martindale.com
Legal Library
|
The Challenges of Being a Public Company in 2009: An Overview of Recent Developments by Cornell C.V. Wright
Torys LLP - Toronto Office
Leslie McCallum
Torys LLP - Toronto Office
|
|
September 30, 2009
Previously published by 2009/2010 Lexpert/CCCA Corporate Counsel Directory and Yearbook, 8th Edition on September 2009
Canadian companies and their directors and officers are facing intense scrutiny from regulators, stock exchanges, institutional investors, shareholders and the media. Regulators in both Canada and the United States have been very active in imposing new governance and disclosure requirements and are increasingly vigilant in enforcing those requirements, particularly in the wake of the recent financial market turmoil. In addition, directors' duties, conflicts of interests and processes of deliberation are being scrutinized more closely by investors and the courts, significantly increasing the exposure of directors to lawsuits and potential liability.
|
The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
| | View More Library Documents By... | | | |
| | | | Torys LLP Overview |
Practice Area Resource Centers
|
|