Proxy Contests In Canada

What investors need to know

JON FELDMAN AND MICHAEL PARTRIDGE, GOODMANS LLP

In March 2016, Smoothwater Capital Corporation announced its intention to nominate three new directors for election at the 2016 annual general meeting of Alberta Oilsands Inc., an oil and gas producer based in Calgary, Alberta and listed on the TSX Venture Exchange. In addition, Smoothwater used the court process to successfully challenge AOS’ proposed merger with another Calgary-based oil and gas producer when the deal was structured in a way that would significantly dilute existing AOS...

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