James C. Tory

OSC Signals Change of Approach to Poison Pills
James C. Tory, Andrew Gray, September 23, 2009
In its recent decision in Neo Material Technologies Inc., the Ontario Securities Commission has signalled that it may be changing its approach to poison pills and takeover bids. The result of the Neo decision is that the board of a target company may now be able to "just say no" to a...

M&A: Torys' Top 10 Trends for 2009
Joris M. Hogan, James D. Scarlett, David A. Chaikof, James C. Tory, Aaron S. Emes, Sharon C. Geraghty, Krista F. Hill, Philip D.A. Symmonds, Philip J. Brown, Karrin A. Powys-Lybbe, Andrew J. Beck, Patricia A. Koval, Michael F.E. Akkawi, Stephen J. Donovan, Scott A. Bomhof, William F. Gray, Philip Mohtadi, Omar K. Wakil, February 3, 2009
The year 2008 brought a global credit crisis that adversely affected financial institutions and their clients, and thrust a new world on the business community and its advisers. In many cases, those financial institutions were driven into the hands of suitors, often government-backed, with...

Directors' Duties After BCE: Supreme Court of Canada Decides
James C. Tory, R. John Cameron, December 1, 2009
The Supreme Court of Canada released its reasons for decision in the BCE case in December 2008. The reasons have been awaited by Canadian M&A practitioners with a mix of eagerness and anxiety. Eagerness, because the case offered a perfect vehicle for the Court to provide much-needed guidance on the...