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Blog Post | Timely Disclosure

A Return to Predictability in Public M&A Share Valuation: The Yukon Court of Appeal Overturns Supreme Court of Yukon’s Decision in Carlock v. ExxonMobil Canada

Fasken
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Introduction The Yukon Court of Appeal recently released its decision in Carlock v. ExxonMobil Canada Holdings ULC,[1] overturning the Supreme Court of Yukon’s unexpected decision to award dissenting shareholders a 43% premium over the negotiated deal price in ExxonMobil Canada Holdings ULC’s (“ExxonMobil”) acquisition of InterOil Corporation (“InterOil”) in 2017. The Court of Appeal’s decision... Continue Reading

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