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EnerCare wins proxy battle

Fasken
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Client

Confidential Client

On April 30, 2012, Enercare Inc. (“Enercare”) held a special meeting of the shareholders to discuss Octavian advisors’ (“Octavian”) request of a shareholder vote in favour of expanding the Enercare board to 10 directors and its proposal to elect four of its Octavian nominees. The dissident resolution proposed by Octavian was defeated by the requisite majority of the votes cast by shareholders. The Chairman of Enercare was advised by Fasken Martineau lawyers, Jon Levin and Laura Fetter.

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