BacTech Environmental Corporation (CNSX: BAC) was created as a result of the BacTech Mining Corporation
Plan of Arrangement in December 2010.
Under the terms of
the Plan of Arrangement (the «Arrangement», former European Goldfields shareholders received 0.85 of an Eldorado common share and Cdn $ 0.0001 in cash for each European Goldfields share.
The plan of arrangement will result in Odin being owned approximately 65 % and 35 % by Odin and EGX's existing shareholders, respectively.
Odin Mining has agreed to acquire EGX by way of a statutory
plan of arrangement.
Buena Vista is expected to be listed as part of
a plan of arrangement with Wabi Exploration Inc. in May, after which an extensive drill program will commence, starting with the highly prospective Hot Springs Peak prospect.
An incorporated business can file bankruptcy, make a Division I Proposal or file something called a CCAA
Plan of Arrangement under the Companies» Creditors Arrangement Act.
The decision of the Court of Appeal is set aside and the trial judge's approval of
the plan of arrangement is affirmed.
In setting the fees at less than a third of what GMG wanted, LaVigne said she had taken into account the lack of progress towards
a plan of arrangement, the relatively routine nature of the CCAA proceedings, superfluous motions filed by GMG, as well as over-lawyering on the matter.
A judge of the Ontario Superior Court of Justice's Commercial List recently approved
a plan of arrangement that eliminated the dual class share structure at Magna International Inc. («Magna») and... [more] Full article
article keywords: Commercial Litigation, enforcement of foreign judgments, insolvency, real and substantial connection, interlocutory orders, recognition, restructuring, CCAA, winding up, interlocutory orders, conflict of laws, international litigation, foreign orders, foreign judgments, Companies Creditors» Arrangement Act, bankruptcy, insurance, reinsurance,
plan of arrangement, scheme, creditors
Notable mandates:
Plan of arrangement to separate FirstService Corp. and Colliers Realty; acquisition, development, financing, and sale of multiple utility scale solar projects for Canadian Solar; representation of Atomic Energy of Canada Ltd. in landmark decision of Federal Court and Federal Court of Appeal on right to dismiss unionized employees without cause; representation of developers on significant condo and mixed use projects including Art Shoppe Condos and The One; initial public offerings for Imperus Labs and Nutritional High.
Notable mandates: Acted for Soltoro Ltd. in connection with its successful disposition by
plan of arrangement to Agnico Eagle Mines Ltd.; co-counsel for Trillium Motor World Ltd. in class action against General Motors of Canada Ltd. and Cassels Brock & Blackwell LLP; acted for Canadian Solar Inc. in connection with raising an aggregate of US$ 50 million in equity and US$ 100 million in debt financing for acquisition financing and working capital purposes; external counsel to the Regional Municipality of York, providing a wide range of municipal, real estate, expropriation, litigation, and commercial law advice and services; counsel to minority shareholder of a Nevis LLC worth more than US$ 500 million with respect to a claim for relief from unfair prejudice in litigation in Nevis and the Commercial Division of the Eastern Caribbean Supreme Court in British Virgin Islands, and in contemporaneous related actions in Belize and the United States.
Transactions on which we regularly advise range from privately negotiated transfers of shares or assets to the largest public company or trust mergers and acquisitions completed by way of take - over bids, amalgamations and
plans of arrangement.
Our team members regularly handle auctions, venture capital transactions, joint ventures,
plans of arrangement and other types of corporate reorganizations.
Canadian Airlines, in connection with a court - supervised
plan of arrangement for the restructuring of Canadian Airlines $ 3.5 billion debt through CCAA proceedings.
Lead outside counsel to Winnipeg Commodity Exchange in respect to all aspects of demutualization, electronic conversion, and a multi-million dollar sale by
plan of arrangement
As counsel to offerors and targets, he has acted on a number of domestic and cross-border take - over bids,
plans of arrangement and contested proxy contests.
Dissent rights are also commonly given to registered shareholders by agreement or court order in
plan of arrangement transactions.
«We did the deal with external counsel and our board to a very large extent until we were ramping up due diligence and we started working on the arrangement agreement and
plan of arrangement itself.
The Ontario Superior Court of Justice held that the exclusive license granted to National Retail Credit Services Company did not have the effect of transferring any proprietary interest to the licensee, and could thus be repudiated pursuant to the Eaton's
plan of arrangement.
Keith is a corporate and commercial lawyer with a practice focused primarily on advising companies with respect to going public transactions, reverse takeovers, public and private financings, asset and share purchases, mergers and acquisitions,
plans of arrangement and corporate restructurings and reorganizations.
It is not disputed that the financial impact of the «bump» achieved through
the plan of arrangement is material to Slate.
While the AG is correct that the relief requested would not undermine third party reliance on the existence of the amalgamated company (as was the case in Norcan), Slate has provided evidence that third parties have relied on the financial consequences of
the plan of arrangement implemented pursuant to the rectification order.
