Practical tips for effecting a successful merger
This article sets out the practical benefits and challenges of merging two charities and some post-merger considerations to effect a smooth transition.
Supreme Court of Canada issues landmark merger and efficiencies decision
The Supreme Court of Canada released its long awaited decision in Tervita Corporation et al v. Commissioner of Competition. In a 6-1 decision, the SCC allowed Tervita’s appeal and set aside the divestiture order made by the Competition Tribunal and upheld by the Federal Court of Appeal (FCA). The SCC agreed with the FCA’s conclusion that the merger would likely result in a substantial prevention of competition, but overruled the conclusions of the Tribunal and the FCA that the merger was not saved by the efficiencies defence.
