Skip to main content
This website uses cookies. By continuing to use this website you are agreeing to our use of cookies as described in our privacy policy.
Client Work

Viterra formally appoints a standing special committee

Fasken
Reading Time 1 minute read Subscribe
Client

Viterra Inc.

On January 1, 2013, Viterra Inc. (“Viterra”) announced that, following the acquisition of Viterra by a subsidiary of Glencore International plc (“Glencore”), pursuant to a court approved plan of arrangement, the board of directors of Viterra formally appointed a standing special committee (the “Special Committee”) consisting of Larry Ruud and Robert Wardell (each of whom are independent directors of Viterra) which will, among other things, provide an independent review of material related party matters. On January 1, 2013, the Special Committee considered certain reorganizational matters including the recently completed amalgamation (the “Amalgamation”) of Glencore’s subsidiary and Viterra under the Canada Business Corporations Act. The Special Committee determined, following receipt of an opinion from Paradigm Capital Inc. and legal advice from Fasken Martineau DuMoulin LLP, that the Amalgamation and other certain reorganizational matters reviewed by the Special Committee were in the best interests of Viterra. The Special Committee was represented by a team of Fasken Martineau lawyers that included, John Turner, Gregory Ho Yuen, Jessica Catton and Francesco Tallarico (corporate governance and corporate/securities) and Scott Rollwagen (research).

    Subscribe

    Receive email updates from our team

    Subscribe