On August 2, 2016,
the plan of arrangement was implemented.
Blockchain Set Date for Spinout of Global Blockchain Mining as Stand - Alone Publicly Listed Entity — On January 25, 2018, the Company also announced that it intended to pursue
a plan of arrangement to spin out the value in its mining division.
As such the Company is investigating and intends to pursue an arrangement agreement with its newly created, wholly owned subsidiary, Global Blockchain Mining Corp., to carry out
a plan of arrangement.
Calgary, Alberta — Brookfield Residential Properties Inc. (the «Company» or «Brookfield Residential»)(BRP: NYSE / TSX) announced today that in connection with the proposed
plan of arrangement (the «Arrangement») pursuant to which 1927726 Ontario Inc., a wholly owned subsidiary of Brookfield Asset Management Inc., will acquire all of the common shares of Brookfield Residential that are not already owned by Brookfield Asset Management and its affiliates for consideration of $ 24.25 per share, Brookfield Residential has applied to the securities regulatory authorities in each of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador for a decision deeming it to have ceased to be a reporting issuer in such jurisdictions, effective upon the closing of the Arrangement and the delisting of Brookfield Residential's common shares from the TSX and the NYSE.
On December 23, 2014, a definitive agreement was entered into and announced whereby Brookfield Asset Management would acquire all of our shares that it does not already own pursuant to a court - approved
plan of arrangement for cash consideration of $ 24.25 per common share, which was $ 1.25 more than Brookfield Asset Management's initial proposal.
Calgary, Alberta — Brookfield Residential Properties Inc. («Brookfield Residential»)(BRP: NYSE / TSX) announced today it has received the final order of the Ontario Superior Court of Justice (Commercial List) approving
the plan of arrangement pursuant to which 1927726 Ontario Inc., a wholly owned subsidiary of Brookfield Asset Management Inc., acquired all of the issued and outstanding common shares of Brookfield Residential that Brookfield Asset Management Inc. and its affiliates did not already own (the «Arrangement»).
Brookfield Asset Management Inc. («Brookfield Asset Management»)(NYSE: BAM)(TSX: BAM.A)(Euronext: BAMA) and Brookfield Residential Properties Inc. («Brookfield Residential»)(BRP: NYSE / TSX) announced today the closing of the going private transaction of Brookfield Residential, pursuant to which 1927726 Ontario Inc., a wholly owned subsidiary of Brookfield Asset Management, acquired all of the issued and outstanding common shares of Brookfield Residential that Brookfield Asset Management and its affiliates did not already own by way of
a plan of arrangement (the «Arrangement»).
Calgary, Alberta — Brookfield Residential Properties Inc. (the «Company» or «Brookfield Residential»)(BRP: NYSE / TSX) is pleased to announce that a second independent proxy advisory firm, Glass Lewis & Co., LLC («Glass Lewis»), has recommended that shareholders vote FOR the special resolution to approve
the plan of arrangement (the «Plan of Arrangement») pursuant to which 1927726 Ontario Inc. (the «Purchaser»), a wholly owned subsidiary of Brookfield Asset Management Inc., will acquire all of the common shares of the Company that are not already owned by Brookfield Asset Management and its affiliates for consideration of US$ 24.25 per share.
Brookfield Residential Properties Inc. (the «Company» or «Brookfield Residential»)(BRP: NYSE / TSX) is pleased to announce that a second independent proxy advisory firm, Glass Lewis & Co., LLC («Glass Lewis»), has recommended that shareholders vote FOR the special resolution to approve
the plan of arrangement (the «Plan of Arrangement») pursuant to which 1927726 Ontario Inc. (the «Purchaser»), a wholly owned subsidiary of Brookfield Asset Management Inc., will acquire all of the common shares of the Company that are not already owned by Brookfield Asset Management and its affiliates for consideration of US$ 24.25 per share.
Brookfield Residential Properties Inc. (the «Company» or «Brookfield Residential»)(BRP: NYSE / TSX) announced today that in connection with the proposed
plan of arrangement (the «Arrangement») pursuant to which 1927726 Ontario Inc., a wholly owned subsidiary of Brookfield Asset Management Inc., will acquire all of the common shares of Brookfield Residential that are not already owned by Brookfield Asset Management and its affiliates for consideration of $ 24.25 per share, Brookfield Residential has applied to the securities regulatory authorities in each of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador for a decision deeming it to have ceased to be a reporting issuer in such jurisdictions, effective upon the closing of the Arrangement and the delisting of Brookfield Residential's common shares from the TSX and the NYSE.
