Denise Bright on Board of Directors

Canadian Securities Administrators Publish Tenth Report Regarding Women on Boards and in Executive Officer Positions

The Canadian Securities Administrators (CSA) recently published its 10th annual Review of Disclosure Regarding Women on Boards and in Executive Officer Positions (Year 10 Report) (the Review). The Review outlines the CSA's...more

11/15/2024 / Board of Directors , Canada , Canadian Securities Administration , Corporate Governance , Corporate Officers , Diversity , Securities , Senior Managers , Shareholders , Toronto Stock Exchange

Delaware Court Affirms High Threshold for Breach of Directors' Caremark Duties

In a recent case, Bricklayers Pension Fund of Western Pennsylvania (derivatively on behalf of Centene Corporation) v Brinkley (Centene), Delaware's Court of Chancery dismissed “Caremark duty claims”—named after the 1996 case...more

7/31/2024 / Board of Directors , Breach of Duty , Canada , Caremark claim , Corporate Counsel , Corporate Officers , Delaware General Corporation Law , Derivative Suit , Fiduciary Duty , Shareholder Litigation

Delaware Courts Confirm High Standard for Breach of Oversight Duty Applies Equally to Officers and Directors

In the United States, corporate directors and, as confirmed by the Delaware Court in McDonald’s Corp. Stockholder Derivative Litigation (McDonald), corporate officers owe, as a subset of their duty of loyalty, a duty to...more

3/13/2024 / Board of Directors , Breach of Duty , Canada , Caremark claim , Corporate Officers , Delaware General Corporation Law , Derivative Suit , Fiduciary Duty , Shareholder Litigation

If It's Broke, Fix It: Amendments to the Alberta Business Corporations Act

On March 28, 2023, the Alberta Government's Bill 10: Financial Statutes Amendment Act, 2023 (Bill 10) received Royal Assent. Bill 10 amends a number of key corporate statutes, including Alberta's Business Corporation Act, RSA...more

4/14/2023 / Board of Directors , Canada , Corporate Governance , Corporate Officers , Financial Reporting , Shareholder Litigation , Shareholders , The Corporations Act

Delaware Court Extends a Director's Duty of Oversight to Officers—What Could This Mean for Canadian Directors and Officers?

In the United States, corporate directors owe, as a subset of their duty of loyalty, a duty to monitor and oversee the operations of the company, referred to as the "duty of oversight" in this blog. This duty is known as the...more

3/13/2023 / Board of Directors , Breach of Duty , Canada , Corporate Culture , Corporate Governance , Corporate Officers , Delaware , Duty of Oversight , Fiduciary Duty , Shareholder Litigation , Shareholders

Canadian Securities Administrators Publish Eighth Report Regarding Women on Boards and in Executive Officer Positions

The Canadian Securities Administrators (CSA) recently published its eighth annual Review of Disclosure Regarding Women on Boards and in Executive Officer Positions (Year 8 Report) (the Review). The Review outlines the CSA's...more

11/16/2022 / Board of Directors , Canada , Canadian Securities Administration , Corporate Governance , Disclosure Requirements , Diversity , Principal Executive Officer , Woman Board Members

Additional Changes to Alberta's Business Corporations Act Now in Effect

The Alberta Government's Business Corporations Amendment Act, 2021 (formerly Bill 84), which we wrote on in our previous insight Additional Changes Coming to Alberta's Business Corporations Act, was proclaimed into force on...more

6/8/2022 / Board of Directors , Canada , Corporate Counsel , Corporate Governance , Corporate Officers , New Regulations , Senior Managers , Shareholders

Additional Canada Business Corporation Act Regulations to Come Into Force August 31, 2022

In 2021, the Government of Canada proposed regulations that would change the director election process for certain corporations established under the Canada Business Corporations Act (CBCA). For more information with respect...more

4/21/2022 / Board Members , Board of Directors , Business Corporation Act , Canada , Corporate Counsel , Corporate Governance , Directors , Shareholder Votes , Shareholders

Additional Changes Coming to Alberta's Business Corporations Act

On December 2, 2021, the Alberta Government's Bill 84: Business Corporations Amendment Act, 2021 (Bill 84) received Royal Assent. The amendments to the Business Corporations Act (Alberta) (ABCA) contemplated by Bill 84 (which...more

1/31/2022 / Board of Directors , Business Corporation Act , Canada , Corporate Counsel , Corporate Governance , Corporate Officers , Shareholders

CSA Publishes New Guidance on Disclosure of Women on Boards and in Executive Officer Positions

The Canadian Securities Administrators (CSA) has published the seventh annual Review of Disclosure Regarding Women on Boards and in Executive Officer Positions. The participating jurisdictions from the previous...more

11/15/2021 / Board of Directors , Canada , Canadian Securities Administration , Corporate Governance , Disclosure Requirements , Diversity , Woman Board Members

Canadian Securities Regulators Publish Sixth Report Regarding Women on Boards and in Executive Officer

In March 2021, the Canadian Securities Administrators (CSA) published the sixth Staff Review of Disclosure Regarding Women on Boards and in Executive Officer Positions. Recently, participating securities regulatory...more

6/7/2021 / Board of Directors , Canada , Diversity , Securities , Woman Board Members

Canadian Government Proposes New CBCA Standard for Electing Directors (Updated)

The federal government has introduced proposed regulations that would, among other things, change the director election process for certain corporations established under the Canada Business Corporations Act (CBCA). The...more

5/5/2021 / Board of Directors , Canada , Controlling Stockholders , Corporate Counsel , Corporate Governance , Corporate Officers , Shareholder Litigation , Shareholders

Government of Canada Publishes First Report on Diversity Disclosure

On April 7, 2021, the Government of Canada published Diversity of Boards of Directors and Senior Management of Federal Distributing Corporations. The report is the first report on the effect of the government's efforts to...more

4/27/2021 / Board of Directors , Canada , CBCA , Corporate Counsel , Corporate Governance , Corporate Officers , Disclosure Requirements , Diversity , New Regulations , Senior Managers , Shareholders

Proposed Changes to the CBCA: Directors Duties and Disclosure Obligations

On April 8, 2019, the Federal Government introduced Bill C-97, An Act to implement certain provisions of the budget tabled in Parliament on March 19, 2019 and other measures, which includes proposed changes to the Canada...more

4/23/2019 / Board of Directors , Canada , CBCA , Clawbacks , Corporate Governance , Corporate Officers , Disclosure Requirements , Diversity , New Regulations , Senior Managers , Shareholders

Final Disclosure Rules Regarding Women on Boards and in Senior Management

TSX-listed companies will almost certainly need to include disclosure in their information circulars or annual information forms on the representation of women on their boards and in senior management for the 2015 proxy...more

10/20/2014 / Board of Directors , Canada , Disclosure Requirements , Diversity , Proxy Statements , Publicly-Traded Companies

Women on Boards and in Senior Management- OSC Releases Proposed Amendments Regarding Incremental Disclosures of Corporate...

Women on Boards and in Senior Management - The Ontario Securities Commission (OSC) has published for comment proposed amendments to Form 58-101F1 of National Instrument 58-101 Disclosure of Corporate Governance...more

1/23/2014 / Board of Directors , Canada , Corporate Governance , Diversity , Women in the Law

Denise Bright

Bennett Jones LLP

Popular Topics by This Author

Latest Posts › Board of Directors