Ontario updates emergency order for shareholder and director meetings

On April 24, 2020, the Government of Ontario made an order (Amended Order) amending the previous order it issued on March 30, 2020 (Previous Order), which provided temporary relief from certain Business Corporations Act (Ontario) (OBCA) and other requirements during the COVID-19 pandemic (Emergency or COVID-19). The Amended Order increases the effectiveness of the relief granted under the Previous Order. Similar to the Previous Order, the Amended Order is retroactive to March 17, 2020.

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About Ora Wexler

Ora Wexler is a partner in our Corporate group and acts as Toronto office lead for the Securities group. Ora focuses her practice on a variety of public and private capital market transactions and securities regulatory matters.

About Andrea Johnson

Andrea’s practice focuses on corporate and securities law, with an emphasis on technology and emerging growth companies. She has extensive experience in the private equity and venture capital area and has acted as lead counsel on many of the largest VC financings in Canada. Andrea also advises TSX-listed companies on IPOs, financings (including PIPEs), mergers and acquisitions, stock-based compensation and corporate governance.

About Matthew Imrie

Matthew Imrie is an associate in our Corporate group. Matthew’s practice focuses on corporate and securities law with a particular emphasis on corporate finance, and public and private mergers and acquisitions. Matthew has experience in public offerings and private placements of equity and debt securities, mergers and acquisitions, reverse takeovers, and negotiating and drafting a wide range of commercial agreements.