https://gowlingwlg.com/ecaapi/en-fr/rss/resource?sector=Financial+Institutions+%26+ServicesGowling WLG Resources RSS Feed8c51779a-ec6c-4fb9-a8dd-a8765989dd4bhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2026/banking-and-finance-team-advises-mercia-asset-management-on-new-financing-facilitiesOur Banking and Finance team advised Mercia Asset Management plc on a new £38 million financing package with Metro Bank, supporting the AIM-listed investment manager's growth strategy.Tue, 18 Aug 2026 00:00:00 Zb853516f-1f4d-437a-9cb1-aff976cda93fhttps://gowlingwlg.com/en-FR/insights-resources/articles/2024/employment-law-changes-2024The Government has advanced employment law reforms, including expanded trade union rights, stronger industrial action protections, updated tips guidance and new right to work obligations from October 2026. Employers should also monitor developments on the Fair Work Agency, gender pay reporting and contract changes.Tue, 11 Aug 2026 00:00:00 Z09458bad-879a-4732-93d3-d0ec6cb87026https://gowlingwlg.com/en-FR/insights-resources/client-work/2026/financial-services-and-funds-team-advises-pacific-asset-management-on-acquisition-of-assetOur Financial Services and Funds team has advised Pacific Asset Management on its acquisition of Asset Value Investors, one of Europe's foremost activist investors. The transaction marks the second deal on which the team has advised Pacific this year.Fri, 07 Aug 2026 00:00:00 Z9be13cf9-6cfb-49cc-82ed-4ff013b8deadhttps://gowlingwlg.com/en-FR/insights-resources/articles/2026/understanding-the-new-non-financial-misconduct-rule-adapting-workplace-investigationsThe FCA’s new non-financial misconduct rule will reshape workplace investigations from September 2026. In the final article of our series, we explore how HR, legal and compliance teams should adapt processes to assess conduct, fitness and propriety under the revised regime.Tue, 28 Jul 2026 00:00:00 Z44d760ea-e485-471c-a375-ed7e0fa52079https://gowlingwlg.com/en-FR/insights-resources/articles/2026/is-europe-removing-the-barriers-to-defence-investmentGrowing defence budgets, changing investor sentiment and new fund structures are reshaping Europe's investment landscape. Invest Europe's proposed LPA changes could unlock capital for defence and dual-use businesses. Find out what's driving the shift and where opportunities may emerge.Wed, 22 Jul 2026 00:00:00 Z454b83e1-db0f-4fb2-aa6f-fe7198ff1ac0https://gowlingwlg.com/en-fr/insights-resources/articles/2026/reopen-consultation-mga-licensing-frameworkLearn what insurers, MGAs and intermediaries should be watching before the August 17 consultation deadline.Thu, 16 Jul 2026 00:00:00 Z0313e66a-a75d-41f1-9524-a658a2360d11https://gowlingwlg.com/en-FR/insights-resources/guides/2026/country-guide-2026-restructuring-insolvencyThe Legal 500: Restructuring & Insolvency Country Comparative Guide offers its readers with a pragmatic overview of the law and practice of restructuring & insolvency law across a variety of jurisdictions.Wed, 15 Jul 2026 00:00:00 Zf792d850-9118-4664-b1a0-758f33e4635chttps://gowlingwlg.com/en-FR/insights-resources/articles/2026/too-hot-to-work-the-legal-risks-behind-britains-heatwaveAs UK heatwaves intensify, businesses face growing legal risks around workplace safety, infrastructure resilience, contracts and property. With no maximum workplace temperature, organisations must assess and manage heat-related risks proactively to remain compliant and commercially prepared.Tue, 14 Jul 2026 00:00:00 Z37275661-70b8-4d10-8f8a-e817d036be17https://gowlingwlg.com/en-FR/insights-resources/articles/2026/finance-in-aerospace-and-defenceFinance is becoming a strategic driver of growth, innovation and resilience across aerospace and defence. As programmes grow in scale and complexity, access to capital is shaping competitiveness and long-term success. Discover what's fuelling the future of aerospace and defence.Mon, 13 Jul 2026 00:00:00 Z585e1304-50b9-41ed-a1aa-ccd6202c31ebhttps://gowlingwlg.com/en-FR/insights-resources/articles/2026/local-opposition-ai-data-centresAI data centre development faces growing local opposition over water use, electricity costs and noise emissions, but public resistance may also reflect broader concerns about AI’s long-term impact on society.Mon, 13 Jul 2026 00:00:00 Z97639b61-482e-497f-b2c7-28a718fdb85ahttps://gowlingwlg.com/en-fr/insights-resources/client-work/2026/financial-services-and-funds-team-advises-social-housing-reitGowling WLG is advising Social Housing REIT plc on its £185.3 million acquisition of senior living assets, supporting its strategic repositioning as Living REIT plc and expansion across supported housing, senior living and care home sectors.Fri, 26 Jun 2026 00:00:00 Z0cb4ea07-216e-4735-985d-11850e0ca5f7https://gowlingwlg.com/en-FR/insights-resources/articles/2026/time-to-face-the-music-on-drip-pricingThe CMA is rapidly advancing its crackdown on drip pricing, closing a number of its investigations and securing over £1.95 million in refunds and £5.7 million in fines, signalling a tougher, faster-moving consumer enforcement regime.Wed, 24 Jun 2026 00:00:00 Z5b7bce00-1478-4afc-a65f-5d473b2bedf4https://gowlingwlg.com/en-FR/insights-resources/client-work/2026/capital-markets-team-advises-chess-bidco-limitedOur Capital Markets team has advised Chess Bidco Limited on its recommended £206 million acquisition of Ramsdens Holdings plc. The scheme of arrangement supports FirstCash’s continued UK expansion.Wed, 24 Jun 2026 00:00:00 Z4a6d5fa9-e018-432b-93c6-02e7f774e8edhttps://gowlingwlg.com/en-fr/insights-resources/client-work/2026/banking-and-finance-team-advises-sanctuary-capital-plcGowling WLG advised Sanctuary Capital plc on its inaugural £350 million sustainability linked issuance under its £2.5 billion EMTN Programme, supporting long-term financial sustainability, investment in existing homes and the delivery of much-needed new affordable housing.Fri, 19 Jun 2026 00:00:00 Zb370877f-60be-416a-aa42-245288b9b4dehttps://gowlingwlg.com/en-FR/insights-resources/articles/2026/you-didnt-tick-it-you-shouldnt-pay-it-cma-targets-online-add-onsThe CMA has fined Marks Electrical £720k for using pre‑ticked boxes to sell add‑ons, with £600k to be refunded to customers. Enforcement on ‘dark patterns’ is accelerating, reinforcing that optional extras must require clear, active consumer consent.Thu, 18 Jun 2026 00:00:00 Zafda2d03-0748-4a86-bf49-8211ed23c9f8https://gowlingwlg.com/en-FR/insights-resources/articles/2026/pay-to-parent-ryanairs-family-fees-hit-turbulenceThe CMA is investigating Ryanair’s family seating charges, focusing on fairness and price transparency. The case highlights growing enforcement risk around ‘drip pricing’ and signals a wider regulatory crackdown on hidden or unavoidable consumer costs.Mon, 15 Jun 2026 00:00:00 Z39317f16-8055-4ff3-8093-405eeeafc997https://gowlingwlg.com/en-FR/insights-resources/reports/2026/risky-businessGeopolitical volatility is no longer a background risk for business leaders. It is shaping strategy, investment and governance decisions in real time. Our latest report explores why resilience is becoming a defining leadership capability, and what organisations must do to move beyond reactive risk management in an era of permanent volatility.Fri, 05 Jun 2026 00:00:00 Z3c5b36a8-146f-4045-a1ce-19f62f75ca1fhttps://gowlingwlg.com/en-FR/insights-resources/articles/2026/misleading-sales-practices-dont-sleep-on-the-cmaThe Competition and Markets Authority has secured a High Court-backed settlement against Emma Sleep for misleading urgency tactics, including reset timers and false demand claims. Part of a wider probe into "dark patterns", it signals stricter enforcement against online pressure-selling practices.Fri, 29 May 2026 00:00:00 Z1c4f39bf-b19b-4116-ae4c-4646af7315e9https://gowlingwlg.com/en-FR/insights-resources/articles/2026/reforming-the-consumer-credit-act-1974-modernisation-flexibility-and-the-road-aheadThe shift of CCA requirements into the FCA Handbook promises greater flexibility and responsiveness, but creates short-term uncertainty as case law relevance fades. Clear, proportionate FCA guidance will be critical to support innovation and maintain regulatory confidence.Tue, 26 May 2026 00:00:00 Zeab69fd2-5e7d-4398-befc-4c5c0a860f37https://gowlingwlg.com/en-FR/insights-resources/articles/2026/understanding-the-new-fca-non-financial-misconduct-rule-twoThe FCA is tightening its approach to non-financial misconduct, with new rule from September 2026 reinforcing how workplace behaviour impacts fitness and propriety. This series explores key challenges for legal, HR and compliance teams as expectations evolve.Wed, 20 May 2026 00:00:00 Z8b8e8d5c-d308-4e9d-8d6c-3f91a4f44d1dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2026/fca-motor-finance-redress-scheme-legal-challengeThe FCA has issued updated guidance on its motor finance redress scheme amid legal challenge, confirming delays to implementation while urging firms to continue preparations and plan for a contingency scenario where compensation is driven by complaints rather than an industry-wide scheme.Tue, 12 May 2026 00:00:00 Zf1d7743a-5c7b-4614-ae92-689448142027https://gowlingwlg.com/en-fr/insights-resources/client-work/2026/financial-services-and-funds-team-advising-aberdeen-investments-on-dealGowling WLG is advising Aberdeen Investments on its appointment as manager of Herald Investment Trust PLC and related standstill arrangements with Saba Capital. The transaction, led by Nick Heather and John Reed, is expected to complete subject to regulatory approval.Mon, 11 May 2026 00:00:00 Z5eb1c8e1-6941-4203-a38a-c78fb4f57dadhttps://gowlingwlg.com/en-fr/insights-resources/client-work/2026/cross-firm-team-advises-lincoln-mgt-on-refinancing-of-one-station-hill-readingA cross firm team at Gowling WLG has advised Lincoln MGT on securing a £115 million senior debt facility to refinance the One Station Hill office development in Reading.Tue, 05 May 2026 00:00:00 Za1e4240f-3429-4195-b961-19a65e539522https://gowlingwlg.com/en-FR/insights-resources/articles/2026/canada-new-approach-to-financial-crimeCanada is taking a sharper, more coordinated approach to financial crime. Bill C-29 would establish a new Financial Crimes Agency with a focused mandate, expanded investigative powers, and stronger information-sharing tools. The direction is clear: heightened enforcement and closer collaboration across agencies.Thu, 30 Apr 2026 00:00:00 Zc2497dce-0c21-4ecb-9db3-d0c6ac950c81https://gowlingwlg.com/en-FR/insights-resources/articles/2026/competition-crypto-and-crimeFor the financial services and technology sector, the federal government is focusing on competition, digital assets, and financial crime. The Spring Economic Update 2026 outlines where Canada’s financial ecosystem is heading.Thu, 30 Apr 2026 00:00:00 Z57736a3d-bd57-4bcc-b17d-dbd2654e299bhttps://gowlingwlg.com/en-fr/insights-resources/client-work/2026/capital-markets-team-advises-cavendish-on-10-million-fundraise-for-ixicoOur Capital Markets team has advised Cavendish on a successful £10 million fundraise by IXICO plc, comprising a placing, subscription and retail offer.Tue, 28 Apr 2026 00:00:00 Z5aff79d3-c8ff-47b1-ae7d-b6940fdf3b4ehttps://gowlingwlg.com/en-FR/insights-resources/articles/2026/uk-smart-data-strategy-2035The UK’s Smart Data Strategy 2035 signals a major shift towards consent data sharing. With energy and property early priorities, this article explores what smart data means, why legislation matters and how in house teams should prepare.Fri, 24 Apr 2026 00:00:00 Z492c3296-2a2e-4d84-b2ad-3141354239c3https://gowlingwlg.com/en-FR/insights-resources/articles/2026/big-picture-for-business-2026-q1-snapshotQ1 2026 has reshaped the business outlook. Geopolitical tensions, trade disruption and energy supply shocks are weighing on growth and inflation expectations, while interest rate cuts recede. At the same time, accelerating AI investment is reshaping markets and strategy.Mon, 20 Apr 2026 00:00:00 Zccfd2a69-9d2b-4f66-b0d6-cbd1dd1b6ffbhttps://gowlingwlg.com/en-FR/insights-resources/articles/2026/understanding-the-new-non-financial-misconduct-ruleFrom September 2026, Financial Conduct Authority rules will treat bullying and harassment as regulatory conduct issues. The first in our new article series explains what the Non-Financial Misconduct rule requires, why it matters, and what HR and compliance teams must do now.Thu, 16 Apr 2026 00:00:00 Zb9b538a7-d8c7-43e8-8725-d9d5e7b5ee30https://gowlingwlg.com/en-FR/insights-resources/articles/2026/dfsa-announces-temporary-regulatory-relief-measures-for-the-difc-financial-services-communityHow will the DFSA's temporary regulatory relief measures affect your DIFC operations or authorisation plans? Read our article for an overview of the relief available and the practical considerations for regulated firms.Thu, 16 Apr 2026 00:00:00 Z487d1ea7-1f85-4760-a4e7-8e7fd4547b70https://gowlingwlg.com/en-fr/insights-resources/client-work/2026/energy-transition-team-advises-gmt-on-its-senior-debt-financing-for-biomethane-platformOur Energy Transition team has advised GMT on the development and senior debt financing of a platform of biomethane production facilities across England. Securing £80 million of committed funding, with a further £115 million available for future expansion, the financing supports GMT's growth and expansion of the UK biogas sector.Thu, 16 Apr 2026 00:00:00 Z0eef7a82-e02d-42ea-a1e2-7ec0be67baa5https://gowlingwlg.com/en-FR/insights-resources/articles/2026/beyond-deregulation-how-to-make-principles-based-regulation-work-in-practicePrinciples-based regulation is often seen as a flexible alternative to prescriptive rules. This article explains when it works best, why design and guidance matter and how well-built frameworks can elevate standards while supporting innovation and long-term confidence.Tue, 14 Apr 2026 00:00:00 Zd3c1e08b-a936-4c18-ba31-a8b433fe4b4dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2026/fca-confirms-motor-finance-redress-scheme-what-you-need-to-know-about-timing-and-eligibilityThe FCA has confirmed its long‑awaited motor finance redress scheme, clarifying who may be compensated, how redress is calculated, and key timelines. We explore what lenders and brokers need to do now, and how to prepare.Tue, 31 Mar 2026 00:00:00 Z96a296c2-aa8b-4038-8d53-f900cd9b8d99https://gowlingwlg.com/en-FR/insights-resources/client-work/2026/cross-firm-team-advises-hyde-groupWe advised Hyde Group on its long‑term investment partnership with Legal & General to scale affordable housing delivery across the UK. Our teams provided integrated corporate, finance and regulatory support to structure and document the new joint venture.Mon, 23 Mar 2026 00:00:00 Z1225288e-7c1b-4133-b235-0db7dcb92f71https://gowlingwlg.com/en-FR/insights-resources/articles/2026/built-for-humans-challenged-by-aiWho owns AI‑created brands, and does IP law still work when AI buys for us? Discover the answers at INTA 2026 with global experts and new data.Thu, 05 Mar 2026 00:00:00 Z34c6693a-bf43-4d88-85e1-e5d383050ee4https://gowlingwlg.com/en-FR/insights-resources/articles/2026/osfi-fast-track-approvals-pilotCanada’s banking regulator is opening a clearer, faster route to federal approval, with the potential to redefine how fintechs and other innovative players enter Canada’s banking system.Fri, 20 Feb 2026 00:00:00 Z448f3eeb-e0c1-428c-abe1-925ac14eab1chttps://gowlingwlg.com/en-FR/insights-resources/articles/2026/financing-data-centres-in-canada-a-2026-primerCanada's data centre market is expanding rapidly, driven by the demands of artificial intelligence, cloud computing, and various other factors. This primer summarizes the existing data centres financing playbook and highlights key Canadian legal and commercial considerations.Fri, 13 Feb 2026 00:00:00 Z154240c7-677d-4e10-adc9-47b139d21ef8https://gowlingwlg.com/en-FR/insights-resources/articles/2026/redomiciliation-a-uae-perspectiveRedomiciliation to the UAE offers new flexibility for companies seeking operational, tax and regulatory advantages. From legal considerations to employee impacts, businesses must plan carefully. Read the full article to explore the seven key questions every company should assess.Fri, 06 Feb 2026 00:00:00 Z978765bb-6923-4f45-bd87-b325d9dc18f1https://gowlingwlg.com/en-FR/insights-resources/client-work/2026/financial-services-and-funds-team-advises-pacific-asset-managementOur Financial Services and Funds team advised on the £212 million transaction between Pacific Asset Management and Pinnacle Investment Management. The deal was led by Kris Rogers with specialist support across Funds, Tax and Banking.Thu, 05 Feb 2026 00:00:00 Ze97e1934-8f12-44af-a86c-981363e65672https://gowlingwlg.com/en-FR/insights-resources/articles/2026/the-macroeconomic-and-geopolitical-outlook-for-2026John Ferguson from Economist Impact shares a clear perspective on the trends influencing global commerce in 2026, including market outlooks, trade developments, diversification strategies and the shift to AI delivering measurable ROI. Explore the full Q&A for insights to support leaders making critical decisions this year.Wed, 04 Feb 2026 00:00:00 Za45003f7-901d-4932-a545-049d7e422c81https://gowlingwlg.com/en-FR/insights-resources/articles/2026/why-deregulation-isnt-the-answerRegulation protects consumers, markets and innovation, while deregulation risks instability, weakened standards and long‑term harm. This article explores why balanced regulatory reform, not reckless deregulation, is essential for long‑term trust, safety and competitiveness.Thu, 22 Jan 2026 00:00:00 Z0abdbcb5-6029-4549-848f-34a37754b1dfhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2026/restructuring-insolvency-and-real-estate-teams-advise-derbyshire-county-councilOur Restructuring and Insolvency and Real Estate teams advised Derbyshire County Council and High Peak Borough Council on selling Buxton Crescent Hotel, Wellness Centre and Old Hall Hotel to Champneys and Cheyne Capital, continuing operations and supporting Buxton’s visitor economy.Mon, 12 Jan 2026 00:00:00 Zd50c0a9d-af29-4c8d-ad75-28cc0b6458f6https://gowlingwlg.com/en-fr/insights-resources/client-work/2025/pensions-team-advises-trustee-of-ridsdale-pension-and-death-benefit-trust-inPensions team advised the Trustee of Ridsdale Pension and Death Benefit Trust to secure a £7 million full scheme buy-in with Just Group, protecting 30 members. Includes GMP equalisation, buy-out certainty and missing beneficiary cover, completing by summer 2026.Mon, 22 Dec 2025 00:00:00 Z724be77b-2d57-4130-b924-d598587be06fhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2025/pensions-team-advises-trustees-on-230-million-buy-in-of-final-salary-pension-schemeOur Pensions team advised Peel Ports Trustee on a £230 million PIC buy-in, securing benefits for 2,000 members. Led by Ben Goldby with Suzanne Mortimer and Frances Binns, strengthening pension commitments at one of the UK's largest port operators.Mon, 22 Dec 2025 00:00:00 Zdb9f980a-fdae-44d4-8650-d44ba46d035dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2025/new-commercial-companies-law-amendments-signal-a-new-phase-of-corporate-modernisationWhat do the 2025 changes to the UAE Commercial Companies Law mean for companies, boards and shareholders? In this article, we highlight the key amendments and share our initial observations on their anticipated implementation and impact in the UAE market.Tue, 16 Dec 2025 00:00:00 Z75db571d-4353-4077-9438-fb1bcfedfe63https://gowlingwlg.com/en-FR/insights-resources/articles/2025/exploring-the-future-of-money-in-canadaThe federal government has put legislative text on the table that would create the first national framework aimed squarely at Canadian dollar-backed stablecoins.Mon, 15 Dec 2025 00:00:00 Zb7029cef-57b9-4c4e-82ec-91789ec43e36https://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2025/fsxt-connect-regulatory-pulseExplore how Canada’s regulatory priorities—from open banking and stablecoin legislation to artificial intelligence and beyond—are expected to evolve.Mon, 15 Dec 2025 00:00:00 Zfafed371-0614-4351-87c0-d82003600002https://gowlingwlg.com/en-fr/insights-resources/client-work/2025/capital-markets-team-advises-hamak-strategyOur Capital Markets team advised Hamak Strategy Limited on a £2.5 million Convertible Loan Note (CLN) and At The Market (ATM) facility for up to £30 million. The funds will support Hamak’s gold and bitcoin strategy, enhancing shareholder value.Fri, 05 Dec 2025 00:00:00 Zacbaabe4-0656-4773-a8fd-aca0f4c6dab4https://gowlingwlg.com/en-FR/insights-resources/client-work/2025/pensions-team-advises-trustee-board-in-anticipation-of-the-launch-of-tpt-retirement-solutionsOur Pensions team is advising the Trustee Board on TPT's innovative DB Superfund launch, offering a run-on structure with robust governance and member upside. This landmark initiative provides schemes with a flexible alternative to traditional risk transfer solutions.Thu, 04 Dec 2025 00:00:00 Z7a14f5cf-68ae-4eb6-ab57-457770e51ef1https://gowlingwlg.com/en-FR/insights-resources/articles/2025/quebec-court-of-appeal-clarifies-professional-secrecyIn a significant ruling, the Quebec Court of Appeal confirmed that civil courts may decide professional secrecy issues ex parte when the crime exception is raised. The decision strengthens tools available to fraud victims while providing clearer guidance to courts and practitioners.Mon, 01 Dec 2025 00:00:00 Z6aaf3656-4dd7-40db-bc40-27c348342f6bhttps://gowlingwlg.com/en-fr/insights-resources/articles/2025/solvent-liquidations-check-are-you-really-solventThe Noal case reshapes solvent liquidations, confirming that the initial declaration of solvency and ongoing execution of an MVL requires debts, including contingent and prospective debts and liabilities, plus statutory interest, to be paid within 12 months. Organisations should keep this timing under review.Wed, 26 Nov 2025 00:00:00 Z83ec3348-c9d4-458b-93f9-27ecc95aee70https://gowlingwlg.com/en-fr/insights-resources/client-work/2025/uae-corporate-team-advises-aberdeen-investcorp-infrastructure-partnersOur UAE Corporate team advised Aberdeen Investcorp Infrastructure Partners (AIIP) on acquiring a minority stake in Al Fadhili Housing Complex in the Kingdom of Saudi Arabia (KSA). This first AIIP deal in KSA supports its strategy for sustainable infrastructure investments across GCC and MENA.Thu, 30 Oct 2025 00:00:00 Z45454061-6812-48de-bf44-2749a5f37c40https://gowlingwlg.com/en-FR/insights-resources/articles/2025/general-counsel-as-a-ceos-most-trusted-allyThe CEO-GC relationship is vital for navigating ambiguity and risk. GCs must build trust, understand the business deeply, and advise beyond legal matters. We explore how this dynamic strengthens leadership, decision-making, and governance across the organisation.Wed, 29 Oct 2025 00:00:00 Zfa27054a-5fb9-4b6a-98e5-66bd172ebcf1https://gowlingwlg.com/en-FR/insights-resources/articles/2025/understanding-eccta-what-is-the-reasonable-procedures-defence-and-how-does-it-affect-your-contractsAs of 1 September 2025, large UK companies face criminal liability under ECCTA for failing to prevent fraud by associated persons. Unlimited fines apply unless “reasonable procedures” exist. We explore how contract wording supports compliance, risk assessment, and government guidance.Thu, 09 Oct 2025 00:00:00 Z8257fc4c-38ba-4341-b07e-3e3e2986b58fhttps://gowlingwlg.com/en-FR/insights-resources/articles/2025/can-carney-deliver-canada-financial-services-modernizationCanada's first federal budget under Prime Minister Mark Carney could set the tone for the future of financial services. Will it continue the transformation already underway—or take the country in a new direction?Thu, 18 Sep 2025 00:00:00 Z9cfb9472-9f97-422f-a6cb-da738ebac93ahttps://gowlingwlg.com/en-FR/insights-resources/articles/2025/how-to-strengthen-cyber-resilience-through-supply-chain-contractsCyber risks arising from supply chains are growing, and contracts play a key role in managing them. This article outlines how legal teams can build cyber resilience into supplier agreements and highlight practical steps to help organisations protect themselves and improve supplier oversight.Mon, 15 Sep 2025 00:00:00 Zf19ab432-02c2-47ee-b7ff-b62b7a5a2ea6https://gowlingwlg.com/en-FR/insights-resources/articles/2025/a-new-uk-prospectus-regime-is-on-the-wayThe Financial Conduct Authority has finalised its rules for the new UK Prospectus Regime, effective from 19 January 2026. The changes aim to simplify how companies raise capital, with revised rules for public offers, admissions to trading, and climate-related disclosures. Read our article to see what’s changing and why it matters.Wed, 06 Aug 2025 00:00:00 Z3828eac8-14d4-477d-b95d-cdaf16abd8a7https://gowlingwlg.com/en-FR/insights-resources/client-work/2025/corporate-team-advises-perwyn-on-landmark-investment-in-outcoOur Corporate team has advised Perwyn Advisors UK Limited on its strategic investment in OUTCO, a UK-based outdoor estate management provider. The deal supports OUTCO’s expansion through organic growth and acquisitions. Backed by Perwyn, OUTCO aims to scale its data-led compliance technology and strengthen its market position across the UK.Mon, 04 Aug 2025 00:00:00 Z123d0190-25b8-4228-a82d-4e6d8bcf0f01https://gowlingwlg.com/en-FR/insights-resources/articles/2025/supporting-growth-what-does-the-uks-industrial-strategy-mean-for-financial-servicesThe Financial Services Growth & Competitiveness Strategy, as part of the UK Government's updated Industrial Strategy, outlines a ten-year plan to revitalise financial services, positioning the UK as a global hub for investment and innovation. It focuses on regulatory reform, FinTech, capital markets, global leadership, and talent development.Fri, 18 Jul 2025 00:00:00 Z196a2f89-a864-45d2-9060-772e78e939a5https://gowlingwlg.com/en-fr/insights-resources/articles/2025/unlocking-growth-what-the-uks-industrial-strategy-could-mean-for-tech-businessesThe UK's Industrial Strategy highlights Digital and Technologies as one of eight key growth sectors. Its sector plan proposes long-term investment, skills, and regulatory reforms to boost tech leadership, tackle barriers, and drive digital transformation across other high-potential industries.Wed, 09 Jul 2025 00:00:00 Zd1b5bd2c-268a-47be-8e2a-de4cc0779181https://gowlingwlg.com/en-fr/insights-resources/client-work/2025/capital-markets-team-advised-urban-logistics-reit-plcOur Financial Services and Capital Markets Group advised Urban Logistics REIT plc on its £700 million acquisition by LondonMetric Property plc. The combined group will benefit from further scale with a pro forma market capitalisation of £4.4 billion, making LondonMetric one of the largest UK REITs.Wed, 02 Jul 2025 00:00:00 Z6772063e-eeec-4c49-95d9-5b0ad7395a51https://gowlingwlg.com/en-FR/insights-resources/client-work/2025/corporate-energy-transition-team-advises-strioga-family-foundationOur Corporate Energy Transition team advised Strioga Family Foundation on its first investment into the UK energy market. The transaction involved equity funding of £8.6 million through a subscription of new shares in Glassenbury - funding will be used to increase Glassenbury's battery capacity from 38MWh to 110MWh, an average duration of 2.2 hours, enhancing energy storage performance and resilience.Wed, 02 Jul 2025 00:00:00 Zedeaf4ce-d33e-4a53-847a-ea3d797f06efhttps://gowlingwlg.com/en-FR/insights-resources/articles/2025/asia-how-canadian-businesses-can-plan-for-lasting-successWith a rising middle class, accelerated digital transformation, and ambitious governments fueling innovation, Asia is one of the world’s most exciting economic engines.Fri, 27 Jun 2025 00:00:00 Z6d18fd6a-101b-44be-9b06-e64f75daa79ehttps://gowlingwlg.com/en-FR/insights-resources/client-work/2025/financial-services-capital-markets-team-advises-harmony-energy-income-trustOur Financial Services & Capital Markets team advised HEIT on its £210 million contested takeover by Foresight via a court-sanctioned scheme, following a competitive process. The deal marks a successful outcome for HEIT shareholders and showcases our sector expertise.Fri, 27 Jun 2025 00:00:00 Z46ffd514-b949-464f-885d-10cc2701ca54https://gowlingwlg.com/en-fr/insights-resources/articles/2025/diverging-from-eu-law---hmt-and-fca-plans-to-reform-uk-aifmdHM Treasury and the FCA are proposing major changes to AIFM regulations, aiming to reduce regulatory burdens, while supporting growth and innovation. These reforms mark a shift from EU rules, creating a more flexible framework based on firm size. With the consultation closing on 9 June, now is the time for industry stakeholders to share their views and shape the future of UK fund management.Tue, 27 May 2025 00:00:00 Z3b8c913c-70d0-4118-9b49-4649b5cc6dbchttps://gowlingwlg.com/en-FR/insights-resources/articles/2025/ontario-court-denies-receivership-applicationReceivership application fails when the secured creditor’s conduct raises serious fairness concerns: In Aggregated Investments Inc. v. Pace Group Holding Inc., the court declined to appoint a receiver due to a bona fide defense rooted in bad faith. The decision offers important lessons on creditor conduct, exclusion clauses and enforcement risks involving guarantees.Wed, 21 May 2025 00:00:00 Z6cb88aa9-c9d8-4a80-8135-4f0789384e15https://gowlingwlg.com/en-fr/insights-resources/articles/2025/new-joint-payment-option-for-investment-research-introduced-for-fund-managersThe Financial Conduct Authority has introduced new rules for fund managers to pay for investment research using a joint payment option for research and execution services. We explore what this means for fund managers and what they need to do to take up the joint payment option.Thu, 15 May 2025 00:00:00 Zcb85c10f-4277-43eb-bc49-32a4dfe1515fhttps://gowlingwlg.com/en-fr/insights-resources/client-work/2025/corporate-energy-transition-team-advises-the-founders-of-island-green-powerOur Corporate Energy Transition team has advised Island Green Power on an agreement to sell their remaining combined 50% stake in the business to Macquarie Asset Management.Fri, 02 May 2025 00:00:00 Zaa9e5294-1471-46c0-b79a-d05bce88f44dhttps://gowlingwlg.com/en-fr/insights-resources/articles/2025/motor-finance-face-offThe Supreme Court has heard the appeal of Hopcraft, Johnson & Wrench regarding motor finance commission payments to car dealers, often paid secretly to incentivise certain lenders or finance deals to customers. We look at the potential outcomes of the upcoming judgment.Mon, 28 Apr 2025 00:00:00 Zc5727180-8258-4b20-b8c0-9d1402eed636https://gowlingwlg.com/en-fr/insights-resources/articles/2025/fsxt-what-we-expect-of-a-new-governmentCanada's next government will face big questions about the future of financial regulation. From open banking to crypto, we break down the policy priorities that could shape Canada's competitiveness.Thu, 24 Apr 2025 00:00:00 Z19112902-48d5-485f-83a4-3dfe79bff2d6https://gowlingwlg.com/en-FR/insights-resources/articles/2025/what-tech-leaders-should-watch-for-after-the-canadian-federal-electionWhat tech leaders should watch for as Parliament reconvenes.Thu, 24 Apr 2025 00:00:00 Z6ebc3000-ea52-4a39-962e-b8903a5f94fchttps://gowlingwlg.com/en-FR/insights-resources/articles/2025/uk-fintech-growth-and-fca-supportA new bold strategy set out by the UK Government is aimed at furthering economic growth and reinforcing the UK’s standing as a leader in financial innovation. A key focus of this approach is fostering an environment that supports fintech development and attracts investment in the sector.Tue, 22 Apr 2025 00:00:00 Z7cc374ec-79fb-40b8-a7c3-5976735a6bb5https://gowlingwlg.com/en-fr/insights-resources/client-work/2025/banking-and-finance-team-advises-lender-on-revolving-credit-facility-for-neagOur Banking and Finance team has advised the lender on an innovative €15 million revolving credit facility for NEAG Norddeutsche Energie AG, a Hamburg-based independent power producer.Tue, 15 Apr 2025 00:00:00 Zef063a2d-545d-4e4a-b2c9-46dc5ec21c28https://gowlingwlg.com/en-FR/insights-resources/articles/2025/from-ad-law-to-influencersThis year's INTA Annual Meeting is once again almost upon us. The event is now global benchmark on the IP industry calendar. This year's no different with more than 10,000 delegates set to descend on the San Diego Convention Center, for five days of meetings, presentations and networking.Tue, 08 Apr 2025 00:00:00 Z44524a07-f75e-480b-8cba-842d2b881687https://gowlingwlg.com/en-FR/insights-resources/articles/2025/quantum-computing-legal-issues-the-risks-and-opportunitiesQuantum computing is a fundamental topic to all businesses across the globe. While it may not be present in the average office, it's already in cloud technology and central processing hubs. We take a look at the opportunities and risks of quantum computing.Wed, 02 Apr 2025 00:00:00 Zedcfe9b5-1873-4920-aa6a-7a05055b55a6https://gowlingwlg.com/en-FR/insights-resources/articles/2025/secured-business-lending-first-nation-reservesLending to businesses on First Nation reserves presents distinct legal and practical considerations — particularly when it comes to secured financing. This article outlines the types of security that may be available in these transactions, with an emphasis on how the Indian Act shapes financing structures and enforcement rights.Tue, 01 Apr 2025 00:00:00 Za8a65af1-471d-4a98-a6d2-f18e82dd2b6fhttps://gowlingwlg.com/en-FR/insights-resources/articles/2025/how-canadian-companies-can-unlock-opportunity-in-the-eu-modern-marketAs trade tensions boil over in North America, more and more Canadian businesses are reassessing their international trade and investment strategies.Fri, 28 Mar 2025 00:00:00 Zf84a34aa-b1a3-4acc-92bc-614e508634a4https://gowlingwlg.com/en-FR/insights-resources/articles/2025/changes-to-canada-s-aml-atf-regimeThe federal government has finalized accelerated changes to the AML/ATF regime—including new obligations and an April 1, 2025 start date. Here’s what you need to know.Wed, 26 Mar 2025 00:00:00 Z022d5672-5670-43c1-afe3-0f1700a4d019https://gowlingwlg.com/en-FR/insights-resources/client-work/2025/capital-markets-team-advises-zeus-capital-limitedOur Capital Markets team has advised Zeus Capital Limited on its recommended cash offer for the entire issued and to be issued ordinary share capital of The International Stock Exchange Group Limited.Tue, 25 Mar 2025 00:00:00 