The Litigator

THE LITIGATOR

Commentary on Law Affecting Business

The Litigator
AGM :: Affleck Greene McMurtry LLP

THE LITIGATOR

Affleck Greene McMurtry LLP
365 Bay Street, Suite 200  ·  Toronto, Canada
416 360 2800  ·  info@agmlawyers.com  ·  www.thelitigator.ca

Pre-merger notification threshold increased to $80 million

The Competition Bureau announced on February 8, 2013, that the pre-merger notification size threshold will increase to $80 million, effective January 12, 2013. The party size threshold remains set at $400 million.

Generally, the Bureau must be notified of a proposed merger before closing where:

1.The transaction relates to an operating business in Canada;

2.The target firm has assets in Canada or revenues from sales in or from Canada of more than $80 million; and

3.The parties collectively, including their affiliates, have assets in Canada of more than $400 million or revenues from sales in, from, or into Canada, of more than $400 million.

Masiel A. Matus
Affleck Greene McMurtry LLP

Masiel A. Matus

Masiel has a broad commercial litigation practice and represents both national and international clients in a variety of complex matters. Masiel has experience litigating cases involving professional negligence, commercial leasing and real property disputes, insurance, contract disputes, shareholder disputes, fraud, breach of fiduciary duty, breach of trust, employment matters and defamation claims.

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