Pension plan considerations in the M&A context

By Troy Ungerman (Toronto) on August 7, 2018 Posted in Employment and labour, M&A

In any acquisition, whether for shares or assets, employee benefits and obligations must be taken into account. One of the potentially most onerous obligations includes the provision of pension benefits to employees – this makes it all the more important for companies contemplating acquisitions to consider potential employee pension plan implications. In a share purchase … Continue reading

Enforcement of restrictive covenants in commercial transactions

By Troy Ungerman (Toronto) on April 17, 2018 Posted in Employment and labour, M&A

Restrictive covenants are often a key mechanism by way of which the buyer of a business is able to protect the value of their purchase. Indeed, in a 2017 review of legal trends in Canadian private M&A, Thomson Reuters has reported that non-competition covenants were found in 52% of the closing conditions of share acquisition … Continue reading

Non-compete: get it signed before!

By guestauthor on March 16, 2012 Posted in Employment and labour

This post was contributed by Jean R. Allard, Partner, Norton Rose Canada In a recent Quebec Court of Appeal decision,[1] the court reversed a decision of all previous courts in a case regarding unfair termination for refusal to sign a non-compete agreement three years after the hiring date. In this case, the employer, a pharmaceutical … Continue reading