Z9d22a668-05dd-435c-99b1-295bcb6c2713https://gowlingwlg.com/en-FR/insights-resources/articles/2025/anti-deprivation-rule-alberta-vs-ontarioWhen insolvency strikes, can contractual provisions limit what creditors can recover? The Court of King’s Bench of Alberta recently examined this question in ATB Financial v. Mayfield Investments Ltd., analyzing whether a forced share sale provision violated the anti-deprivation rule. This article explores the court’s findings and how the rule is applied in Ontario, with a summary of key differences between the Alberta and Ontario approaches.Mon, 17 Mar 2025 00:00:00 Z3b1d55fc-d5a6-46d9-bfcc-9e920a06d69ahttps://gowlingwlg.com/en-FR/insights-resources/articles/2025/court-grants-first-rvoA recent court decision granted the first-ever reverse-vesting order (RVO) in a Canada Business Corporations Act plan of arrangement, further blurring the lines between corporate and insolvency law.Fri, 07 Mar 2025 00:00:00 Z784337bc-0f44-4595-ab6d-ebcd59160225https://gowlingwlg.com/en-fr/insights-resources/articles/2025/no-deregulation-of-commercial-agents-council-directive-regulations-1993-in-the-ukThe current UK Labour government has opted not to make any changes to the Commercial Agents Regulations (CARs) following a consultation commissioned by the previous Conservative government that revealed a "polarisation of views". In this update, we look at the reasons for the consultation and the Department for Business and Trade's (DBT) rationale for leaving the CARs in force without amendment.Wed, 05 Mar 2025 00:00:00 Zf6eab453-9881-4ad1-9ebc-46878423cc53https://gowlingwlg.com/en-FR/insights-resources/videos/2023/arrangements-third-party-creditors/arrangements-with-third-party-creditors-ppsaThe PPSA is a central government electronic registry system where all creditors claiming a security interest in the personal property assets of a debtor must file notice of their claim.Tue, 25 Feb 2025 00:00:00 Z7aa9cf53-8c6f-46f2-b557-1d83b5f8f4c6https://gowlingwlg.com/en-FR/insights-resources/videos/2023/arrangements-third-party-creditors/arrangements-with-third-party-creditors-securityNow we're going to review one course of action to address third-party creditors you encounter in structuring a new senior lender financing for a prospective borrower.Tue, 25 Feb 2025 00:00:00 Z57de847f-4f26-4685-8d3d-7463321f085dhttps://gowlingwlg.com/en-FR/insights-resources/videos/2023/arrangements-third-party-creditors/arrangements-with-third-party-creditors-paymentThere will be instances when you uncover a third-party creditor of your borrower or debtor that does not actually hold a security interest but is owed debt by your debtor.Tue, 25 Feb 2025 00:00:00 Z158a8d0a-f91c-4ff3-8d75-cb0533d25eachttps://gowlingwlg.com/en-FR/insights-resources/videos/2023/arrangements-third-party-creditors/arrangements-with-third-party-creditors-introThis series will focus on how to identify third party creditors of your prospective borrower.Tue, 25 Feb 2025 00:00:00 Z332774f7-acbf-4329-8282-560c97c6ab53https://gowlingwlg.com/en-FR/insights-resources/videos/2023/arrangements-third-party-creditors/arrangements-with-third-party-creditors-lettersIn some cases, you may require a secured party to provide you with either a PPSA estoppel letter or a no interest letter, depending upon the personal property assets you are intending to take security over.Tue, 25 Feb 2025 00:00:00 Zd45f0bfd-6768-432c-aa1f-d6615bf91d25https://gowlingwlg.com/en-FR/insights-resources/videos/2023/arrangements-third-party-creditors/arrangements-with-third-party-creditors-agreementIn many situations, using a subordination agreement will be sufficient. However, there may be complex deals where that won't be enough to address all of the special features of the deal.Tue, 25 Feb 2025 00:00:00 Z280e1150-f071-464f-81e3-fb9bdd7f672bhttps://gowlingwlg.com/en-FR/insights-resources/videos/2023/arrangements-third-party-creditors/arrangements-with-third-party-creditor-acquistionFrequently, borrowers you finance are looking to expand their operations through asset or share purchase transactions involving other businesses. Often they will be looking to you to fund the acquisition.Tue, 25 Feb 2025 00:00:00 Z4f9e2c1e-4fba-4a63-81a2-88096704e0e3https://gowlingwlg.com/en-FR/insights-resources/videos/2023/arrangements-third-party-creditors/arrangements-with-third-party-creditors-standstillIn this video, we focus on two of the most significant clauses typically included in a subordination agreement – the payment and enforcement standstill arrangements.Tue, 25 Feb 2025 00:00:00 Z40a14eae-45b3-4f9d-a7db-baa685e59504https://gowlingwlg.com/en-FR/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-encounter-corporationsCorporations are entities created or incorporated by filing articles of incorporation or articles of amalgamation under federal or provincial statutes.Thu, 20 Feb 2025 00:00:00 Z03e5d87b-1cc0-44fd-9588-e3e4a6b59944https://gowlingwlg.com/en-FR/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-encounter-trustsA trust is a relationship established pursuant to a document known as a trust deed, whereby one person (the settlor) conveys an asset to others (the trustees) to hold and manage that asset on behalf of certain other persons (the beneficiaries).Thu, 20 Feb 2025 00:00:00 Z97f56b0a-72ac-49a6-a50e-1b750c314958https://gowlingwlg.com/en-FR/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-encounter-charities-nfpCharities and not-for-profit entities are another category of borrowers requiring special attention, as each situation can be quite unique.Thu, 20 Feb 2025 00:00:00 Z73fea12f-1a00-49b8-a3e7-aa6c3ed83583https://gowlingwlg.com/en-FR/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-encounter-lim-partnerA limited partnership is structured differently from a general partnership in several ways.Thu, 20 Feb 2025 00:00:00 Zf18aa1a3-bdf0-4263-b278-875a87a6adedhttps://gowlingwlg.com/en-FR/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-may-encounter-introWhat are the most common types of entities bankers may encounter?Thu, 20 Feb 2025 00:00:00 Zc9e21fb1-504e-4d20-997e-275a5376dd04https://gowlingwlg.com/en-FR/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-encounter-governmentalGovernment entities are another group of specialty borrowers presenting unique circumstances for loan arrangements, as they may be structured and managed in a number of different ways.Thu, 20 Feb 2025 00:00:00 Z3626b57c-3a65-4000-b65c-7af76b948e4dhttps://gowlingwlg.com/en-FR/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-encounter-s-proprietorsA sole proprietor is at the opposite end of the spectrum from a corporation. It's the term given to an individual who runs a business in their own personal name or unincorporated business style without using any other vehicle to do so.Thu, 20 Feb 2025 00:00:00 Z540328e8-f1d5-4a8e-8081-0c356d3acc1bhttps://gowlingwlg.com/en-FR/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-encounter-gen-partnerPartnerships can be structured in the form of a general partnership or limited partnership.Thu, 20 Feb 2025 00:00:00 Z74bff0de-a210-4e58-b930-dc130380b122https://gowlingwlg.com/en-fr/insights-resources/client-work/2025/our-financial-services-and-capital-markets-team-has-advised-cavendish-capital-markets-genincodeOur Financial Services and Capital Markets team has advised Cavendish Capital Markets Limited (acting as nominated adviser and joint bookrunner) and Oberon Capital, a trading name of Oberon Investments Limited (acting as joint bookrunner) on a conditional fundraising by AIM-traded GENinCode plc.Mon, 17 Feb 2025 00:00:00 Z6a6d4d37-bc56-4892-a613-29c148b7f391https://gowlingwlg.com/en-FR/insights-resources/videos/2023/types-of-securities/designing-a-solid-security-pack-bank-act-securityBank act security refers to a special set of four security documents that are only available to certain lenders, certain types of borrowers, and to secure certain types of assets.Fri, 14 Feb 2025 00:00:00 Z058e1cb5-5f5c-4886-990d-00063f6aab6dhttps://gowlingwlg.com/en-FR/insights-resources/videos/2023/types-of-securities/designing-solid-security-pack-limited-guaranteesIn this video, we're going to address a topic we often receive questions about from our lender clients: namely, the strategic use of limited recourse guarantees and limited amount guarantees to secure the repayment of loans.Fri, 14 Feb 2025 00:00:00 Z540aeac9-543b-4737-8671-81570e23f175https://gowlingwlg.com/en-FR/insights-resources/videos/2023/types-of-securities/designing-a-solid-security-package-agreementsA security agreement is the document in which the borrower grants to the lender a security interest in the borrower's personal property to secure the repayment and performance of a loan or debt.Fri, 14 Feb 2025 00:00:00 Z0c9ab5bb-9a32-48a1-b679-fad83e1dc713https://gowlingwlg.com/en-FR/insights-resources/videos/2023/types-of-securities/designing-a-solid-security-package-rents-leasesWhen a borrower owns real property that will be subject to a charge/mortgage and that real property is or will be rented to one or more third-party tenants, an assignment of rents and leases is another important security option for lenders to consider.Fri, 14 Feb 2025 00:00:00 Z9a85e957-50bb-4beb-b54a-6dc8fd237229https://gowlingwlg.com/en-FR/insights-resources/videos/2023/types-of-securities/designing-a-solid-security-package-principlesA lender takes security in order to have some recourse to seize and sell the borrower's assets if the borrower defaults in the repayment of a loan, or the performance of its other covenants.Fri, 14 Feb 2025 00:00:00 Z35791636-6982-419b-9a6e-072beead850chttps://gowlingwlg.com/en-FR/insights-resources/videos/2023/types-of-securities/designing-a-solid-security-package-introductionEach video in this series will discuss different security that a lender should consider when putting its security package together.Fri, 14 Feb 2025 00:00:00 Z22cc94b2-1b27-4632-9c69-bfd95b98cdcdhttps://gowlingwlg.com/en-FR/insights-resources/videos/2023/types-of-securities/designing-a-solid-security-package-charge-mortgagA charge/mortgage is likely one of the first things to come to mind when we think about ways to secure a loan.Fri, 14 Feb 2025 00:00:00 Z6cd8e497-1ec6-4d6a-977b-ba0f365df648https://gowlingwlg.com/en-fr/insights-resources/articles/2025/canada-supply-chain-update-no-2Public Safety Canada’s new guidance will shape this year’s compliance reporting under the Supply Chains Act (S-211). Our latest FAQ covers key takeaways and best practices.Tue, 11 Feb 2025 00:00:00 Ze22aa4f6-f024-4ff7-90b9-5ea88cc9d021https://gowlingwlg.com/en-FR/insights-resources/videos/2023/common-real-estate-queries/common-real-estate-queries-lending-constructionLending to a landowner who is undertaking a construction project can be a challenge by virtue of all the moving parts and various players involved.Mon, 10 Feb 2025 00:00:00 Za2cb20bf-e44c-4d2e-8ef8-ba4d19e04e39https://gowlingwlg.com/en-FR/insights-resources/videos/2023/common-real-estate-queries/common-real-estate-queries-real-estate-leasesReviewing a commercial lease involves different considerations and tailored advice to a lender because the lender will be advancing funds for different purposes and needs to have sufficient security in place in the lease to protect its investment.Mon, 10 Feb 2025 00:00:00 Zf9dfe35f-728f-4c57-bfeb-6bb1b1918666https://gowlingwlg.com/en-FR/insights-resources/videos/2023/common-real-estate-queries/common-real-estate-queries-landlord-waiversLandlord waivers are usually sought when a lender is advancing funds to a tenant for the operation of a business at a leased premise or to acquire inventory or equipment that will be located at the leased premise.Mon, 10 Feb 2025 00:00:00 Zebca5e23-b0a9-404d-a605-5eec5ec036edhttps://gowlingwlg.com/en-FR/insights-resources/videos/2023/common-real-estate-queries/common-real-estate-queries-lending-condominiumBefore any loan is committed to a condominium corporation, there are several discussions a lender must have with the corporation before signing an agreement.Mon, 10 Feb 2025 00:00:00 Z97e38713-fb74-4e1d-bff2-c4b02a4b3879https://gowlingwlg.com/en-FR/insights-resources/articles/2024/what-this-weeks-fall-economic-statement-means-for-financial-servicesThis year's Fall Economic Statement (FES 2024) arrived under highly unusual circumstances. its release was further overshadowed by the unexpected resignation of the Minister of Finance on the very morning of its presentation.Wed, 18 Dec 2024 00:00:00 Z5b10ee36-9118-4aa6-b134-b59a5266a7c7https://gowlingwlg.com/en-FR/insights-resources/articles/2024/strengthening-canadas-response-to-financial-crimeThe risk environment for financial crime is constantly evolving, which poses challenges for regulated and unregulated market participants alike.Mon, 16 Dec 2024 00:00:00 Z559fefd0-059e-48e8-a1fe-c47fcd54ad7ehttps://gowlingwlg.com/en-FR/insights-resources/articles/2024/2024-fall-economic-statement-consumer-driven-bankingThis article highlights the new elements of the framework introduced in connection with FES 2024.Mon, 16 Dec 2024 00:00:00 Z730bcc0c-0ca4-4777-a740-55bea94c907bhttps://gowlingwlg.com/en-FR/insights-resources/articles/2024/ottawa-proposes-new-measures-against-money-laundering-and-terrorist-financingThe Government of Canada has released draft amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to enhance the country's Anti-Money Laundering and Anti-Terrorist Financing framework.Thu, 12 Dec 2024 00:00:00 Z2340312f-d02c-46c9-a2d8-254701d91b40https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/investment-funds-team-advises-the-trustees-of-the-britannia-pension-schemeWed, 11 Dec 2024 00:00:00 Z48705adc-fe16-4a16-b29a-31a34fd6be1dhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2024/parallax-energy-closes-acquisition-of-vesta-energy-ltdOn December 4, 2024, Parallax Energy Operating Inc., a wholly owned subsidiary of Parallax Energy, L.P. (collectively "Parallax Energy"), completed the acquisition of Vesta Energy Ltd. The transaction was financed through equity commitments from funds managed by Carnelian Energy Capital Management, L.P., and borrowings from a new reserves-based credit facility provided by a syndicate of lenders.Wed, 04 Dec 2024 00:00:00 Z93efa069-d4d6-4ebf-8066-5431e3203a52https://gowlingwlg.com/en-FR/insights-resources/articles/2024/companies-can-claim-privilege-against-shareholdersThe Commercial Court has ruled that the "Shareholder Rule", which allows shareholders to access privileged company documents, is no longer valid, limiting the shareholders' ability to obtain disclosure of a company's privileged documents. What does this mean for shareholder rights and corporate governance? Our latest insight explores the decision and considers the ramifications.Mon, 02 Dec 2024 00:00:00 Zcc190f9e-4f89-4955-a273-3e7fb7078c00https://gowlingwlg.com/en-FR/insights-resources/podcasts/2024/disputes-in-the-desertJoin Partners Imran Mufti and Peter Anagnostou as they explore the impact of climate change, AI, and enforcement risks in international arbitration.Mon, 02 Dec 2024 00:00:00 Z5f720f2d-7484-485e-a09c-0ac16ed7d931https://gowlingwlg.com/en-fr/insights-resources/articles/2024/court-of-appeal-slams-brakes-on-hidden-commission-payments-in-finance-agreementsTransparency in the fast lane is the new standard in motor agreements as the Court of Appeal delivers a judgment determining its unlawful for motor dealers to receive a commission from motor finance lenders, without first disclosing full details of the commission to customers whilst obtaining their informed consent to such payments. We explore the background and the implications of the Judgment, and how we can support lenders and intermediaries who may suffer from the ramifications.Thu, 28 Nov 2024 00:00:00 Zc09ff95e-26cf-40fd-ac1b-bff4a602ce30https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/investment-funds-team-advises-trustees-of-the-thales-uk-pension-schemeOur Investment Funds and Fund Finance team has advised the Trustees of the Thales UK Pension Scheme in connection with a complex sale of a large portfolio illiquid and liquid fund investments.Fri, 15 Nov 2024 00:00:00 Z93cc03eb-a0c1-4b59-a1aa-2e6e26ca8a56https://gowlingwlg.com/en-FR/insights-resources/guides/2024/lending-and-secured-finance-law-in-canada-2024The tenth edition of The Lending and Secured Finance Review includes contributions from leading practitioners across 15 different countries.Thu, 14 Nov 2024 00:00:00 Z0182d1ba-5927-4905-badb-376ae7cf0498https://gowlingwlg.com/en-FR/insights-resources/articles/2024/financial-services-and-markets-actA case before the High Court has considered the reliance test under section 90A of the UK Financial Services and Markets Act 2000. We look at the outcome and how this has set a high bar for investors claiming loss as a result of misleading information.Tue, 12 Nov 2024 00:00:00 Zfc9162b4-bc08-4d84-97b3-c80bf8ec2e51https://gowlingwlg.com/en-fr/insights-resources/articles/2024/key-points-for-financial-institutions-to-considerAs the Middle East financial services sector grows, what are the alternative routes for firms looking to expand their operations there? We explore some of the options under the Dubai International Financial Centre regulatory framework.Thu, 07 Nov 2024 00:00:00 Z1075329a-6831-4b7d-8c0f-ba90298434d9https://gowlingwlg.com/en-FR/insights-resources/articles/2024/real-estate-tax-changes-in-the-2024-autumn-budgetThe 2024 Autumn Budget introduced several changes to real estate taxation, reflecting the Government’s focus on raising revenue through targeted tax increases. This article discusses the key property tax changes.Tue, 05 Nov 2024 00:00:00 Z43155990-9f31-4254-9eca-362389131f2bhttps://gowlingwlg.com/en-FR/insights-resources/articles/2024/sick-visits-to-conspicuously-ill-employeesIs your team battling an outbreak of insincere sick calls? Workplaces are seeing an increase in employees calling into work sick when they're not actually unwell, leading to a disrupt in productivity. Our latest insight details the effects of these dishonest calls, and the steps employers can take to minimise misleading sick leave.Mon, 04 Nov 2024 00:00:00 Zf7a8870c-9048-4aed-92ac-f8af48cb124chttps://gowlingwlg.com/en-FR/insights-resources/articles/2024/autumn-budget-2024---changes-to-carried-interest-taxationAs part of the Autumn Budget 2024, the Government announced that the capital gains tax rate on carried interest will increase from 28% to 32% from April 2025, as well as launching a new consultation on proposed revisions to the taxation of carried interest. This article examines what the impact of this will be.Fri, 01 Nov 2024 00:00:00 Z87700be4-265c-4008-8c65-0e1630b4f4e6https://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2024/fsxt-connectParna Sabet-Stephenson and Ron Morrow unpack what lies ahead for payment service providers (PSPs). From heightened competition to stringent safeguards,Fri, 01 Nov 2024 00:00:00 Z79d5a2af-dd40-482f-af9f-41b3be3812dahttps://gowlingwlg.com/en-fr/insights-resources/articles/2024/list-it-or-not-bank-of-canada-rpaa-registry-rundownCurious about what the new RPAA registry will reveal? In the coming months, the Bank of Canada will begin publishing lists containing essential details on registered payment service providers, shedding light on who's entering Canada's retail payments landscape, who's been refused and why, and what's needed to meet compliance standards. Here we catalogue the lists you can expect to see and when you can expect to see them.Thu, 31 Oct 2024 00:00:00 Z17c052ea-b53e-4ece-9a0a-bd833578d93fhttps://gowlingwlg.com/en-fr/insights-resources/articles/2024/payment-service-providersWith the clock ticking down to the November 15 deadline for payment service providers (PSPs) to register with the Bank of Canada, Canada’s financial services landscape is on the cusp of a major transformation.Wed, 30 Oct 2024 00:00:00 Z26722c5b-d57f-4ad8-af53-954b004acf74https://gowlingwlg.com/en-FR/insights-resources/articles/2024/supreme-court-of-canada-upholds-approach-to-corporate-attribution-doctrineIn two recent rulings, the Supreme Court of Canada reinforced a flexible approach to the corporate attribution doctrine in bankruptcy cases.Wed, 23 Oct 2024 00:00:00 Z438492fe-8568-4f15-acbb-4e7e20dd6c47https://gowlingwlg.com/en-FR/insights-resources/articles/2024/leslie-byberg-on-the-oscLeslie Byberg, in conversation with Gowling WLG partner Adam Garetson, Byberg detailed how the recently formed Strategic Regulation division she leads is at the forefront of the OSC's drive to deepen stakeholder engagement, streamline the path to capital formation and have an ever-greater influence on the future of Canada's capital markets.Wed, 16 Oct 2024 00:00:00 Z2eed3b5e-8997-4471-8ec8-17d4867ef619https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/atrato-onsite-energy-plc-on-disposalWe have advised clean energy-focused investor Atrato Onsite Energy on the disposal of the whole of its portfolio of solar assets to a joint venture owned by global investment firm, Brookfield, and RAIM Apollo, for £218.7 million.Fri, 04 Oct 2024 00:00:00 Z4815496b-1277-417e-97a3-c8e6342a7d83https://gowlingwlg.com/en-FR/insights-resources/articles/2024/updated-g7-guidance-on-preventing-russian-export-control-and-sanctions-evasionThe G7, in partnership with the Global Export Control Coalition, has released new joint guidance to help industries prevent the diversion of controlled goods and technologies to Russia. This guidance provides Canadian businesses with essential compliance tips, including the Common High Priority List (CHPL), red flag indicators and best practices to mitigate export control and sanctions risks in global trade.Tue, 01 Oct 2024 00:00:00 Z0bdb0123-d605-4dfc-8e5b-8d0b1f2de06fhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2024/uranium-royalty-announces-renewed-atm-equity-programOn August 29, 2024, Uranium Royalty Corp. (NASDAQ: UROY) (TSX: URC) (the "Company") announced that it has renewed its at-the-market equity program ("ATM Program") that allows the Company to distribute up to US$39 million (or the equivalent in Canadian dollars) of common shares (the "Offered Shares") to the public from time to time, through agents, at the Company's discretion.Thu, 29 Aug 2024 00:00:00 Zf86a905a-494e-4a82-b7b0-c1e925795f01https://gowlingwlg.com/en-fr/insights-resources/articles/2024/new-sanctions-evasion-reporting-requirementsEffective August 19, 2024, reporting entities under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act must report transactions suspected to be related to sanctions evasion to the Financial Transactions and Reports Analysis Centre of Canada.Tue, 20 Aug 2024 00:00:00 Z9421c761-df2f-4106-978a-49ecd4c39ef8https://gowlingwlg.com/en-fr/insights-resources/articles/2024/ontario-court-of-appeal-confirms-claims-coverageIn a recent decision, the Ontario Court of Appeal reinforced that “claims-made and reported” coverage demands claims be both made and reported properly. The case of Furtado v Lloyd’s Underwriters examines whether the insured could receive coverage despite failing to promptly report the claims.Fri, 09 Aug 2024 00:00:00 Z5b875842-2e7a-4dd0-8597-cd35b4cf4939https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/firm-capital-mortgage-investment-corporation-completes-22-million-bought-deal-financingOn August 8, 2024, Firm Capital Mortgage Investment Corporation (TSX: FC) announced that it had closed the previously announced bought deal public offering of 1,950,000 common shares at a price of $11.30 per share for gross proceeds of $22,035,000. Following the public offering, the underwriters exercised their over-allotment option in full, resulting in the issue of an additional 292,500 common shares at a price of $11.30 per share. The exercise of the over-allotment option brings the total gross proceeds of the public offering to $25,340,250.Thu, 08 Aug 2024 00:00:00 Zec53ebce-487a-40af-bfab-1642cd1ce3ffhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2024/wipro-infrastructure-engineering-acquires-mailhot-industriesOn August 1, 2024, Wipro Infrastructure Engineering, a leading global hydraulic cylinder manufacturer and a subsidiary of Wipro Enterprises, closed the acquisition of Mailhot Industries, a portfolio company of Novacap.Thu, 01 Aug 2024 00:00:00 Z20c182d8-a3e6-4eb6-80d3-66af34ef4fb5https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/cascadia-equity-partners-ltd-acquires-southwest-doors-and-hardwareOn July 29, 2024, Cascadia Equity Partners Ltd., based in Calgary, Alberta, completed the acquisition of Southwest Doors & Hardware (1995) Ltd., a family-owned group of companies providing a range of installation and fabrication services for windows and doors throughout Southwestern Ontario.Mon, 29 Jul 2024 00:00:00 Z5f20982f-858e-4da7-bb38-e338a34b8840https://gowlingwlg.com/en-FR/insights-resources/guides/2024/country-guide-2024-restructuring-insolvencyExplore Canada's restructuring and insolvency landscape in this Q&A chapter from The Legal 500's Comparative Guide. Authored by Gowling WLG experts, it offers practical insights for navigating corporate restructuring and bankruptcy law.Thu, 18 Jul 2024 00:00:00 Z3d610e2a-bbc5-4b9b-8e34-832aa680f181https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/cooper-equipment-rentals-closes-offering-of-notesOn July 9, 2024, Cooper Equipment Rentals Limited announced that it successfully closed a private placement offering of $250 million aggregate principal amount of 7.45% senior unsecured notes due July 4, 2029. The notes offering was underwritten by a syndicate of underwriters led by RBC Capital Markets and Scotiabank, as joint bookrunners, and also included Wells Fargo Securities Canada, CIBC Capital Markets and BMO Capital Markets, as co-managers.Tue, 09 Jul 2024 00:00:00 Z56a19663-ba30-4384-a814-afdd30ed3ec4https://gowlingwlg.com/en-FR/insights-resources/articles/2024/canada-announces-date-new-criminal-interest-rateAs part of its 2024 budget, the federal government announced its intention to push forward with implementing the proposed changes to the Criminal Code's criminal interest rate provisions. Accordingly, after a period of regulatory review and consultation the federal government has announced that the criminal interest rate changes will come into effect on January 1, 2025.Thu, 04 Jul 2024 00:00:00 Z110170c2-233b-469b-bc1e-e9e5164314b3https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/gestalt-capital-completes-investment-in-cds-foodsOn July 1, 2024, North American private equity firm Gestalt Capital Inc. completed its acquisition of all of the issued and outstanding shares of CDS Foods Inc. ("CDS").Mon, 01 Jul 2024 00:00:00 Z8be02612-ed0e-40e0-814a-361a93da7139https://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2024/crossing-borders-canada-import-portalJoin us for a webinar designed to guide your business through the complexities of entering the Canadian market.Wed, 26 Jun 2024 00:00:00 Z2f66f635-f8cb-47bb-8cb3-1241d5b9d2achttps://gowlingwlg.com/en-FR/insights-resources/reports/2024/sustainability-report-2023Our new Sustainability report 'Let's take a closer look – accepting responsibility', looks at sharing activities and progress across our core ESG programmes, as well as future plans.Wed, 19 Jun 2024 00:00:00 Z546ca110-8b6d-42d1-919d-0f7e130eae34https://gowlingwlg.com/en-fr/insights-resources/articles/2024/giving-notice-of-a-claim-for-breach-of-warrantyThe Court's decision in the case of Project Angel Bidco Ltd (In Administration) v Axis Managing Agency Ltd & Others has highlighted the importance of consistency in the wording used across different parts of an insurance policy or contract. We consider the key takeaways from this case on the drafting of warranty and indemnity insurance policies and related exclusion clauses.Mon, 17 Jun 2024 00:00:00 Z71e0012a-7f37-4e1a-aabc-2ef1f49cbd06https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/alectra-completes-$200-million-private-placementOn June 13, 2024, Alectra Inc. announced that it had closed its private placement offering of C$200 million aggregate principal amount of 4.627% Series 2024-1 senior unsecured debentures due June 13, 2034.Thu, 13 Jun 2024 00:00:00 Zc184af54-395b-48be-81ca-053e22de6ca2https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/nexphase-capital-announces-investmentOn June 6, 2024, NexPhase Capital, LP ("NexPhase") announced that it had made an investment in Insurance Systems Inc. ("ISI"), a provider of enterprise software solutions to the property and casualty insurance industry. NexPhase's investment will help enable ISI's continued growth in its existing markets, position the company for expansion into adjacent markets and facilitate continued product improvements designed to allow for more integrations, faster implementation and enhanced analytics for new and existing customers.Thu, 06 Jun 2024 00:00:00 Zd8ba6059-c471-46c6-8977-42253f6927aahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2024/mcrock-capital-invests-in-prevu3dOn June 4, 2024, McRock Capital announced its investment in Prevu3D, a Montreal-based technology company offering an industry-leading reality capture meshing engine that automatically converts point clouds into high-detailed 3D environments.Tue, 04 Jun 2024 00:00:00 Z9c33f051-fc43-4107-b469-407bc526df83https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/groupe-touchette-acquisitionOn June 4, 2024, Touchette Retail & Commercial, a business unit of Groupe Touchette, the largest Canadian-owned tire distributor, announced a strategic partnership with Pneus Bélisle, a leader in passenger, commercial, civil engineering, industrial, and agricultural tires in Quebec.Tue, 04 Jun 2024 00:00:00 Z1b0bf656-a42a-4446-ab0c-4e9a68e93653https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/novatech-group-acquired-by-garagaOn May 22, 2024, the Gendreau family, Canadian owners of Garaga Inc., a North American pioneer in the manufacture of garage doors, announced the acquisition of Novatech Group Inc. ("Novatech"), a cutting-edge Canadian company specializing in the manufacture of entry doors, doorglass, patio doors and tailor-made insulated glass. The companies have a combined annual turnover exceeding $1 billion and more than 3,000 employees.Wed, 22 May 2024 00:00:00 Ze03f5967-3122-4845-9057-5dde03bd73f8https://gowlingwlg.com/en-FR/insights-resources/articles/2024/a-bad-finfluenceCracking down on 'finfluencers': The FCA brings criminal charges against The Only Way Is Essex and Love Island stars for unlawful financial promotions.Fri, 17 May 2024 00:00:00 Z332e8ab1-1dda-4f68-9aaf-20d17c553b03https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/tri-innovations-acquired-by-north-american-rail-solutions-in-cross-border-dealOn June 20, 2024, North American Rail Solutions, a provider of railroad design, construction, maintenance, and operating services based in Fort Worth, Texas, announced the acquisition of Tri Innovations Consulting Ltd.Fri, 03 May 2024 00:00:00 Z95a493a0-198d-43cf-8992-6cf60072ba19https://gowlingwlg.com/en-FR/insights-resources/articles/2024/the-canadian-mortgage-charter-a-2024-upliftIn the 2023 Fall Economic Statement, the Government of Canada announced the Canadian Mortgage Charter (“Charter”), which requires federally regulated financial institutions (“FRFIs”) to follow certain principles when engaging in mortgage lending.Thu, 18 Apr 2024 00:00:00 Z267ce7be-2994-4fb1-a096-6f90567db18ahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2024/rio2-closes-23-million-offeringOn April 17, 2024, Rio2 Limited ("Rio2" or the "Company") (TSXV: RIO) (OTCQX: RIOFF) (BVL: RIO) announced that it had closed its previously announced private placement, having sold a total of 59,030,000 common shares of the Company at a price of $0.39 per share (the "offering price") for gross proceeds to the Company of $23,021,700.Wed, 17 Apr 2024 00:00:00 Z882ffd4c-d196-4614-a371-8c43aec63977https://gowlingwlg.com/en-fr/insights-resources/articles/2024/budget-2024-financial-services-technologyBuilding upon the Government of Canada's 2023 Fall Economic Statement (FES 2023) released on Nov. 21, 2023, we are looking ahead to Budget 2024, scheduled for April 16, 2024.Fri, 12 Apr 2024 00:00:00 Z1783561e-2061-495b-a24b-51234b060857https://gowlingwlg.com/en-FR/insights-resources/articles/2024/open-banking-framework-budget-2024Ottawa's long-awaited open banking framework is set to be unveiled in next week's federal budget, with the draft legislation expected to follow later this year. As the anticipation builds, major financial institutions and burgeoning fintech companies are eagerly awaiting answers to several crucial questions that will shape the future of the industry.Wed, 10 Apr 2024 00:00:00 Zeaf2205c-670e-4ae3-ada9-cbc552a99a94https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/cib-alexander-first-nation-fnpower-and-concordOn April 10, 2024, Alexander First Nation, First Nation Power Development (FNpower), Concord Green Energy (a subsidiary of Concord Pacific) and the Canada Infrastructure Bank (CIB) reached financial close on the Tilley Solar Project.Wed, 10 Apr 2024 00:00:00 Z8f0c8d18-a856-483c-b76d-ffc42ae6b726https://gowlingwlg.com/en-fr/insights-resources/articles/2024/ontario-budget-2024On March 26, 2024, the Government of Ontario released its 2024 budget: Building a Better Ontario (Ontario Budget 2024).Mon, 08 Apr 2024 12:41:00 Z6d4234db-61be-4060-b436-e2606a5461behttps://gowlingwlg.com/en-FR/insights-resources/articles/2024/insurance-council-of-manitoba-corporate-licensingThe ICM is seeking comments on proposed licensing amendments that include the introduction of corporate licensing fees and signal the future implementation of corporate licensing. The consultation process is open until May 6, 2024.Tue, 02 Apr 2024 00:00:00 Z97beb504-500b-4ed0-99f0-559f243a7563https://gowlingwlg.com/en-fr/insights-resources/articles/2024/trade-secret-tactics-10-strategies-counselTrade secrets play a crucial role in the innovation ecosystem. With the fast pace of innovation often rendering recent technology quickly redundant or even obsolete, relying on patent protection as a sole basis for IP protection may not be appropriate or cost-effective.Tue, 26 Mar 2024 00:00:00 Z751890c2-c997-4f96-9aee-b2c855a11e34https://gowlingwlg.com/en-FR/insights-resources/articles/2024/a-timeline-of-open-banking-in-canadaA timeline of the development of open banking in Canada from 2018 to 2025Fri, 15 