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Directors’ duties in Canada: Considerations in emergency situations

By Tom Sides and Wes Fairbanks
April 1, 2020
  • Securities Litigation
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The COVID-19 pandemic has presented corporations and other organizations with unprecedented challenges that have required boards of directors to act quickly, with limited information in many cases, in order to safeguard the short-term survival and long-term success of their organizations. In determining the best course of action for their organization to take in an emergency, directors should continue to be mindful of their legal duties and should carefully consider how those duties ought to be discharged in the context of the specific emergency faced.

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Tom Sides

About Tom Sides

Tom is a partner and chair of the National Technology Transactions Law Group. His practice focuses extensively on technology, intellectual property, privacy and related commercial legal issues for clients in the energy, financial institution, health, forestry, information technology and telecommunications industry sectors.

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Wes Fairbanks

About Wes Fairbanks

Wes is a member of Dentons’ Corporate group. His practice includes advising public and private companies, not-for-profit organizations and charities, partnerships, start-ups and entrepreneurs on a broad range of corporate and commercial matters, including corporate organization and governance, corporate finance and securities law, mergers and acquisitions (M&A) and other transactional matters including contract drafting and management.

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