R (Datafin plc) v Panel on Take-overs and Mergers

Summit Appoints Michael Donaldson as Chief Financial Officer

Retrieved on: 
Monday, June 8, 2020
Donaldson, R (Datafin plc) v Panel on Take-overs and Mergers, Case law, Law

Oxford, UK, and Cambridge, MA, US, June 8, 2020 Summit Therapeutics plc (NASDAQ: SMMT) today announces that Mr. Michael Donaldson has been appointed as Chief Financial Officer, effective immediately.

Key Points: 
  • Oxford, UK, and Cambridge, MA, US, June 8, 2020 Summit Therapeutics plc (NASDAQ: SMMT) today announces that Mr. Michael Donaldson has been appointed as Chief Financial Officer, effective immediately.
  • Mr. Donaldson brings to Summit over 20 years of finance experience, including the last nine years working in corporate finance.
  • Summit has a clear focus and vision for bringing much-needed new antibiotic classes to market, beginning with ridinilazole, commented Mr. Donaldson.
  • Mr. Donaldson joins Summit from Goldfinch Bio, Inc., where he led finance and accounting as Vice President, Finance, and Corporate Controller.

Size of the employer group and type of commission are not definitive indicators of voluntary takeover susceptibility, according to Eastbridge Consulting Group

Retrieved on: 
Thursday, May 7, 2020
Mergers and acquisitions, Corporate finance, Takeover, R (Datafin plc) v Panel on Take-overs and Mergers, Case law, Law

Half of carriers surveyed see no difference in takeover levels by case size while just over a third said takeovers are more common for larger case sizes.

Key Points: 
  • Half of carriers surveyed see no difference in takeover levels by case size while just over a third said takeovers are more common for larger case sizes.
  • In addition, most carriers do not see any difference in takeover rates when level or heaped commissions are paid on an existing case.
  • The 2020 Takeovers and the Voluntary Market Spotlight Report providesadditionalcommentary on thecircumstancesunder whichtakeovers are more likely to occur as well as key insights oncarrierpreferencesand attitudestowards takeovers.
  • For more information or to purchase the report, visit the report page by clicking here , e-mail [email protected] , or call (860) 676-9633.

Enforcement Notice Hearing - IIROC to Hold Penalty Hearing for Oakville Portfolio Manager Douglas John Eley

Retrieved on: 
Thursday, February 27, 2020
Financial regulation, Investment Industry Regulatory Organization of Canada, Law, R (Datafin plc) v Panel on Take-overs and Mergers, Case law

TORONTO, Feb. 26, 2020 /CNW/ - A penalty hearing has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) in the matter of Douglas John Eley.

Key Points: 
  • TORONTO, Feb. 26, 2020 /CNW/ - A penalty hearing has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) in the matter of Douglas John Eley.
  • The Hearing Panel's liability decision, dated January 28, 2020, is available at:
    IIROC formally initiated the investigation into Mr. Eley's conduct in February 2017.
  • The alleged violations occurred while he was a Registered Representative and Portfolio Manager with the Oakville branch of Echelon Wealth Partners Inc., an IIROC-regulated firm.
  • The penalty hearing is open to the public, unless the Hearing Panel orders otherwise.

Takeovers & Freezeouts: Practical Aspects of Tender Offers and Acquisitions - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 2, 2020
Other Professional Services, Professional services, Finance, Mergers and acquisitions, Corporations, Corporate finance, Finance, Economy, Takeover, Hart–Scott–Rodino Antitrust Improvements Act, Tender offer, Leveraged buyout, R (Datafin plc) v Panel on Take-overs and Mergers

This seven-volume analytical and reference work reflects the current climate for takeover activity and defense.

Key Points: 
  • This seven-volume analytical and reference work reflects the current climate for takeover activity and defense.
  • Takeovers & Freezeouts addresses important developments concerning such topics as: Sarbanes-Oxley; reducing vulnerability to hostile takeovers; specific responses to overtures and takeover bids; proxy fights and institutional activism; premerger notification under Hart-Scott-Rodino; state regulation of tender offers; tax, accounting and ERISA considerations; antitrust issues; and takeovers and mergers in the banking industry.
  • You'll get expert strategic guidance on improving your negotiating leverage in converting hostile takeovers into friendly deals.
  • The book provides extensive documentation on acquisition and defensive techniques, including LBOs, tender offers, mergers, recapitalizations, restructurings, going private transactions, spin-offs and proxy contests.

Oaktree Sends Letter to Inmarsat PLC Board of Directors Regarding Takeover Offer

Retrieved on: 
Tuesday, November 5, 2019
Banking, Professional services, Finance, Corporate finance, Mergers and acquisitions, Takeover, Corporations, R (Datafin plc) v Panel on Take-overs and Mergers, Companies Act, Law by country, Law

The takeover offer is being made pursuant to a Scheme of Arrangement under Part 26 of the Companies Act 2006 (the Takeover Offer or the Scheme).

Key Points: 
  • The takeover offer is being made pursuant to a Scheme of Arrangement under Part 26 of the Companies Act 2006 (the Takeover Offer or the Scheme).
  • We also expressed our view that the scheme document for the Takeover Offer was severely lacking in disclosure concerning the Ligado Lease or any value appurtenant to it.
  • We fail to see why the Board would not seek to adjourn the date for the Court Sanction Hearing (the Hearing) in respect of the Takeover Offer.
  • Please acknowledge receipt of this letter and provide confirmation that it has been shared with the full Board.

Enforcement Notice - Decision - IIROC Hearing Panel Orders Fines and Suspension for Toronto Investment Advisor Joseph Debus

Retrieved on: 
Wednesday, July 24, 2019
Financial regulation, Investment Industry Regulatory Organization of Canada, Debus, R (Datafin plc) v Panel on Take-overs and Mergers, Law, Case law, Government

The Hearing Panel's liability decision is available at: Debus (Re) 2019 IIROC 05

Key Points: 
  • The Hearing Panel's liability decision is available at: Debus (Re) 2019 IIROC 05
    IIROC formally initiated the investigation into Mr. Debus' conduct in June 2014.
  • Mr. Debus is currently an IIROC registrant employed by Echelon Wealth Partners Inc. in Toronto.
  • Documents related to ongoing IIROC enforcement proceedings including Reasons and Decisions of Hearing Panels are posted on the IIROC website as they become available.
  • Information on how to make investment dealer, advisor or marketplace-related complaints is available by calling 1 877 442-4322.

Manitoba Securities Commission issues Reasons for Decision in the matter of David Tobac

Retrieved on: 
Thursday, June 20, 2019
Law, Canadian securities regulation, R (Datafin plc) v Panel on Take-overs and Mergers, R (Miller) v Secretary of State for Exiting the European Union, Case law

A copy of the Reasons for Decision is available at www.mfda.ca .

Key Points: 
  • A copy of the Reasons for Decision is available at www.mfda.ca .
  • In September 2018, Mr. Tobac applied to the Manitoba Securities Commission ("MSC") for a Hearing and Review of the MFDA Hearing Panel's decision, pursuant to subsection 31.1 of the Manitoba Securities Act.
  • On December 21, 2018, the MSC Hearing Panel issued their Reasons for Decision.
  • A copy of the Reasons for Decision is available on the MSC website here .