Mar 2024 00:00:00 Za297fd1f-a137-4943-a1db-f3ff781c0a52https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/flahmingo-completes-asset-purchase-transactionOn March 12, 2024, Flahmingo Investments Inc., a Calgary-based FinTech company, completed a transaction for the sale of its assets to Credential Qtrade Securities Inc.Tue, 12 Mar 2024 00:00:00 Z70d8f8a7-affb-4450-885e-cc0f7085ec38https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/atha-energy-and-latitude-uranium-complete-mergerOn March 7, 2024, ATHA Energy Corp. (TSXV: SASK) (FRA: X5U) (OTCQB: SASKF) and Latitude Uranium Inc. (CSE: LUR) (OTCQB: LURAF) (FRA: EI1) announced the successful completion of the previously announced arrangement whereby ATHA acquired 100% of the issued and outstanding common shares of Latitude Uranium. Latitude Uranium is now a wholly owned subsidiary of ATHA.Thu, 07 Mar 2024 00:00:00 Z1412cdd6-ac87-40b4-bf51-7c8a6ffab32ahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2024/cib-and-fnbc-announce-loan-productOn March 6, 2024, the Canada Infrastructure Bank (CIB) announced a $100 million loan participation agreement with the First Nations Bank of Canada (FNBC) for enabling infrastructure in First Nations, Métis and Inuit communities.Wed, 06 Mar 2024 00:00:00 Z7051e04a-b1bb-48a1-bfd8-8d3afb21ed29https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/aga-benefit-solutions-welcomes-investment-from-taOn March 5, 2024, AGA Benefit Solutions ("AGA") announced that it had received a significant growth investment from leading global private equity firm TA Associates ("TA"). As part of the transaction, Novacap, a leading North American private equity firm which invested in the business in 2020 out of its inaugural financial services fund, will transition its ownership position. AGA's management team will remain in place and continue to be major shareholders of AGA.Tue, 05 Mar 2024 00:00:00 Z0af285ec-0ce0-443d-9f79-440ef296f32ahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2024/hsc-acquires-majority-ownership-of-encasaOn February 29, 2024, Housing Services Corporation (HSC), Co-operative Housing Federation of Canada (CHF Canada), Co-operative Housing Federation of BC (CHF BC), and BC Non-Profit Housing Association (BCNPHA) completed previously announced changes in their ownership of Encasa Financial Inc. (Encasa) (the "Transaction").Thu, 29 Feb 2024 00:00:00 Zbd457f21-7529-47f8-9d8c-7943b1bbf291https://gowlingwlg.com/en-fr/insights-resources/articles/2024/the-new-digital-services-act-is-hereSince 17 February 2024, all companies providing online services on the single market, in particular marketplaces, have to comply with new obligations under the Digital Services Act (DSA), proportionate to their role, size and audience. Our Tech team provides a practical overview of the DSA, which aims to fight against illegal content and products, online disinformation and protection of internet users, and what you need to know.Tue, 20 Feb 2024 00:00:00 Zcf5c8560-bdbb-473c-8c7e-4381c6e0f2ebhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2024/exro-technologies-closes-bought-deal-financingOn February 16, 2024, Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) ("Exro") announced the closing of its previously announced bought deal private placement offering of subscription receipts for total gross proceeds of approximately $30 million. The offering was made through a syndicate of underwriters co-led by Canaccord Genuity Corp. and Eight Capital.Fri, 16 Feb 2024 00:00:00 Za457ec93-7755-4ba6-8e47-5300dc68ec5ahttps://gowlingwlg.com/en-fr/insights-resources/articles/2024/financial-services-technology-in-canadaAn open banking framework (finally). New requirements for payment service providers. A more inclusive Payments Canada. A tougher approach to fighting financial crime. This year promises to be a turning point for Canada’s financial services sector as it finds new ways to embrace, and regulate, the latest in technology. Here are seven developments our team is watching closely in 2024.Thu, 15 Feb 2024 00:00:00 Zcf449428-302f-4f33-a803-74e8a486b457https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/the-green-guarantee-companyA cross firm team has advised on the launch of the world's first climate-focused guarantee company, the Green Guarantee Company (GGC), which will provide $1 billion in climate finance for developing countries.Mon, 05 Feb 2024 00:00:00 Z5cf55f8a-c5ea-4e3f-b8f2-b39dd41747fbhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2024/egb-capital-acquires-central-valley-glassEffective February 1, 2024, EGB Capital Inc. acquired Bartz Enterprises (Central Valley Glass), the first acquisition in its portfolio.Thu, 01 Feb 2024 00:00:00 Zca8a8849-c18a-4d2d-8289-6b8a98f5f23fhttps://gowlingwlg.com/en-FR/insights-resources/articles/2024/supply-chain-transparency-reporting-begins-canadaThis is the first in a series of monthly articles to focus on S-211, examining its terms, its enforcement, best practices in compliance and reporting, and answering the many questions that arise as businesses and the federal government work to address the risks of forced labour and child labour in their operations and supply chains.Wed, 31 Jan 2024 00:00:00 Z6a2816d0-eac0-4ceb-aea0-951aae8b0dd6https://gowlingwlg.com/en-FR/insights-resources/articles/2024/what-is-the-market-outlook-for-2024-in-germanyGerman 2024 market outlook: our legal experts share key insights and predictions amidst geopolitical uncertainties, plus topics we will be focusing on this year.Tue, 30 Jan 2024 00:00:00 Z69eb7638-09ea-4ce0-a49f-6329b9e31b4dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2024/criminal-interest-rate-overhaulOn Dec. 23, 2023, the federal government released the proposed Criminal Interest Rate Regulations (Regulations) in the Canada Gazette, which have the effect of reducing the criminal interest rate under section 347 of the Criminal Code.Wed, 24 Jan 2024 13:30:00 Z67a83514-d045-4b53-8b10-639a7ffc165chttps://gowlingwlg.com/en-FR/insights-resources/podcasts/2024/funds-for-the-futureIn this episode of our Gowling WLG in the Gulf podcast series, partner Imran Mufti sits down with Dr Shuja Ali, managing director of ICON Investment Consultants, and Ed Brown, who leads our Middle East funds and financial services practice, to discuss recent fund activity in Saudi Arabia and what the future holds for fund and investment activity in the region.Mon, 22 Jan 2024 00:00:00 Z67889ac3-b5a1-46d9-8cc6-e4761cf56200https://gowlingwlg.com/en-FR/insights-resources/client-work/2024/syngroh-capital-advised-on-benzinger-acquisitionWe have advised Syngroh Capital GmbH on the acquisition of a majority stake in Carl Benzinger GmbH from the Jehle family. The Gowling WLG team was led by Dr. Michael Lamsa, co-head of Gowling WLG's German M&A, Private Equity and Venture Capital team.Mon, 22 Jan 2024 00:00:00 Z6d16fa9f-732d-418e-b793-145794f85ddahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2024/red-white-bloom-closes-aleafia-transactionOn January 15, 2024, Red White & Bloom Brands Inc. (CSE: RWB) (OTC: RWBYF) ("RWB") announced that, in connection with the proceedings of Aleafia Health Inc. and certain of its subsidiaries under the Companies' Creditors Arrangement Act, the parties have successfully closed the previously announced sale transaction. Total consideration for the transaction was $31,667,700.Mon, 15 Jan 2024 00:00:00 Zba1f42af-a212-4fe2-9d2e-6f3d012a7aa6https://gowlingwlg.com/en-FR/insights-resources/articles/2024/pensions-in-2024Are you ready for pensions in 2024? After 2023 saw pensions policy become a political hot topic, and a wave of risk transfer transactions changed the focus and pace of the industry, we take a detailed look at the key developments that will dominate trustee, employer and pensions industry agendas in 2024.Wed, 10 Jan 2024 00:00:00 Zd9b5c435-cffd-4c29-b452-b1d64346650chttps://gowlingwlg.com/en-FR/insights-resources/client-work/2024/artrari-one-capital-corp-completes-cpc-ipoOn January 5, 2024, Artrari One Capital Corp. ("Artrari") (TSXV: AOCC.P) successfully completed its initial public offering, raising gross proceeds of $251,100 pursuant to an amended and restated prospectus dated November 10, 2023. An aggregate of 2,511,000 common shares in the capital of Artrari were subscribed for at a price of $0.10 per share. Canaccord Genuity Corp. acted as the agent for the offering.Fri, 05 Jan 2024 00:00:00 Z5aec746c-03a3-403e-859e-b073102c129ahttps://gowlingwlg.com/en-fr/insights-resources/articles/2023/court-of-appeal-of-recoupment-of-overpaymentsFollowing the judgment of Mr Justice Leech, TPO obtained permission to intervene in the proceedings and appealed to the Court of Appeal. We examine section 91 of The Pensions Act 1995 and the Court of Appeal decision.Mon, 18 Dec 2023 13:10:00 Zcbc346d3-1156-4f07-8c6e-88379674379dhttps://gowlingwlg.com/en-fr/insights-resources/client-work/2023/novacap-portfolio-company-gti-group-acquiredOn November 27, 2023, Canada Cartage Corporation, one of Canada's largest transportation and logistics providers, announced it had entered into a definitive agreement to acquire The GTI Group ("GTI"), a portfolio company of private equity firm Novacap.Mon, 27 Nov 2023 00:00:00 Z88b9679d-0909-4b19-92c9-fee57d06bb41https://gowlingwlg.com/en-FR/insights-resources/articles/2023/2023-autumn-statement-pensions-announcementsThe Chancellor's Autumn Statement delivered a number of key proposals relating to pensions and outlined next steps in relation to the Mansion House pension reforms. We outline the key points to note and other significant announcements for those operating in the pensions industry.Wed, 22 Nov 2023 00:00:00 Z650057ca-1462-4ae7-9f18-8104b35a7c9chttps://gowlingwlg.com/en-FR/insights-resources/client-work/2023/gestalt-capital-inc-completes-investmentOn November 14, 2023, North American private equity firm Gestalt Capital Inc. completed its acquisition of all of the issued and outstanding shares of 1772486 Ontario Inc. ("177 ON").Tue, 14 Nov 2023 00:00:00 Z1b19a2a0-7a35-44c4-ad2e-4837f7d97e03https://gowlingwlg.com/en-FR/insights-resources/articles/2023/trade-secrets-non-competes-ndasAs one method of safeguarding trade secrets and shielding them from misappropriation, companies often use non-competes and non-disclosure agreements (NDAs). The problem, however, is that such agreements may not always be legally enforceable, thus falling short of delivering the intended protection.Fri, 10 Nov 2023 13:50:00 Z89f59cbd-1e88-4946-ad4b-297e03b097c2https://gowlingwlg.com/en-FR/insights-resources/articles/2023/tpo-finds-in-favour-of-trustee-in-delay-complaintThe Pensions Ombudsman (TPO) recently published its first determination under the pension transfer regulations. In this article, we explore the legislative background and key takeaways.Fri, 10 Nov 2023 00:00:00 Zea72c16d-864e-402e-8b15-fc27b444e134https://gowlingwlg.com/en-FR/insights-resources/articles/2023/osfi-consultations-guideline-revised-e-21The OSFI launched consultations for two guidelines as part of its increasing focus on non-financial risks. Both draft guidelines will apply to all federally regulated financial institutions (FRFIs). Stay in the know with our latest OSFI update.Wed, 08 Nov 2023 14:44:00 Z721d9d5d-8bf6-44df-8528-4260bbb634a5https://gowlingwlg.com/en-FR/insights-resources/articles/2023/fca-observations-of-market-soundingsWith the FCA releasing 'Market Watch 75', we take a look at their observations of market soundings, and the FCA's advice in relation to minimising risks of insider dealing and unlawful disclosure.Wed, 08 Nov 2023 00:00:00 Z54c97e8b-d784-4a3c-b5e4-cd13408660fahttps://gowlingwlg.com/en-FR/insights-resources/articles/2023/moving-the-dial-in-financial-servicesIn September 2023, the FCA and PRA published their long-awaited consultation papers on D&I for FCA-regulated and PRA-regulated firms, respectively. In this article, we set out the background to the consultations, summarise the key proposals for the FCA and PRA, respectively, and outline next steps for firms.Thu, 02 Nov 2023 14:56:00 Z125e615f-114b-4f92-b32d-39ab093f3648https://gowlingwlg.com/en-FR/insights-resources/articles/2023/a-sigh-of-relief-for-administratorsThe Supreme Court recently overturned the 2021 Divisional Court judgment in R (on the application of Palmer) v Northern Derbyshire Magistrates Court. We explore the ruling and what this means for administrators.Thu, 02 Nov 2023 09:16:00 Z20523b9b-ada7-4630-9f91-31ea9f9612c9https://gowlingwlg.com/en-FR/insights-resources/client-work/2023/imech-acquired-by-timkenOn November 1, 2023, The Timken Company (NYSE: TKR) completed its previously announced acquisition of Engineered Solutions Group (a.k.a. Innovative Mechanical Solutions or iMECH).Wed, 01 Nov 2023 00:00:00 Zcd9de36d-8472-4802-b42d-79130cdd445chttps://gowlingwlg.com/en-fr/insights-resources/articles/2023/new-trade-secrets-directive-in-germanyThe Act relating to safeguarding trade secrets (GeschGehG) entered into force on 26 April 2019 and fundamentally changed the protection of trade secrets in Germany. Find out key details about the Act and its wider impact in our article.Tue, 24 Oct 2023 14:01:00 Z3dec2f70-7b15-4f49-a2ac-005e3e3ef9f0https://gowlingwlg.com/en-FR/insights-resources/articles/2023/final-pcmltfa-regulations-releasedStay ahead of the curve with our breakdown of the recent changes to the PCMLTFA. Discover the scope of these changes, including creating anti-money laundering obligations for the mortgage sector, and expanding obligations for correspondent banking relationships.Mon, 23 Oct 2023 00:00:00 Z4d1bb6d3-6d6e-4b12-b7da-0cfe0efdbe1dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2023/issb-new-sustainability-standards-may-impact-loansHow can lenders prepare for the ISSB's new sustainability standards? Learn about how Guideline B-15 may influence loan agreements as organizations begin integrating sustainability details into financial reporting.Mon, 23 Oct 2023 00:00:00 Z807e6606-10c3-4d87-99df-b438137268cdhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2023/key-advice-provided-to-ahk-designs-on-acquisitionOur corporate restructuring and insolvency practice has led a multidisciplinary team advising e-commerce retailer AHK Designs Ltd (an affiliate of our client Giomani Designs) on its acquisition of the business and assets of Victoria Plum, the UK's largest online bathroom retailer.Thu, 05 Oct 2023 00:00:00 Z1c8d09be-2f82-4170-b2e5-9b260ca6717fhttps://gowlingwlg.com/en-FR/insights-resources/articles/2023/the-fca-issues-final-warning-for-cryptoasset-firmsThe FCA's rules in relation to the financial promotion of qualifying cryptoassets to UK consumers took effect. Sushil Kuner, in our Financial Services Regulatory team, summarises the key elements of the rules, what they mean for businesses and the potential impact.Tue, 03 Oct 2023 00:00:00 Ze47a5b21-353d-4efc-b938-85c7899cc930https://gowlingwlg.com/en-FR/insights-resources/articles/2023/upcoming-changes-impacting-uk-limited-partnershipsAs the Economic Crime and Corporate Transparency Bill reaches its final stages of consideration, we take a look at the upcoming key changes it will bring for UK Limited Partnerships.Tue, 19 Sep 2023 07:45:00 Z1121baff-2039-4156-a2b2-1a3d98aa65d1https://gowlingwlg.com/en-FR/insights-resources/client-work/2023/advising-white-star-capitalThe Investment Funds and Finance teams are proud to have assisted White Star Capital, a global multi-stage technology investment firm that invests in exceptional entrepreneurs building ambitious, international businesses, on the first close of its Structured Growth Capital Fund. This is a new hybrid investment strategy that combines credit and equity capabilities.Mon, 18 Sep 2023 00:00:00 Z61790971-d324-46ad-93ba-af97a9d5f8b5https://gowlingwlg.com/en-fr/insights-resources/articles/2023/ripe-or-rottenCanadian insolvency law currently offers little protection to perishable fruits and vegetable suppliers in the event of an insolvency or bankruptcy of a purchaser of such products.Thu, 14 Sep 2023 00:00:00 Z32dc0515-125e-4dfd-a4a2-39821e57bea9https://gowlingwlg.com/en-FR/insights-resources/articles/2023/amendments-alberta-personal-property-security-actComing into force on June 1, 2024, are amendments to the Alberta Personal Property Security Act (PPSA) and regulations pursuant to the proclamation of the Red Tape Reduction Statutes Amendment Act, 2023, c. 5.Tue, 05 Sep 2023 00:00:00 Z1100d5b2-7e79-4002-8f46-2bf2f74203f3https://gowlingwlg.com/en-fr/insights-resources/articles/2023/marketing-investment-funds-into-the-uaeThe UAE Security and Commodities Authority once again updated its investment funds regime with the release of a number of new SCA regulations. We explore the developments over the last 10 years that have impacted the marketing of foreign investment funds into the UAE.Fri, 25 Aug 2023 00:00:00 Z6cc91fb1-837c-4b07-ad1d-206564605818https://gowlingwlg.com/en-fr/insights-resources/articles/2023/osfi-launches-consultation-on-cryptoasset-exposureOn July 26, 2023, the Office of the Superintendent of Financial Institutions (OSFI) launched a consultation by releasing two draft guidelines on the regulatory capital treatment of crypto-asset exposures: one draft guideline for federally regulated deposit-taking institutions, and another draft guideline for federally regulated insurance companies.Mon, 14 Aug 2023 00:00:00 Z5bdbdf1b-1848-482f-a343-90c584ac7536https://gowlingwlg.com/en-FR/insights-resources/client-work/2023/dentalook-acquires-woodbridge-dental-practiceOn August 14, 2023, North American Private Equity firm Newlook Capital Inc. ("Newlook") closed a transaction in which its main dental acquisition vehicle and management company, Dentalook Inc., completed an investment in a dental practice located in Woodbridge, Ontario.Mon, 14 Aug 2023 00:00:00 Z47733803-cfdd-4045-b680-2c2d804a18fbhttps://gowlingwlg.com/en-FR/insights-resources/articles/2023/the-new-consumer-dutyWe summarise the key aspects of the Financial Conduct Authority's flagship Consumer Duty, and its implications for credit brokers who often have a significant role in the distribution chain.Tue, 18 Jul 2023 00:00:00 Z9b2909e7-e597-483c-b320-7318d81f9fd5https://gowlingwlg.com/en-FR/insights-resources/client-work/2023/orennia-raises-us25-million-in-series-b-financingOn July 11, 2023, Orennia Inc. announced the completion of its Series B financing, raising US$25 million to accelerate the growth of its best-in-class data and analytics platform.Tue, 11 Jul 2023 00:00:00 Zfe4035e4-4823-4243-b5bc-9c6a020c3b6dhttps://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2023/navigating-lending-transactionsRecent changes in law, interest rates and banking conditions are impacting loans with a cross border component.Mon, 10 Jul 2023 00:00:00 Z0463b38d-d9c1-465a-9bbb-14b452fbf604https://gowlingwlg.com/en-fr/insights-resources/client-work/2023/production-lareault-acquisitionIn July 2023, Antoine Casimir and Andrea Borodenko acquired Production Lareault Inc. from founders Luc and Lyne Lareault. The Fonds de solidarité FTQ, Desjardins Group and FCC provided financing in connection with this transaction.Sat, 01 Jul 2023 00:00:00 Zccf0d2ee-6baa-466c-94f2-c51a77bdcf24https://gowlingwlg.com/en-FR/insights-resources/client-work/2023/eyedeology-acquires-mayfair-eye-careEffective June 30, 2023, Eyedeology, an optometry practice located in Calgary, Alberta, acquired Mayfair Eye Care, also in Calgary. Mayfair's new clinic name will be Eyedeology.Fri, 30 Jun 2023 00:00:00 Z1e5358d9-3270-474b-ba30-e22caa0e49cbhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2023/ironwood-and-vectivbio-announce-completionOn June 29, 2023, Ironwood Pharmaceuticals, Inc. ("Ironwood") (Nasdaq: IRWD) and VectivBio Holding AG ("VectivBio") (Nasdaq: VECT) announced the successful completion of Ironwood's tender offer to purchase the outstanding ordinary shares of VectivBio for $17.00 per share in cash.Thu, 29 Jun 2023 00:00:00 Ze499087a-5ec9-4f72-aacc-8b73caf15f4dhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2023/mdk-acquisition-inc-completes-cpc-ipoOn June 28, 2023, MDK Acquisition Inc. (TSXV: MDK), a capital pool company, announced that it had completed its initial public offering.Wed, 28 Jun 2023 00:00:00 Z57bfe15e-70bc-4efc-aa8b-eda7bac739cchttps://gowlingwlg.com/en-FR/insights-resources/client-work/2023/1663439-alberta-ltd-sells-50-ownership-stakeOn June 23, 2023, 1663439 Alberta Ltd. sold its 50% ownership stake in Cougar Contractors Ltd. and 2126178 Alberta Ltd. to Almeida Investment Management Inc. of Calgary, Alberta.Fri, 23 Jun 2023 00:00:00 Z53c01557-647f-4ca5-aa7d-748d04fe577dhttps://gowlingwlg.com/en-fr/insights-resources/client-work/2023/cnj-capital-investments-inc-completes-cpc-ipoOn June 21, 2023, CNJ Capital Investments Inc. (TSXV: CNJ) completed its initial public offering of 3,000,000 common shares in its capital for gross proceeds of $300,000. Haywood Securities Inc. acted as agent for the offering.Wed, 21 Jun 2023 00:00:00 Z1b452a85-04ec-4c4d-af32-71751f4e7d86https://gowlingwlg.com/en-FR/insights-resources/client-work/2023/structurlam-mass-timber-acquired-by-mercerOn June 15, 2023, global forest products company Mercer International Inc. ("Mercer") (Nasdaq: MERC) completed the previously-announced acquisition of substantially all of the assets of Structurlam Mass Timber Corporation and its US and Canadian affiliates (collectively, "Structurlam"), a leading North American provider of mass timber solutions for construction and industrial markets in Canada and the US.Thu, 15 Jun 2023 00:00:00 Z41afeac9-f3ff-4739-9229-a9fcb13f95bahttps://gowlingwlg.com/en-fr/insights-resources/articles/2023/why-do-your-esg-credentials-matter-to-investorsIn this article, we explore the key reasons why your ESG credentials matter more now to investors than ever before. We delve into how ESG factors have, over time, become a driving force for investor activity, and what this means for your business now and in the future.Tue, 06 Jun 2023 00:00:00 Z7e2b17c4-d76c-4b10-90f8-e09a09b6fbb3https://gowlingwlg.com/en-FR/insights-resources/client-work/2023/pandell-technologies-acquired-by-esgOn June 1, 2023, Pandell Technologies Inc. ("Pandell") completed the sale of all of its issued and outstanding shares to ESG, a global leader in energy SaaS solutions. In connection with the transaction, Pandell also completed a pre-closing reorganization that included the conversion from a corporation to an unlimited liability company.Thu, 01 Jun 2023 00:00:00 Z3930b06b-1dcc-49d9-8cb8-cafe3106f66ehttps://gowlingwlg.com/en-FR/insights-resources/guides/2023/data-unlocked-how-data-sharing-can-unlock-valueOur Data Unlocked series sets out what businesses need to know about data, legal structures, ethics and standards, integration and architecture in order to share data safely and successfully.Wed, 31 May 2023 00:00:00 Zeb0b3aa9-86b2-438a-9542-ba1148f5cfb2https://gowlingwlg.com/en-fr/insights-resources/client-work/2023/sierra-metals-completes-refinancing-agreementOn May 30, 2023, Sierra Metals Inc. ("Sierra Metals" or "the Company" finalized an agreement with Banco de Credito del Peru and Banco Santander S.A. to refinance $18.75 million out of the $25.00 million principal debt repayment obligations that were originally due in 2023 under Sierra Metals’ senior secured credit facility.Tue, 30 May 2023 00:00:00 Z190e4dcc-e270-4573-be9a-32a6db2a2ba6https://gowlingwlg.com/en-fr/insights-resources/articles/2023/reflection-on-five-years-of-the-gdprTo mark the five year anniversary of the General Data Protection Regulation (GDPR) on 25 May 2023, we reflect on whether perception and reality has changed since its implementation in 2018.Thu, 25 May 2023 00:00:00 Z7978537f-95bc-46c9-b031-1df171b19277https://gowlingwlg.com/en-FR/insights-resources/client-work/2023/clarion-completes-investment-in-ready-creditOn May 25, 2023, Clarion Capital Partners, LLC ("Clarion") completed an investment in Ready Credit Corporation, including its subsidiary, Reverse ATM, LLC.Thu, 25 May 2023 00:00:00 Zb1cb96e1-792b-4439-ab2a-6e46ec12ef04https://gowlingwlg.com/en-fr/insights-resources/articles/2023/personal-data-in-litigationIn this article we explore the important role that personal data plays in litigation through the Data Protection Act's the 'legal proceedings' exemption.Tue, 23 May 2023 00:00:00 Z35bd8db4-6e54-42db-ae3a-c5cb6042a236https://gowlingwlg.com/en-FR/insights-resources/articles/2023/future-regulation-of-buy-now-pay-laterOur Financial Services Regulation team explores the future of Buy Now Pay Later and what this means for businesses.Fri, 05 May 2023 12:30:00 Z09626811-df82-4736-ae43-3555bd2a1847https://gowlingwlg.com/en-FR/insights-resources/articles/2023/distressed-retail-assets-opportunitiesWhat should businesses bear in mind when considering an opportunity to acquire the business or assets of failing and insolvent retailers in the UK? Our Restructuring & Insolvency team shares their top practical steps.Tue, 18 Apr 2023 07:47:00 Z2f59e1e5-15a7-4d66-aac6-b8e66175e0fehttps://gowlingwlg.com/en-FR/insights-resources/client-work/2023/investment-funds-team-advises-onward-opportunitiesOur Investment Funds team has advised newly formed investment company Onward Opportunities Limited on its admission to trading on AIM, a sub-market of the London Stock Exchange.Mon, 17 Apr 2023 00:00:00 Z0a917057-e8de-4232-a561-b413d3b50defhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2023/cib-invests-with-noventa-to-decarbonize-buildingsOn April 17, 2023, the Canada Infrastructure Bank (CIB) announced that it had reached financial close with Noventa Energy Partners (Noventa) on an investment towards sustainable retrofit projects.Mon, 17 Apr 2023 00:00:00 Zfccf93d6-6d47-4203-9d87-c913ac8528ddhttps://gowlingwlg.com/en-FR/insights-resources/articles/2023/new-target-board-takeover-code-requirementsIn this insight, we discuss the Takeover Panel's recently published amendments to the City Code on Takeovers and Mergers relating to cases of alternative offers.Wed, 12 Apr 2023 15:01:00 Za2a6a3b1-3587-41f9-aae6-2460fb861cc4https://gowlingwlg.com/en-FR/insights-resources/articles/2023/directors-officers-liabilityClaims against directors and officers (D&O claims) are on the rise, both domestically and across the globe. Directors and officers, and others in key management roles within public and private companies, are increasingly becoming targets for civil litigation, government investigations and enforcement actions.Tue, 11 Apr 2023 00:00:00 Zc49ca072-7f1a-4f5a-81ed-054d967345e0https://gowlingwlg.com/en-FR/insights-resources/client-work/2023/aquateck-west-acquired-by-delta-irrigationOn April 3, 2023, Delta Irrigation Products Ltd., an irrigation equipment supplier headquartered in Kamloops, British Columbia, completed its acquisition of Aquateck West Ltd., a wholesale distributor and consultant for pumps and water systems, headquartered in Edmonton, Alberta.Mon, 03 Apr 2023 00:00:00 Z97307a64-bffc-460a-ac44-eb1b386643f4https://gowlingwlg.com/en-FR/insights-resources/client-work/2023/cib-commits-277-million-towards-varennes-facilityOn March 27, 2023, the Canada Infrastructure Bank (CIB) announced that it had concluded the financing for a biorefinery and Canada's largest electrolyzer known as the Varennes Carbon Recycling facility. This is CIB's first project from its low-carbon fuels, carbon capture utilization storage and hydrogen initiative.Mon, 27 Mar 2023 00:00:00 Z50ad0bec-5341-492d-8882-6ab0a89a4b6ahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2023/s-marar-acquires-calgary-accounting-firmOn February 24, 2023, S Marar Professional Corporation, a tax preparation firm in Calgary, Alberta, acquired the assets of accounting firm DW Robart Professional Corporation, also based in Calgary.Fri, 24 Feb 2023 00:00:00 Zc8460c03-3ae6-4131-aac8-820fe1937c1bhttps://gowlingwlg.com/en-FR/insights-resources/videos/2022/influencers-in-torontoIn this series, you will meet a number of practitioners in our Toronto office who have helped their clients overcome a variety of complex legal obstacles.Thu, 09 Feb 2023 18:59:00 Za36c579b-7f0e-4355-8be1-848e4bdf68c4https://gowlingwlg.com/en-FR/insights-resources/articles/2023/impacts-of-the-ico-s-three-year-plan2023 will see some changes and improvements to the Information Commissioner's Office three-year strategic plan. In this insight, we set out some of the key changes to note.Tue, 07 Feb 2023 16:12:00 Z3c9d2332-3d71-4c34-8766-32546b3e64behttps://gowlingwlg.com/en-FR/insights-resources/articles/2023/phased-approach-to-regulation-of-cryptoassetsOn 1 February 2023, HMT announced its proposals for the future financial services regulatory regime for cryptoassets. In this insight, Sushil Kuner explores key aspects of the proposals and sets out next steps.Thu, 02 Feb 2023 00:00:00 Zf3ec5bc4-6931-4877-bfb9-9babbdaeef7ahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2023/brookside-capital-invests-in-formula-solutionsOn January 31, 2023, Brookside Capital Partners ("Brookside") announced that it had acquired minority ownership in Formula Solutions Inc. ("FSI").Tue, 31 Jan 2023 00:00:00 Z0d6cd5b7-4bb6-4c0b-982f-fa7ac64e788ehttps://gowlingwlg.com/en-FR/insights-resources/reports/2023/the-big-picture-for-business-2023Our Big Picture For Business 2023 looks at five macro trends shaping the economic outlook, the global growth map and a 'playbook for uncertainty' for businesses to thrive in the year ahead.Fri, 06 Jan 2023 00:00:00 Zcace8b7c-06b8-4456-b8be-24d8baa62077https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/franchise-global-health-acquired-by-flora-growthOn December 23, 2022, Flora Growth Corp. (NASDAQ: FLGC) ("Flora"), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, closed the previously disclosed acquisition of all of the issued and outstanding shares of Franchise Global Health Inc. (TSXV: FGH) ("FGH"), a multi-national operator in the medical cannabis and pharmaceutical industry, with principal operations in Germany.Fri, 23 Dec 2022 00:00:00 Zf144d999-ac4c-4fe6-9358-c424b47421echttps://gowlingwlg.com/en-FR/insights-resources/client-work/2022/foresight-sustainable-vcm-designationThe Investment Funds team at Gowling WLG has advised Foresight Sustainable Forestry Company Plc (FSF), a London-listed investment trust that invests in UK forestry and afforestation assets, in becoming the first issuer to receive the London Stock Exchange's new Voluntary Carbon Market (VCM) designation.Thu, 22 Dec 2022 13:35:00 Z6eef3480-7f39-4a39-b950-e4f1c0f5e736https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/peloton-capital-invests-in-billyard-insuranceOn December 21, 2022, Canadian private equity firm Peloton Capital Management completed an investment in the Billyard Insurance Group portfolio of companies ("BIG") by way of a share purchase transaction.Wed, 21 Dec 2022 00:00:00 Zcd7b276b-1d0d-4a44-a2c8-0752318db0e0https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/auka-capital-corp-completes-cpc-ipoOn December 13, 2022, Auka Capital Corp. (Auka) (TSXV: AUK.P) successfully completed its initial public offering, raising gross proceeds of $750,000 pursuant to a prospectus dated September 15, 2022.Tue, 13 Dec 2022 00:00:00 Z7c5961b7-2250-4a34-a246-7a49cffe0b7fhttps://gowlingwlg.com/en-FR/insights-resources/articles/2022/credible-net-zero-commitments-and-esg-disclosuresNet zero. It's a term that gets bandied about as businesses, municipalities and countries make commitments to cut greenhouse gas emissions to as close to zero as possible.Mon, 05 Dec 2022 00:00:00 Zd01feb66-2500-480e-acb3-25f676d68764https://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2022/the-impact-of-cost-and-interest-rate-increasesA panel of industry professionals discuss the effect that cost and interest rate increases have had on the Canadian real estate development industry.Wed, 30 Nov 2022 21:26:00 Z1826dd01-a019-4f81-8128-dc3b326919echttps://gowlingwlg.com/en-FR/insights-resources/articles/2022/bill-c-228-problem-defined-benefit-pension-planCanadian insolvency statutes accord super priority to certain liabilities in insolvency proceedings, bumping them above the interests of secured creditors. Pension entitlements and benefits do not enjoy this super priority. Bill C-228 attempts to change this.Wed, 30 Nov 2022 00:00:00 Ze2e6fc5b-5ee2-42b2-af62-2439d4508a60https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/estancia-capital-completes-strategic-investmentOn November 29, 2022, private equity firm Estancia Capital Partners announced that it had completed a significant investment in InvestorCOM, a leading provider of software and tech-enabled compliance solutions to the asset and wealth management industry.Tue, 29 Nov 2022 00:00:00 Z092f364c-9549-49c0-9e66-25f3e51e05a2https://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2022/financing-strategies-for-growthOur speakers unpack the opportunities and limitations associated with different financing strategies, and provide practical tips to help you determine the optimal path forward for your organization.Tue, 22 Nov 2022 00:00:00 Z13c97f00-049c-49bb-857a-91757ad8e1a3https://gowlingwlg.com/en-FR/insights-resources/articles/2022/businesses-need-clarification-on-metaverseThis article discusses why enthusiasm for the metaverse is mixed across the world and what needs to be done to encourage more hesitant countries to harness its potential.Mon, 14 Nov 2022 00:00:00 Z8ede791f-642f-4e07-93ff-88b152f50566https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/folio-instruments-inc-acquired-by-ats-scientificOn November 8, 2022, ATS Scientific Inc. (ATS), one of Canada's largest independent providers of scientific equipment and service, announced that it had acquired Folio Instruments Inc. (Folio), one of Canada's leading suppliers of scientific instruments.Tue, 08 Nov 2022 00:00:00 Za07e43d9-5dad-4f4a-bba2-7d767f679b0fhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2022/blackstone-completes-us1-5-billion-offeringOn November 3, 2022, Blackstone Inc. (NYSE: BX) announced that it had completed its previously announced offering of US$600 million of 5.900% senior notes due 2027 and US$900 million of 6.200% senior notes due 2033 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary.Thu, 03 Nov 2022 00:00:00 Z082b5c6d-4d01-4ba0-b98d-dcbfb4bc5314https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/nunasi-corporation-sells-interest-in-larga-kivalliOn October 25, 2022, Nunasi Corporation