Slate Management Corporation v Canada (Attorney General), 2016 ONSC 4216

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Summaries

Summary Under

a generalized intent to achieve a s. 88(1)(d) bump was a sufficient basis to rectify in order to redo an amalgamation

A purchaser (“SCC”) used a newly-formed AcquisitionCo (“GTA”) to acquire a Target (“HCC”). The three corporations then amalgamated. ...

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Summary Under

three-party non-sequential amalgamation busted bump

A purchaser used a newly-formed AcquisitionCo to acquire a Target, and asked for and received a computation from its accounting firm of the amount...

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