Brookfield Residential Properties Inc. («Brookfield Residential»)(BRP: NYSE / TSX) announced today it has received the final order of the Ontario Superior Court of Justice (Commercial List) approving
the plan of arrangement pursuant to which 1927726 Ontario Inc., a wholly owned subsidiary of Brookfield Asset Management Inc., acquired all of the issued and outstanding common shares of Brookfield Residential that Brookfield Asset Management Inc. and its affiliates did not already own (the «Arrangement»).
Brookfield Residential Properties Inc. (the «Company» or «Brookfield Residential»)(BRP: NYSE / TSX) announced today that it has received shareholder approval for the going private transaction pursuant to which 1927726 Ontario Inc., a wholly owned subsidiary of Brookfield Asset Management Inc., will acquire all of the issued and outstanding common shares of Brookfield Residential that Brookfield Asset Management Inc. and its affiliates do not already own for cash consideration of US$ 24.25 per Common Share by way of
a plan of arrangement (the «Arrangement»).
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply
arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension
plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase
plan, among other things.
Buffett got wind
of the
plan, intervened, and scotched the
arrangement.
How many dollars depends on your
plan's matching
arrangement, but 50 % to 100 %
of your contributions up to a limit
of 3 % to 6 %
of your salary is a pretty common range.
The proposed acquisition will be done by way
of a scheme
of arrangement and the Chinese group
plans to delist and take the Singapore - listed firm private.
Time Warner and Bright House are now part
of Charter Communications, which has also said it
plans to use the Verizon
arrangement to offer its own wireless service later this year.
These regulations would affect participants in, beneficiaries
of, employers maintaining, and administrators
of tax - qualified
plans that contain cash or deferred
arrangements or provide for matching contributions or employee contributions.
Individuals
planning their retirement need to be able to count on the survival
of existing
arrangements.
This document contains proposed amendments to the definitions
of qualified matching contributions (QMACs) and qualified nonelective contributions (QNECs) under regulations relating to certain qualified retirement
plans that contain cash or deferred
arrangements under section 401 (k) or that provide for matching contributions or employee contributions under section 401 (m).
We generally do not enter into severance
arrangements with our named executive officers, and none
of the equity awards granted to the named executive officers under Apple's equity incentive
plans provide for acceleration in connection with a change in control or a termination
of employment, other than as noted below or in connection with death or disability.
Other than periodic incentive
plans that were historically provided to Mr. McNeill based on the achievement
of specific customer - related metrics, including as set forth under the «Non-Equity Incentive
Plan Compensation» column in «Executive Compensation — Summary Compensation Table» below, we do not currently have or have
planned any specific
arrangements with our named executive officers providing for cash - based bonus awards.
(a) Schedule 2.7 (a)
of the Disclosure Schedule contains a list setting forth each employee benefit
plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligat
plan, program, policy or
arrangement (including any «employee benefit
plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligat
plan» as defined in Section 3 (3)
of the Employee Retirement Income Security Act
of 1974, as amended («ERISA»)(«ERISA
Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligat
Plan»)-RRB-, including, without limitation, employee pension benefit
plans, as defined in Section 3 (2)
of ERISA, multi-employer
plans, as defined in Section 3 (37)
of ERISA, employee welfare benefit
plans, as defined in Section 3 (1)
of ERISA, deferred compensation
plans, stock option
plans, bonus
plans, stock purchase
plans, fringe benefit
plans, life, hospitalization, disability and other insurance
plans, severance or termination pay
plans and policies, sick pay
plans and vacation
plans or
arrangements, whether or not an ERISA
Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligat
Plan (including any funding mechanism therefore now in effect or required in the future as a result
of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant
of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.
Other specific duties and responsibilities
of the HR and Compensation Committee include reviewing senior management selection and overseeing succession
planning, including reviewing the leadership development process; reviewing and approving objectives relevant to executive officer compensation, evaluating performance and determining the compensation
of executive officers in accordance with those objectives; approving severance
arrangements and other applicable agreements for executive officers; overseeing HP's equity and incentive compensation
plans; overseeing non-equity based benefit
plans and approving any changes to such
plans involving a material financial commitment by HP;
The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date
of termination
of employment pursuant to bonus, retirement, deferred compensation or other benefit
plans, e.g., 401 (k)
plan distributions, payments pursuant to retirement
plans, distributions under deferred compensation
plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms
of the applicable
plan; (ii) payments
of prorated portions
of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration
of the vesting
of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms
of any benefit
plan, program or
arrangement sponsored by HP or its affiliates that are consistent with Company Practices.
In light
of Mr. Oman's years
of service to the Company and his significant contributions to the growth
of the Company's mortgage business, we believed it was appropriate to enter into this
arrangement in 1998 to address the impact on benefits payable to him under these
plans caused by certain prior internal job changes and amendments made to these
plans.
As sponsors become more educated on
plan expenses and fiduciary responsibilities, they continue to opt out
of complex fee
arrangements in favor
of fully - disclosed, transparent fee
arrangements.