sold its shares in Larga Kivalliq Ltd. to Sakku Investments Corporation for $535,000.Tue, 25 Oct 2022 00:00:00 Zfe51db35-33fe-4b27-8c7c-49a9dca71d03https://gowlingwlg.com/en-FR/insights-resources/articles/2022/creditor-duty-faqs-what-directors-need-to-knowFollowing the Supreme Court's decision in BTI vs Sequana SA & others, we answer the FAQs on duties owed to creditors by directors of distressed companies and discuss what the outcome means for creditors and businesses facing insolvency.Wed, 19 Oct 2022 10:30:00 Z78dca8ff-abbb-45e4-ac76-3d52c0e6b7dbhttps://gowlingwlg.com/en-FR/insights-resources/reports/2022/tomorrow-s-world-a-snapshotWe explore how Gen Z is driving organisational change from an ESG perspective.Fri, 14 Oct 2022 08:28:00 Z430bd747-402f-41f3-b527-aba48e17baadhttps://gowlingwlg.com/en-FR/insights-resources/articles/2022/how-generation-z-is-driving-changeESG trends, and organisational responses to it, are increasingly being shaped by shifting societal attitudes including a lack of consumer trust. Most importantly, this shift in attitude is being driven by young people, or 'Gen Z'. In this article, we outline some key actions for businesses to consider as Gen Z both enters the workforce and becomes our largest group of consumers.Tue, 04 Oct 2022 00:00:00 Z2c9a4b20-168e-4354-8a7a-f9c7aa9ebffbhttps://gowlingwlg.com/en-FR/insights-resources/reports/2022/taking-aimLitigation can impact everything in your business, from finances to long-term success. Our new report brings you findings from a landmark study of disputes involving AIM and Standard listed companies to help you manage potential disputes.Wed, 21 Sep 2022 07:56:00 Zf1a0a3bf-dd06-489d-b775-9baf93149763https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/exro-technologies-closes-9-8-million-financingOn September 1, 2022, Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) ("Exro"), a leading clean technology company that has developed industry disruptive next generation power electronics that expands the capabilities of electric motors and batteries, announced that it had closed its previously announced brokered public offering. Pursuant to the offering, Exro sold 7,920,000 units for aggregate gross proceeds of $8,316,000.Tue, 20 Sep 2022 00:00:00 Ze03ec264-8e01-4367-988a-91e560adba43https://gowlingwlg.com/en-FR/insights-resources/articles/2022/court-exercises-discretion-on-funder-s-costsIn a recent decision, the Commercial Court ruled that where a Claimant had multiple commercial litigation funders, one alone should be jointly and severally liable with the Claimant for the costs of the proceedings, irrespective of other litigation funders' involvement. Find out more about the decision in our article.Thu, 18 Aug 2022 00:00:00 Z0ed34bbd-61ef-4f95-8556-597e49ebbb92https://gowlingwlg.com/en-FR/insights-resources/articles/2022/what-is-the-fca-s-new-consumer-dutyPublished in July 2022, the Financial Conduct Authority's new Consumer Duty sets higher and clearer standards of care that firms must provide to retail customers. Here, we provide an overview of the key new requirements - and practical considerations - for boards and senior managers implementing the new rules.Thu, 11 Aug 2022 09:00:00 Z9e17ee11-ca5b-4bb0-bcca-2abe9a640337https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/dentalook-management-acquires-toronto-clinicOn August 8, 2022, North American private equity firm Newlook Capital Inc. ("Newlook") closed a transaction in which its main dental acquisition vehicle and management company, Dentalook Inc., completed an investment in a dental practice located in Toronto, Ontario.Mon, 08 Aug 2022 00:00:00 Z6e71c605-5fb4-485f-95d2-e0b6d848d22ahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2022/flahmingo-completes-private-placementOn August 3, 2022, Flahmingo Investments Inc., a Calgary-based FinTech company, completed a private placement offering of approximately $1.1 million and converted its SAFE notes into preferred shares.Wed, 03 Aug 2022 00:00:00 Z070458c6-7e88-43e3-9b84-f6f693849a0bhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2022/ronin-equity-partners-acquires-dk2-and-two-firmsOn July 11, 2022, private equity firm Ronin Equity Partners announced the creation, through three simultaneous acquisitions, of the leading North American diversified manufacturer of small- to medium-scale outdoor power equipment and utility trailers.Mon, 11 Jul 2022 00:00:00 Z15547185-464c-461c-92f9-8bd25f688083https://gowlingwlg.com/en-FR/insights-resources/videos/2022/influencers-in-toronto-parna-sabet-stephensonWidely recognized for her experience in all aspects of outsourcing, technology law, and e-commerce, she also advises on the legal implications of emerging technologies, including blockchain and the Internet of Things.Fri, 08 Jul 2022 16:19:00 Za9316116-5c14-4add-abbd-d3f93e490826https://gowlingwlg.com/en-FR/insights-resources/articles/2022/when-your-guarantor-is-outside-canadaGuarantees can be challenging enough when the party granting the guarantee is located in Canada, where legal remedies are accessible. It becomes more challenging when the guarantor is located outside Canada.Thu, 07 Jul 2022 12:17:00 Z7bc464ee-550b-484d-a470-7c6f830e2e17https://gowlingwlg.com/en-FR/insights-resources/articles/2022/scope-of-regulation-for-buy-now-pay-laterIn February 2021, Her Majesty's Treasury (HMT) announced its intention to regulate interest-free Buy Now Pay Later (BNPL) credit products. The consultation period for HMT's Consultation Paper on the Regulation of BNPL closed on 6 January 2022 and in June 2022, HMT published its Response to the Consultation. In this Insight, Sushil Kuner from our Financial Services Regulatory team, summarises the key responses on the scope of regulation and highlights the Government's next steps.Tue, 05 Jul 2022 08:07:00 Zc058e096-c0d9-4485-a67e-c6c70966e7fbhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2022/bonduelle-sells-65-of-bonduelle-americasOn June 30, 2022, the Bonduelle Group ("Bonduelle") announced that it had obtained the approval from US and Canadian regulatory authorities and the waiver of conditions precedent allowing it to finalize an agreement with Fonds de solidarité FTQ and Caisse de dépôt et placement du Québec ("CDPQ"), selling 65% of Bonduelle Americas Long Life ("BALL"), with an enterprise value of C$850 million (approximately €625 million), to these investors.Thu, 30 Jun 2022 00:00:00 Z33f52b52-160c-479b-977f-2f3579fc641dhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2022/glia-acquires-finn-aiOn June 23, 2022, Glia, the leading provider of digital customer service, announced that it had acquired Finn AI, the premier AI-powered chatbot platform for banks and credit unions. The deal aims to mainstream virtual assistants for financial services companies by making Finn AI's proven conversational AI solutions an integral part of Glia's industry-leading Digital Customer Service (DCS) platform.Thu, 23 Jun 2022 00:00:00 Z56c24caa-41b9-41d9-914c-462120a5a4b0https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/republix-acquires-noodle-waveOn June 21, 2022, digital marketing agency Noodle Wave Media announced that it had been acquired by Republix Platform Technologies Inc., a network of independent agencies, each with a proven track record in their respective disciplines.Tue, 21 Jun 2022 00:00:00 Zeb1bd2bb-bc3e-479c-a87f-95efb45b559bhttps://gowlingwlg.com/en-FR/insights-resources/articles/2022/canada-s-critical-infrastructure-cybersecurity-lawJune 14, 2022 marked a watershed moment in Canadian data protection history: the first reading of a federal cyber security law of general application aimed at protecting critical infrastructure.Mon, 20 Jun 2022 00:00:00 Z487faf3f-2468-4a64-ab2c-7b490d2d73cbhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2022/spitfyre-capital-inc-completes-cpc-ipoOn June 17, 2022, Spitfyre Capital Inc. (TSXV: FYRE) announced that it had successfully completed its initial public offering of common shares for gross proceeds of $250,000.Fri, 17 Jun 2022 00:00:00 Zadce723a-f684-4964-b34f-734a5aeb903bhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2022/dentalook-acquires-toronto-dental-clinicOn June 15, 2022, North American private equity firm Newlook Capital Inc. ("Newlook") closed a transaction in which its main dental acquisition vehicle and management company, Dentalook Inc., completed an investment in a dental practice located in Toronto, Ontario.Wed, 15 Jun 2022 00:00:00 Z558d9bfa-8ebc-4be2-a5c6-3931b4958afdhttps://gowlingwlg.com/en-FR/insights-resources/videos/2022/influencers-in-toronto-spotlight-on-faithe-holderFaithe Holder discusses how mentorship plays a big role in her legal career and what the impact of having – and being – a mentor has had on her own practice.Thu, 09 Jun 2022 00:00:00 Z8c0685ef-75ce-4206-bdc5-da459b374b9ehttps://gowlingwlg.com/en-FR/insights-resources/client-work/2022/carbontech-capital-corp-completes-cpc-ipoOn June 9, 2022, CarbonTech Capital Corp. (TSXV: CT.P) announced that it had completed its initial public offering of 5,000,000 common shares by way of a prospectus for gross proceeds of $500,000.Thu, 09 Jun 2022 00:00:00 Z19d0dc29-f5c3-43f4-817c-2f2b3c5bb1cbhttps://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2022/practical-legal-essentials-fix-forbear-or-exitBankers must frequently contend with events of default, reservations of rights, waivers, forbearances and restructurings with a mind to not aggravating the borrower's troubled situation.Fri, 03 Jun 2022 00:00:00 Z53fbd4f6-2bf7-4aee-9e0e-2dc6cc0d8a76https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/blackstone-completes-12-year-senior-notes-offeringOn June 1, 2022, Blackstone Inc. (NYSE: BX) announced that it had completed its previously announced offering of €500,000,000 of 3.500% senior notes due 2034 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary.Wed, 01 Jun 2022 00:00:00 Z9899b896-1abd-4356-b8a8-223b0fbb661fhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2022/dentalook-acquires-barrie-dental-clinicOn May 31, 2022, North American private equity firm Newlook Capital Inc. ("Newlook") closed a transaction in which its main dental acquisition vehicle and management company, Dentalook Inc., completed an investment in a dental practice located in Barrie, Ontario.Tue, 31 May 2022 00:00:00 Z3d69f047-5d38-4035-9d07-99755e0b5265https://gowlingwlg.com/en-FR/insights-resources/articles/2022/delay-damages-for-insurance-policy-payoutsIn this insight, we take a look at a recent case that is the first reported judgment to consider whether insurers are liable to pay damages for late payment of an indemnity.Fri, 27 May 2022 09:46:00 Z69455ce0-cbe8-47e8-b8c8-6022baac8a6bhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2022/dentalook-acquires-red-deer-dental-clinicOn May 12, 2022, North American private equity firm Newlook Capital Inc. ("Newlook") closed a transaction in which its main dental acquisition vehicle and management company, Dentalook Inc., completed an investment in a dental practice located in Red Deer, Alberta.Thu, 12 May 2022 00:00:00 Z48e930b2-c677-41c6-8458-b4b631a1dc8fhttps://gowlingwlg.com/en-FR/insights-resources/articles/2022/canada-anti-money-laundering-framework-regulationOn April 5, 2022, changes affecting the Canada's anti-money laundering legislation, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, S.C. 2000 c 17 (the "PCMLTFA"), were published in the Gazette.Mon, 09 May 2022 00:00:00 Zd475d8b4-2a61-474d-b0d4-2aa777a422c8https://gowlingwlg.com/en-FR/insights-resources/articles/2022/the-rise-of-esg-litigation-potential-fsma-claimsWhy do companies need to take their ESG credentials and statements seriously? And why must directors address risks to avoid possible ESG litigation? We discuss the potential for shareholder action exploring key sections of the Financial Services and Markets Act 2000, outlining actions for businesses.Tue, 03 May 2022 08:06:00 Z61d85443-0a21-47d9-a9b6-3b1829f044fbhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2022/novacap-backed-gti-transport-acquires-foxconnOn April 21, 2022, GTI Transport Solutions Inc. ("GTI"), a portfolio company of Novacap, announced its cross-border acquisition of Foxconn Logistics.Thu, 21 Apr 2022 00:00:00 Zcb4e1bf3-54bb-4f2f-bb8c-c652f8117111https://gowlingwlg.com/en-FR/insights-resources/articles/2022/bitcoin-dispute-gives-insight-into-english-courtWe explore the recent judgment raising important legal issues for bitcoin owners if private keys are lost, providing new insight into the approach of the English courts.Wed, 20 Apr 2022 00:00:00 Z1302ed80-46fb-4f9c-bd08-bed9726c2067https://gowlingwlg.com/en-FR/insights-resources/guides/2022/lending-and-secured-finance-law-in-canadaA resource for legal and non-legal professionals to learn more about the lending and secured finance laws and regulations in 18 jurisdictions.Tue, 12 Apr 2022 00:00:00 Z16151be7-83dc-4232-b1cc-01c849c744d1https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/gridiron-capital-invests-in-vertical-supply-groupOn April 12, 2022, Gridiron Capital, LLC announced an investment in Vertical Supply Group ("VSG").Tue, 12 Apr 2022 00:00:00 Z028d2e24-5547-4708-b4ac-65bef4745a00https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/beyond-minerals-completes-ipoOn April 12, 2022, Beyond Minerals Inc. (CSE: BY) completed its initial public offering of common shares for gross proceeds of $450,000.Tue, 12 Apr 2022 00:00:00 Zb2126084-bb26-4304-b2b8-cea23e641554https://gowlingwlg.com/en-FR/insights-resources/articles/2022/the-fca-delivers-its-most-aggressive-strategy-yetThe FCA has launched a three-year strategy in the hope of delivering better outcomes. In this Insight Sushil Kuner explores the key themes of the Strategy.Tue, 05 Apr 2022 07:16:00 Z0a75496e-5a1a-4ef9-b648-ab7f8107a93bhttps://gowlingwlg.com/en-FR/insights-resources/articles/2022/new-private-uk-reit-is-already-attracting-interestCould a UK-REIT become the investment vehicle of choice for institutional investors and fund managers? Our Financial Services experts detail how the relaxation of the UK-REIT rules on 1 April 2022 could benefit businesses.Thu, 31 Mar 2022 00:00:00 Z221174c6-b3a3-4b3a-9336-dfddd10ff639https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/zedra-acquires-axelia-partnersOn March 10, 2022, ZEDRA announced that it had acquired Axelia Partners LLC.Thu, 10 Mar 2022 00:00:00 Z62a50abd-9825-41db-a0f5-c68eb4f9365fhttps://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2022/third-annual-cross-institutional-lending-conferencOn Feb. 8, 2022, Gowling WLG hosted a webinar that highlighted insights for secured lending transactions.Thu, 24 Feb 2022 20:58:00 Z99301608-5159-44be-b502-421e751e6d29https://gowlingwlg.com/en-fr/insights-resources/articles/2022/response-to-review-of-uk-funds-regimeWe look at the key proposals now covered in the HM Treasury's response document and what changes they will bring.Wed, 23 Feb 2022 00:00:00 Z9f672455-e3ef-4d1d-901a-6a3bead51356https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/sol-global-acquires-stock-of-jones-soda-coOn February 18, 2022, SOL Global Investments Corp. acquired 17,222,195 common shares in the capital of Jones Soda Co., a company which markets and distributes premium craft beverages, in connection with the reverse takeover of Pinestar Gold Inc. and the listing of the common shares of Jones Soda, as the resulting issuer, on the Canadian Securities Exchange (the "Transaction").Fri, 18 Feb 2022 00:00:00 Zcb1e7996-cb07-4da3-bb1e-41d94abc3f0chttps://gowlingwlg.com/en-fr/insights-resources/articles/2022/the-national-security-investment-act-2021Key legislation entered into full force on 4 January 2022, with the potential to affect finance transactions.Wed, 16 Feb 2022 12:49:00 Z9686d33f-16e2-4b6d-adf3-98bc9f35eae2https://gowlingwlg.com/en-fr/insights-resources/articles/2022/protecting-innovation-in-fintechWe take a look at a recent example of an innovator's rights in FinTech apparently being under threat by a departing employee, before discussing how to protect your trade secrets.Wed, 09 Feb 2022 00:00:00 Z8a00adb4-24d4-4874-b0b5-e758f3694222https://gowlingwlg.com/en-FR/insights-resources/videos/2022/influencers-in-toronto-virginie-gauthierIn the latest video of our Influencers in Toronto series, Virginie discusses the importance of working with a cohesive team in order to better serve clients faced with complex and constantly evolving legal issues. She also talks about how to balance a successful career with family life.Mon, 07 Feb 2022 21:46:00 Z97b43f85-a7d4-4216-afc3-cb5aae30f5a1https://gowlingwlg.com/en-fr/insights-resources/articles/2022/banking-litigation-annual-case-law-reportWe've carefully curated a selection of key banking litigation decisions we thought would be of particular interest to you.Thu, 03 Feb 2022 17:18:00 Z9e71e85d-f6c9-4e45-a31f-b31ee99d6340https://gowlingwlg.com/en-fr/insights-resources/articles/2022/uk-clamps-down-on-cryptoWhat are the UK regulatory implications for brands and firms promoting cryptoassets? Find out the ASA approach to crypto advertising and the potential impacts of new UK Government proposals.Thu, 03 Feb 2022 10:58:00 Zbc307ffc-1aef-42c9-b085-2358210b5f14https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/nunasi-sells-interest-in-ncc-investment-groupOn January 31, 2022, Nunasi Corporation sold its shares in NCC Investment Group Inc. to Kitikmeot Corporation for approximately $7.3 million.Mon, 31 Jan 2022 00:00:00 Z9dc29c6a-4793-4211-a23c-430c0faf36cchttps://gowlingwlg.com/en-FR/insights-resources/client-work/2022/firm-capital-completes-40m-bought-deal-financingOn January 27, 2022, Firm Capital Mortgage Investment Corporation (TSX: FC) announced that it had closed its previously announced public offering of $40,000,000 aggregate principal amount of 5.00% convertible unsecured subordinated debentures due March 31, 2029.Thu, 27 Jan 2022 00:00:00 Zcee8416e-5574-41e8-ab2d-81dd3cb74ef8https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/gowling-wlg-advises-finncap-limited-as-sponsorOur corporate team advised finnCap Limited as sponsor and bookrunner to GRIT in relation to a placing and open offer, the results of which were announced by GRIT on 20 December 2021, as well as two Class 1 acquisitions.Wed, 12 Jan 2022 00:00:00 Z7ca3cffe-2949-4215-9920-cea8f6cac62bhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2022/blackstone-completes-senior-notes-offeringOn January 10, 2022, Blackstone Inc. (NYSE: BX) announced that it had completed its previously announced offering of US$500 million of 2.550% senior notes due 2032 and US$1.0 billion of 3.200% senior notes due 2052 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary.Mon, 10 Jan 2022 00:00:00 Z59efbcbc-72aa-4927-84b9-fc4cb891cfachttps://gowlingwlg.com/en-FR/insights-resources/articles/2022/operational-resilience-requirements-for-uk-financeKam Dhillon details the new requirements, and practical considerations, for boards and senior managers when preparing for, and implementing, the FCA's new rules and guidance for strengthening operational resilience in the sector.Wed, 05 Jan 2022 00:00:00 Za47eed77-9cbc-496f-8bb9-4015f9b0ce84https://gowlingwlg.com/en-FR/insights-resources/client-work/2022/gowling-wlg-advise-tristan-capital-partnersOn 10 December 2021, EPISO 5, a fund managed by Tristan Capital Partners, acquired through an OPPCI the real estate company SCI Liberté from two French institutional investors.Tue, 04 Jan 2022 00:00:00 Z377cc385-7d8d-412a-9d63-4062b4686058https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/community-tax-acquired-by-nextpoint-financialOn December 31, 2021, NextPoint Financial Inc. (TSX: NPF.U) (OTC Pink: NACQF) announced that it had acquired Community Tax LLC for approximately US$90 million in cash and stock, subject to certain closing adjustments.Fri, 31 Dec 2021 00:00:00 Z6fde308e-b55f-4208-8d26-54bd884d93fehttps://gowlingwlg.com/en-FR/insights-resources/articles/2021/fca-announces-new-listing-rulesOur Corporate, M&A and Capital Markets team outline the FCA's latest changes to the UK's listing Rules in response to the recent Listing Review.Tue, 14 Dec 2021 11:51:00 Ze81e6e7b-4621-4b44-a3a5-cf5fa012b8aahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/xlcubed-limited-xl3-holdings-ltd-advised-on-saleOur corporate and tax teams have acted for the shareholders of XLCubed Limited on its acquisition by Canadian private company, Fluence Technologies Inc.Thu, 09 Dec 2021 00:00:00 Z12af02e6-7ac9-4345-bc13-d08274325c37https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/roshni-capital-inc-completes-cpc-ipoOn December 8, 2021, Roshni Capital Inc. (TSXV: ROSH.P) announced that it had completed its initial public offering of common shares for aggregate gross proceeds of $500,000 pursuant to a prospectus dated November 9, 2021 filed with the Ontario, British Columbia and Alberta Securities Commissions. Haywood Securities Inc. acted as agent for the offering.Wed, 08 Dec 2021 00:00:00 Z6f88cfe0-bf6b-4da9-85e3-b26a2e96ccbchttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/dentalook-management-co-acquires-barrie-dental-clOn December 7, 2021, North American private equity firm Newlook Capital Inc. ("Newlook") announced that its main dental acquisition vehicle and management company, Dentalook Management Co., had completed the purchase of 2696971 Ontario Inc., a dental clinic in Barrie, Ontario.Tue, 07 Dec 2021 00:00:00 Z18693aba-b568-47e6-9ec8-2b8ec7b7ea07https://gowlingwlg.com/en-FR/insights-resources/guides/2021/guide-insolvency-in-canada-2021-trendsOriginally part of a 49 jurisdiction Global Practice Guide by Chambers and Partners, this section on Insolvency in Canada has been republished with permission. The guide provides the latest legal information on restructuring, insolvency and more.Fri, 03 Dec 2021 00:00:00 Z1e2aea76-b627-40cf-8b5e-076dc84aacd6https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/trs-capital-completes-cross-border-acquisitionOn November 30, 2021, TRS Capital, an early stage investment company headquartered in the US, announced that it had acquired a majority stake in Alta Electronics Inc. ("Alta"), a respected supplier of high quality interconnect products headquartered in Canada and with strategic partnerships in Mexico and China. This investment will help Alta expand into the US market and widen its international reach.Tue, 30 Nov 2021 00:00:00 Z56999b2b-abb6-4a5c-ad42-c34bdc00d524https://gowlingwlg.com/en-FR/insights-resources/articles/2021/hydrogen-can-project-finance-fuel-investmentIn this article we discuss the current funding model for hydrogen projects, the potential benefits of a project finance model and what other factors will be integral to the successful development of the hydrogen energy market.Thu, 18 Nov 2021 13:53:00 Z9a642ff1-9cfa-403e-ab29-8a627696148dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2021/fca-launches-the-long-term-asset-fundThe FCA is introducing new rules and guidance aimed at facilitating investment in long-term, illiquid assets through a new category of authorised open-ended fund structure known as the 'Long Term Asset Fund' (LTAF).Mon, 15 Nov 2021 00:00:00 Z2bcf9e7e-9bf6-4ed9-a5dc-042cf990675ehttps://gowlingwlg.com/en-fr/insights-resources/articles/2021/what-is-the-metaverseWhat is the metaverse and how can it be used? We cover what businesses need to know right now following Facebook's rebrand.Fri, 12 Nov 2021 11:21:00 Zec3125d4-975b-4b5b-b01d-e146002ba4dehttps://gowlingwlg.com/en-fr/insights-resources/articles/2021/financial-services-the-transition-to-net-zeroOver the past few years, there has been an increasing global recognition of the potential impact of climate change and the crucial role the financial services industry has in helping combat climate change.Tue, 09 Nov 2021 00:00:00 Zf8759569-81d5-42da-9999-2b712ba93f2dhttps://gowlingwlg.com/en-FR/insights-resources/videos/2021/influencers-in-toronto-spotlight-on-mark-ledwellIn this interview with partner Scott Jolliffe, Mark shares some of the most memorable and rewarding experiences from his 35-year career of practising law across Canada and the UK.Mon, 08 Nov 2021 20:25:00 Zda847668-e54b-4da9-b3b2-397aee28b83fhttps://gowlingwlg.com/en-FR/insights-resources/articles/2021/what-is-crypto-lendingDavid Cohen & Thomas Gertner discuss the rise of digital currencies in commercial lendingFri, 05 Nov 2021 00:00:00 Zee711f49-6bd4-4a4d-a236-ae490ad638d1https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/firm-capital-28-76-million-bought-deal-financingOn November 1, 2021, Firm Capital Mortgage Investment Corporation announced that the Corporation had closed the previously announced bought deal public offering of common shares for gross proceeds of $28,758,510.Mon, 01 Nov 2021 00:00:00 Zaf57b4b4-9d29-4987-9b87-ecd59f786f24https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/newgen-provides-debt-financing-for-rambler-metalsOn October 29, 2021, Rambler Metals and Mining plc (AIM: RMM) (Rambler) announced that it had completed a 3-year senior secured debt financing in the amount of US$22 million (the Loan Note) with NewGen Resource Lending Inc. (NewGen), an institutional investor based in Toronto, Canada.Fri, 29 Oct 2021 00:00:00 Zb387a1c6-a212-477e-9210-c7d561cff953https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/dentalook-acquires-owen-sound-dental-clinicOn October 29, 2021, North American private equity firm Newlook Capital Inc. ("Newlook") announced that its main dental acquisition vehicle and management company, Dentalook Management Co., had completed the purchase of 1589340 Ontario Inc., a dental clinic in Owen Sound, Ontario.Fri, 29 Oct 2021 00:00:00 Z899a46f6-17d6-4367-a968-d193e8dd5c7ahttps://gowlingwlg.com/en-FR/insights-resources/articles/2021/the-choice-of-forumIn this latest article, our China dispute resolution experts explore the stance of Chinese Courts towards the recognition and enforcement of foreign judgments and foreign-related arbitral awards.Tue, 26 Oct 2021 07:46:00 Zb6ef4a10-97be-43b2-a1d7-6584211a8730https://gowlingwlg.com/en-fr/insights-resources/articles/2021/hmt-consults-on-buy-now-pay-later-regulationHer Majesty's Treasury (HMT) has this week published a consultation paper (CP) on the regulation of currently unregulated Buy Now Pay Later products (BNPL).Fri, 22 Oct 2021 00:00:00 Z5e9fdaa6-dfb6-4c85-a8e8-9a461fe4e71ehttps://gowlingwlg.com/en-fr/insights-resources/articles/2021/speed-and-volume-of-transactions-in-house-counselIn this Q&A, Christopher Alam, leader of the firm's national Lending Group, shares industry insights and advice on how to mitigate risks.Mon, 18 Oct 2021 19:12:00 Za41fd3b7-7482-4c4b-91d8-a39028f15ed0https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/calgary-airport-authority-completes-bond-offeringOn October 7, 2021, The Calgary Airport Authority completed its inaugural bond offering, raising $2.075 billion of private placement bonds that will be used to repay two-thirds of the Authority's debt with the Province of Alberta, pay transaction costs, and for general corporate purposes.Thu, 07 Oct 2021 00:00:00 Zbdf5ef50-b85e-4d02-b943-976830b5998dhttps://gowlingwlg.com/en-FR/insights-resources/videos/2021/influencers-in-toronto-spotlight-on-david-cohenDavid discusses the changes and trends he has seen while practising in the financial sector for over 30 years.Wed, 06 Oct 2021 20:25:00 Z6a42632b-6a7e-4c29-b32e-6cfdae9d3ac0https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/atrf-reaches-investment-management-agreementOn September 8, 2021, Alberta Teacher Retirement Fund Board (ATRF) announced that it had reached agreement with the Alberta Investment Management Corporation (AIMCo) on the terms of an Investment Management Agreement (IMA) that will protect the best interests of ATRF's Pension Plans over the long term.Wed, 08 Sep 2021 00:00:00 Z7c36cd7b-7aa6-4b24-9553-cdf15c621b5ehttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/firm-capital-completes-bought-deal-financingOn September 3, 2021, Firm Capital Mortgage Investment Corporation (TSX: FC) announced that it had closed its previously announced public offering of $40 million aggregate principal amount of 5.00% convertible unsecured subordinated debentures due September 30, 2028 of the Corporation. The underwriters subsequently exercised their over-allotment option in full, resulting in the issue of an additional $6 million aggregate amount of debentures.Fri, 03 Sep 2021 00:00:00 Z789440cb-e03b-45d3-a22a-f6594c9c3ff0https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/securian-canada-acquires-armour-groupOn September 1, 2021, Securian Canada, Inc., a subsidiary of Securian Financial Group, acquired Armour Group Inc., a distributor of credit and specialty property and casualty products through automobile dealers, recreational vehicle dealers and finance companies in Canada. Headquartered in London, Ontario, Armour Group will continue to operate independently under its current leadership.Wed, 01 Sep 2021 00:00:00 Z148250ce-a0ec-4eb8-b97d-fdae5544253dhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/opulent-management-acquires-calgary-tax-consultingOn August 27, 2021, Opulent Management Holdco Ltd. acquired the shares of Calgary Tax Consulting Inc. All parties are located in Calgary, Alberta.Fri, 27 Aug 2021 00:00:00 Zdd70e021-b085-443e-accf-cfa93ecc673dhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/hire-technologies-completes-acquisitionOn August 27, 2021, HIRE Technologies Inc. (TSXV: HIRE) ("HIRE") completed the acquisition of Leaders and Co., Consulting in Governance and Leadership Inc. ("Leaders"), a premier executive search firm with clients across Canada, strong national and international alliances, and a leading Diversity and Indigenous recruitment practice.Fri, 27 Aug 2021 00:00:00 Zb58f9b57-92e3-498c-bce6-9916f8127021https://gowlingwlg.com/en-FR/insights-resources/articles/2021/scc-confirms-priority-of-court-ordered-chargesOn July 28, 2021, the Supreme Court of Canada (the "SCC") released its decision in Canada v Canada North Group Inc.[1] (2021 SCC 30) confirming that court-ordered super-priority charges ("Priming Charges") granted pursuant to the Companies' Creditors Arrangement Act (the "CCAA") rank in priority to the statutory deemed trusts arising in favour of the Crown for unremitted source deductions pursuant to the Income Tax Act (Canada) (the "ITA"), the Canada Pension Plan Act (Canada) and the Employment Insurance Act (Canada) (collectively, the "Fiscal Statutes").Tue, 24 Aug 2021 00:00:00 Zedacfda6-d835-477a-8dd0-e739e75a40fdhttps://gowlingwlg.com/en-FR/insights-resources/articles/2021/ontario-court-of-appeal-insight-foreign-ordersMany describe the United States as Canada's most important trade partner.  Cross-border insolvency proceedings between the two jurisdictions are frequent and the recognition by one country's court of the other's bankruptcy orders is an important tool in facilitating the restructuring of companies with operations that spread across North America.  