance governance in DCS firms.

            The rationale underlying DCS is that they allow firm founders to protect themselves against a loss of control,[1] thereby ensuring that they can implement a long-term corporate strategy notwithstanding  short-term market pressures.[2] But the central question must be asked: to what extent (and for how long) should the law allow the founders to pursue their “idiosyncratic vision” for the DCS corporation?[3] 

Prof. Anita Anand writes "How the OSC upheld the public interest in Eco Oro case"

Wednesday, December 6, 2017

In a commentary in the Globe and Mail, Prof. Anita Anand analyzes how the Ontario Securities Commission exercised its public interest jurisdiction in a case regarding the company Eco Oro, which issued 10 per cent of its common shares to four shareholders with the apparent intention of preventing the replacement of its board of directors ("How the OSC upheld the public interest in Eco Oro case," December 4, 2017).

Profs. Anita Anand and Andrew Green, and JD student Matthew Alexander, write "Are no-contest settlements in the public interest?"

Wednesday, July 19, 2017

In a commentary in the Globe and Mail, Professors Anita Anand and Andrew Green, and JD student Matthew Alexander, express concern about the Ontario Securities Commission’s recent no-contest settlements and explain why they could be a cause for concern ("Are no-contest settlements in the public interest?", July 19, 2017).

Read the full commentary on the Globe and Mail website, or below.

"Boilerplate" scholar Professor Radin joins Faculty of Law

Friday, August 4, 2017
professor peggy radin

Contract and property law professor is an expert on 'boilerplate' contracts forced onto online consumers

By Andrew Stobo Sniderman, JD 2014

Roundtable: Enforcement of Securities Law Violations

This roundtable will discuss two empirical projects relating to the enforcement of securities law violations. The first project centres on the argument that relative to the United States, Canada tends to pursue more standard insider trading actions that focus on a top insider or advisors of an insider and a single traded company (as opposed to multiple company insider trading enforcement actions). The second project relates to settlements of securities law violations and provides empirical data regarding the use of settlements in the Canadian context.

Pages