Calgary Partner and Co-Leader of Fasken’s Capital Markets and Mergers & Acquisitions Group, Sarah Gingrich, comments on a Supreme Court of Canada decision impacting “material change” disclosure obligations for public companies, in an article published in The Globe and Mail.
“The ruling is going to lead to the requirement for more disclosure,ˮ said Partner, Sarah Gingrich. “For Canadian public companies, the key reason they won’t be happy with the ruling is it means the bar for something qualifying as a change is now lower than it has been.ˮ