A recent decision from the Ontario Court of Appeal (leave to appeal of which was denied by the Supreme Court of Canada) invites us to reflect on the delicate balance between comity for foreign orders and Canada's sovereignty over domestic laws.Tue, 17 Aug 2021 00:00:00 Z25d878c8-a945-4018-bd2c-17908dd49939https://gowlingwlg.com/en-FR/insights-resources/articles/2021/cancellation-clause-in-lending-contractThe recent Marshallzehr decision emphasizes the importance of careful contract drafting as the Ontario Court of Appeal upholds a cancellation clause in a lending agreement.Wed, 11 Aug 2021 18:03:00 Z07886f9d-1036-4239-b9d8-e5ceb43c4edfhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/dentalook-acquires-barrie-dental-clinicOn August 6, 2021, North American private equity firm Newlook Capital Inc. ("Newlook") announced that its main dental acquisition vehicle and management company, Dentalook Management Co., had completed the purchase of Tan Dental Clinique Corporation, a dental clinic in Barrie, Ontario.Fri, 06 Aug 2021 00:00:00 Z7a20a6ab-6e9d-487e-a939-e426f44e8c0dhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/gowling-wlg-advises-finncap-on-aim-transactionGowling WLG has advised finnCap, as financial adviser to Cambria Bidco Limited on its recommended cash offer for AIM listed company,Thu, 05 Aug 2021 00:00:00 Z5bafb43a-115d-4ce6-b319-23b51f977145https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/blackstone-us2-billion-senior-notes-offeringOn August 4, 2021, Blackstone Holdings Finance Co. L.L.C., a wholly-owned subsidiary of global investment firm Blackstone Inc., issued and sold US$650,000,000 1.625% Senior Notes due 2028, US$800,000,000 2.000% Senior Notes due 2032 and US$550,000,000 2.850% Senior Notes due 2051 (collectively, the "Notes") to various financial institutions for distribution.Wed, 04 Aug 2021 00:00:00 Zdbe204af-5dde-41a9-818d-b34377a1a623https://gowlingwlg.com/en-FR/insights-resources/articles/2021/the-fca-s-business-plan-2021-22Read our overview of the Plan to find out what firms and consumers can expect.Wed, 21 Jul 2021 00:00:00 Z13d05a2f-c378-4d65-b1d6-1ad69e8eb463https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/sol-global-participates-in-series-a-fundingOn July 20, 2021, CITYROW Holdings Inc. announced that it had received $12 million in a series A funding round led by JW Asset Management, LLC and including participation from SOL Global Investments Corp. and K2 Global, L.P.Tue, 20 Jul 2021 00:00:00 Zcea4e56c-a04c-4b71-847d-95bc4be15802https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/kbm-accounting-acquires-stake-in-versatileOn June 30, 2021, KBM Accounting Professional Corporation acquired Narinder Singh Professional Corporation's interest in Versatile Accounting LLP, Chartered Professional Accountants. All parties are located in Calgary, Alberta.Wed, 30 Jun 2021 00:00:00 Z839a14b2-273a-4fc4-ba05-a0434e1c8cd5https://gowlingwlg.com/en-fr/insights-resources/articles/2021/fca-consults-on-new-financial-disclosuresIn this insight, we focus particularly on proposals for the asset management sector contained within the FCA's Consultation Paper 21/17 and summarise who the proposals apply to, the key rules being introduced and the next steps for firms.Wed, 23 Jun 2021 00:00:00 Z7f198d7d-9de0-4800-be1f-db7e5ff29acchttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/gowling-wlg-advises-clarion-partners-europeGowling WLG (France) is pleased to have once again advised Clarion Partners Europe on a €30 million senior development loan and a circa €8 million VAT facility.Wed, 23 Jun 2021 00:00:00 Zde85a32c-b216-4a58-a3d4-569b0b665c86https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/gowling-wlg-advises-draper-esprit-on-m-placingThe corporate team at Gowling WLG has advised Draper Esprit, one of Europe's leading venture capital firms, on its £111 million fundraising by way of a placing of new shares.Wed, 23 Jun 2021 00:00:00 Za90b01b0-487b-4c78-a2fe-a4a9a6bcf864https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/strathallen-retail-property-fund-completes-closingOn June 17, 2021, Strathallen Capital Corp. ("Strathallen") announced the closing of Strathallen Retail Property Fund LP No. 5 (the "Fund"). The Fund is the largest capital raise in Strathallen's history, and will focus on a geographically diversified portfolio of grocery and convenience properties.Thu, 17 Jun 2021 00:00:00 Za9ee261e-d30c-4c69-9276-c1e0550af45chttps://gowlingwlg.com/en-FR/insights-resources/videos/2021/fintech-connect-role-of-ai-in-bankingGowling WLG Partner Naïm Alexandre Antaki discusses the role of AI in overhauling banking infrastructure at the 2021 FinTech Connect North America keynote panel.Thu, 17 Jun 2021 00:00:00 Z6c5bdc57-6efb-4967-90c8-67c3f7733c3bhttps://gowlingwlg.com/en-FR/insights-resources/videos/2021/fintech-connect-blockchain-in-financial-servicesGowling WLG Partner Usman Sheikh discusses blockchain in financial services at the 2021 FinTech Connect Panel.Wed, 16 Jun 2021 00:00:00 Zf4681917-594a-4b64-8fb9-702cc138b6adhttps://gowlingwlg.com/en-fr/insights-resources/articles/2021/court-of-appeal-overturns-britvic-decisionIn January 2020, His Honour Judge Hodge KC was asked to construe the pension increase rule in the Britvic Pension Plan, which gave Britvic plc a power to choose 'any other rate' than the default rate under the Plan's rules.Fri, 11 Jun 2021 00:00:00 Zbb906600-c928-4d4b-87e2-39289005de56https://gowlingwlg.com/en-FR/insights-resources/guides/2021/legal-500-restructuring-insolvency-country-guideThe Legal 500: Restructuring & Insolvency Country Comparative Guide gives a high level overview of the laws and regulations applicable to restructuring and insolvency procedures in Canada. Our contribution to this guide is part of a global guide.Thu, 10 Jun 2021 00:00:00 Zbe4392a5-aa0c-4e22-a590-19f97c290ceehttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/gowling-wlg-advises-on-40-million-cross-border-fiGowling WLG is pleased to have advised UK-based GuarantCo., part of the Private Infrastructure Development Group (PIDG), on a $40-million CDN repayable contribution from Global Affairs Canada (GAC) in support of sustainable infrastructure credit solutions across Africa and Asia.Mon, 31 May 2021 00:00:00 Z2ddad626-8fff-4b95-a571-eb1b34c20f4chttps://gowlingwlg.com/en-fr/insights-resources/articles/2021/limitation-in-tort-elliott-v-hattensThis dispute relates to a negligence claim against a firm of solicitors and whether or not the claim was time-barred by the time that proceedings were commenced. In this article, we review the judgment and analyse the key points.Thu, 27 May 2021 13:46:00 Z6e6bc1bb-4cef-4610-9661-9001e4d9a08bhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/rise-capital-corp-completes-ipoOn May 26, 2021, Rise Capital Corp. (TSXV: RSE) (the "Corporation") announced that it had successfully completed its initial public offering of 45,000,000 common shares at $0.20 per share for gross proceeds of $9,000,000. Hampton Securities Limited acted as agent for the offering.Wed, 26 May 2021 00:00:00 Z1f66a061-c8fa-4624-9102-7470ed405d9ehttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/eraa-completes-200-million-bond-financingOn May 20, 2021, Edmonton Regional Airports Authority ("ERAA") closed an issue of $200 million of Amortizing Revenue Bonds, Series D via private placement.Thu, 20 May 2021 00:00:00 Zcd108e7c-bef5-44bd-a43c-cbfd756b026fhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/dentalook-acquires-toronto-dental-clinicOn May 14, 2021, North American private equity firm Newlook Capital Inc. ("Newlook") announced that its main dental acquisition vehicle and management company, Dentalook Management Co., had completed the purchase of substantially all of the assets of Mandeep Atwal Dentistry Professional Corporation, a dental clinic in Toronto, Ontario.Fri, 14 May 2021 00:00:00 Zd4eae2e2-7aa3-4944-b6f3-c7ee7c54c273https://gowlingwlg.com/en-FR/insights-resources/white-papers/2021/waves-ahead-digital-transformationNavigate the 'Tides of Disruption' with our snapshot of how digital transformation will affect businesses over the next decade.Mon, 10 May 2021 00:00:00 Z6d09263f-d6fe-44ca-9f8f-3dbb5b636438https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/hiaa-completes-150-million-bond-financingOn May 3, 2021, Halifax International Regional Airports Authority ("HIAA") closed an issue of $150 million of Revenue Bonds, Series D via private placement.Mon, 03 May 2021 00:00:00 Z56c267f5-c0e2-4945-9bcc-1e25d1579adahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/pipestone-energy-renews-reserve-based-loanOn April 30, 2021, Pipestone Energy Corp. (TSX: PIPE) ("Pipestone Energy") announced that is had successfully renewed and extended its Reserve Based Loan ("RBL" or "Credit Facility") with its syndicate of banks, re-affirming its borrowing base at $225 million.Fri, 30 Apr 2021 00:00:00 Zbaa11abb-45a8-466c-9b3f-4a86b5876649https://gowlingwlg.com/en-FR/insights-resources/articles/2021/regulation-of-pre-pack-administrationsA pre-pack administration can offer a good option for rescuing an insolvent business when used correctly. However, a limited number of cases have highlighted concerns over issues such as transparency in the sale process and the potential for poor outcomes for unsecured creditors, particularly where connected parties are involved. The Administration (Restrictions on Disposal etc. to Connected Persons) Regulations 2021 aim to provide greater rigour to the pre-pack process and will come into force on 30 April 2021.Thu, 29 Apr 2021 08:11:00 Z76b1f21e-14e7-448c-8111-5c3e01a2bd30https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/jmb-crushing-systems-completes-restructuringOn May 1, 2020, JMB Crushing Systems Inc. ("JMB") and its wholly owned subsidiary 2161889 Alberta Ltd. ("216") sought and obtained an initial order from the Court of the Queen's Bench of Alberta under the Companies' Creditors Arrangement Act R.S.C. 1985, c. C-36, as amended ("CCAA").Tue, 27 Apr 2021 00:00:00 Z957c85d6-f377-48e4-8263-3c96c5c85592https://gowlingwlg.com/en-FR/insights-resources/articles/2021/new-guidance-on-providing-pensions-informationMany employers and trustees want to provide support to their employees and members on pensions and broader financial matters. But, providing such information can be risky, as doing so can breach the FCA's authorisation and regulated activity rules. Our pensions experts have summarised the key points from the latest guidance in order to help navigate this challenging area.Thu, 22 Apr 2021 09:39:00 Z91a53725-723d-42bf-b28d-84af79d2a2f6https://gowlingwlg.com/en-fr/insights-resources/client-work/2021/30-million-professional-services-acquisitionA multi-skilled team of experts from Gowling WLG has advised law firm Memery Crystal LLP on its sale to AIM-listed professional services group RBG Holdings plc for a total of £30 million.Wed, 21 Apr 2021 00:00:00 Z0f63d17a-57c4-4f55-b0a0-b95813b7887chttps://gowlingwlg.com/en-FR/insights-resources/reports/2021/business-as-unusualTo better understand the demographics, characteristics, needs and motivations of in-house teams we conducted a survey of GCs and in-house lawyers. Read our overview of the key findings from the survey as we review just how much priorities have shifted since the beginning of 2020.Tue, 20 Apr 2021 00:00:00 Z85a6412c-030c-46c6-9354-210d1328c0d1https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/dentalook-acquires-toronto-dental-clinic-1On March 31, 2021, North American private equity firm Newlook Capital Inc. ("Newlook") announced that its main dental acquisition vehicle and management company, Dentalook Management Co., had completed the purchase of 1810117 Ontario Inc., a dental clinic in Toronto, Ontario.Wed, 31 Mar 2021 00:00:00 Z3a3c34ae-3d13-45d5-8d79-11cbb3da1a68https://gowlingwlg.com/en-FR/insights-resources/articles/2021/fca-consultation-into-the-funeral-sectorFrom the 29 July 2022, activities involving the provision and distribution of pre-paid funeral plans will come under the regulation of the FCA.Thu, 25 Mar 2021 09:19:00 Zbb5a6ca7-ecbe-4f28-97a1-e2f37681515ahttps://gowlingwlg.com/en-FR/insights-resources/articles/2021/lord-hill-s-recommendations-on-uk-listing-regimeThe UK Listing Review (the Review), chaired by Lord Hill, published its report on the UK listing regime on 3 March 2021.Mon, 15 Mar 2021 11:16:00 Zed6e70bb-6e64-4ed9-b9dc-63e5abad4c54https://gowlingwlg.com/en-FR/insights-resources/podcasts/2021/the-employment-lifecycle-smcr-investigationsGetting to grips with the changes that have been brought in as a result of the SMCR for all FCA regulated businesses is not easy. This is a bonus episode where we discuss running an effective investigation in an SMCR context.Wed, 10 Mar 2021 14:45:00 Zbe4b91bb-6153-4368-b580-e69377534036https://gowlingwlg.com/en-FR/insights-resources/articles/2021/canada-climate-related-financial-system-riskOn January 22, 2021, the Ministry of Finance in Ontario, Canada released the final report of the 'Capital Markets Modernization Taskforce'.Mon, 08 Mar 2021 17:12:00 Z1f37e005-c176-4b66-88c1-b4b48d321b3ehttps://gowlingwlg.com/en-FR/insights-resources/articles/2021/uk-investment-screening-regimeThe UK Government has published its response to the consultation on the sectors that will be subject to a mandatory notification regime under the National Security and Investment Bill (the "Bill").Mon, 08 Mar 2021 00:00:00 Z3ae70d72-3eee-4f67-b30a-6bbc10139faahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/gowling-wlg-advises-on-hera-indemnity-limited-saleInternational law firm Gowling WLG has acted for the shareholders of Hera Indemnity Limited (Hera) on the sale of its share capital to the Ardonagh Group, the UK's largest independent insurance broker.Mon, 08 Mar 2021 00:00:00 Z730d6575-033d-475e-88a3-859b8dc32b07https://gowlingwlg.com/en-FR/insights-resources/articles/2021/sfdr-explained-actions-for-asset-managersWhile the SFDR has not been adopted by the UK post-Brexit, the SFDR could still apply to UK firms.Thu, 04 Mar 2021 14:47:00 Z6830ba39-f950-4289-a99d-79be88bf86e9https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/gowling-wlg-assists-cairngorm-capital-on-dealsA team of legal experts from Gowling WLG has advised specialist private investment firm Cairngorm Capital Partners (Cairngorm Capital) and its portfolio company on the completion of three acquisitions and the arrangement of £124 million of debt facilities.Thu, 04 Mar 2021 00:00:00 Z31d0b38f-257a-4065-94f3-9d34a6c680behttps://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2021/brexit-threats-and-opportunitiesWhat are the emerging threats and opportunities of Britain's post-Brexit relationship with the EU? And, what does the UK's departure from the European Union mean for you and your business?Tue, 23 Feb 2021 11:21:00 Z796de931-53b8-4294-bafb-ae12947aa454https://gowlingwlg.com/en-FR/insights-resources/articles/2021/the-regulatory-approach-to-climate-changeThe 2015 United Nations climate change summit in Paris (COP21) saw the first ever agreement under which virtually every country, including the UK, pledged to constrain their greenhouse gas emissions, with the aim of keeping average temperature increases well below 2˚C above pre-industrial levels. Globally, there has been an increasing recognition by central banks and financial services regulators of the potential impact of climate change on financial services markets and the important role that financial services markets have on helping to combat climate change.Fri, 19 Feb 2021 14:33:00 Zdd9e4aee-a1e0-4653-bcbb-9d847b0da3d6https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/gowling-wlg-advises-round-hill-music-fundGowling WLG has advised Round Hill Music Royalty Fund Limited on its acquisition of a portfolio of iconic music copyrights.Thu, 18 Feb 2021 00:00:00 Zdf5cd1ff-95cc-4c1d-b669-61ba59a1133chttps://gowlingwlg.com/en-FR/insights-resources/articles/2021/hm-treasury-s-review-of-the-uk-funds-regimeHM Treasury (HMT) published its 'Review of the UK Funds Regime: A Call for Input' (the Call for Input) on 26 January 2021.Wed, 17 Feb 2021 09:52:00 Z94b215dd-ba5f-45d6-8045-ad66c0f2843bhttps://gowlingwlg.com/en-FR/insights-resources/podcasts/2021/the-employment-lifecycle-smcr-cultureIn the sixth episode of our employment and SMCR podcast series we explore the ever present question of culture.Tue, 16 Feb 2021 09:18:00 Z3da7d2ee-6aa6-4449-9617-f05a89d88b2ehttps://gowlingwlg.com/en-FR/insights-resources/articles/2021/bankrupt-tenant-can-a-landlord-draw-on-a-letterIn 7636156 Canada Inc. (Re), the Ontario Court of Appeal (OCA) confirmed the right of a commercial landlord to draw on a letter of credit given as security pursuant to a lease, even when the draw takes place after the termination of the lease by the tenant's trustee in bankruptcy.Tue, 09 Feb 2021 00:00:00 Zd95bed05-6457-4aeb-b17b-c0d463528921https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/crown-realty-v-limited-completes-initial-closingOn February 9, 2021, Crown Realty Partners ("Crown") announced that it had launched its fifth value-add fund, Crown Realty V Limited Partnership ("Fund V"), and completed its first closing with $140 million of commitments from both institutional groups and family offices.Tue, 09 Feb 2021 00:00:00 Z6d8da437-bc74-46d6-84f0-56a252d8df1dhttps://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2021/internal-investigationsThis session covers the key aspects of conducting an investigation to help you get to the bottom of the issue and manage associated risks.Fri, 05 Feb 2021 12:16:00 Zf346e6b7-dd4b-41b2-ab8d-13c5d0369521https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/veerum-raises-7-4-million-in-growth-capitalOn February 3, 2021, VEERUM announced a $7.4 million Series A funding round led by BDC's Industrial Innovation Venture Fund and Builders VC.Wed, 03 Feb 2021 00:00:00 Zf141a2c9-7e12-4b36-8762-79e7fda4a6cehttps://gowlingwlg.com/en-FR/insights-resources/client-work/2021/gowling-wlg-advises-on-grit-move-to-lse-premiumGowling WLG has advised finnCap and Deloitte as joint sponsors in relation to GRIT Real Estate Income Group Limited's move from the standard segment to the London Stock Exchange premium segment.Fri, 22 Jan 2021 00:00:00 Z2983534e-5c4c-4f0a-b354-4ba75149f4c2https://gowlingwlg.com/en-FR/insights-resources/articles/2021/business-interruption-insurance-and-covid-19On 15 January 2021, the Supreme Court handed down its judgment in the COVID-19 insurance test case for business interruption losses - The Financial Conduct Authority v Arch and others [2021]. This marks the final say in a lengthy battle that directly affects 370,000 policyholders and has wider implications for 700 types of policies from over 60 insurers.Thu, 21 Jan 2021 00:00:00 Z7118b2f5-5441-418f-a5e6-fb8c50c1a764https://gowlingwlg.com/en-FR/insights-resources/client-work/2021/haw-capital-2-corp-completes-cpc-ipoOn January 8, 2021, HAW Capital 2 Corp. (TSXV: HAW.P) announced that it had completed its initial public offering of 4,000,000 common shares issued at a price of $0.10 per share pursuant to a prospectus dated November 12, 2020Fri, 08 Jan 2021 00:00:00 Zfab92d9f-528b-412b-8535-03243475daf1https://gowlingwlg.com/en-fr/insights-resources/articles/2020/5g-well-connectedThe idea of connectivity has never been more important. Large parts of the global economy have been mothballed, families kept apart and businesses are operating with limited capacity and workforces scattered across multiple locations, making communication with our families, our places of work and our customers more crucial than ever.Thu, 07 Jan 2021 00:00:00 Z81324a1d-f9a3-44e4-9d59-29d7f1ee6128https://gowlingwlg.com/en-FR/insights-resources/articles/2021/uk-pensions-in-2021Brexit and COVID-19 have meant that 'business as usual' has been delayed in the world of pensions legislation, regulation and policy.Thu, 31 Dec 2020 00:00:00 Z9dd3cde1-8828-4c02-88a0-f10855075519https://gowlingwlg.com/en-FR/insights-resources/podcasts/2021/the-month-in-pensions-december-2020The Month In Pensions – December 2020: Pensions in 2021 – key trends and developmentsWed, 30 Dec 2020 00:00:00 Zce88dca9-56ed-4dad-b9ec-ebf3148a5e3fhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2020/cross-border-capital-i-inc-completes-cpc-ipoOn December 22, 2020, Cross Border Capital I Inc. (TSXV: CBX.P) announced that it had completed its initial public offering of common shares for gross proceeds of $300,000 and that its common shares had commenced trading on the TSX Venture Exchange.Tue, 22 Dec 2020 00:00:00 Zf7f87c30-c09d-4f27-8c83-e1635d20e499https://gowlingwlg.com/en-FR/insights-resources/articles/2020/the-corporate-human-rights-benchmark-key-pointsIn this article, we highlight ways in which the companies included in the Benchmark have been succeeding in their human rights commitments, whilst identifying gaps and challenges that remain.Fri, 18 Dec 2020 14:29:00 Zae85d55d-f6bf-49ed-b05a-a1cffa6a994ahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2020/gowling-wlg-advises-codemasters-on-take-two-dealGowling WLG is advising leading UK video games maker Codemasters Group Holdings plc on a recommended cash and shares takeover offer from Take-Two Interactive Software, Inc., the NASDAQ-listed US games publisher based in New York.Sat, 12 Dec 2020 00:00:00 Zf1036488-8c63-4e23-85e7-65e2476185cdhttps://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2020/2nd-annual-cross-institutional-lending-conferencePresentations from the 2nd Annual Cross-Institutional Lending Conference are designed empower you with the knowledge needed to more effectively structure security for lending transactions, and provide valuable insights for difficult decisions and conversations that may need to take place in the months ahead.Tue, 08 Dec 2020 17:16:00 Za363e1ba-ef9e-44ff-a6c8-9044b10522c4https://gowlingwlg.com/en-FR/insights-resources/podcasts/2020/the-employment-lifecycle-through-a-smcr-lens-fiveGetting to grips with the changes that have been brought in as a result of the Senior Managers and Certification Regime (SMCR) for all FCA regulated businesses is not easy. In a series of six podcasts, we've brought together our employment and financial regulation experts to simplify this area and explain clearly what those working within legal, risk, compliance, HR and operations need to think about at each stage of the employment cycle when it comes to complying with the SMCR. In this fifth episode, we cover the importance of wellbeing in creating a healthy culture.Tue, 08 Dec 2020 10:21:00 Zc499dfdf-d397-449d-977f-ab8f448b9354https://gowlingwlg.com/en-fr/insights-resources/client-work/2020/heavenlyrx-sells-interest-in-purekana-to-purekOn December 8, 2020, PureK Holdings Corp . (the "Company") (TSXV: PKAN), formerly AF1 Capital Corp., announced that it had indirectly acquired from HeavenlyRx Ltd. a 50.1% interest in PureKana, LLC.Tue, 08 Dec 2020 00:00:00 Z9bd2bb76-9f95-4e2f-8d14-46eb1c122e11https://gowlingwlg.com/en-fr/insights-resources/client-work/2020/calgary-accounting-firms-make-acquisitionOn December 1, 2020, Calgary-based accounting firms Versatile Accounting Professional Corporation and Narinder Singh Professional Corporation acquired the assets of Rustam R. Kassam Professional Corporation.Tue, 01 Dec 2020 00:00:00 Zb5506497-fe6e-459e-8715-f3e7afe2b0c8https://gowlingwlg.com/en-FR/insights-resources/articles/2020/business-and-human-rights-mandatory-due-diligenceBusinesses must prepare for mandatory human rights due diligence requirements in an increasing number of countries. Our experts discuss the UN and EU's latest initiatives in this area.Fri, 27 Nov 2020 00:00:00 Zec20cfd4-a3c4-4fbc-8cd4-a3dca1511f36https://gowlingwlg.com/en-FR/insights-resources/podcasts/2020/the-employment-lifecycle-smcr-lens-episode-4Getting to grips with the changes that have been brought in as a result of the Senior Managers and Certification Regime (SMCR) for all FCA regulated businesses is not easy. In a series of six podcasts, we've brought together our employment and financial regulation experts to simplify this area and explain clearly what those working within legal, risk, compliance, HR and operations need to think about at each stage of the employment cycle when it comes to complying with the SMCR. In this fourth episode, we cover the issues that might arise on termination of employment.Wed, 11 Nov 2020 12:20:00 Z652b7f42-ffec-450b-b7e0-246fdb47f6dchttps://gowlingwlg.com/en-fr/insights-resources/guides/2020/covid-19-government-relief-programs-guide/federal-resources/canadian-federal-economic-support-for-businessesThis page outlines the federal economic support available for businesses in Canada.Mon, 09 Nov 2020 00:00:00 Z60bc73c7-3f09-4e0d-9f3d-89e1c97798achttps://gowlingwlg.com/en-fr/insights-resources/guides/2020/covid-19-government-relief-programs-guide/provincial/ontario-economic-support-programs-covid-19Ontario declared a provincial state of emergency under the province's Emergency Management and Civil Protection Act on March 17th, 2020.Mon, 09 Nov 2020 00:00:00 Z5a962f0b-d81c-457a-8c84-ed5a65131785https://gowlingwlg.com/en-fr/insights-resources/guides/2020/covid-19-government-relief-programs-guide/provincial/british-columbia-economic-support-covid-19On March 18, 2020, British Columbia declared a provincial state of emergency under the province's Emergency Program Act.Mon, 09 Nov 2020 00:00:00 Z995dca15-7851-496c-af2a-8b4fcdc199fahttps://gowlingwlg.com/en-FR/insights-resources/guides/2020/covid-19-government-relief-programs-guide/municipal/toronto-economic-support-programs-covid-19Mayor John Tory has announced an economic task force to help aid businesses and workers affected by the coronavirus outbreak.Mon, 09 Nov 2020 00:00:00 Z31bbbeb7-7aa7-4526-bc82-74ce1f4bb9e7https://gowlingwlg.com/en-FR/insights-resources/guides/2020/covid-19-government-relief-programs-guide/provincial/quebec-economic-support-programs-covid-19Quebec declared a provincial state of emergency under the Decree declaring a state of health emergency through Quebec on March 13th, 2020.Mon, 09 Nov 2020 00:00:00 Ze3d774a8-f2f9-4002-8cbc-fc91260141e6https://gowlingwlg.com/en-FR/insights-resources/guides/2020/covid-19-government-relief-programs-guide/municipal/calgary-economic-support-programs-covid-19Calgary City Council approved the cancellation of any Business Improvement Area (BIA) Tax penalties between April 1 and June 30.Mon, 09 Nov 2020 00:00:00 Za27e4621-ff8d-48a2-8700-3b62fe905410https://gowlingwlg.com/en-FR/insights-resources/guides/2020/covid-19-government-relief-programs-guide/federal-resources/canadian-support-from-financial-institutionsThe programs noted below are in addition to relief programs offered under the BCAP program being administered by financial institutions in co-operation with BDC and EDC.Mon, 09 Nov 2020 00:00:00 Z57d7a228-ccb7-4e1c-9af9-377a35aab908https://gowlingwlg.com/en-FR/insights-resources/guides/2020/covid-19-government-relief-programs-guide/provincial/manitoba-economic-support-programs-covid-19Manitoba declared a State of Emergency on March 20, 2020 under the Emergency Measures Act.Mon, 09 Nov 2020 00:00:00 Zf21b7f9d-2a1c-4bbb-90e0-6e2243b0b2d3https://gowlingwlg.com/en-FR/insights-resources/guides/2020/covid-19-government-relief-programs-guide/federal-resources/canadian-federal-economic-support-for-individualsThis page outlines the federal economic support available for individuals in Canada.Mon, 09 Nov 2020 00:00:00 Z51e303ef-94f4-4a64-a755-33e6e55210dehttps://gowlingwlg.com/en-FR/insights-resources/guides/2020/covid-19-government-relief-programs-guide/provincial/alberta-economic-support-covid-19Alberta declared a state of emergency under the Public Health Act on March 17, 2020Mon, 09 Nov 2020 00:00:00 Z9014edfb-4879-4822-ad30-04e6ba3ce257https://gowlingwlg.com/en-FR/insights-resources/guides/2020/covid-19-government-relief-programs-guideLearn more about about government relief programs in Canada in response to COVID-19.Mon, 09 Nov 2020 00:00:00 Z90c5b3f1-cca6-48ae-97ff-59eb02bab041https://gowlingwlg.com/en-FR/insights-resources/guides/2020/covid-19-government-relief-programs-guide/municipal/montreal-economic-support-programs-covid-19The city of Montreal has created a $5 million assistance fund to support sectors that have been hit hardest in the short term: retail businesses, social economy, creative and cultural industries and tourism.Mon, 09 Nov 2020 00:00:00 Zf3652373-0826-45ce-bc3e-b33805e52b4bhttps://gowlingwlg.com/en-FR/insights-resources/guides/2020/covid-19-government-relief-programs-guide/municipal/edmonton-economic-support-programs-covid-19The City of Edmonton is delaying penalties to property tax payments for citizens experiencing major financial difficulties due to the COVID-19 crisis.Mon, 09 Nov 2020 00:00:00 Z6fe949ee-e00d-452e-8d2a-a1e3e05af9f9https://gowlingwlg.com/en-FR/insights-resources/guides/2020/covid-19-government-relief-programs-guide/municipal/vancouver-support-programs-covid-19On March 19, 2020, the Vancouver City Council declared a local state of emergency.Mon, 09 Nov 2020 00:00:00 Zb1b0c21c-83aa-4c43-94b7-2f0252197384https://gowlingwlg.com/en-FR/insights-resources/articles/2020/oct-27-canadian-financial-regulatory-updatesRecent regulatory updates issued in September and October reflect a renewed attention to continuing policy development unrelated to the COVID-19 pandemic. In this article, we review three of these recent updates.Tue, 27 Oct 2020 00:00:00 Zf535ddf4-5656-41ed-979d-7a424992f4behttps://gowlingwlg.com/en-FR/insights-resources/client-work/2020/gowling-wlg-advises-oberon-investments-on-placingGowling WLG has assisted MD Barnard & Company Limited on the placing of new shares to raise £11.5m for AIM company All Active Asset Capital Limited (AAA).Mon, 26 Oct 2020 00:00:00 Z63a73145-2302-4597-af77-a3848d929c24https://gowlingwlg.com/en-FR/insights-resources/podcasts/2020/the-employment-lifecycle-smcr-employment-issuesWe shine a light on the SMCR issues that can arise during the employment relationship.Fri, 16 Oct 2020 10:50:00 Z415244ee-9a76-49bc-aac3-3d1e927a2eabhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2020/aga-financial-group-sells-interest-to-novacapOn October 5, 2020, Novacap announced that it had acquired an interest in AGA Financial Group Inc. ("AGA").Mon, 05 Oct 2020 17:50:00 Z5fd2b43f-a262-4d77-85fa-9f3ec337af4ahttps://gowlingwlg.com/en-fr/insights-resources/client-work/2020/gowling-wlg-advises-zzoomm-group-on-investmentInternational law firm Gowling WLG has advised Zzoomm Group Limited on the equity investment by a new Luxembourg-incorporated company set up by funds managed by Oaktree Capital Management, L.P. (Oaktree), of up to £100 millionWed, 30 Sep 2020 00:00:00 Z89472567-ea85-4394-834b-b80e5de8d012https://gowlingwlg.com/en-FR/insights-resources/client-work/2020/blackstone-completes-senior-notes-offeringOn September 29, 2020, Blackstone (NYSE: BX) completed its previously announced offering of US$500 million of 1.600% senior notes due 2031 and US$400 million of 2.800% senior notes due 2050 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary.Tue, 29 Sep 2020 00:00:00 Z1da536dd-6e31-4130-84ee-1166e01de113https://gowlingwlg.com/en-FR/insights-resources/podcasts/2020/the-employment-lifecycle-smcr-recruitmentThis podcast series will shine a light on the issues from a SMCR perspective that might arise at each stage in the employment cycle. Our first podcast starts at the beginning of that cycle looking at recruitment.Mon, 28 Sep 2020 08:54:00 Z072df558-60ae-498d-aabb-91e0b301f92dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/three-years-after-its-launch-is-the-canada-infrasLaunched by the Trudeau government in June 2017, the Canada Infrastructure Bank (the Bank) promised to significantly transform Canada's project development landscape. Three years later, that promise has yet to be fulfilled.Mon, 21 Sep 2020 00:00:00 Z36b67492-a13e-4273-a28d-e64062385470https://gowlingwlg.com/en-FR/insights-resources/client-work/2020/pamlico-capital-completes-growth-investmentOn September 16, 2020, Pamlico Capital ("Pamlico") and the management team of ISAAC Instruments Inc. ("ISAAC" or the "Company") announced that Pamlico had completed a growth investment in the Company. Co-founders Jacques DeLarochellière, David Brillon and Jean-Sébastien Bouchard will maintain significant ownership in ISAAC and will continue to manage the growth of the Company alongside its current management team.Wed, 16 Sep 2020 00:00:00 Z7c0d0199-92b6-4586-9fe9-644f6b0bd39ehttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/climate-change-impact-on-financial-servicesWith so many developments and momentum more generally in this area of ESG, it's a timely point to consider why climate change is such an important issue for those involved in in the financial sector.Thu, 10 Sep 2020 14:47:00 Z59ad280d-0c5d-497f-9c23-9085c72cc94bhttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/fca-bans-motor-finance-modelsFCA set to save consumers £millions a year by banning discretionary commission motor finance modelsMon, 24 Aug 2020 15:36:00 Z5ee7cbaa-5eb7-423a-870d-87aef6ca9efdhttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/aug-10-canadian-financial-regulatory-updatesOffice of the Superintendent of Financial Institutions (OSFI), Financial Services Regulatory Authority of Ontario (FSRA), Autorité des marchés financiers (AMF), British Columbia Financial Services Authority (BCFSA), and Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) adjust regulations and guidance for banks, credit unions, financial intermediaries and other market participants.Wed, 12 Aug 2020 00:00:00 Z23c115cc-b85b-4d3c-bfe1-a330448266afhttps://gowlingwlg.com/en-fr/insights-resources/client-work/2020/newark-venture-partners-seed-funding-roundOn August 5, 2020, Toronto-based FleetOps raised $6 million in seed funding. The round was co-led by Inspired Capital and Resolute Ventures, along with Hike Ventures, Basecamp Fund, Newark Venture Partners, BCF Ventures, Panache Ventures and Brian Thomas.Wed, 05 Aug 2020 00:00:00 Z91f5c0c5-3a02-40b5-9b3a-a0a8d90b60d2https://gowlingwlg.com/en-FR/insights-resources/articles/2020/key-covid-19-considerations-for-your-businessThis document provides the latest updates on four key areas - contracts, employment, insolvency & director duties and government economic support - across multiple jurisdictions.Tue, 04 Aug 2020 17:52:00 Z43249bf6-7722-418e-904a-f36f81eeb356https://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2020/strategies-for-patent-litigation-claimants-viewIn the sixth and seventh episodes in our series, 'Lifecycle of a Smart Idea', Gowling WLG's IP professionals from around the world examine patent litigation strategy in the early stages.Mon, 27 Jul 2020 00:00:00 Z6e992730-5dd1-495e-8b2b-19dacec7bba5https://gowlingwlg.com/en-FR/insights-resources/articles/2020/uk-merger-control-part-twoFurther to the UK government's recent addition of a new public interest criterion under the UK merger control regime, further revisions to the regime have now been enacted.Thu, 23 Jul 2020 00:00:00 Zb6f30d4e-6c94-4a57-9c47-a2a0d81b99fahttps://gowlingwlg.com/en-fr/insights-resources/articles/2020/uk-merger-control-key-legal-considerationsWhen planning a transaction, it is increasingly important for parties to consider fully the potential application of merger control regimes worldwide.Tue, 14 Jul 2020 14:46:00 Z9cef636d-d675-4ae8-b2fe-869bd788f876https://gowlingwlg.com/en-FR/insights-resources/articles/2020/challenges-of-collecting-from-beneficial-landownerIn the case of 1842752 Ontario Inc. v. Fortress Wismer 3-2011 Ltd., the Ontario Court of Appeal held that a judgment creditor is not entitled to enforce a writ of seizure and sale against a registered owner that beneficially holds land in trust for a judgment debtor, nor to priority over arm's length construction financing.Mon, 13 Jul 2020 00:00:00 Zfd05e775-caf9-454d-ae3e-7f548e4779fchttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/covid-pension-regulation-amendmentsBanks and other lender financial institutions should take note of new draft regulations to the Income Tax Act presented by the Canadian federal government on July 2. Among the changes is relief to the borrowing restrictions which govern registered pension plans.Fri, 03 Jul 2020 00:00:00 Za37ee858-2266-4a2d-a080-1e15ca8faaadhttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/supply-contracts-under-the-new-cigaSupply contracts typically contain terms that allow suppliers to terminate their customer relationship on the customer's insolvency.Thu, 02 Jul 2020 08:44:00 Z7b70394c-dc80-4f91-8836-ad8b016c7507https://gowlingwlg.com/en-FR/insights-resources/client-work/2020/wsib-conducts-pension-plan-conversionOn July 1, 2020, Ontario's Workplace Safety and Insurance Board (WSIB) and the Ontario Compensation Employees Union converted WSIB's $3.5 billion defined benefit, single employer pension plan (SEPP) to a jointly sponsored pension plan (JSPP) that is now administered by an independent Board of Trustees.Wed, 01 Jul 2020 00:00:00 Ze732a7a4-dd3c-4547-99fb-37e11d6535dfhttps://gowlingwlg.com/en-fr/insights-resources/articles/2020/june-26-canadian-financial-regulatory-covid-19Despite the challenges to the global economy and significant pressures on the financial sector, Canada's financial regulators continue to issue guidance explaining and expanding the regulatory requirements applicable to financial institutions.Mon, 29 Jun 2020 14:12:00 Z09a98ec8-3e10-4c61-b7a0-9660811e593chttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/uk-merger-control-and-government-interventionThe UK government recently made and proposed revisions to the UK merger control regime, which are intended to increase its ability to intervene in transactions and investments affecting certain aspects of the UK economy.Thu, 25 Jun 2020 00:00:00 Z5b54c3db-93a6-406b-9063-549ed647a950https://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2020/patent-strategy-optimizing-life-sciences-patentsThird on-demand webinar in our 'Lifecycle of a Smart Idea' series exploring the scope of patent protection across jurisdictions.Tue, 23 Jun 2020 00:00:00 Z65715fc8-2531-4c8e-bd27-1a2f7c35c1d3https://gowlingwlg.com/en-FR/insights-resources/articles/2020/canadian-mortgage-enforcement-processes-covid-19In light of the current COVID-19 pandemic, Gowling WLG's Recovery Services Practice Group has assembled the following information about COVID-19's impact on the mortgage enforcement process in each of the provinces and territories.Mon, 15 Jun 2020 19:35:00 Zaa0ea6a6-f291-4cc2-8e75-b060cf404a82https://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2020/trade-secrets-international-protectionThe second webinar in our 'Lifecycle of a Smart Idea' series, taking a closer look at protecting trade secrets.Mon, 08 Jun 2020 00:00:00 Z7b2e23f1-17ce-4a85-8abf-bd3739aed29chttps://gowlingwlg.com/en-fr/insights-resources/articles/2020/urbancorp-cumberland-2-gp-inc-re-2020-onca-197In a decision released on March 11, 2020, the Ontario Court of Appeal provided reassurance for those in the construction industry of the effectiveness of section 9(1) of the Construction Act, RSO c C.30 (CLA) in insolvency proceedings.Thu, 04 Jun 2020 00:00:00 Z97c2aafc-0c8b-4427-9020-e7c3a4e434d6https://gowlingwlg.com/en-fr/insights-resources/articles/2020/protection-of-secrets-in-patent-infringementThe need to strengthen procedural protection of trade secrets in patent infringement proceedings has recently taken shape. Speech is silver, but silence is golden.Tue, 02 Jun 2020 00:00:00 Zd8083604-40f9-4a36-bf89-20b6b74de47fhttps://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2020/managing-conduct-risk-webinarConduct Risk has been a defining theme of the Financial Conduct Authority and whilst Conduct Risks might be blindingly obvious once in front of you, they may be difficult to spot in advance. It is therefore essential for businesses to understand what conduct Risk means, identify the risks and drivers to protect themselves and ensure markets remain clean.Tue, 26 May 2020 00:00:00 Z71fa5bd2-7f56-49f8-b827-985a8cd1867fhttps://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2020/raising-private-capital-challenging-circumstancesWhile provinces are in the first phase of reopening, many startups are determining the impact of COVID-19 on their business operations and what the "new normal" may look like. For many founders and entrepreneurs the pandemic has lead to the possibility of declining revenues and increased costs which result in an even greater challenge to obtain early stage funding for their innovative businesses.Mon, 25 May 2020 00:00:00 Zb7a03ef2-86a3-4366-a4ff-bfae418820dfhttps://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2020/early-stage-investing-challengesMany early stage businesses and their investors have been significantly impacted by COVID-19. In recent years much of the growth in Canada's economy has come from innovation led by creative founders and their savvy investors.Wed, 20 May 2020 14:28:00 Z3c7aa538-686d-44c4-a748-27e57f250851https://gowlingwlg.com/en-FR/insights-resources/articles/2020/will-covid-19-usher-a-new-normal-for-pensionsWill COVID-19 usher in a 'new normal' in pensions? Or will it accelerate trends that were already evident before the crisis?Wed, 20 May 2020 00:00:00 Z813f118e-a98c-40f1-97b4-055b21a31378https://gowlingwlg.com/en-fr/insights-resources/articles/2020/ontario-electronic-chattel-paper-legislationAlmost two decades after the United States' enactment of similar legislation, amendments to the Ontario Personal Property Security Act ("PPSA" or the "Act") came into force on May 15, 2020, much to the anticipation of lenders, financiers, and lessors alike looking to digitize their commercial offerings with respect to chattel  paper.Tue, 19 May 2020 00:00:00 Zdb3d4769-f127-4447-a930-f2fa34bc72a6https://gowlingwlg.com/en-FR/insights-resources/articles/2020/amendments-oil-gas-conservation-pipeline-actsThe Government of Alberta recently made certain technical amendments to the Oil and Gas Conservation Act (the OGCA) and the Pipeline Act which may be of interest to insolvency practitioners and the financial services and oil and gas industries.Thu, 14 May 2020 00:00:00 Ze8c0c318-4b26-4ab2-9682-5f10c67a3e54https://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2020/to-patent-or-keep-secretGiven the frenetic pace of today's innovation lifecycle, do patents always afford the best protection of proprietary inventions?Thu, 14 May 2020 00:00:00 Zbfacf299-c64e-4574-a102-0574b5cb11aehttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/may-12-canadian-financial-regulatory-covid-19Since the publication of the latest article, there have been significant notices published by federal and select provincial financial services regulators. In this fourth article, we have compiled the key notices and set out links to the regulators' websites from up to and including May 11, 2020.Wed, 13 May 2020 15:00:00 Z7c654c1b-13a8-4eea-a852-f3ea59dd99fehttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/financial-regulators-expanding-their-reachDespite the challenges to the global economy and significant pressures on the financial sector, Canada's financial regulators continue their regulatory work that has not been impacted by COVID-19 considerations by forging ahead with consultations and expanding their regulatory reach.Wed, 13 May 2020 00:00:00 Z0131a0bf-7ef1-4eae-99de-0c3e32cdcb39https://gowlingwlg.com/en-FR/insights-resources/articles/2020/covid-19-state-guaranteed-loans-in-franceArticle 6 of the French amending finance law for 2020 of 23 March 2020 n° 2020-289 provides that the French State may guarantee loans.Thu, 07 May 2020 10:25:00 Z799ad0c6-f835-40cf-ab0a-352c7a6ee487https://gowlingwlg.com/en-fr/insights-resources/client-work/2020/gowling-wlg-advised-on-hauts-de-lune-wind-farmGowling WLG has advised Crédit du Nord in the financing of a wind power project worth more than €23 million.Mon, 04 May 2020 00:00:00 Z28f127ce-d017-47cf-88e4-b85553915614https://gowlingwlg.com/en-FR/insights-resources/articles/2020/covid-19-the-risk-of-fraud-in-a-crisisWith rising fear that the economic fallout due to COVID-19 will be likened to the Great Depression, business are accepting new opportunities with haste. This can, however, leave businesses at serious risk of fraud.Mon, 27 Apr 2020 00:00:00 Zb138c23d-a98d-4db7-80e3-0c85939bf70chttps://gowlingwlg.com/en-fr/insights-resources/client-work/2020/gt-ss-capital-canada-inc-steel-city-shredOn April 22, 2020, GT & SS Capital Canada Inc., a private equity investment firm based in Bolton, Ontario, acquired Steel City Shred, a privately-owned auto shredding company based in Hamilton, Ontario.Wed, 22 Apr 2020 06:43:00 Z48348d12-7d50-49b7-a84f-00c96ef9610chttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/covid-19-fundamentally-reshapes-the-fca-planGiven the onset of the global pandemic, the FCA has decided to focus its resources on those markets where it sees the greatest potential harm.Tue, 14 Apr 2020 10:15:00 Z7e88ad30-e646-423f-88f6-8a7525d45b76https://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2020/the-impact-of-covid-19-on-financial-services-firmsJoin us for our COVID-19 Financial Services and Employment webinar hosted by Ian Mason, Sushil Kuner, and Simon Stephen.Tue, 14 Apr 2020 00:00:00 Z1321da88-e8aa-4d67-9682-a9d3a9d81d43https://gowlingwlg.com/en-FR/insights-resources/client-work/2020/continental-currency-exchange-sold-to-paceOn April 14, 2020, PACE Savings & Credit Union Limited ("PACE") and Scott Penfound announced that PACE had completed the acquisition of all of the outstanding shares of Continental Currency Exchange Canada Ltd. ("CCE").Tue, 14 Apr 2020 00:00:00 Zc2c2fb75-9ae1-459b-83b7-180cf874f5c9https://gowlingwlg.com/en-fr/insights-resources/articles/2020/update-on-canadian-financial-regulatory-april-6Canada's financial regulators have advised that they are reviewing and temporarily revising certain regulatory requirements for financial institutions and stakeholders during this time. This is the update to our first articles on this topic.Mon, 06 Apr 2020 14:24:00 Z6a4c13e5-f188-4cee-a4dd-fbb5c84f7a61https://gowlingwlg.com/en-FR/insights-resources/articles/2020/covid-19-processing-personal-dataGovernment, public, and private organisations are urgently taking measures to contain and mitigate the virus, some of which have implications on the processing of personal data.Fri, 03 Apr 2020 00:00:00 Zbaf71c27-deb5-4fb0-9525-d721dd4ccb2chttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/lender-responses-to-pre-emptive-drawsThe full economic impact of the COVID-19 pandemic (the Pandemic) remains an unknown.Thu, 02 Apr 2020 00:00:00 Zd5788024-9233-48e4-b8c5-6f9abcc88a47https://gowlingwlg.com/en-FR/insights-resources/articles/2020/covid-19-and-uk-merger-controlAlthough many companies have put their 'pre-crisis' acquisition plans on hold, the fallout from the current outbreak is likely to present certain companies with opportunities to acquire distressed firms, or the assets of such firms.Wed, 01 Apr 2020 10:01:00 Z82201270-0dc1-4db7-9617-a8daf029db90https://gowlingwlg.com/en-fr/insights-resources/articles/2020/covid-19-coronavirus-job-retention-scheme-detailWhen reading the HMRC Guidance it is important to remember that the guidance is for what employers can claim via the Scheme not guidance on employee rights. Here we look at the key points of guidance and highlight some of the employment law issues raised as a result.Mon, 30 Mar 2020 12:42:00 Z6b6cf8d8-dd1f-4e74-b544-23d1ee40029dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/the-month-in-pensions-march-2020This month, we take a look at Business Continuity in a Time of Crisis.Mon, 30 Mar 2020 00:00:00 Zc0acf6e5-0a6e-4906-ab95-23b0231cc174https://gowlingwlg.com/en-FR/insights-resources/articles/2020/covid-19-uk-holiday-leave-permissible-carry-overOn 27 March the Government amended the Working Time Regulations 1998 (WTR) to allow carry forward of up to four weeks accrued holiday leave.Fri, 27 Mar 2020 00:00:00 Z8cc9b8c0-72ad-4c30-b42e-39fbea9ef1b6https://gowlingwlg.com/en-FR/insights-resources/articles/2020/10-things-for-lenders-to-think-capitalize-interestIn the current environment, lenders and banks may wish to be supportive of their borrower clients who are looking to protect cash flow.Thu, 26 Mar 2020 00:00:00 Zaca6c2c5-02e3-4d09-91ac-40f9872aab96https://gowlingwlg.com/en-FR/insights-resources/articles/2020/covid-19-coronavirus-job-retention-schemeWe look at how the 'Job Retention Scheme' proposed by Chancellor, Rishi Sunak, will affect employers and employees.Mon, 23 Mar 2020 14:10:00 Zd9a2506a-b976-415f-9de5-7a04089ea4e5https://gowlingwlg.com/en-fr/insights-resources/articles/2020/covid-19-canadian-financial-regulators-march-19OSFI, ONTARIO FSRA, FINTRAC, Autorité des marchés financiers and BC FINANCIAL SERVICES AUTHORITY adjust regulations and guidance for banks, credit unions, financial intermediaries and other market participants.Thu, 19 Mar 2020 16:57:00 Z292e349e-124a-4e48-b3e2-5eaa3f713742https://gowlingwlg.com/en-FR/insights-resources/articles/2020/coronavirus-a-new-regulatory-risk-facing-uk-firmsOn 4 March 2020, the FCA published a statement in which it made clear its expectations of firms having adequate contingency plans in place to deal with major events, including the Coronavirus Disease (COVID-19).Mon, 16 Mar 2020 00:00:00 Zd01f5aac-a064-4926-ae64-a2fd139613aehttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/covid-19-contract-in-canada-force-majeure-clauseOn March 11, 2020, the World Health Organization officially designated the outbreak of COVID-19, otherwise known as coronavirus, as a global pandemic. In recent weeks, this unforeseen global event has grown into significant health crisis, one that is already disrupting business operations and affecting trade and profits across multiple sectors. In this article, we look at what happens if your contract/agreement does not have a force majeure clause.Fri, 13 Mar 2020 00:00:00 Zdd8b1ab7-30c8-4720-ae48-7ff02659859ehttps://gowlingwlg.com/en-fr/insights-resources/client-work/2020/mip-acquires-hamilton-spectator-buildingOn March 3, 2020, McMaster Innovation Park ("MIP") announced its acquisition of The Hamilton Spectator building at 44 Frid Street in Hamilton, Ontario. MIP plans to convert the building into a state-of-the-art hub complete with labs and office space for emerging life sciences companies.Tue, 03 Mar 2020 00:00:00 Z797fc31b-1334-45b4-a0d6-8fa64a06019dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/fca-announces-new-rules-for-open-ended-fundsThe FCA published its Policy Statement (PS19/24) on 30 September 2019, outlining new rules for certain types of open-ended funds, known as NURSs that invest in inherently illiquid assets.Fri, 28 Feb 2020 11:04:00 Z38884bb7-115c-4b14-bf55-02dfc90e82b8https://gowlingwlg.com/en-FR/insights-resources/client-work/2020/curtiss-wright-completes-acquisitionOn February 28, 2020, Curtiss-Wright Corporation (NYSE: CW) ("Curtiss-Wright") acquired the stock of Dyna-Flo Control Valve Services Ltd. ("Dyna-Flo") for $81 million in cash.Fri, 28 Feb 2020 00:00:00 Z018b0ee9-4703-4dd4-8a1c-755fcea97445https://gowlingwlg.com/en-FR/insights-resources/articles/2020/how-to-restart-business-operations-china-covid-19Since end of January 2020, the rapid outbreak of COVID-19 and implementation by the Chinese authorities of epidemic control measures to the highest degree have caused havoc in people's daily lives, consumer spending, business and manufacturing operations, supply chains and logistics. This crisis causes major disruptions in China's economy, with ripple effects in the rest of the world.Thu, 27 Feb 2020 12:32:00 Z184f383a-cec4-4922-8f79-bf8b7491c37dhttps://gowlingwlg.com/en-fr/insights-resources/articles/2020/privilege-do-regulators-powers-override-itGowling WLG's dispute resolution experts consider the Court of Appeal's decision in Sports Direct International Plc v The Financial Reporting Council.Fri, 21 Feb 2020 11:18:00 Z231d89b7-0ac7-46ba-914b-c5c642798750https://gowlingwlg.com/en-fr/insights-resources/articles/2020/using-e-signatures-on-finance-transactionsOur Banking & Finance experts examine the issues that might arise in practice when assessing the use and impact of electronic signatures on finance transactions.Tue, 18 Feb 2020 00:00:00 Z477f6c8c-7449-4909-a678-c927f26e2213https://gowlingwlg.com/en-fr/insights-resources/client-work/2020/pattullo-project-reaches-financial-closeOn Feb. 10, 2020, Aecon Group Inc. (TSX: ARE) announced that Fraser Crossing Partners had reached financial close on the Pattullo Bridge Replacement Project in British Columbia. The total contract is valued at $967.5 million.Mon, 10 Feb 2020 00:00:00 Zaae51f4a-53db-474e-b2a6-3d0b45d8d083https://gowlingwlg.com/en-fr/insights-resources/articles/2020/standalone-mortgage-guarantees-subject-to-10-yearThe lender's claim against the personal guarantors was based upon certain personal standalone mortgage guarantees.Tue, 28 Jan 2020 00:00:00 Z41991273-3773-439d-8b35-cc2b51687bbchttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/iiroc-introduces-mandatory-cyber-breach-reportingThe Investment Industry Regulatory Organization of Canada (IIROC) has extended its vigilance over the cyber security posture of its Dealer Members by introducing mandatory cyber breach reporting.Tue, 28 Jan 2020 00:00:00 Z8a58c2f0-a8f3-4c4f-b6da-2a7b32b7855bhttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/adoption-of-a-fourth-protocol-to-the-cape-town-conThe Protocol to the Convention on International Interests in Mobile Equipment on Matters specific to Mining, Agricultural and Construction Equipment was adopted on November 22, 2019 by a number of countries.Tue, 28 Jan 2020 00:00:00 Z2f0e02e3-c8c2-4804-a447-3fa3fb2a17bbhttps://gowlingwlg.com/en-FR/insights-resources/articles/2020/2020-vision-towards-a-canadian-digital-currencyIn his final year-end speech, retiring Governor Stephen S. Poloz noted that the 2020 agenda for the Bank of Canada will include coming to grips with the impact of digital technology.Tue, 28 Jan 2020 00:00:00 Zcb4dd43d-9deb-4b33-b06f-3242d52b2852https://gowlingwlg.com/en-fr/insights-resources/client-work/2020/gowling-wlg-advises-on-860m-global-settlementGowling WLG has defended claims against two corporate trustees which arose out of the notorious Bernard Madoff Ponzi scheme - bringing to an end 11 years of litigation.Mon, 13 Jan 2020 00:00:00 Ze747b832-6549-4ab5-a6a1-508af21209fdhttps://gowlingwlg.com/en-fr/insights-resources/articles/2020/ir35-review-announced-but-date-unchangedThe existing public sector restrictions and rules on off-payroll working (IR35) will be extended to medium and large private sector employers from 6th April 2020.Thu, 09 Jan 2020 11:20:00 Z23ff5c2e-c0e5-4fbe-9cef-2104197ba5e5https://gowlingwlg.com/en-FR/insights-resources/client-work/2020/canadian-hospital-specialties-acquires-carestreamOn Jan. 6, 2020, Canadian Hospital Specialties Limited ("CHS") announced the acquisition of Canadian operations of CAREstream Medical, the leader in the field of respiratory and anesthesia solutions and supplies.Mon, 06 Jan 2020 00:00:00 Z24a67819-61ff-4e6a-91c3-35ed28a97501https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/westleaf-consolidates-and-increases-credit-facilitOn December 23, 2019, cannabis company Westleaf Inc. (TSXV: WL) (OTCQB: WSLFF) and We Grow B.C. Ltd. announced the completion of the previously announced plan of arrangement under Division 5 of Part 9 of the Business Corporations Act (British Columbia) involving Westleaf, We Grow and certain securityholders of We Grow.Mon, 23 Dec 2019 12:00:00 Zcb260cdd-5345-4789-828d-ec7e80962f94https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/gowling-wlg-advises-cenkos-securities-on-mj-hudsonGowling WLG has advised Cenkos Securities, the nominated adviser and broker, on MJ Hudson Group plc's admission to the AIM market of the London Stock Exchange.Thu, 12 Dec 2019 00:00:00 Zfb8b41b1-b66b-4efe-93cc-b4e586094edfhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2019/gowling-wlg-advises-on-octopus-renewables-ipoGowling WLG's top ranked Investment Funds team has advised new client, Octopus Renewables Infrastructure Trust plc on its IPO which raised £350 million.Tue, 03 Dec 2019 00:00:00 Ze888cfe6-f7ee-40ca-bfc1-7bb482e8a665https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/gowling-wlg-advises-codemasters-on-acquisitionGowling WLG is advising leading video games maker Codemasters on its acquisition of racing simulation specialists, Slightly Mad Studios, with consideration payable of up to £151m and its associated £20m equity fundraising by way of a placing of new shares.Fri, 29 Nov 2019 00:00:00 Z749f2898-08cf-49b5-a639-77d5b8eda8f5https://gowlingwlg.com/en-FR/insights-resources/articles/2019/dismissing-an-employee-maternity-payOur employment and equalities experts consider the SMP tricky issues including 'bonus babies', 'offsetting' and 'exit packages'.Tue, 26 Nov 2019 11:29:00 Z5cf97853-7938-48e9-b7f4-aaca4eab9bb5https://gowlingwlg.com/en-FR/insights-resources/articles/2019/fca-cracks-down-on-commission-arrangements-betweenThe FCA has announced its proposals to address consumer harm in the motor finance market by banning commission models that incentivise brokers (including motor dealers) to increase a customer's interest rate.Tue, 19 Nov 2019 14:46:00 Z3980d350-26a8-4616-8034-950181130ef4https://gowlingwlg.com/en-FR/insights-resources/articles/2019/precast-concrete-cartel-and-the-cmaThe UK CMA has imposed fines of more than £36 million upon three suppliers of precast concrete drainage products for an infringement of UK and EU competition law.Wed, 06 Nov 2019 00:00:00 Zdfbf1fc3-a217-4332-a7d8-cd11cb238af6https://gowlingwlg.com/en-fr/insights-resources/articles/2019/canadian-secured-loan-transaction-foreign-assetsThe "governing law" clause, also known as "choice of law," allows parties to select the jurisdiction (e.g., Ontario law) whose laws will govern their contract when legal issues arise.Wed, 30 Oct 2019 19:48:00 Zf4053413-c57e-4a5a-95a5-58a20cba11f7https://gowlingwlg.com/en-FR/insights-resources/articles/2019/blocked-account-agreements-primerFor a lender providing an asset-based loan, establishing control over a borrower's collections accounts may be essential to ensuring the repayment of loans made to the borrower.Wed, 30 Oct 2019 19:39:00 Z1b266b0c-80ba-4b5e-8d26-9629397a78c1https://gowlingwlg.com/en-fr/insights-resources/articles/2019/commercial-agreements-the-reasonableness-standardIn drafting credit agreements, a borrower may qualify a consent or obligation of the lender with the standard of 'acting reasonably.'Wed, 30 Oct 2019 19:38:00 Zebf75437-3fdf-4be9-8e84-c8b8dc20db50https://gowlingwlg.com/en-FR/insights-resources/articles/2019/insolvency-provisions-of-the-cape-town-conventionA Canadian court order implemented, for the first time, 'Alternative A' of the insolvency provisions set out in the 'Convention' and the Protocol on the 'Aircraft Protocol'.Wed, 30 Oct 2019 19:31:00 Zcfa16d4d-2327-4bfd-983e-c8f1fd561308https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/novatech-acquires-laurierOn Oct. 25, 2019, Novatech Group Inc. announced the purchase of glass products manufacturer Laurier. Laurier will now be known as Laurier Architectural.Fri, 25 Oct 2019 00:00:00 Z99723fa8-3c52-4f31-b285-f1719d6d8a37https://gowlingwlg.com/en-FR/insights-resources/articles/2019/who-will-pay-the-costs-of-cryptoasset-regulationWe explore the FCA's recent proposals for how it intends to recover the costs of its new role from the very cryptoasset businesses it will supervise, which cryptoasset businesses will be subject to FCA supervision and what those firms need to be doing to register with the FCA.Tue, 22 Oct 2019 15:00:00 Zce7f17ad-9705-4e7a-aa13-db38280ba164https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/snap-projections-acquired-by-wealthbar-financial-sOn October 21, 2019, WealthBar Financial Services Inc., a leading Canadian wealth management platform and a subsidiary of CI Financial Corp. (TSX: IX), announced that it had acquired Snap Projections Inc.Mon, 21 Oct 2019 00:00:00 Z9965946c-64fc-4e1b-be39-22a8433098cfhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2019/interrent-reit-acquires-5160-avenue-gatineauOn Oct. 1, 2019, InterRent Real Estate Investment Trust (TSX: IIP.UN) acquired 5160 Avenue Gatineau, a 6-storey residential building located within the Côte-des-Neiges-Notre-Dame-de-Grâce neighbourhood in Montreal.Tue, 01 Oct 2019 00:00:00 Z22090e1b-45ee-402f-ab76-cd95d51679bahttps://gowlingwlg.com/en-fr/insights-resources/articles/2019/ir35-private-sector-reformWe unpack the 'who, what and when' of the draft legislation and HMRC guidance and their potential impact on employers.Mon, 30 Sep 2019 10:35:00 Ze84bbaa9-6301-4131-ad19-2cd0b6c121e3https://gowlingwlg.com/en-fr/insights-resources/articles/2019/fca-publishes-final-rules-on-extension-of-the-smcrThe FCA published its Final Rules on the extension of the SMCR to all solo-regulated firms in July 2019Thu, 26 Sep 2019 11:03:00 Z84d6bf47-d256-4d5c-8fef-f758245f104dhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2019/metro-bank-advised-on-two-west-midlands-storesInternational law firm Gowling WLG has advised Metro Bank on two of its first store openings in the West Midlands.Wed, 21 Aug 2019 00:00:00 Z7a830c4a-0457-483c-b401-808af96b4439https://gowlingwlg.com/en-FR/insights-resources/articles/2019/adgm-s-new-digital-investment-frameworksThe ADGM's Financial Services Regulatory Authority (FSRA) recently issued guidance on digital investment.Wed, 07 Aug 2019 11:04:00 Zdb8a19c6-65d2-4c24-a029-c9916a8d7215https://gowlingwlg.com/en-FR/insights-resources/articles/2019/fca-s-regulatory-perimeter-on-cryptoassetsWe discuss the recent news regarding the FCA's position on Cryptoassets.Wed, 07 Aug 2019 00:00:00 Z542c8f2b-f84b-4ad2-b370-84fe5e2fe2f5https://gowlingwlg.com/en-FR/insights-resources/articles/2019/the-beginning-of-the-end-of-cdorOn July 16, the Bank of Canada announced an intention to be the administrator (replacing Refinitiv) of the Canadian Overnight Repo Rate Average (CORRA)Wed, 24 Jul 2019 00:00:00 Z5602bdca-ef90-4a48-9a6c-25a513e8d90chttps://gowlingwlg.com/en-FR/insights-resources/articles/2019/notice-change-to-alberta-personal-property-registThe Alberta Personal Property Registry (the “PPR”) has recently advised of a change with respect to PPR registrations in Alberta. Currently, when registering a financing statement (or financing change statement) in Alberta, a mailing address must be provided for each secured party that is included on the registration. An email address field has recently been added to the secured party block for all registrations. Including an email address will be optional, but recommended, until October 15, 2019 at which point it will become mandatory.Wed, 24 Jul 2019 00:00:00 Zc631c186-0526-43b9-b606-be2611600504https://gowlingwlg.com/en-FR/insights-resources/articles/2019/lawyers-re-engage-on-anti-money-launderingThe Working Group states that its mandate is to 'explore issues relating to money laundering and terrorist financing that may arise in the practice of law and to strengthen information sharing between the regulators of the legal profession and the government of Canada'.Wed, 24 Jul 2019 00:00:00 Z8519944d-9a64-49e1-a119-db78e8ddb994https://gowlingwlg.com/en-FR/insights-resources/articles/2019/to-vest-or-not-to-vest-interests-in-landOn June 19, 2019, the Ontario Court of Appeal released its decision in Third Eye Capital Corporation v. Ressources Dianor Inc./Dianor Resources Inc.Wed, 24 Jul 2019 00:00:00 Z7f64e732-319f-4de7-9a04-77ca21caf7b7https://gowlingwlg.com/en-FR/insights-resources/articles/2019/who-s-first-taking-a-pmsi-in-inventoryIn personal property security law the goal of secured creditors is to have priority relative to other secured creditors who have taken security interests in the same collateral.Wed, 24 Jul 2019 00:00:00 Ze26ff3a4-e4f6-4bbb-9496-d2a60549b77dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2019/do-you-know-where-your-debtor-isThe information needed to register a financing statement in order to perfect a security interest includes not just who the debtor is and what collateral is charged, but also where the debtor is located.Wed, 24 Jul 2019 00:00:00 Zf8d9cfeb-6ec4-4c30-a146-80081cbca7d0https://gowlingwlg.com/en-FR/insights-resources/articles/2019/electronic-credit-contracts-and-signatures-under-qCan a consumer enter into a valid credit contract online under Quebec consumer law? Spoiler: The answer is yes.Wed, 24 Jul 2019 00:00:00 Zb0f9a00a-77a0-44be-90ff-eaadd90ce06bhttps://gowlingwlg.com/en-FR/insights-resources/articles/2019/are-you-safeguarding-customer-funds-compliantlyOn 4th July 2019, the FCA released the findings from its recent review of non-bank payment service providers (PSPs).Wed, 10 Jul 2019 00:00:00 Z6c1b6288-097b-49a1-a900-b6cc3455a92ehttps://gowlingwlg.com/en-FR/insights-resources/client-work/2019/sol-global-completes-50-million-debentureOn July 8, 2019, SOL Global Investments Corp. (CSE: SOL) (OTCQB: SOLCF) (Frankfurt: 9SB) announced that it had completed a $50 million private placement financing by way of the issue and sale of a senior secured non-convertible debenture to an arm's length institutional investor.Mon, 08 Jul 2019 00:00:00 Za80d3a38-07aa-402c-bf74-1d076fbe8e83https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/gowling-wlg-advises-h-t-group-plc-on-share-placingGowling WLG is advising H&T Group plc on its proposed acquisition of 65 trading stores and a further 29 pledge books.Wed, 03 Jul 2019 00:00:00 Zd0b09ccb-7a9b-4dea-b1df-2bf920c65c8chttps://gowlingwlg.com/en-FR/insights-resources/client-work/2019/gowling-wlg-advises-nvm-private-equityGowling WLG has advised NVM Private Equity (NVM) on its £7 million investment into Chemigraphic, the leading provider of EMS to the fast-growth medical technology, defence and power systems sectors.Wed, 03 Jul 2019 00:00:00 Z3286930a-c898-426c-8633-627a09021d50https://gowlingwlg.com/en-fr/insights-resources/articles/2019/eu-aifmd-new-rules-for-pre-marketing-fundsThe CBDD amends the AIFMD and introduces new rules for the pre-marketing of alternative investment funds in the European Union.Thu, 27 Jun 2019 00:00:00 Z80b95df3-a47f-4a05-b1e1-a99a217a222bhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2019/canadian-hospital-specialties-acquires-ryan-medicaOn June 26, 2019, Canadian Hospital Specialties Limited ("CHS"), a portfolio company of private equity firm Cortec Group, acquired Ryan Medical Distributors Inc., a privately-owned Canadian distributor specializing in premium medical products for cardiac surgery and perfusion.Wed, 26 Jun 2019 00:00:00 Z57194ae5-f685-4ef0-943f-32a3ac4d7c10https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/gowling-wlg-advises-on-120-million-aim-ipoGowling WLG has advised Argentex on its admission to the AIM market of the London Stock Exchange.Tue, 25 Jun 2019 00:00:00 Z1c4e9cc6-6fd7-4cf4-b455-210f0059e764https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/gowling-wlg-advises-asset-based-lenderOn June 21, 2019, Harold Chataway, Thomas Subic and Richard Dusome acted on behalf of an asset based lender in completing $49 million in aggregate credit facilities for a Canadian food importer and distributor.Fri, 21 Jun 2019 00:00:00 Z5ccb608b-6211-4cf5-bcc6-0d7b21f0c1d3https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/dawn-foods-completes-cross-border-acquisitionOn June 21, 2019, Dawn Food Products (Dawn Foods) acquired from Ardent Mills an ingredient mix facility in Burlington, Ontario and Ardent Mills' sweet goods business in Canada. Financial terms of the transaction were not disclosed.Fri, 21 Jun 2019 00:00:00 Z2a7f134c-d11b-46a2-aaa2-8ef9b8cc6c90https://gowlingwlg.com/en-FR/insights-resources/articles/2019/fca-releases-new-rules-for-crowdfunding-platformsThe FCA published its in Policy Statement (PS19/14) on 4 June 2019, outlining new rules for loan based ('peer-to-peer') platforms.Thu, 13 Jun 2019 08:50:00 Z9caa3cdf-dbcb-46a4-a6f6-06f089ace91fhttps://gowlingwlg.com/en-FR/insights-resources/articles/2019/conduct-risk-is-your-framework-fca-compatibleIn May 2019, the FCA published its third annual report on its five Conduct Questions Programme.Wed, 12 Jun 2019 09:11:00 Z39da53c6-9079-4913-9008-a249ed4409c7https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/gowling-wlg-advises-equiom-on-new-funding-dealGowling WLG has advised long-standing client Equiom on its partnership with global alternative investment firm, Värde Partners.Wed, 05 Jun 2019 00:00:00 Zb0d2a92f-f651-4658-8e7a-ce9081b5c9c4https://gowlingwlg.com/en-FR/insights-resources/podcasts/2019/international-data-breach-strategiesThe introduction of the GDPR has seen a surge in breaches being notified to regulators and many further breaches being reported in the media.Thu, 02 May 2019 11:45:00 Za7823035-f447-4681-aa5e-78d1b911a14ahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2019/gowling-wlg-advises-financial-institutions-215mGowling WLG advises syndicate of financial institutions on $215 million asset based loan arrangement for a North American steel processor and distributorThu, 02 May 2019 00:00:00 Zbd007edf-9041-404e-8f8d-8fa017ee04b3https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/l-b-foster-company-completes-financingOn April 30, 2019, L.B. Foster Company completed a financing which included amending and restating its revolving credit facility agreement.Tue, 30 Apr 2019 00:00:00 Z7d759950-06dc-4e34-85bd-c7125aaa77cfhttps://gowlingwlg.com/en-FR/insights-resources/articles/2019/a-banker-asked-us-what-s-the-differenceOver the past two decades, title insurance has gained significant traction in Ontario as a means of providing front-end comfort to owners and lenders alike with respect to purchases and financings of real estate.Mon, 29 Apr 2019 16:01:00 Z58e140b6-7117-463f-a49a-ecf58f8686a9https://gowlingwlg.com/en-fr/insights-resources/articles/2019/what-s-in-a-name-postponement-subordinationAs to payments, creditors are free to agree as between themselves as to who is paid when. As to security interests, the Personal Property Security Act (the 'Act") has complex priorities rules that determine the priority between competing security interests to the same collateral.Mon, 29 Apr 2019 00:00:00 Z9d05e9fc-1468-4a85-bebc-fd2a31206f4ehttps://gowlingwlg.com/en-fr/insights-resources/articles/2019/budget-2019-reconfirms-government-interest-in-openThe 2019 federal budget has continued to explicitly reference the Canadian government's interest in open banking. First surfaced in the 2018 federal budget, an Advisory Committee on Open Banking was established in September 2018 and that committee launched a Review into the Merits of Open Banking in January of 2019.Mon, 29 Apr 2019 00:00:00 Z2babc7db-42d0-40fe-bf9e-16c0e2eb7772https://gowlingwlg.com/en-fr/insights-resources/articles/2019/commercial-reality-interest-disclosureIn an expedited hearing, the Ontario Court of Appeal provided certainty to lenders, holding that (i) annualizing interest rate formulas can satisfy the requirements of section 4 of the Interest Act (Canada) and (ii) absent evidence of an attempt to circumvent the legislation, the section 4 remedy of limiting interest to 5% per annum is only applicable to the non-compliant interest provision.Mon, 29 Apr 2019 00:00:00 Zb9cfda12-d0f0-454a-9dc2-1f697fa5394bhttps://gowlingwlg.com/en-FR/insights-resources/articles/2019/amendments-to-the-canada-business-corporations-actThe CBCA amendments in the act introduced the requirement to record individuals (a natural person) who have significant control over a corporation.Mon, 29 Apr 2019 00:00:00 Z277ab9cf-e645-4999-885e-582580c8e152https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/gowling-wlg-advises-professional-services-companyGowling WLG advises large international professional services company on US$375 million syndicated multi-jurisdictional credit arrangementWed, 17 Apr 2019 00:00:00 Zcc0bc398-e8c5-48b4-a67a-211af1b261cehttps://gowlingwlg.com/en-fr/insights-resources/client-work/2019/doxim-acquires-messagingdirectGowling WLG advises Doxim on the acquisition of MessagingDirect, Ltd.Thu, 28 Mar 2019 00:00:00 Z2bcea8c3-87e4-4a6e-bb9e-5c81271da1dfhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2019/gowling-wlg-advises-financial-institutions-160-milAdvised the lending group with respect to the completion of $160 million in credit facilities.Wed, 27 Mar 2019 00:00:00 Z55b847d8-9d9d-4548-b493-f1712c4d984chttps://gowlingwlg.com/en-FR/insights-resources/articles/2019/should-your-business-invest-in-blockchainShould businesses invest in blockchain technology to benefit their operations and processes? We explore how it is making an impact across industries.Thu, 21 Mar 2019 13:20:00 Z209d2858-bf5e-49b0-9cf2-2a36d31d542ehttps://gowlingwlg.com/en-FR/insights-resources/articles/2019/fca-clarifies-cryptoasset-regulationCompared with some other regulators globally, the Financial Conduct Authority has been 'hands off' in its approach to the fast-growing and often controversial crypto industry.Tue, 19 Mar 2019 00:00:00 Ze2f2dcfe-9f36-4c84-810b-ec5be00be60bhttps://gowlingwlg.com/en-fr/insights-resources/articles/2019/risks-facing-acquiring-companiesOn 14 March 2019, the Court of Justice delivered a landmark judgment regarding the liability of acquiring companies to compensate third parties for infringements of EU competition law committed by acquired companies.Mon, 18 Mar 2019 00:00:00 Zdadb6904-a553-4a62-8cd2-daf5b005769ehttps://gowlingwlg.com/en-FR/insights-resources/articles/2019/a-z-glossary-private-equity-and-venture-capitalA-Z glossary explaining the key terms used in private equity and venture capital.Thu, 14 Mar 2019 00:00:00 Z6109e04a-53ab-4ff7-bb5f-8aa1972e780chttps://gowlingwlg.com/en-FR/insights-resources/client-work/2019/gowling-wlg-advises-financial-institutionsGowling WLG acted on behalf of financial institutions in completing a $71 million credit facility used to construct a large retirement home.Wed, 06 Mar 2019 00:00:00 Z88a1a5bf-1e5f-44b2-b792-37e9903789b5https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/gowling-wlg-advised-ldc-on-investment-dealOn 19 February 2019, Evolution Funding announced that it had secured investment to support its expansion from leading mid-market private equity firm LDC.Tue, 05 Mar 2019 00:00:00 Z1d2d0d21-f549-4583-8c6f-93b9200e59a1https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/cooper-equipment-rentals-acquires-prime-rentalsOn March 1, 2019, Cooper Equipment Rentals Limited ("Cooper") acquired the business of Prime Rentals Ltd. in southern Alberta.Fri, 01 Mar 2019 00:00:00 Z3c157bed-ceb1-4f22-bbce-cd6a01064ca0https://gowlingwlg.com/en-fr/insights-resources/articles/2019/launch-of-the-ipsxA new regulated stock exchange, the International Property Securities Exchange (IPSX) has launched in January 2019 having received FCA approval and will become the first and only stock market dedicated to commercial real estate (CRE) assets.Thu, 21 Feb 2019 11:47:00 Zf79b7d86-4939-47f4-915d-61692eb98420https://gowlingwlg.com/en-FR/insights-resources/client-work/2019/doxim-acquires-market-connectionsOn Feb. 12, 2019, Doxim announced that it had acquired Market Connections, Inc. ("MCI"), a customer communications and campaign management technology provider to wealth management and other financial services organizations.Tue, 12 Feb 2019 00:00:00 Z9f175fed-c3ea-418e-9e92-4e5b881c3ef9https://gowlingwlg.com/en-fr/insights-resources/client-work/2019/avison-young-advised-on-acquisition-of-gvaGowling WLG has advised Avison Young, the world's fastest-growing commercial real estate services firm, on its acquisition of GVA.Mon, 04 Feb 2019 00:00:00 Ze7d17dc3-3634-4b01-8ff9-e96856604d5fhttps://gowlingwlg.com/en-fr/insights-resources/articles/2019/scc-releases-its-decision-in-redwaterOn January 31, 2019, the Supreme Court of Canada released its decision in Orphan Well Association, Alberta Energy Regulator v. Grant Thornton Limited and ATB Financial.Thu, 31 Jan 2019 00:00:00 Zec9332b8-db0b-4984-badb-b3d0fac9c1cbhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2019/montreux-healthcare-fund-acquires-independence-homOn 21 January 2019, The Montreux Healthcare Fund announced that it had acquired Independence Homes Ltd through its platform asset Active Assistance.Thu, 31 Jan 2019 00:00:00 Z4f4c121d-df7a-4be6-9e7f-2ebcdbabe4b9https://gowlingwlg.com/en-FR/insights-resources/articles/2019/the-fca-consults-on-optimising-the-smcrThe Financial Conduct Authority (FCA) has published its Consultation Paper 'Optimising the SMCR and Feedback to DP16/4 - Overall Responsibility and the Legal Function' to provide extra clarity on the SMCR and help firms adjust to the SM&CR.Mon, 28 Jan 2019 09:50:00 Z28957099-6542-4d44-9924-1d297dc0c216https://gowlingwlg.com/en-fr/insights-resources/articles/2019/fca-consults-on-cryptoassets-regulationGowling WLG's Financial Services Regulatory experts summarise the FCA's expectations regarding cryptocurrency and highlight the key considerations for firms.Mon, 28 Jan 2019 00:00:00 Zb076e3c4-4af9-4777-8510-91e522e8979ehttps://gowlingwlg.com/en-FR/insights-resources/articles/2019/cyber-security-the-focus-of-new-osfi-advisoryThe Office of the Superintendent of Financial Institutions (OSFI) today issued an advisory setting out new guidelines for how federally regulated financial institutions (FRFI) report technology or cyber security breaches.Fri, 25 Jan 2019 15:50:00 Zc99ea383-59fe-4120-8376-edcc99851823https://gowlingwlg.com/en-fr/insights-resources/articles/2019/changes-to-the-uk-s-trademarks-lawThe EU Trademarks Directive 2015 comes into force in the UK; bringing with it some key changes to the UK's legal system governing the application, registration, enforcement and licensing of trademarks.Mon, 14 Jan 2019 00:00:00 Z62515acc-a0f5-431e-b85b-fdb198049b22https://gowlingwlg.com/en-FR/insights-resources/articles/2019/brexit-cross-border-trade-challengesThe customs and trade perspectives have never been more important to consider, as the potentail for a no-deal Brexit intensifies.Fri, 11 Jan 2019 00:00:00 Z0df76f08-4dbd-4bbd-b3a2-1228fdf318achttps://gowlingwlg.com/en-FR/insights-resources/podcasts/2019/senior-managers-and-certification-regimeIn July 2018 the UK Financial Conduct Authority (FCA) published its near-final rules on extending the senior managers and certification regime (SMCR) to all firms regulated by the FCA.Fri, 04 Jan 2019 00:00:00 Z85950000-fd40-40e0-a420-8438e5bc9119https://gowlingwlg.com/en-FR/insights-resources/podcasts/2018/digital-protectionism-trade-and-the-wtoGowling WLG discusses the modernisation needed in order to tackle the challenges presented to free trade by both traditional and digital protectionism.Wed, 19 Dec 2018 00:00:00 Z7e66202d-c35a-46d5-9063-6920329cf04chttps://gowlingwlg.com/en-FR/insights-resources/articles/2018/a-gift-for-invoice-financiersLast January, our insight 'Invoice Finance 2018: Where next for bans on assignment' reported on a set of draft regulations which looked to reduce the effect of ban on assignment clauses (BoAs), which create a barrier to providing invoice finance.Fri, 14 Dec 2018 10:17:00 Z9d8a8e7d-d0fb-428b-8fd3-0fc9434afba3https://gowlingwlg.com/en-FR/insights-resources/client-work/2018/echelon-wealth-partners-acquires-dundee-securitiesOn Dec. 14, 2018, Echelon Wealth Partners Inc. ("Echelon") announced that it had acquired Dundee Securities Ltd. from Dundee Global Investment Management Inc.Fri, 14 Dec 2018 00:00:00 Z8dfbbf03-f175-4780-8012-8803ec818ae6https://gowlingwlg.com/en-FR/insights-resources/on-demand-webinars/2018/it-masterclass-gdpr-updateGowling WLG's IT Masterclass webinar gives a legal update on GDPR six months on.Fri, 30 Nov 2018 00:00:00 Z36bb9fbf-3053-4a03-9648-355458940a4ahttps://gowlingwlg.com/en-FR/insights-resources/podcasts/2018/understanding-electronic-signaturesWhat are E-signatures, how do they work and what does best practice look like? David Lowe shares his insight into this important topic and provides practical guidance on using E-signatures to manage your day-to-day commercial contracts.Mon, 05 Nov 2018 15:57:00 Zdb6c1e89-b5b3-4501-a307-adfe724059dehttps://gowlingwlg.com/en-FR/insights-resources/articles/2018/the-world-economic-forum-s-report-ai-financial-secIn August, 2018, The World Economic Forum (“WEF”) published a report, The New Physics of Financial Services, that looks at how AI will transform the financial services sector.Mon, 05 Nov 2018 00:00:00 Z2ca1ff96-9a7c-4345-bd6a-60a388a3af3ehttps://gowlingwlg.com/en-FR/insights-resources/articles/2018/the-consequences-of-a-merger-on-secured-partiesMergers and acquisitions are more and more frequent in our globalized, modern and fast-paced economy. According to statistics provided by The Institute for Mergers, Acquisitions and Alliances (IMAA) , 129 mergers and acquisitions were announced in Canada in 1985.Thu, 25 Oct 2018 00:00:00 Z82622fcd-57cc-4755-a806-c836c2e53fa6https://gowlingwlg.com/en-FR/insights-resources/client-work/2018/gowling-wlg-acts-for-investec-on-ipoGowling WLG's top ranked investment funds team acted for Investec Bank plc (Investec), the sponsor and broker to the Smithson Investment Trust (Smithson) which raised £822 million on its recent IPO.Tue, 23 Oct 2018 00:00:00 Ze4eebc85-7f7d-45c8-8565-5a15e6e8622fhttps://gowlingwlg.com/en-FR/insights-resources/client-work/2018/gowling-wlg-advises-placing-agents-on-london-ipoInternational law firm Gowling WLG advised finnCap, Exotix Partners and Baden Hill, as joint placing agents in the UK, on the London IPO of Grit Real Estate Income Group Limited ("GRIT")Mon, 22 Oct 2018 13:01:00 Z1fd5b9fa-d8a4-44b3-a755-63604fe5bd73https://gowlingwlg.com/en-FR/insights-resources/client-work/2018/gowling-wlg-advises-tufton-oceanic-assets-limitedThe top ranked investment funds team at Gowling WLG advised existing clients Tufton Oceanic Assets Limited ("Tufton Oceanic") on its issue of C Shares that raised $78.4 millionMon, 22 Oct 2018 12:50:00 Z0ed8c70a-595f-4618-ac3c-d3c6ff273e75https://gowlingwlg.com/en-FR/insights-resources/client-work/2018/gowling-wlg-advises-jefferiesGowling WLG's top ranked investment funds team acted for Jefferies International Limited ("Jefferies") on the transfer of Third Point Offshore Investors Limited ("Third Point") from a standard listing to a premium listing.Mon, 22 Oct 2018 12:39:00 Z95279566-291b-4d1a-9a53-b07ffda115f5https://gowlingwlg.com/en-FR/insights-resources/client-work/2018/gowling-wlg-cuban-real-estate-investor-ceibaGowling WLG's investment funds team acted on the London listing on the Specialist Fund Segment of the main market for listed securities of the London Stock Exchange of CEIBA Investment Limited (CEIBA)Mon, 22 Oct 2018 00:00:00 Za9aabeab-85a2-49a3-ac19-f0ab8112fafbhttps://gowlingwlg.com/en-FR/insights-resources/podcasts/2018/governing-law-and-jurisdiction-clause-in-contractsIt is important when drafting international contracts to include express reference to the forum for resolving disputes.Mon, 15 Oct 2018 00:00:00 Zff25bc78-a1b7-498a-b413-13f32f988285https://gowlingwlg.com/en-FR/insights-resources/podcasts/2018/blockchain-the-ultimate-disruptorBlockchain technology is changing the landscape in a major way. However, this innovative technology comes with highly complex laws and processes that require sophisticated legal and technical expertise, and an insider's understanding of the ever-evolving regulatory space.Wed, 10 Oct 2018 00:00:00 Z6479f0e0-0c3f-497f-aa65-e43e5bc23224https://gowlingwlg.com/en-FR/insights-resources/podcasts/2018/customs-trade-compliance-brexit-preparationIn this session we strip back the debate to identify the challenges business will face, and provide practical guidance on how to navigate the post Brexit customs landscape.Wed, 10 Oct 2018 00:00:00 Z21dcfba1-a519-4281-a343-9044788744b0https://gowlingwlg.com/en-FR/insights-resources/articles/2018/cyber-security-and-lenders-how-to-manage-the-riskOur Banking and Finance experts explore ways in which we can help you to protect existing and future investments against cyber security risks.Mon, 08 Oct 2018 07:32:00 Za6d7f2de-fa30-4eee-b122-80841e67c6eahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2018/gowling-wlg-advises-on-the-sale-of-roadworks-inforGowling WLG has acted for the management team of Elgin, the home of roadworks.org, on the sale of Roadworks Information Limited to Bridgepoint Growth.Tue, 04 Sep 2018 00:00:00 Z70c5671c-9f55-4201-a29d-b1d00141c8bchttps://gowlingwlg.com/en-fr/insights-resources/articles/2018/brexit-what-will-it-mean-for-dispute-resolutionGowling WLG's Brexit Taskforce look at what the UK Government's Brexit white paper, the future relationship between the United Kingdom and the European Union, means for dispute resolution.Tue, 28 Aug 2018 09:04:00 Zee5424dd-3962-4468-adf3-0691cf508839https://gowlingwlg.com/en-FR/insights-resources/client-work/2018/gowling-wlg-advises-dnata-on-tropo-acquisitionInternational law firm Gowling WLG has acted for dnata, one of the world's largest air services providers, on its acquisition of Germany-based tour operator Tropo from ProSiebenSat.1 Group.Tue, 21 Aug 2018 00:00:00 Z31db5058-2f73-43a6-b54a-5fc611d47ff7https://gowlingwlg.com/en-FR/insights-resources/articles/2018/competition-law-director-disqualificationThe UK competition authority is consulting on proposed changes to its current guidance on director disqualification in competition law cases.Fri, 10 Aug 2018 00:00:00 Z9a3e2fee-f6df-4bfa-8758-ec13728a6d0fhttps://gowlingwlg.com/en-FR/insights-resources/articles/2018/liable-for-violations-by-overseas-subsidiariesWhen will a parent company in the UK be held accountable for human rights failings by its subsidiaries in other countries? Will having a global human rights policy leave the parent company more exposed?Thu, 09 Aug 2018 10:59:00 Zada648f6-a986-4c01-b699-2c9605ea4fb2https://gowlingwlg.com/en-FR/insights-resources/articles/2018/shorter-trials-schemeIP partner John Coldham looks back at the aims and achievements of the Shorter Trials Scheme pilot, which has been running in the High Court since October 2015, and considers how litigants may successfully make the most of the scheme.Wed, 08 Aug 2018 14:24:00 Zcf385d55-73b5-4a8d-8920-2c227504025ehttps://gowlingwlg.com/en-FR/insights-resources/podcasts/2018/the-contract-law-lifecycleAt our most recent ThinkHouse Foundations event, Associate, Alex Wrixon, from our Commercial Litigation team gave an update on the latest developments in contracts law, looking at how key cases have a bearing on the 'contract lifecycle'.Mon, 06 Aug 2018 14:42:00 Z4e1bd83f-021d-45a0-9883-df696cbd005ahttps://gowlingwlg.com/en-FR/insights-resources/articles/2018/uk-merger-control-requests-for-informationThe UK competition authority (the CMA) has recently imposed fines for procedural breaches of the UK merger control regime. Given the risks of non-compliance (including fines, and possible criminal sanctions), this update outlines key issues to be considered when engaging with the CMA.Thu, 02 Aug 2018 00:00:00 Z7c0bde74-44ac-459a-b752-bec33221e576https://gowlingwlg.com/en-FR/insights-resources/articles/2018/employment-essentials-july-2018What issues will affect your business in July 2018? Our employment, labour & equalities experts bring you the latest legal developments.Wed, 01 Aug 2018 00:00:00 Zf4d2a366-604f-468c-a24e-4c833d28e58dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2018/limitation-act-surprises-bc-security-holderThe British Columbia Court of Appeal considered for the first time section 15 of that province's updated Limitation Act (the Act). The result should give security holders pause.Mon, 30 Jul 2018 13:34:00 Z7d042782-23a4-4594-b3a6-9f726dbedfa5https://gowlingwlg.com/en-FR/insights-resources/articles/2018/commercial-list-clarifies-scope-of-set-off-rightsIn an insolvency, the three heads of set-off (contractual, legal and equitable) each represent a powerful means of effectively jumping the queue and circumventing the ordinary priority scheme between a company's secured and unsecured creditors.Mon, 30 Jul 2018 13:25:00 Z1e039073-5953-40b3-bf77-6874049e97e1https://gowlingwlg.com/en-FR/insights-resources/articles/2018/effect-of-the-unconscionable-transactions-actParties to loan transactions in Alberta should be aware of the Unconscionable Transactions Act (the Act), which gives the Courts broad powers to affect loans deemed to be unconscionable in the circumstances.Mon, 30 Jul 2018 13:16:00 Zf3376caf-d45d-4254-b4a8-7e482ea2e30chttps://gowlingwlg.com/en-FR/insights-resources/client-work/2018/gowling-wlg-advises-panmure-gordon-on-m-fundraiInternational law firm Gowling WLG has acted for London investment bank Panmure Gordon on a secondary fundraising by B.P. Marsh & Partners plc.Wed, 11 Jul 2018 00:00:00 Zd7bcbeab-e557-4bca-9e07-0474c1ec34e9https://gowlingwlg.com/en-FR/insights-resources/client-work/2018/acquisition-of-inform-information-systems-limitedGowling WLG has acted for the sole shareholder of Inform Information Systems Limited on its acquisition by Professional Datasolutions, Inc.Mon, 09 Jul 2018 00:00:00 Z896ae88d-f559-40cf-bfd9-aae58d024da0https://gowlingwlg.com/en-FR/insights-resources/articles/2018/insolvency-of-registered-providersThe new housing administration regime for registered providers of social housing is now in force. Our experts explore how it applies to the social housing sector.Fri, 06 Jul 2018 00:00:00 Zc993461c-ae06-4b25-992e-cd1ca4637a15https://gowlingwlg.com/en-FR/insights-resources/articles/2018/the-eu-withdrawal-act-what-you-need-to-knowIn this article we set to one side the political debates around Brexit and outline what businesses need to know about how the EU (Withdrawal) Act actually works and what it will do.Thu, 05 Jul 2018 00:00:00 Z3a095ceb-ff5f-40ac-8c2a-5c5350472c8fhttps://gowlingwlg.com/en-FR/insights-resources/articles/2018/trade-secrets-directive-becomes-directly-effectiveOn 9 June 2018, the deadline expires for EU Member States to implement the necessary legislation to give effect to the 'Trade Secrets Directive'.Thu, 07 Jun 2018 00:00:00 Z1cd55aa8-cd4c-4142-b386-27712908aeb9https://gowlingwlg.com/en-FR/insights-resources/client-work/2018/gowling-wlg-advises-codemastersGowling WLG has advised leading video games maker Codemasters on its admission to the AIM market of the London Stock Exchange plc.Tue, 05 Jun 2018 00:00:00 Zb7d5ff6e-4cfe-45df-9c71-0b4274531632https://gowlingwlg.com/en-FR/insights-resources/articles/2018/finance-litigation-may-2018Gowling WLG's finance litigation experts consider Equalities legislation for lenders managing arrears, basis clauses and unfair relationships, judgment creditor's rights to be paid and the court giving practical effect to worldwide freezing injunctions.Wed, 30 May 2018 10:31:00 Z0864449e-3b24-4512-9d35-77874ba1a082https://gowlingwlg.com/en-FR/insights-resources/client-work/2018/gowling-wlg-advises-draper-espritGowling WLG has advised venture capital company Draper Esprit on its £115m fundraising by way of a placing and subscription of new shares.Tue, 29 May 2018 00:00:00 Z93cbe681-fa33-490d-8587-f29f69f93562https://gowlingwlg.com/en-FR/insights-resources/client-work/2018/bell-media-acquires-pinewood-toronto-studiosOn May 14, 2018, Bell Media completed its previously announced plan to acquire a majority stake in Pinewood Toronto Studios.Mon, 14 May 2018 00:00:00 Z08feee9e-b166-43e9-97e8-8fb2f7f593dchttps://gowlingwlg.com/en-FR/insights-resources/client-work/2018/silversmith-growth-equity-investment-in-validityOn May 1, 2018, Validity announced that it had secured a significant investment led by Silversmith Capital Partners and, with this investment, completed the acquisition of CRMfusion based in Keswick, Ontario.Tue, 01 May 2018 00:00:00 Z95711ce3-2059-40be-8e72-bd6668885aa7https://gowlingwlg.com/en-FR/insights-resources/articles/2018/indigenous-banking-a-new-nicheAs First Nations continue to settle outstanding grievances with the federal government the fast-emerging niche of Indigenous banking has become an incredibly competitive segment of business for Canadian financial institutions.Tue, 24 Apr 2018 15:34:00 Z2c35ebaf-94fd-475c-b2af-fefd1be027f3https://gowlingwlg.com/en-FR/insights-resources/articles/2018/dealing-with-old-but-undischarged-alberta-ppsaBorrowers with an existing active business seeking secured financing or refinancing rarely come to the table with a clean slate of unencumbered assets. Due diligence searches conducted on current and prior names of a prospective borrower will often reveal the continued existence of PPSA registrations relating to secured loan arrangements that have long since been repaid in full but where the underlying registrations were never discharged.Tue, 24 Apr 2018 15:32:00 Z3c87a983-c6cf-4d23-acc1-36790fbd8c86https://gowlingwlg.com/en-FR/insights-resources/articles/2018/ontario-court-upholds-choice-by-alberta-guarantorsIn a recent decision of the Ontario Superior Court of Justice, the Court addressed whether or not it could assume jurisdiction over two guarantors in Alberta who had signed guarantees in favour of an Ontario lender company.Tue, 24 Apr 2018 15:28:00 Z07d6c4f4-fedf-452a-a1e5-b5fd26db2b20https://gowlingwlg.com/en-FR/insights-resources/articles/2018/electronic-signatures-dont-despair-signature-thereThe scale and pace of change in our increasingly-connected digital and electronic world has been too much for even a stodgy area like the law to ignore.Tue, 24 Apr 2018 15:26:00 Ze3158bfb-5611-4337-82df-28cb657137d7https://gowlingwlg.com/en-FR/insights-resources/articles/2018/finance-litigation-march-2018Gowling WLG's finance litigation experts consider whether a borrower's solicitor owes a duty of care to a lender, what constitutes unreasonably withholding consent and the test for restraining the presentation or advertising of a winding-up petition.Mon, 26 Mar 2018 11:51:00 Za6253458-a1a0-4c94-ac96-f5d2c2af34bdhttps://gowlingwlg.com/en-FR/insights-resources/articles/2018/new-restrictions-door-to-door-sales-ontarioThe amendments to the Consumer Protection Act, 2002 and its related regulations, affecting door-to-door sales, will come into effect on March 1, 2018 (collectively, the New Rules).Fri, 09 Feb 2018 16:13:00 Z7ed45da4-4a87-4027-a7fc-af5495ad41d8https://gowlingwlg.com/en-FR/insights-resources/client-work/2018/gowling-wlg-advises-novacap-on-mailhot-acquisitionGowling WLG advised Novacap Industries IV, S.E.C., a leading Canadian private equity firm, on its acquisition of Mailhot Industries.Fri, 09 Feb 2018 00:00:00 Zbc3a3b7c-167e-4542-8e94-ca85205cbcf8https://gowlingwlg.com/en-FR/insights-resources/client-work/2018/sprott-inc-acquires-central-fund-of-canada-limitedGowling WLG advised the Special Committee (Special Committee) of Central Fund of Canada Limited (CFCL) on its acquisition by Sprott Inc. (Sprott).Mon, 15 Jan 2018 12:00:00 Z58a3d9d6-6756-48b8-8ae1-f5f4ab65cc60https://gowlingwlg.com/en-fr/insights-resources/articles/2018/past-due-collection-laws-get-an-updateOn January 1, 2018 portions of Ontario's Putting Consumers First Act (Consumer Protection Statute Law Amendment), 2017, also known as Bill 59, will come into force, bringing important changes to the Collection and Debt Settlement Services Act (the CDSSA) and the regulations thereunder.Mon, 08 Jan 2018 00:00:00 Z11614dba-8ca8-49ca-9284-c7655fb9dfdchttps://gowlingwlg.com/en-FR/insights-resources/client-work/2018/1b-financing-first-nations-wind-project-canadaOn December 26, 2017, Pattern Energy Group LP (Pattern Development) announced completion of a $1 billion financing for the 300 megawatt (MW) Henvey Inlet Wind Project located on Henvey Inlet First Nation Reserve No. 2 on the northeast shore of the Georgian Bay in Ontario.Tue, 26 Dec 2017 00:00:00 Z7d815345-1ddb-44d0-83d0-1fa09db3038fhttps://gowlingwlg.com/en-FR/insights-resources/articles/2017/supreme-court-of-canada-makes-a-clear-choice-as-toIn its recently released decision in Teva Canada Ltd. v. TD Canada Trust, the Supreme Court of Canada missed a golden opportunity to update controversial and antiquated interpretations of section 20(5) of the Bills of Exchange Act.Thu, 02 Nov 2017 16:12:00 Z5c3191d6-06ef-48c3-8c2e-49356ace4f28https://gowlingwlg.com/en-FR/insights-resources/client-work/2017/winnipeg-airports-authority-125-mil-bond-issueOn October 2, 2017, Winnipeg Airports Authority Inc. ("WAA") announced the closing of a $125 million privately-placed bond issue, with CIBC World Markets Inc. acting as sole agent.Mon, 02 Oct 2017 12:00:00 Z97a3db45-331a-48de-9643-065f709a2606https://gowlingwlg.com/en-FR/insights-resources/articles/2017/newfoundland-court-of-appeal-outlines-the-requiredWhether or not a contract is legally enforceable is a question that garners considerable attention within the legal community.Thu, 28 Sep 2017 11:19:00 Z56cdef76-f00a-4d62-8d9d-1780a411fd82https://gowlingwlg.com/en-fr/insights-resources/articles/2017/guarantors-claim-of-improvident-realization-of-thA recent decision of the Alberta Court of Queen's Bench has confirmed that a contract of guarantee is an independent contract between creditor and guarantor separate and apart from a borrower, and any duties that a creditor or guarantor may have in relation to that contract will depend on their contractual obligations.Thu, 28 Sep 2017 11:05:00 Z83fa2f3f-c274-4106-8c73-db2de2a6a37bhttps://gowlingwlg.com/en-fr/insights-resources/articles/2017/a-client-asked-us-preserving-hypothecary-rights-iWhen a grantor of a movable hypothec alienates certain of its assets, is there a formality that must be completed by the secured party in order to preserve its rights?Thu, 28 Sep 2017 00:00:00 Zef12e067-308f-4595-92a9-3a916c2bb24ahttps://gowlingwlg.com/en-FR/insights-resources/articles/2017/dueling-pmsis-in-acquisition-financing-in-ontarioA lender financing the acquisition of assets by its borrower may intuitively believe that it will acquire a purchase money security interest (a PMSI) over the purchased assets, and enjoy the benefits of the super-priority bestowed by the Ontario PPSA over other security interests in the same collateral granted by the same debtor.Thu, 28 Sep 2017 00:00:00 Z6fdad318-91c0-4340-a356-5491c42c2e42https://gowlingwlg.com/en-FR/insights-resources/articles/2017/appearances-can-be-deceiving-a-recharacterizationIn a recent decision, the British Columbia Supreme Court (the “Court”) determined that purported secured loans made by a shareholder were properly characterized as equity contributions to the subject company and therefore subordinate to the claims of the company’s creditors.Thu, 28 Sep 2017 00:00:00 Z27990337-f807-4dac-968d-d2d69b70c2b3https://gowlingwlg.com/en-FR/insights-resources/articles/2017/a-client-asked-us-aircraft-financing-the-mandatQ: We heard that a Contacting State can and shall make declarations with respect to certain articles of the Cape Town Convention at the time of ratification, acceptance, approval of, or accession to the Cape Town Convention.Thu, 28 Sep 2017 00:00:00 Z02ecf554-c994-4f06-80a3-6e6bd9716a66https://gowlingwlg.com/en-FR/insights-resources/articles/2017/ontario-ppsa-check-the-box-systemIt is now 2017 and we can mark 10 years of the iPhone, 40 years of the Toronto Blue Jays and 25 years since the signing of the North American Free Trade Agreement.Thu, 28 Sep 2017 00:00:00 Zaa603a81-1e2a-46ad-8272-dec8e1f19f99https://gowlingwlg.com/en-FR/insights-resources/articles/2017/osfi-on-the-use-of-banking-wordsOn August 11, 2017, OSFI issued an Industry Notice suspending its advisory on the use of the words 'bank', 'banker' and 'banking' (the 'Advisory') published just weeks earlier.Thu, 07 Sep 2017 15:36:00 Z25c8a4fb-f9bc-4cf8-9420-b209644f8fa6https://gowlingwlg.com/en-FR/insights-resources/articles/2017/that-name-rings-a-bell-osfi-issues-advisory-on-reThe Bank Act establishes an offence if a non-bank entity acquires, adopts or retains a name that contains the words “bank”, “banker” and “banking”, or uses those words, to indicate or describe a business, or any part of a business, in Canada in any language (the “Bank Word Restrictions”). However, a business that is not engaged in financial activities is permitted to use the words “bank”, “banker” or “banking”.Tue, 11 Jul 2017 11:30:00 Zc156c92e-be2b-4ad1-a35f-81b34a189068https://gowlingwlg.com/en-fr/insights-resources/articles/2017/ontario-court-of-appeal-confirms-practice-of-concuThe Ontario Court of Appeal has once again confirmed that it will hold personal guarantors to the business deal they knowingly entered into, and will uphold the express terms of a clear and unambiguous guarantee.Mon, 26 Jun 2017 17:00:00 Z235ab13f-74eb-4317-aa74-044e3d0fe588https://gowlingwlg.com/en-fr/insights-resources/articles/2017/vexatious-ppsa-registrations-in-albertaAs a result of their 'open' nature, the various Personal Property Registry systems in Canada are occasionally the subject of abuse.Mon, 26 Jun 2017 17:00:00 Z535a53be-df4e-432e-97ed-bfbccd5e9dddhttps://gowlingwlg.com/en-fr/insights-resources/articles/2017/update-on-providing-debtors-with-copies-of-ontarioOur September 2016 issue of Fully Secured included a short article describing the statutory requirement in Ontario imposed on secured lenders to ensure debtors are provided with copies of Ontario PPSA verification statements relating to financing statements registered against them.Mon, 26 Jun 2017 17:00:00 Zec492a62-0d0c-4b3b-beda-1a673b617423https://gowlingwlg.com/en-fr/insights-resources/articles/2017/the-sides-that-bind-be-wary-of-informal-arrangemeOrdinarily, when two parties wish to clarify or alter the terms of an existing formal written agreement, they will execute an amending agreement. Since an amending agreement is typically itself a contract, separate from the original agreement, the parties are well-advised to draft the amending agreement with the proper contractual language — including the acknowledgement of the exchange of consideration.Mon, 26 Jun 2017 17:00:00 Zfe390b9c-a4bf-46e7-9c5a-6068c600f533https://gowlingwlg.com/en-fr/insights-resources/articles/2017/a-banker-asked-us-general-vs-specific-assignmentsQ: What is the difference between a general assignment of rents and leases and a specific assignment of rents and leases, and when should I include them in my term sheet for a commercial real estate financing of an Ontario property?Mon, 26 Jun 2017 16:59:00 Z80905f19-a071-4ee3-83f8-ec8be7435c4ehttps://gowlingwlg.com/en-fr/insights-resources/articles/2017/mingling-good-for-cocktail-parties-not-so-good-fSo, you’re a lender who has a perfected security interest in a large pile of limestone aggregate at a cement plant. Another lender has a perfected security interest in a pile of clay at that same plant.Mon, 26 Jun 2017 16:59:00 Zffa3185c-de44-4ed0-949d-53a94d2daa4bhttps://gowlingwlg.com/en-fr/insights-resources/articles/2017/a-banker-asked-us-does-the-cape-town-convention-aA Q&A about the expiration of the 'grandfather clause' in the Cape Town Convention.Mon, 26 Jun 2017 16:58:00 Zecca1412-26b7-462a-897b-3e3c1c0c8b16https://gowlingwlg.com/en-FR/insights-resources/client-work/2017/gowlings-advises-bank-group-construction-financingOn May 29, 2017, Harold Chataway and Christine Mason, acting on behalf of two Canadian financial institutions, completed a $50 million debt transaction to finance and operate a new food processing plant located in Western Canada.Mon, 29 May 2017 00:00:00 Z833692b5-6303-4782-83ea-5fa9227c6247https://gowlingwlg.com/en-FR/insights-resources/client-work/2017/deluxe-corporation-cross-border-acquisitionOn April 4, 2017, RDM Corporation and Deluxe Corporation announced that Deluxe had completed its acquisition of all the issued and outstanding common shares of RDM.Tue, 04 Apr 2017 00:00:00 Z3bd8bbf4-246c-4eaf-896c-ab8f76f6b4d4https://gowlingwlg.com/en-fr/insights-resources/articles/2017/ontario-court-revisits-priorities-among-multiple-vThe Ontario Divisional Court's decision in CIBC Mortgages Inc. v. Computershare Trust Co. of Canada.Thu, 30 Mar 2017 10:08:00 Zfbf5379a-e6a9-4192-9222-42a838d99461https://gowlingwlg.com/en-FR/insights-resources/articles/2017/related-parties-to-a-borrower-cannot-be-compelledSubordination agreements are fundamental to the structuring of financings involving a senior lender and the holders of any other junior debt of a borrower. Most lenders who provide financing to a new borrower will routinely require that the prospective borrower’s shareholders, partners or other related parties who have advanced loans to the borrower subordinate the repayment and ranking of that indebtedness to the new lender’s debt. The express terms of that subordination, and any permitted payments, will vary deal by deal.Thu, 30 Mar 2017 10:08:00 Zb53f1d50-98e9-4e7d-8a5a-602f8559b0bbhttps://gowlingwlg.com/en-fr/insights-resources/articles/2017/family-resemblance-when-is-a-promissory-note-notFor financing lawyers, the precise dividing line between the simple fluidity of financing law and the highly meticulous application of securities laws has always been an uncertain one. A good example of this uncertainty involves the issue of whether and when a promissory note issued in the course of a commercial financing will be treated as a “security.”Thu, 30 Mar 2017 10:07:00 Zf2ff06b8-aab6-41b2-808e-8d252a92cce1https://gowlingwlg.com/en-fr/insights-resources/articles/2017/mortgagee-sets-aside-mortgagor-s-sweetheart-dealMortgagors facing mortgage enforcement proceedings frequently try to create obstacles for their mortgagees. One such obstacle is the granting of a very favourable or 'sweetheart' tenancy agreement to a third party tenant.Thu, 30 Mar 2017 10:07:00 Za29129a3-3072-481f-a9ea-aa7cb4fe9461https://gowlingwlg.com/en-FR/insights-resources/articles/2017/creditor-successfully-uses-oppression-remedy-in-inMost secured lenders have the benefit of a full slate of negative covenants in their formal loan and security documents to restrict the actions of their borrower that might jeopardize the borrower's ability to repay the loan.Thu, 30 Mar 2017 10:07:00 Z84b73e6c-e706-4d2b-bc21-b578b57040c1https://gowlingwlg.com/en-FR/insights-resources/articles/2017/alberta-court-of-appeal-upholds-decision-to-grantA recent decision of the Alberta Court of Appeal has highlighted the need for owners of leased goods to register their deemed security interests in the goods at the Alberta Personal Property Registry for leases longer than a year. A failure to do so may result in a lessee’s creditors having priority to the leased goods.Thu, 30 Mar 2017 10:06:00 Z0f73a88c-ae02-4f3d-afae-97c06d9e05e6https://gowlingwlg.com/en-FR/insights-resources/articles/2017/a-banker-asked-us-why-is-there-an-english-languagQ:  We often see an English language clause in commercial documents when dealing with parties from Québec. Why is this clause included in those documents, and when is this clause mandatory?Thu, 30 Mar 2017 10:06:00 Z3e6be776-5628-45d0-b3a7-b2a247250c5dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2017/licences-and-quota-as-intangible-propertyThe current provincial government appears committed to reforming and updating Ontario’s commercial laws including Ontario’s Personal Property Security Act[1] (“PPSA”). In February 2015, the Ministry of Government and Consumer Services convened a panel to create a report advising the Ministry on how to modernize business laws in Ontario to foster a better business climate in the province. The panel, which consisted of a number of legal scholars and lawyers, released their Report[2] in June 2015 and the panel accepted comments on the Report until December 2016.Thu, 30 Mar 2017 00:00:00 Zac05488f-dee4-45ac-9944-ecad5bb7de9ehttps://gowlingwlg.com/en-FR/insights-resources/articles/2017/re-registering-ppsa-registrations-after-lapsedQ: I just found out from my back office that the only PPSA registration the bank holds against our borrower expired without having been renewed. Is it possible for the bank to file a late renewal and regain its first priority position against the borrower's other secured creditors?Thu, 30 Mar 2017 00:00:00 Z62a7dbcf-1002-4b54-af7b-f89a89aa05f5https://gowlingwlg.com/en-FR/insights-resources/articles/2017/when-a-borrower-amalgamates-what-a-secured-creditWhen the grantor of a hypothec amalgamates with another entity, a secured creditor is not always informed prior to the fact. If the creditor is informed of the amalgamation in advance, there are certain verifications to be made and steps to be taken.Wed, 29 Mar 2017 00:00:00 Zf0bd2403-3f40-4576-8dca-58c7c821bd86https://gowlingwlg.com/en-FR/insights-resources/client-work/2017/gowling-wlg-advises-major-canadian-financial-instiHarold Chataway, Christine Mason and Lisa MacDonnell advised a major Canadian financial institution with its debt financing to a North American building products company in conjunction with the acquisition of such company by a Canadian private equity group from two U.S. private equity organizations.Mon, 27 Feb 2017 00:00:00 Z5da7e030-092e-40ca-af3c-f43ab52646c3https://gowlingwlg.com/en-FR/insights-resources/client-work/2017/gowling-wlg-advises-economical-on-western-financiaGowling WLG advised Economical Mutual Insurance Company on its acquisition of Western Financial Insurance Company, a P&C company operating in each province of Canada.Sun, 01 Jan 2017 00:00:00 Zeed4271e-cc0d-45cd-86f6-3f2631d3ab54https://gowlingwlg.com/en-FR/insights-resources/client-work/2016/gowling-advises-major-canadian-financial-instituteOn December 23, 2016, Harold Chataway and Christine Mason, acting on behalf of a Schedule A Bank, completed a $100-million debt financing for the Canadian subsidiary of a large multi-national European-based building products organization.Fri, 23 Dec 2016 00:00:00 Zf36c3b58-8b65-4ee1-ba28-5218cea3f632https://gowlingwlg.com/en-FR/insights-resources/articles/2016/thinking-of-accelerating-not-so-fast-check-yourLenders and their lawyers alike may take it for granted that, where a borrower misses a scheduled payment or some other event of default occurs, the entirety of the borrower's indebtedness will become immediately due and payable.Thu, 15 Dec 2016 14:10:00 Z221ef06a-a25e-40c8-ba49-4787d62c6df1https://gowlingwlg.com/en-FR/insights-resources/articles/2016/seizure-and-redemption-of-shares-successfully-usedA recent decision of the Alberta Court of Queen's Bench has confirmed that a creditor can require a redemption of shares seized from a guarantor in order to satisfy a debt claim, and has highlighted the broad authority and discretion given to courts and civil collection agencies under Alberta's Civil Enforcement Act.Thu, 15 Dec 2016 14:08:00 Zb5ee9b2c-dd1a-4a3a-a403-ca2ade9f21b7https://gowlingwlg.com/en-fr/insights-resources/articles/2016/a-banker-asked-us-forthwith-vs-promptlyQ: What’s the difference between forthwith, promptly and as soon as possible? I have seen all of these terms in credit agreements and never understood the distinction between them.Thu, 15 Dec 2016 13:59:00 Ze2366f7e-4b6b-4501-abaf-51efdfb0c08dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2016/a-brief-overview-of-material-adverse-change-clauseMaterial Adverse Change (“MAC”) clauses, sometimes referred to as Material Adverse Effect (“MAE”) clauses, are found in many financing commitments and can often be heavily negotiated.Thu, 15 Dec 2016 13:58:00 Z2b185755-5415-41eb-9517-31de5fd8d245https://gowlingwlg.com/en-FR/insights-resources/articles/2016/chasing-ontario-ppsa-estoppel-letters-from-uncoopeOntario uses a “check-the-box” system on financing statements to secure personal property under the PPSA. This means that creditors must, when filing a financing statement, indicate which categories of collateral their registration relates to by marking the appropriate check-boxes, which include “consumer goods,” “inventory,” “equipment,”, “accounts,” “motor vehicle” and “other”. From a practical perspective, this leads to the convention whereby creditors will often mark the “other” box as a way to broadly cover their bases with respect to describing the assets subject to their security interests. There is nothing problematic with this practice in and of itself, but it can sometimes pose problems for a debtor down the road if attempting to obtain new or additional financing from a different creditor.Thu, 15 Dec 2016 13:57:00 Zc1ef301b-068a-4e8c-a4fc-d568890a612chttps://gowlingwlg.com/en-FR/insights-resources/articles/2016/amendments-to-ontario-s-corporate-record-keeping-rPursuant to several recent legislative amendments and enactments, Ontario corporations holding a legal or beneficial interest in real property in Ontario are now subject to more onerous record-keeping requirements.Thu, 15 Dec 2016 13:55:00 Z7b971c65-41ce-4c77-a0e7-e91fd989f76bhttps://gowlingwlg.com/en-FR/insights-resources/articles/2016/non-est-factum-not-reading-is-no-excuseThe defence of non est factum renders a signed agreement void and unenforceable. It is commonly pleaded by desperate defendants trying to evade a contract. However, because of its strict requirements the defence is generally confined to cases where the defendant was unable to read the agreement - for example, due to illiteracy. Two cases show that even illiteracy, by itself, may not be enough.Thu, 15 Dec 2016 13:53:00 Zaf202dd6-eae5-4b30-ace2-25021a5a278ehttps://gowlingwlg.com/en-FR/insights-resources/articles/2016/the-tools-available-to-debtors-and-secured-partiesThe Personal Property Registry system established by the Personal Property Security Act in each common law province in Canada is an “open” system, meaning that almost anyone can file a financing statement against a debtor describing the collateral subject to a purported security interest, whether or not that security interest in fact exists.Thu, 15 Dec 2016 13:51:00 Z985d4c00-ad60-4206-99ad-5abaa28aeb90https://gowlingwlg.com/en-FR/insights-resources/articles/2016/guidance-from-the-supreme-court-of-canada-on-mortgThe Supreme Court of Canada recently provided some comfort to mortgage lenders regarding the provision of mortgage discharge statements and their privacy obligations under PIPEDA.Thu, 15 Dec 2016 13:41:00 Ze593b2ea-c4b0-4032-9c28-df013d33dfc7https://gowlingwlg.com/en-FR/insights-resources/articles/2016/a-banker-asked-us-providing-debtors-with-copies-oQ: Do we still have to provide debtors with copies of Ontario PPSA1 Financing Statements registered against them? I heard that requirement was now gone.Thu, 29 Sep 2016 12:32:00 Z20913f76-390f-400d-bf06-96a14b981382https://gowlingwlg.com/en-FR/insights-resources/articles/2016/such-consent-not-to-be-unreasonably-withheldMost commercial enterprises believe that they act reasonably in conducting their business affairs and operations. However, reasonableness, like beauty, can often be in the eye of the beholder.Thu, 29 Sep 2016 12:28:00 Z9faeba2a-de8f-4ef5-8581-0d57174ea445https://gowlingwlg.com/en-FR/insights-resources/articles/2016/a-reminder-requirement-for-a-receiver-to-pay-occThe recent decision of the Ontario Court of Appeal in Crate Marine Sales serves as a reminder regarding the trigger for the obligation of a court appointed receiver to pay occupation rent.Thu, 29 Sep 2016 12:27:00 Z626c8a9d-4345-44da-b55b-245ec7be0afchttps://gowlingwlg.com/en-FR/insights-resources/articles/2016/quebec-acknowledgement-of-debt-saves-recovery-ofPursuant to Section 347 of the Criminal Code, an effective annual interest rate that exceeds 60% of the total credit advanced under an agreement or arrangement is a criminal rate.Thu, 29 Sep 2016 12:22:00 Zf1560611-5a7f-4763-9f13-bdcd9a22d0dfhttps://gowlingwlg.com/en-FR/insights-resources/articles/2016/newer-is-not-always-betterThu, 29 Sep 2016 12:21:00 Za2e951f9-f73a-4685-8a11-ed10ce9c3645https://gowlingwlg.com/en-FR/insights-resources/articles/2016/the-doctrine-of-unconscionability-can-it-apply-toThe British Columbia Court of Appeal (BCCA) has recently considered whether the doctrine of unconscionability can be invoked to set aside a contractual clause providing for the payment by one party to the other of a certain amount in circumstances in which a subdivision of land as contemplated by the contract did not occur.Thu, 29 Sep 2016 12:19:00 Z2703583f-7f9b-4284-8905-00df90462f32https://gowlingwlg.com/en-FR/insights-resources/articles/2016/alberta-registered-land-interests-prevail-over-unrA recent decision of the Alberta Court of Queen's Bench has confirmed the priority of registered interests in land against an unregistered trust for deposit monies, and has highlighted the need for purchasers to ensure their deposits are properly protected against the claims of parties holding registered interests.Thu, 29 Sep 2016 12:16:00 Z44ae6e5c-85a5-46ad-bce9-54f53433f7a9https://gowlingwlg.com/en-FR/insights-resources/client-work/2016/gowling-wlg-advises-chinese-private-equity-funds-oOn August 2, 2016, Shanghai Yongju Private Equity Limited Partnership and Shanghai Yikang Private Equity Limited Partnership completed a Series A financing in Rostrum Medical Innovations Inc., a medical device company developing and commercializing respiratory enthalpy measurement devices.Tue, 02 Aug 2016 00:00:00 Z0d620028-31c9-4473-bb07-d9cc5b943146https://gowlingwlg.com/en-FR/insights-resources/articles/2016/forbear-but-beware-the-danger-of-forbearance-andWed, 29 Jun 2016 00:00:00 Zcdeea295-5c76-4c79-8dae-ca1017cbc3fbhttps://gowlingwlg.com/en-FR/insights-resources/articles/2016/borrowing-powers-of-not-for-profits-under-new-legiThe legislation governing British Columbia not-for-profits, known as societies, is changing.Wed, 29 Jun 2016 00:00:00 Z26c9b433-d064-452a-8ccc-bae3b2316b7dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2016/closely-connected-guarantor-fails-in-bidIn a recent decision of the Ontario Superior Court of Justice, the Court rejected the efforts of a guarantor closely connected to the principal borrower.Wed, 29 Jun 2016 00:00:00 Z8da38cee-3b4c-4d5e-b197-6e10d1d0b563https://gowlingwlg.com/en-fr/insights-resources/articles/2016/best-efforts-and-other-undertakings-what-do-theyIn many financing transactions, the day of closing arrives and it becomes clear that certain documents are not yet available or certain conditions precedent have not yet been satisfied.Wed, 29 Jun 2016 00:00:00 Zdd617924-f5e2-47f3-8cf1-8caf4bfe019ahttps://gowlingwlg.com/en-fr/insights-resources/articles/2016/perfecting-against-fishery-quota-revisited-in-novaIn an earlier edition of Fully Secured (September 2015; Volume 6, No. 3), we reported on the D’Eon Fisheries case, where the motions judge determined that the security interest of a secured party in a Nova Scotia fishing quota was not perfected by a NS PPSA3 financing statement that only referenced in its collateral description the Nova Scotia fishing license pursuant to which that quota related, without actually using the word “quota” itself.Wed, 29 Jun 2016 00:00:00 Z30455903-9566-4641-99e4-3ac290da59f4https://gowlingwlg.com/en-fr/insights-resources/articles/2016/loss-of-incentives-for-performance-held-to-offendIn two earlier editions of Fully Secured (March 2015 and September 2015; Volume 6, Nos. 1 and 3), we reported on the lower court and Alberta Court of Appeal decisions in the Loughheed Block, Krayzel and Equitable Trust mortgage litigation. Those decisions involved the interpretation of Section 8 of the federal Interest Act and its application to the interest terms of two real estate mortgage renewal agreements.Wed, 29 Jun 2016 00:00:00 Z1f7ed43a-d447-4306-9d64-9237c0a4f675https://gowlingwlg.com/en-FR/insights-resources/articles/2016/unsigned-security-agreements-in-ontarioOur borrower was supposed to provide a general security agreement to secure its loan, and our back office made an Ontario PPSA1 registration against the borrower in anticipation of that.  The CFO sent us an email that purported to attach a signed security agreement, but I see now upon viewing the attachment that the agreement was never actually signed for some reason.  Can we rely upon the email and its unsigned attachment?  The CFO recently left the borrower so I am reluctant to go back and ask his replacement for this to be done.Tue, 28 Jun 2016 00:00:00 Zd5cae24d-9917-421f-a620-fc20ee831180https://gowlingwlg.com/en-fr/insights-resources/articles/2016/fintech-companies-what-are-the-key-laws-regulatAs financial institutions turn to technology to improve their processes and reduce costs, financial technology or “fintech” companies have entered the marketplace to compete with these institutions.Sun, 19 Jun 2016 09:39:00 Z8d4fd353-14b6-4bca-a057-a4fa847a46eahttps://gowlingwlg.com/en-fr/insights-resources/client-work/2016/gowling-wlg-successfully-represents-grant-thorntonGowling WLG successfully represents Grant Thornton Limited in Redwater Energy Corporation's receivership and bankruptcy proceedings.Tue, 17 May 2016 00:00:00 Zc482e3ce-344e-4341-bb3a-4f271eaeca8bhttps://gowlingwlg.com/en-fr/insights-resources/client-work/2016/gowling-wlg-advises-lenders-to-icon-infrastructureOn April 29, 2016, iCON Infrastructure Partners III, L.P., a fund advised by London, U.K.-based iCON Infrastructure LLP, completed a statutory plan of arrangement involving Capstone Infrastructure Corporation, a Toronto Stock Exchange-listed infrastructure company owning a diversified portfolio of assets.Fri, 29 Apr 2016 00:00:00 Z9b36357f-685e-41e6-8211-84f4dc4fe5behttps://gowlingwlg.com/en-FR/insights-resources/articles/2016/emerging-entity-s-solvency-is-condition-precedentWed, 30 Mar 2016 00:00:00 Zada309b2-8735-4c92-a928-20d06eedcfd8https://gowlingwlg.com/en-FR/insights-resources/articles/2016/ontario-court-of-appeal-offers-guidance-on-interprJust how bad does a structural defect have to be before the building is considered unmarketable so as to permit recovery under a title insurance policy?Wed, 30 Mar 2016 00:00:00 Z661df258-7b4d-4eb5-b255-5a5c9555aed3https://gowlingwlg.com/en-FR/insights-resources/articles/2016/aircraft-financing-ratification-by-spain-of-the-cWed, 30 Mar 2016 00:00:00 Za6463cb7-c8c8-4710-84a0-3ec750f529b4https://gowlingwlg.com/en-FR/insights-resources/articles/2016/a-banker-asked-us-source-documents-for-ontario-ppQ:  I need to make an Ontario PPSA1 registration against my borrower who is an individual.  To evidence his name, he has provided me with his Driver’s Licence but does not have his birth certificate with him.  Can I use the information as to his name and birth date on his Driver’s Licence to make a PPSA registration against him in respect to the security documents he is executing and delivering, or do I need to obtain other documentation from him?Wed, 30 Mar 2016 00:00:00 Z471082d1-b2ed-43e4-92c3-3bde9902c12dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2016/the-impact-of-an-overarching-agreementWed, 30 Mar 2016 00:00:00 Z88c23301-6f7a-4b11-9884-099f71acf1f4https://gowlingwlg.com/en-fr/insights-resources/articles/2016/certainty-of-intention-must-be-clear-for-trust-claTrust claims against a borrower's assets are something that no secured creditor wants to be confronted with.Wed, 30 Mar 2016 00:00:00 Z81cf63ef-c1d6-4646-ae4e-85eaa41e7ec1https://gowlingwlg.com/en-fr/insights-resources/articles/2016/legal-compensation-under-quebec-law-a-shield-agaiIn light of a recent decision rendered by the Federal Court of Appeal, financial institutions can now set up grounds against government authorities serving them with a requirement to pay the tax owing by an insolvent tax debtor, when that said tax debtor is also indebted towards the financial institution being served.Wed, 30 Mar 2016 00:00:00 Z3a673625-d55d-48e4-9684-9ec0357fcfc7https://gowlingwlg.com/en-FR/insights-resources/articles/2016/ontario-court-of-appeal-gives-much-needed-clarityIn the recent Court of Appeal decision in Teva Canada Limited v Bank of Montreal, the Court continued to shift the burden of preventing employee fraud on to the company defrauded and away from the innocent banks.Tue, 16 Feb 2016 00:00:00 Zf569239b-36d0-4503-ac83-00f1dd574ff1https://gowlingwlg.com/en-fr/insights-resources/articles/2015/the-impact-of-amalgamation-and-other-fundamental-cWhat happens to the liabilities of an amalgamating company upon amalgamation? The general rule is clear that these liabilities continue as obligations of the newly amalgamated company. As the Supreme Court of Canada held long ago in Black and Decker, "the amalgamating companies continue without subtraction in the amalgamated company, with all their strengths and their weaknesses, their perfections and imperfections, and their sins, if sinners they be."1 This rule has been reflected in the business corporations statutes in most jurisdictions.Tue, 15 Dec 2015 00:00:00 Z7bf6bb31-7b62-42f7-b682-fb80fe76969bhttps://gowlingwlg.com/en-fr/insights-resources/articles/2015/another-step-closer-to-a-common-cross-country-posiA friendly lender loans money that is payable on demand, evidenced by a promissory note. The funds are advanced, no payments are made, and after more than six uneventful years have passed, the lender makes a demand for payment.Tue, 01 Dec 2015 00:00:00 Ze47e93b3-e1eb-4786-ae09-3823e960cd1dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2015/aircraft-financing-ratification-by-the-united-kinTue, 01 Dec 2015 00:00:00 Z181accf9-8550-4b31-8568-629c7954a39ehttps://gowlingwlg.com/en-FR/insights-resources/articles/2015/december-31-2015-brings-some-changes-to-ppsa-regiAs many secured lenders and their counsel head out for their New Year’s Eve celebrations this year, some will also be celebrating the proclamation of some long-awaited new rules for Ontario PPSA registrations.Tue, 01 Dec 2015 00:00:00 Zf285f0cb-35f5-48f1-8c4a-f025286bb8e2https://gowlingwlg.com/en-FR/insights-resources/articles/2015/mortgage-recovery-under-the-new-code-of-civil-procIn our newsletter of November 2011, we advised that the Québec Minister of Justice introduced on Sept. 29, 2011 the Draft Bill to Enact the New Code of Civil Procedure which was to replace the current Civil Code of Procedure. The main goals of this new legislation are to promote access to justice, reduce costs, promote collaboration between parties and simplify and improve the quality and efficiency of the judicial process.Tue, 01 Dec 2015 00:00:00 Zdb886402-11d1-4ee1-b210-791266fed399https://gowlingwlg.com/en-FR/insights-resources/articles/2015/new-requirement-in-quebec-for-enforcement-of-hypotA new register of sales under judicial authority will be set up within the next days as the Regulation Respecting the Sales Register will come into force. This regulation is adopted under the new Code of Civil Procedure.Tue, 01 Dec 2015 00:00:00 Z23c59148-5bea-4a33-86b1-834d9afc6a09https://gowlingwlg.com/en-FR/insights-resources/client-work/2015/gowling-wlg-advises-on-financing-of-tsawwassen-comGowling WLG acted as counsel for a syndicate of lenders led by Otéra Capital Inc.Mon, 02 Nov 2015 00:00:00 Z41ddfa19-6e0c-43ad-9dfa-5b2c16d853ffhttps://gowlingwlg.com/en-FR/insights-resources/articles/2015/wrestling-with-paramountcy-in-restructuring-or-insWhat do a car crash in Alberta, a delinquent farm mortgage in Saskatchewan and an unpaid highway toll ticket in Ontario have in common?Sun, 01 Nov 2015 00:00:00 Z335c169e-a97f-4ce2-b6d6-1318bd136fcbhttps://gowlingwlg.com/en-FR/insights-resources/articles/2015/a-banker-asked-us-changes-to-provisions-regardingWe answer the question "what relevant changes will Bill 28 bring to movable hypothecs on bank deposits in Québec"?Thu, 01 Oct 2015 00:00:00 Z17e27533-2aa9-438e-8a8d-0cbd2b8a2d4dhttps://gowlingwlg.com/en-FR/insights-resources/articles/2015/fishery-quota-as-personal-property-revisited-in-noCommercial lenders to Canada’s agricultural and commercial fishing industries are, by now, well aware of the ever-present uncertainties surrounding the use of quota entitlements, a valuable and indeed vital component of many farming and fishing businesses across Canada, as collateral security.Thu, 01 Oct 2015 00:00:00 Ze694cf90-4124-4e72-ad45-08f01498a17chttps://gowlingwlg.com/en-fr/insights-resources/articles/2015/a-banker-asked-us-when-does-a-lender-need-to-obtaThis Q&A style piece looks at PPSA estoppel letters in Ontario.Thu, 01 Oct 2015 00:00:00 Zc5bd962c-fec4-413f-ac38-be1ca89ee931https://gowlingwlg.com/en-fr/insights-resources/articles/2015/a-scrap-over-steel-international-sale-of-goods-vThu, 01 Oct 2015 00:00:00 Z6df294e4-0349-4915-83a9-2391e9282895https://gowlingwlg.com/en-fr/insights-resources/articles/2015/protective-disbursements-by-a-mortgagee-consideredIn a recent Superior Court ruling, the Honorable Lucie Fournier interpreted the concept of protective disbursements and the concept of fees incurred by a representative to cover the amounts owing under a mortgage.Tue, 01 Sep 2015 00:00:00 Z00569422-1874-43ed-8a6d-8a34309a6506https://gowlingwlg.com/en-fr/insights-resources/articles/2015/a-matter-of-interest-in-alberta-going-to-the-supThe Lougheed Block decision appears to diverge somewhat from authorities in British Columbia and Ontario which suggest section 8 prohibits both penal and non-penal incentives. However, the decision suggests that, at least for the time being in Alberta, mortgage agreements may contain provisions for increased interest rates triggered by the passage of time or incentives for prompt payment without offending section 8 of the Interest Act, even if the effect is to increase the charge on arrears.Tue, 01 Sep 2015 00:00:00 Z5251e182-94ab-4aca-baac-6369710aed5dhttps://gowlingwlg.com/en-fr/insights-resources/articles/2015/reports-of-exempt-distribution-csa-proposals-thatThe Canadian Securities Administrators (CSA) have proposed amendments to the rules relating to reports filed with securities regulators in connection with private placements.Sat, 01 Aug 2015 00:00:00 Z67e8c840-9098-436f-89ae-55313bcef4f5https://gowlingwlg.com/en-fr/insights-resources/articles/2015/discharging-an-improper-filing-made-under-the-ontaA registration made under the Ontario PPSA serves as notice to all third parties of the existence of a security interest held by a creditor over the assets of a debtor.Fri, 26 Jun 2015 00:00:00 Z4dafa486-bcfe-4591-9813-eed8659b0d22https://gowlingwlg.com/en-FR/insights-resources/articles/2015/borrower-not-required-to-drawdown-on-a-credit-faciIn the recent decision of Maxam Opportunities, the British Columbia Supreme Court determined that, absent clear language to the contrary, a lender cannot require a borrower to draw on funds made available to the borrower under a credit agreement, despite the fact that substantial effort has been invested by the lender to set up the credit facility.Mon, 01 Jun 2015 00:00:00 Z9e606f94-cec3-465a-92f2-1745f3675604https://gowlingwlg.com/en-FR/insights-resources/articles/2015/public-contracting-and-anti-corruption-quebec-lowOn June 10, 2015, an Order in Council was published by the Government of Québec reducing the threshold from $5 million to $1 million for authorization prior to bidding on service contracts and subcontracts with public bodies in Québec. The new threshold will be effective as of Nov. 2, 2015.Mon, 01 Jun 2015 00:00:00 Z0dc463ed-7515-43dc-9b3b-41a4bca61167https://gowlingwlg.com/en-FR/insights-resources/articles/2015/a-banker-asked-us-ontario-ppsa-registrations-agaiMon, 01 Jun 2015 00:00:00 Z02593e60-6fcf-44dd-af97-dc90b6f4733ehttps://gowlingwlg.com/en-FR/insights-resources/articles/2015/failing-to-respond-to-ppsa-information-requests-prThe Ontario PPSA system allows secured parties to complete and file financing statements against debtors without their prior consent.Mon, 01 Jun 2015 00:00:00 Z788faed1-ef2b-4c33-8781-f61238ea65c4https://gowlingwlg.com/en-FR/insights-resources/articles/2015/the-effect-of-pipeda-on-the-enforcement-of-securitA recent Ontario case illustrates the courts’ difficulty in integrating the requirements of PIPEDA into the existing legal regime and how PIPEDA is affecting enforcement of judgments.Mon, 01 Jun 2015 00:00:00 Z17c79279-074a-414d-938f-369c42a4a825https://gowlingwlg.com/en-FR/insights-resources/articles/2015/changes-to-provisions-regarding-security-agents-inMon, 01 Jun 2015 00:00:00 Z2db43fe3-65c6-4e49-98a5-e275c9d4ab05https://gowlingwlg.com/en-FR/insights-resources/articles/2015/distribution-of-financial-products-and-servicesOn June 16, 2015, the minister of finance (Québec) (the minister) published a report on the application of the Act respecting the distribution of financial products and services (the Report).Mon, 01 Jun 2015 00:00:00 Z869dd783-4f72-4bf3-94e5-a2cea0c2a2b3https://gowlingwlg.com/en-FR/insights-resources/articles/2015/enforcing-promises-to-grant-future-security-the-lMon, 01 Jun 2015 00:00:00 Z44d70dac-de75-4cd3-99f9-dfaa56ef149ehttps://gowlingwlg.com/en-fr/insights-resources/articles/2015/usage-based-auto-insurance-raises-privacy-concernsMany Canadian drivers are enrolled in usage-based insurance (UBI) programs to benefit from a discount on their auto insurance premiums.Mon, 01 Jun 2015 00:00:00 Z9adf9375-401a-43f3-ac2a-0bd6c5810b2dhttps://gowlingwlg.com/en-fr/insights-resources/articles/2015/a-tale-of-two-jewellers-bank-successfully-appealsIn a recent decision, the TD Bank successfully appealed a judgment against it for the tort of conversion related to fraudulent cheques.Wed, 01 Apr 2015 00:00:00 Z897e2e4c-2d95-4bb3-baaa-a7f6fcb82921https://gowlingwlg.com/en-fr/insights-resources/articles/2015/price-comparison-websites-need-license-in-quebecOn April 2, 2015, the Autorité des marchés financiers (AMF) released Internet Insurance Offerings in Québec (the Report), outlining its recommendations for the online distribution of insurance. This Report will be of particular interest to price-shopping websites.Wed, 01 Apr 2015 00:00:00 Z5799e3d7-3f96-4611-9b55-aea531f16cb9https://gowlingwlg.com/en-fr/insights-resources/articles/2015/beware-of-the-constructive-trustThe existence of trusts that may be connected to a borrower’s assets can be a lending hazard.Sun, 01 Mar 2015 00:00:00 Z0293e74c-64eb-4f79-9f4b-4b9676a515cfhttps://gowlingwlg.com/en-fr/insights-resources/articles/2015/demutualization-for-p-c-companies-here-s-what-youIn February, 2015 the Department of Finance released the draft regulations dealing with the demutualization of Canadian property and casualty mutual insurance companies (P&C insurers).Sun, 01 Mar 2015 00:00:00 Zaa0cfd09-3140-42e6-928a-f61525b942cehttps://gowlingwlg.com/en-fr/insights-resources/articles/2015/prohibited-penalty-or-incentive-for-good-performanIn a recent decision of the Alberta Court of Appeal in Lougheed Block, the Court considered the question of whether incentives for prompt payment in a mortgage agreement, which would be lost upon default, offend the prohibition on penalties for non-performance contained in section 8 of the federal Interest Act.Sun, 01 Mar 2015 00:00:00 Zafeb70d2-4b4e-4fef-b835-770e6c248e95https://gowlingwlg.com/en-FR/insights-resources/articles/2015/mortgagee-not-required-to-repair-damage-prior-to-rA Standard Mortgage Clause is a common element of insurance policies in respect of mortgaged real property. Lenders will typically require the inclusion of such a clause in a borrower’s insurance policy as a condition precedent to providing a loan. While the coverage afforded to the insured mortgagor under such a policy relates to the property itself, the Standard Mortgage Clause operates to protect the mortgagee’s security interest in the property.Sun, 01 Mar 2015 00:00:00 Z815d88d0-f5ea-4fca-8e5d-405642cacec4https://gowlingwlg.com/en-FR/insights-resources/articles/2015/a-banker-asked-us-joint-and-several-guaranteesQ: What is the difference between joint and several in a guarantee?Sun, 01 Mar 2015 00:00:00 Z24b672d5-efe0-444a-9513-98e0ebb5435chttps://gowlingwlg.com/en-fr/insights-resources/articles/2015/a-banker-asked-us-the-english-language-clause-inWe often see an English language clause in loan and security documents whenever we are dealing with Québec borrowers and guarantors. When does that clause have to be included in those documents?Sun, 01 Mar 2015 00:00:00 Zb8d6a716-21f2-432b-9ecb-af4e86305582https://gowlingwlg.com/en-fr/insights-resources/articles/2015/upcoming-amendments-to-alberta-s-guarantees-acknowGuarantees in Alberta given by individuals for the financial obligations of others have long been subject to certain compliance requirements prescribed by the GAA.Sun, 01 Mar 2015 00:00:00 Z9da72eb3-d9cc-4af4-b5ee-d779aca9504bhttps://gowlingwlg.com/en-FR/insights-resources/articles/2014/bare-trusts-and-beneficial-owners-agreements-in-cSeparation of legal and beneficial ownership of real property is common in the commercial real estate context and a lender must take certain steps to properly secure an interest in real property assets where it is aware of such an arrangement.Thu, 25 Sep 2014 00:00:00 Z46cd2977-0da2-46d6-b9f6-3242fd94006bhttps://gowlingwlg.com/en-FR/insights-resources/articles/2014/indoor-management-rule-who-has-authorityThe 'Indoor Management Rule' is well established in Canadian law. This common law rule holds that parties dealing with a corporation, acting in good faith and without knowledge of any irregularity, are entitled to assume that a corporation’s internal policies and proceedings have been followed and complied with. Some elements of the rule are codified in the various provincial business corporations statutes.Mon, 01 Sep 2014 00:00:00 Z968b3cdb-e88a-4f27-bd02-ba1c5e231580https://gowlingwlg.com/en-FR/insights-resources/articles/2014/personal-bankruptcy-discharges-preparing-for-andA bankruptcy discharge hearing is the forum for the Court’s determination of a bankrupt’s application for discharge which has been opposed by one or more of: a creditor, the Trustee, or the Superintendent of Bankruptcy. This paper will aim to provide practical advice on preparing for and arguing an opposed discharge, whether from the perspective of the bankrupt, an opposing creditor, or the Trustee.Tue, 01 Jul 2014 00:00:00 Z3c9d8916-f240-4f4f-a8b5-ced242ccd1f0https://gowlingwlg.com/en-FR/insights-resources/articles/2014/equitable-subordination-in-canadaWhat does the U.S. doctrine of equitable subordination have to do with Canada?Wed, 18 Jun 2014 00:00:00 Z167406d9-e88e-444f-ab35-b51077a38273https://gowlingwlg.com/en-FR/insights-resources/articles/2014/ca-domain-names-as-personal-propertyThu, 27 Mar 2014 00:00:00 Z2fff9b89-f540-4fed-a026-8247e9c051e3https://gowlingwlg.com/en-FR/insights-resources/articles/2013/some-benefits-of-independent-legal-adviceIt is well established that having a personal guarantor obtain independent legal advice before signing a guarantee is not an essential element to the enforceability of a guarantee by a lender. However, a recent decision of the Ontario Superior Court of Justice serves as a helpful reminder of some of the benefits of obtaining independent legal advice to support a guarantee.Wed, 18 Dec 2013 00:00:00 Zcaa2beeb-7d22-4992-b873-42ccba9fcc2ehttps://gowlingwlg.com/en-FR/insights-resources/client-work/2013/samuel-son-co-amends-credit-facility-with-lendGowlings advised Samuel, Son & Co. in the negotiation of this agreement with a team that included Robert Hull, Leila Burden Nixon, Mark McHughan, Marie-France Béland, Kelby Carter and student-at-law Lauren Enquist.Thu, 21 Nov 2013 00:00:00 Z2f4c9de0-9306-4ef8-9db3-0cd17f96dc9ahttps://gowlingwlg.com/en-FR/insights-resources/client-work/2013/gowling-wlg-advises-travelers-on-1-25-billion-domNovember 1, 2013, The Travelers Companies, Inc. acquired The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited for $1.25-billion.Fri, 01 Nov 2013 00:00:00 Zac7806fc-0d4a-4bf0-bf4d-8583d354ad62https://gowlingwlg.com/en-FR/insights-resources/articles/2013/posting-letters-of-credit-to-bond-off-constructionFinancial institutions who lend to clients involved in the construction industry may be familiar with the process of “bonding off” liens under the Construction Lien Act, (Ontario). If a construction lien is registered on title to the lands upon which construction is taking place, no advances can be made under a construction mortgage while the lien remains on title to the lands.Sat, 01 Jun 2013 00:00:00 Z040461a9-e523-4520-81e0-c2b6fa1c0e97https://gowlingwlg.com/en-FR/insights-resources/articles/2012/the-importance-of-documenting-shareholder-loans-oShareholders often overlook the need to properly document loan advances in their haste to provide funds to the company, without being aware of the significant consequences that can result. One such consequence arises from the provisions of the BIA which operate to allow the trustee in bankruptcy to reject proofs of claim where advances have not been properly documented or are structured in a manner that makes the advances appear like an equity injection.Sat, 01 Dec 2012 00:00:00 Z3341ea80-65db-42ca-8d11-9b43e4be3cf1https://gowlingwlg.com/en-FR/insights-resources/articles/2012/spotlight-on-security-documents-the-tenant-s-acknDue to a lender's reliance upon the income streams associated with real property to be used as security in a commercial mortgage financing transaction, the leases that exist upon a borrower's property are the most important assets of that borrower next to the value of the land to be mortgaged.Sat, 01 Sep 2012 00:00:00 Z